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Unicorn Mineral Resources (LSE:UMR) Debt-to-EBITDA : 0.00 (As of Sep. 2023)


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What is Unicorn Mineral Resources Debt-to-EBITDA?

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

Unicorn Mineral Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.00 Mil. Unicorn Mineral Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was £0.00 Mil. Unicorn Mineral Resources's annualized EBITDA for the quarter that ended in Sep. 2023 was £-0.41 Mil. Unicorn Mineral Resources's annualized Debt-to-EBITDA for the quarter that ended in Sep. 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 Unicorn Mineral Resources's Debt-to-EBITDA or its related term are showing as below:

LSE:UMR'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.

Unicorn Mineral Resources Debt-to-EBITDA Historical Data

The historical data trend for Unicorn Mineral 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.

Unicorn Mineral Resources Debt-to-EBITDA Chart

Unicorn Mineral Resources Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
- - - -

Unicorn Mineral Resources Semi-Annual Data
Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Debt-to-EBITDA Get a 7-Day Free Trial - - - - -

Competitive Comparison of Unicorn Mineral Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Unicorn Mineral 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.


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

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

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



Unicorn Mineral Resources Debt-to-EBITDA Calculation

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

Unicorn Mineral Resources's Debt-to-EBITDA for the fiscal year that ended in Mar. 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) / -0.376
=0.00

Unicorn Mineral Resources'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 + 0) / -0.408
=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 (Sep. 2023) EBITDA data.


Unicorn Mineral Resources  (LSE:UMR) 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.


Unicorn Mineral Resources Debt-to-EBITDA Related Terms

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


Unicorn Mineral Resources (LSE:UMR) Business Description

Traded in Other Exchanges
N/A
Address
20/21 St Patrick’s Road, 39 Castleyard, Dalkey, Dublin, IRL
Unicorn Mineral Resources PLC is a mineral exploration company. The company focuses on Copper, Lead, Zinc, and Silver mineral deposits in the Irish Midlands Orefield. It has interests in areas such as Kilmallock Property and the Lisheen Property.

Unicorn Mineral Resources (LSE:UMR) Headlines

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