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Australian Gold and Copper (ASX:AGC) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Australian Gold and Copper Debt-to-EBITDA?

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

Australian Gold and Copper's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Australian Gold and Copper's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Australian Gold and Copper's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-0.81 Mil. Australian Gold and Copper's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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 Australian Gold and Copper's Debt-to-EBITDA or its related term are showing as below:

ASX:AGC's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2
* Ranked among companies with meaningful Debt-to-EBITDA only.

Australian Gold and Copper Debt-to-EBITDA Historical Data

The historical data trend for Australian Gold and Copper'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.

Australian Gold and Copper Debt-to-EBITDA Chart

Australian Gold and Copper Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
N/A - - -

Australian Gold and Copper Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial - - - - -

Competitive Comparison of Australian Gold and Copper's Debt-to-EBITDA

For the Gold subindustry, Australian Gold and Copper'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.


Australian Gold and Copper's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Australian Gold and Copper's Debt-to-EBITDA falls into.



Australian Gold and Copper Debt-to-EBITDA Calculation

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

Australian Gold and Copper's Debt-to-EBITDA for the fiscal year 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
=(0 + 0) / -1.726
=0.00

Australian Gold and Copper'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
=(0 + 0) / -0.806
=0.00

* 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.


Australian Gold and Copper  (ASX:AGC) 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.


Australian Gold and Copper Debt-to-EBITDA Related Terms

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


Australian Gold and Copper (ASX:AGC) Business Description

Traded in Other Exchanges
N/A
Address
55 Hampden Road, Suite 7, Nedlands, Perth, WA, AUS, 6009
Australian Gold and Copper Ltd is engaged in exploring and developing gold exploration projects with demonstrated high discovery potential. Its projects include the Moorefield project, Derriwong project, Rast project, Gundagai project, and Cargelligo project.