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CleanTech Lithium (LSE:CTL) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is CleanTech Lithium Debt-to-EBITDA?

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

CleanTech Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. CleanTech Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £0.00 Mil. CleanTech Lithium's annualized EBITDA for the quarter that ended in Dec. 2023 was £-5.24 Mil. CleanTech Lithium's annualized Debt-to-EBITDA for the quarter that ended in Dec. 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 CleanTech Lithium's Debt-to-EBITDA or its related term are showing as below:

LSE:CTL'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.

CleanTech Lithium Debt-to-EBITDA Historical Data

The historical data trend for CleanTech Lithium'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.

CleanTech Lithium Debt-to-EBITDA Chart

CleanTech Lithium Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-0.39 - - -

CleanTech Lithium Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial - - - - -

Competitive Comparison of CleanTech Lithium's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, CleanTech Lithium'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.


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

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

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



CleanTech Lithium Debt-to-EBITDA Calculation

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

CleanTech Lithium's Debt-to-EBITDA for the fiscal year that ended in Dec. 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) / -5.886
=0.00

CleanTech Lithium's annualized Debt-to-EBITDA for the quarter that ended in Dec. 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) / -5.244
=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. 2023) EBITDA data.


CleanTech Lithium  (LSE:CTL) 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.


CleanTech Lithium Debt-to-EBITDA Related Terms

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


CleanTech Lithium (LSE:CTL) Business Description

Traded in Other Exchanges
Address
7 Castle Street, De Carteret House, Saint Helier, JEY, JE2 3BT
CleanTech Lithium PLC is focused on lithium exploration and development and has been progressing with two lithium projects in Chile, the Laguna Verde project and the Francisco Basin project. The Group holds mining exploration and mining exploitation licenses over the Projects which are prospective for lithium resources based on the lithium-enriched brine in the surface and sub-surface of the basins.

CleanTech Lithium (LSE:CTL) Headlines

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