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Franklin Mining (Franklin Mining) Debt-to-EBITDA : -20.25 (As of Sep. 2002)


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What is Franklin Mining Debt-to-EBITDA?

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

Franklin Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2002 was $0.57 Mil. Franklin Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2002 was $0.00 Mil. Franklin Mining's annualized EBITDA for the quarter that ended in Sep. 2002 was $-0.03 Mil. Franklin Mining's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2002 was -20.25.

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 Franklin Mining's Debt-to-EBITDA or its related term are showing as below:

FMNJ'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.

Franklin Mining Debt-to-EBITDA Historical Data

The historical data trend for Franklin Mining'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.

Franklin Mining Debt-to-EBITDA Chart

Franklin Mining Annual Data
Trend Dec92 Dec93 Dec94 Dec95 Dec96 Dec97 Dec98 Dec99 Dec00 Dec01
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.17 -2.29 -6.82 -0.65 -1.41

Franklin Mining Quarterly Data
Dec97 Mar98 Jun98 Sep98 Dec98 Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02
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 - -0.47 -5.05 -11.05 -20.25

Competitive Comparison of Franklin Mining's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Franklin Mining'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.


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

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

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



Franklin Mining Debt-to-EBITDA Calculation

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

Franklin Mining's Debt-to-EBITDA for the fiscal year that ended in Dec. 2001 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.442 + 0) / -0.314
=-1.41

Franklin Mining's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2002 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.567 + 0) / -0.028
=-20.25

* 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 (Sep. 2002) EBITDA data.


Franklin Mining  (OTCPK:FMNJ) 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.


Franklin Mining Debt-to-EBITDA Related Terms

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


Franklin Mining (Franklin Mining) Business Description

Traded in Other Exchanges
N/A
Address
215 west Bandera Road, Suite 114-459, Boerne, TX, USA, 78006
Franklin Mining Inc is engaged in the exploration, development, and mining of precious and non-ferrous metals, including gold, silver, lead, copper, and zinc. Its principal mining properties are Franklin Mines, located near Idaho Springs in clear creek country, Colorado, and the Franklin Mill, located on the site of Franklin Mines.

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