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Quartz Mountain Resources (Quartz Mountain Resources) Debt-to-EBITDA : -0.01 (As of Jan. 2024)


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What is Quartz Mountain Resources Debt-to-EBITDA?

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

Quartz Mountain Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.01 Mil. Quartz Mountain Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.01 Mil. Quartz Mountain Resources's annualized EBITDA for the quarter that ended in Jan. 2024 was $-1.58 Mil. Quartz Mountain Resources's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 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 Quartz Mountain Resources's Debt-to-EBITDA or its related term are showing as below:

QZMRF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.73   Med: -0.5   Max: -0.03
Current: -0.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Quartz Mountain Resources was -0.03. The lowest was -0.73. And the median was -0.50.

QZMRF's Debt-to-EBITDA is ranked worse than
100% of 531 companies
in the Metals & Mining industry
Industry Median: 1.98 vs QZMRF: -0.03

Quartz Mountain Resources Debt-to-EBITDA Historical Data

The historical data trend for Quartz Mountain 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.

Quartz Mountain Resources Debt-to-EBITDA Chart

Quartz Mountain Resources Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.69 - -0.64 -0.04 -0.04

Quartz Mountain Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.04 -0.15 -0.11 -0.06 -0.01

Competitive Comparison of Quartz Mountain Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Quartz Mountain 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.


Quartz Mountain Resources's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Quartz Mountain Resources Debt-to-EBITDA Calculation

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

Quartz Mountain Resources's Debt-to-EBITDA for the fiscal year that ended in Jul. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.008 + 0.017) / -0.677
=-0.04

Quartz Mountain Resources's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.008 + 0.012) / -1.576
=-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 four times the quarterly (Jan. 2024) EBITDA data.


Quartz Mountain Resources  (OTCPK:QZMRF) 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.


Quartz Mountain Resources Debt-to-EBITDA Related Terms

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


Quartz Mountain Resources (Quartz Mountain Resources) Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Quartz Mountain Resources Ltd is in the business of exploring and developing mineral properties in Canada. It is focused on acquiring, exploring, developing, and transacting important scale gold, silver, and copper deposits in British Columbia. The firm focuses on looking for new investments and business opportunities. It has the acquisition, exploration, and evaluation of mineral properties interests segment. The projects that the company holds are Maestro, Angel's Camp Property, and Jake. All the company's assets are located in Canada.

Quartz Mountain Resources (Quartz Mountain Resources) Headlines