Hycroft Mining Holding (Hycroft Mining Holding) Debt-to-EBITDA : -5.82 (As of Dec. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Hycroft Mining Holding Debt-to-EBITDA?

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hycroft Mining Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $2.36 Mil. Hycroft Mining Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $142.63 Mil. Hycroft Mining Holding's annualized EBITDA for the quarter that ended in Dec. 2023 was $-24.90 Mil. Hycroft Mining Holding's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -5.82.

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt. According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

The historical rank and industry rank for Hycroft Mining Holding's Debt-to-EBITDA or its related term are showing as below:

HYMC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -16.28 Med: -3.4 Max: -1.66
Current: -4.24

During the past 5 years, the highest Debt-to-EBITDA Ratio of Hycroft Mining Holding was -1.66. The lowest was -16.28. And the median was -3.40.

HYMC's Debt-to-EBITDA is ranked worse than
100% of 538 companies
in the Metals & Mining industry
Industry Median: 1.98 vs HYMC: -4.24

Hycroft Mining Holding Debt-to-EBITDA Historical Data

The historical data trend for Hycroft Mining Holding's Debt-to-EBITDA can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Hycroft Mining Holding Debt-to-EBITDA Chart

Hycroft Mining Holding Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

-16.28

-1.66

-2.39

-3.40

-4.24

Hycroft Mining Holding Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial														-3.84	-3.87	-4.02	-3.42	-5.82

Competitive Comparison of Hycroft Mining Holding's Debt-to-EBITDA

For the Gold subindustry, Hycroft Mining Holding's Debt-to-EBITDA, along with its competitors' market caps and Debt-to-EBITDA data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Hycroft Mining Holding's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Hycroft Mining Holding's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Hycroft Mining Holding's Debt-to-EBITDA falls into.

Hycroft Mining Holding Debt-to-EBITDA Calculation

Debt-to-EBITDA measures a company's ability to pay off its debt.

Hycroft Mining Holding's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2.355	+	142.625)	/	-34.206
	=	-4.24

Hycroft Mining Holding's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(2.355	+	142.625)	/	-24.904
	=	-5.82

In the calculation of annual Debt-to-EBITDA, the EBITDA of the last fiscal year is used. In calculating the annualized quarterly data, the EBITDA data used here is four times the quarterly (Dec. 2023) EBITDA data.

Hycroft Mining Holding (NAS:HYMC) Debt-to-EBITDA Explanation

In the calculation of Debt-to-EBITDA, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by EBITDA. In some calculations, Total Liabilities is used to for calculation.

Be Aware

A high Debt-to-EBITDA ratio generally means that a company may spend more time to paying off its debt.

According to Joel Tillinghast's BIG MONEY THINKS SMALL: Biases, Blind Spots, and Smarter Investing, a ratio of Debt-to-EBITDA exceeding four is usually considered scary unless tangible assets cover the debt.

Hycroft Mining Holding Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Hycroft Mining Holding's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.

Hycroft Mining Holding (Hycroft Mining Holding) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Hycroft Mining Holding Corp (NAS:HYMC) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

4300 Water Canyon Road, Unit 1, Winnemucca, NV, USA, 89445

Website

http://www.hycroftmining.com

Hycroft Mining Holding Corp is a gold and silver producer. Its operating mine, the Hycroft Mine, is an open-pit heap leach operation located approximately fifty four miles west of Winnemucca, Nevada.

Executives

Diane R Garrett	director, officer: President, CEO & Director	C/O NOVAGOLD RESOURCES INC., 201 SOUTH MAIN, SUITE 400, SALT LAKE CITY UT 84111
Stanton K Rideout	officer: Executive Vice President & CFO	C/O HYCROFT MINING HOLDING CORPORATION, 8181 E. TUFTS AVE. SUITE 510, DENVER CO 80237
Rebecca Jennings	officer: Senior Vice President	4300 WATER CANYON ROAD, UNIT 1, WINNEMUCCA NV 89445
Mudrick Capital Management, L.p.	director, 10 percent owner	527 MADISON AVENUE, 6TH FLOOR, NEW YORK NY 10022
Stephen A Lang	director	1 UNIVERSITY AVENUE, SUITE 1500, TORONTO A6 M5J 2P1
Eric Sprott	10 percent owner	2700-200 BAY STREET, ROYAL BANK PLAZA SOUTH TOWER, TORONTO A6 M5J 2J1
David C Naccarati	director	ONE NORTH CENTRAL AVENUE, CORPORATE SECRETARY DEPARTMENT, PHOENIX AZ 85004
Sean D. Goodman	director	11500 ASH STREET, LEAWOOD KS 66211
2176423 Ontario Ltd.	10 percent owner	200 BAY STREET, SUITE 2600, ROYAL BANK PLAZA, SOUTH TOWER, TORONTO A6 M5J 2J1
American Multi-cinema, Inc.	10 percent owner	ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Amc Entertainment Holdings, Inc.	10 percent owner	ONE AMC WAY, 11500 ASH STREET, LEAWOOD KS 66211
Whitebox Advisors Llc	10 percent owner	3033 EXCELSIOR BLVD., SUITE 500, MINNEAPOLIS MN 55416
Whitebox General Partner Llc	10 percent owner	3033 EXCELSIOR BLVD., SUITE 300, MINNEAPOLIS MN 55416
Highbridge Capital Management Llc	10 percent owner	277 PARK AVE, 23RD FLOOR, NEW YORK NY 10172
Jeffrey Stieber	officer: Chief Financial Officer	8181 E. TUFTS AVE., SUITE510, DENVER CO 80237