GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Toubani Resources Ltd (ASX:TRE) » Definitions » Debt-to-EBITDA

Toubani Resources (ASX:TRE) Debt-to-EBITDA : 0.00 (As of Mar. 2023)


View and export this data going back to 2022. Start your Free Trial

What is Toubani Resources Debt-to-EBITDA?

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

Toubani Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was A$0.00 Mil. Toubani Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2023 was A$0.00 Mil. Toubani Resources's annualized EBITDA for the quarter that ended in Mar. 2023 was A$-15.04 Mil. Toubani Resources's annualized Debt-to-EBITDA for the quarter that ended in Mar. 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 Toubani Resources's Debt-to-EBITDA or its related term are showing as below:

ASX:TRE's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.98
* Ranked among companies with meaningful Debt-to-EBITDA only.

Toubani Resources Debt-to-EBITDA Historical Data

The historical data trend for Toubani Resources'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.

Toubani Resources Debt-to-EBITDA Chart

Toubani Resources 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 - - - - -

Toubani Resources Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 - - - - -

Competitive Comparison of Toubani Resources's Debt-to-EBITDA

For the Gold subindustry, Toubani Resources'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.


Toubani Resources's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Toubani Resources Debt-to-EBITDA Calculation

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

Toubani Resources'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
=(0 + 0) / -5.458
=0.00

Toubani Resources's annualized Debt-to-EBITDA for the quarter that ended in Mar. 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) / -15.044
=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 four times the quarterly (Mar. 2023) EBITDA data.


Toubani Resources  (ASX:TRE) 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.


Toubani Resources Debt-to-EBITDA Related Terms

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


Toubani Resources (ASX:TRE) Business Description

Traded in Other Exchanges
Address
100 King Street West, Suite 1600, Toronto, ON, CAN, M5X 1G5
Toubani Resources Ltd is a Canada-based gold exploration and development company. Its segment consists of the acquisition, exploration, and development of precious and base metal mineral resources properties located in Western Africa. The company's portfolio includes the Kobada gold project which is a stage gold development project located in Mali.

Toubani Resources (ASX:TRE) Headlines

No Headlines