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Lincoln Gold Mining (Lincoln Gold Mining) Debt-to-EBITDA : -0.64 (As of Sep. 2023)


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What is Lincoln Gold Mining Debt-to-EBITDA?

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

Lincoln Gold Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.68 Mil. Lincoln Gold Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.09 Mil. Lincoln Gold Mining's annualized EBITDA for the quarter that ended in Sep. 2023 was $-1.21 Mil. Lincoln Gold Mining's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.64.

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

LNCLF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -17.87   Med: -1.08   Max: 0.32
Current: -0.17

During the past 13 years, the highest Debt-to-EBITDA Ratio of Lincoln Gold Mining was 0.32. The lowest was -17.87. And the median was -1.08.

LNCLF's Debt-to-EBITDA is ranked worse than
100% of 538 companies
in the Metals & Mining industry
Industry Median: 1.98 vs LNCLF: -0.17

Lincoln Gold Mining Debt-to-EBITDA Historical Data

The historical data trend for Lincoln Gold 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.

Lincoln Gold Mining Debt-to-EBITDA Chart

Lincoln Gold Mining 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 -0.68 -2.04 -1.25 -0.71 -1.40

Lincoln Gold Mining Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -0.89 -1.40 -1.66 -0.04 -0.64

Competitive Comparison of Lincoln Gold Mining's Debt-to-EBITDA

For the Gold subindustry, Lincoln Gold 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.


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

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

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



Lincoln Gold Mining Debt-to-EBITDA Calculation

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

Lincoln Gold Mining'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
=(0.844 + 0) / -0.604
=-1.40

Lincoln Gold Mining's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.678 + 0.094) / -1.212
=-0.64

* 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. 2023) EBITDA data.


Lincoln Gold Mining  (OTCPK:LNCLF) 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.


Lincoln Gold Mining Debt-to-EBITDA Related Terms

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


Lincoln Gold Mining (Lincoln Gold Mining) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 400, Vancouver, BC, CAN, V6C 1H2
Lincoln Gold Mining Inc is a precious metal exploration and development company. It holds an interest in several projects which are in various stages of exploration which include the Pine Grove property located in Nevada, USA, and the Shawinigan located in Canada. The company operates through a single segment which is the Acquisition, exploration, and evaluation of mineral properties. The Company operates within two geographic areas - the United States of America and Canada.
Executives
Andrew Milligan director 5811 MARQUERITE ST, VANCOUVER BC A1 9999999999
Paul F Saxton director, 10 percent owner, officer: CEO CFO Pres. Sec. & Treasurer SUITE 350 - 885 DUNSMUIR, VANCOUVER A1 V6C 1N5
Jeffrey Wilson officer: COO and VP, Exploration 325 TAHOE DRIVE, CARSON CITY NV 89703
Andrew Bowering director SUITE 350, 885 DUNSMUIR STREET, VANCOUVER A1 V6C 1N5
James Chapman director 1455 UPLAND TRAIL, PO BOX J18, BOWEN ISLAND BC A1 999999999
Steven Chi director 12970 WEST GINGER CREEK DRIVE, BOISE ID 83713
James Currie director 2077 ESSEX DR, ABBOTSFORD A1 999999999
Alexander Holtermann 10 percent owner KRANICHSTEINER STR 21, 60598 FRANKFURT AM MAIN 2M 60598

Lincoln Gold Mining (Lincoln Gold Mining) Headlines

From GuruFocus

Lincoln Gold Announces Oversubscription of Private Placement

By ACCESSWIRE ACCESSWIRE 05-28-2021

Lincoln Expands the Shawinigan Project in Quebec

By ACCESSWIRE ACCESSWIRE 08-20-2021

Lincoln Signs Letter of Intent Reducing Wheeler Royalty to 2%

By ACCESSWIRE ACCESSWIRE 05-05-2021

Lincoln Gold Closes Oversubscribed Private Placement

By ACCESSWIRE ACCESSWIRE 06-05-2021

Lincoln Gold Update for the Pine Grove Gold Project

By ACCESSWIRE ACCESSWIRE 11-23-2021

Lincoln Announces Passing of Director Shing Lee

By ACCESSWIRE ACCESSWIRE 01-29-2022

Lincoln Expands Property Portfolio

By ACCESSWIRE ACCESSWIRE 04-23-2021