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Jupiter Mines (Jupiter Mines) Debt-to-EBITDA : 0.01 (As of Aug. 2023)


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What is Jupiter Mines Debt-to-EBITDA?

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

Jupiter Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.06 Mil. Jupiter Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2023 was $0.23 Mil. Jupiter Mines's annualized EBITDA for the quarter that ended in Aug. 2023 was $20.67 Mil. Jupiter Mines's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 was 0.01.

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 Jupiter Mines's Debt-to-EBITDA or its related term are showing as below:

JMXXF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.01
Current: 0.01

During the past 6 years, the highest Debt-to-EBITDA Ratio of Jupiter Mines was 0.01. The lowest was 0.01. And the median was 0.01.

JMXXF's Debt-to-EBITDA is ranked better than
99.81% of 533 companies
in the Metals & Mining industry
Industry Median: 2 vs JMXXF: 0.01

Jupiter Mines Debt-to-EBITDA Historical Data

The historical data trend for Jupiter Mines'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.

Jupiter Mines Debt-to-EBITDA Chart

Jupiter Mines Annual Data
Trend Aug17 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-EBITDA
Get a 7-Day Free Trial - - - - 0.01

Jupiter Mines Semi-Annual Data
Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - 0.01 0.01

Competitive Comparison of Jupiter Mines's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Jupiter Mines'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.


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

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

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



Jupiter Mines Debt-to-EBITDA Calculation

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

Jupiter Mines's Debt-to-EBITDA for the fiscal year that ended in Feb. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.057 + 0.291) / 61.89
=0.01

Jupiter Mines's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.06 + 0.228) / 20.668
=0.01

* 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 (Aug. 2023) EBITDA data.


Jupiter Mines  (OTCPK:JMXXF) 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.


Jupiter Mines Debt-to-EBITDA Related Terms

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


Jupiter Mines (Jupiter Mines) Business Description

Traded in Other Exchanges
Address
220 St Georges Terrace, Level 8, Perth, WA, AUS, 6000
Jupiter Mines Ltd is a mining explorer and producer focusing on iron ore and manganese exploration and development projects in Western Australia and South Africa. Its core assets are Tshipi Manganese Project and Central Yilgarn Iron Projects.

Jupiter Mines (Jupiter Mines) Headlines

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