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Polymetal International (LSE:POLY) Debt-to-EBITDA : 1.96 (As of Dec. 2023)


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What is Polymetal International Debt-to-EBITDA?

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

Polymetal International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £808 Mil. Polymetal International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1,795 Mil. Polymetal International's annualized EBITDA for the quarter that ended in Dec. 2023 was £1,326 Mil. Polymetal International's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 1.96.

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 Polymetal International's Debt-to-EBITDA or its related term are showing as below:

LSE:POLY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 1.07   Med: 2.4   Max: 45.75
Current: 2.6

During the past 13 years, the highest Debt-to-EBITDA Ratio of Polymetal International was 45.75. The lowest was 1.07. And the median was 2.40.

LSE:POLY's Debt-to-EBITDA is not ranked
in the Metals & Mining industry.
Industry Median: 1.98 vs LSE:POLY: 2.60

Polymetal International Debt-to-EBITDA Historical Data

The historical data trend for Polymetal International'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.

Polymetal International Debt-to-EBITDA Chart

Polymetal International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.84 1.07 1.46 45.75 2.60

Polymetal International Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.33 -7.64 5.42 3.58 1.96

Competitive Comparison of Polymetal International's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Polymetal International'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.


Polymetal International's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Polymetal International's Debt-to-EBITDA falls into.



Polymetal International Debt-to-EBITDA Calculation

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

Polymetal International'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
=(808.17 + 1794.88) / 1000.14
=2.60

Polymetal International'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
=(808.17 + 1794.88) / 1325.62
=1.96

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Polymetal International  (LSE:POLY) 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.


Polymetal International Debt-to-EBITDA Related Terms

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


Polymetal International (LSE:POLY) Business Description

Traded in Other Exchanges
N/A
Address
Parthenonos, 6, 3rd Floor, Limassol, CYP, 3031
Polymetal International PLC is a precious metals mining group, operating in Russia and Kazakhstan. The group has five reportable segments: Magadan, Ural, Khabarovsk, Yakutia, and Kazakhstan. Each segment is engaged in gold, silver, or copper mining and related activities, including exploration, extraction, processing, and reclamation. The Magadan and Kazakhstan segments contribute the majority of revenue for Polymetal.