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Trafford Resources (ASX:TRF) Debt-to-EBITDA : 0.00 (As of Dec. 2014)


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What is Trafford Resources Debt-to-EBITDA?

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

Trafford Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was A$0.00 Mil. Trafford Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2014 was A$0.00 Mil. Trafford Resources's annualized EBITDA for the quarter that ended in Dec. 2014 was A$-4.39 Mil. Trafford Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2014 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 Trafford Resources's Debt-to-EBITDA or its related term are showing as below:

ASX:TRF'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.

Trafford Resources Debt-to-EBITDA Historical Data

The historical data trend for Trafford 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.

Trafford Resources Debt-to-EBITDA Chart

Trafford Resources Annual Data
Trend Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Debt-to-EBITDA
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Trafford Resources Semi-Annual Data
Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14
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Competitive Comparison of Trafford Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Trafford 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.


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

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

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



Trafford Resources Debt-to-EBITDA Calculation

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

Trafford Resources's Debt-to-EBITDA for the fiscal year that ended in Jun. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -3.732
=0.00

Trafford Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -4.388
=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. 2014) EBITDA data.


Trafford Resources  (ASX:TRF) 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.


Trafford Resources Debt-to-EBITDA Related Terms

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


Trafford Resources (ASX:TRF) Business Description

Traded in Other Exchanges
N/A
Address
Trafford Resources Limited is a mineral exploration company with projects in South and Western Australia. Company also has a 0.5053 interest in IronClad Mining Ltd (IronClad).

Trafford Resources (ASX:TRF) Headlines

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