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Orezone Gold (TSX:ORE) Debt-to-Revenue : 0.34 (As of Mar. 2024)


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What is Orezone Gold Debt-to-Revenue?

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

Orezone Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$27.0 Mil. Orezone Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$91.2 Mil. Orezone Gold's annualized Revenue for the quarter that ended in Mar. 2024 was C$350.2 Mil. Orezone Gold's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 0.34.


Orezone Gold Debt-to-Revenue Historical Data

The historical data trend for Orezone Gold's Debt-to-Revenue 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.

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Orezone Gold Debt-to-Revenue Chart

Orezone Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-Revenue
Get a 7-Day Free Trial Premium Member Only Premium Member Only N/A N/A N/A 2.83 0.34

Orezone Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-Revenue 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 0.35 0.36 0.43 0.35 0.34

Competitive Comparison of Orezone Gold's Debt-to-Revenue

For the Gold subindustry, Orezone Gold's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue 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.


Orezone Gold's Debt-to-Revenue Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Orezone Gold's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Orezone Gold's Debt-to-Revenue falls into.



Orezone Gold Debt-to-Revenue Calculation

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

Orezone Gold's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(27.362 + 97.944) / 364.232
=0.34

Orezone Gold's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue=Total Debt / Revenue
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Revenue
=(26.962 + 91.154) / 350.232
=0.34

* 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-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.


Orezone Gold Debt-to-Revenue Related Terms

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Orezone Gold (TSX:ORE) Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 450, Bentall Tower 1, Vancouver, BC, CAN, V7X 1M3
Orezone Gold Corp is a Canada-based gold mining company mainly engaged in the exploration and evaluation and development of gold. The company operates the open pit Bombore Gold Mine in Burkina Faso. The company operates in the business segment of acquisition, exploration, and potential development of precious metal properties. In addition to social responsibility and sustainability, Orezone has an experienced team in project construction and operations, financings, capital markets and M&A.
Executives
Ryan Goodman Senior Officer

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