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Sociedad Minera Cerro VerdeA (LIM:CVERDEC1) Debt-to-EBITDA : 0.03 (As of Dec. 2023)


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What is Sociedad Minera Cerro VerdeA Debt-to-EBITDA?

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

Sociedad Minera Cerro VerdeA's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $10 Mil. Sociedad Minera Cerro VerdeA's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $50 Mil. Sociedad Minera Cerro VerdeA's annualized EBITDA for the quarter that ended in Dec. 2023 was $1,954 Mil. Sociedad Minera Cerro VerdeA's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.03.

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 Sociedad Minera Cerro VerdeA's Debt-to-EBITDA or its related term are showing as below:

LIM:CVERDEC1' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.11   Max: 0.69
Current: 0.03

During the past 10 years, the highest Debt-to-EBITDA Ratio of Sociedad Minera Cerro VerdeA was 0.69. The lowest was 0.01. And the median was 0.11.

LIM:CVERDEC1's Debt-to-EBITDA is ranked better than
95.71% of 536 companies
in the Metals & Mining industry
Industry Median: 1.965 vs LIM:CVERDEC1: 0.03

Sociedad Minera Cerro VerdeA Debt-to-EBITDA Historical Data

The historical data trend for Sociedad Minera Cerro VerdeA'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.

Sociedad Minera Cerro VerdeA Debt-to-EBITDA Chart

Sociedad Minera Cerro VerdeA Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.57 0.16 0.03 0.03

Sociedad Minera Cerro VerdeA Semi-Annual Data
Dec05 Dec06 Dec07 Dec08 Dec09 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.69 0.57 0.16 0.03 0.03

Competitive Comparison of Sociedad Minera Cerro VerdeA's Debt-to-EBITDA

For the Copper subindustry, Sociedad Minera Cerro VerdeA'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.


Sociedad Minera Cerro VerdeA's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Sociedad Minera Cerro VerdeA's Debt-to-EBITDA falls into.



Sociedad Minera Cerro VerdeA Debt-to-EBITDA Calculation

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

Sociedad Minera Cerro VerdeA'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
=(9.909 + 49.683) / 1953.648
=0.03

Sociedad Minera Cerro VerdeA'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
=(9.909 + 49.683) / 1953.648
=0.03

* 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.

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 one times the quarterly (Dec. 2023) EBITDA data.


Sociedad Minera Cerro VerdeA  (LIM:CVERDEC1) 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.


Sociedad Minera Cerro VerdeA Debt-to-EBITDA Related Terms

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


Sociedad Minera Cerro VerdeA (LIM:CVERDEC1) Business Description

Traded in Other Exchanges
N/A
Address
Avenue Alfonso Ugarte 304, Arequipa, PER
Sociedad Minera Cerro Verde SAA is involved in the exploration, extraction, production and sale of copper from deposits located in the southwest of the Arequipa city.

Sociedad Minera Cerro VerdeA (LIM:CVERDEC1) Headlines

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