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Sibanye Stillwater (JSE:SSW) Debt-to-EBITDA : 1.10 (As of Jun. 2023)


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What is Sibanye Stillwater Debt-to-EBITDA?

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

Sibanye Stillwater's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was R335 Mil. Sibanye Stillwater's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2023 was R25,617 Mil. Sibanye Stillwater's annualized EBITDA for the quarter that ended in Jun. 2023 was R23,512 Mil. Sibanye Stillwater's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 was 1.10.

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 Sibanye Stillwater's Debt-to-EBITDA or its related term are showing as below:

JSE:SSW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.36   Med: 0.7   Max: 29.88
Current: 1.14

During the past 13 years, the highest Debt-to-EBITDA Ratio of Sibanye Stillwater was 29.88. The lowest was 0.36. And the median was 0.70.

JSE:SSW's Debt-to-EBITDA is ranked better than
62.18% of 542 companies
in the Metals & Mining industry
Industry Median: 1.98 vs JSE:SSW: 1.14

Sibanye Stillwater Debt-to-EBITDA Historical Data

The historical data trend for Sibanye Stillwater'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.

Sibanye Stillwater Debt-to-EBITDA Chart

Sibanye Stillwater Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.16 2.87 0.41 0.36 0.62

Sibanye Stillwater Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 0.25 0.73 0.56 1.05 1.10

Competitive Comparison of Sibanye Stillwater's Debt-to-EBITDA

For the Gold subindustry, Sibanye Stillwater'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.


Sibanye Stillwater's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Sibanye Stillwater Debt-to-EBITDA Calculation

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

Sibanye Stillwater's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(233 + 22814) / 37126
=0.62

Sibanye Stillwater's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(335 + 25617) / 23512
=1.10

* 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 (Jun. 2023) EBITDA data.


Sibanye Stillwater  (JSE:SSW) 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.


Sibanye Stillwater Debt-to-EBITDA Related Terms

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


Sibanye Stillwater (JSE:SSW) Business Description

Traded in Other Exchanges
Address
Cnr 14th Avenue and Hendrik Potgieter Road, Bridgeview House, Building 11, Ground Floor, Lakeview Avenue, Constantia Office Park, Weltevreden Park, Roodepoort, GT, ZAF, 1709
Sibanye Stillwater Ltd is a South Africa-focused mining company. The Group currently owns and operates five underground and surface gold operations in South Africa: the Cooke, DRDGOLD, Driefontein, and Kloof operations in the West Witwatersrand region, and the Beatrix Operation in the southern Free State province. In addition to mining, the company owns and manages extraction and processing facilities at its operations, where gold-bearing ore is treated and beneficiated to produce gold dore. The gold dore is further refined at Rand Refinery into gold bars with a purity of at least 99.5% and is then sold on international markets. Sibanye holds a 44% interest in Rand Refinery, global refiners of gold, and the largest in Africa. Rand Refinery markets gold to customers around the world.

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