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Reno Gold (Reno Gold) Debt-to-EBITDA : 0.00 (As of . 20)


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What is Reno Gold Debt-to-EBITDA?

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

Reno Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Reno Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in . 20 was $0.00 Mil. Reno Gold's annualized EBITDA for the quarter that ended in . 20 was $0.00 Mil.

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

RNGG'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.

Reno Gold Debt-to-EBITDA Historical Data

The historical data trend for Reno Gold'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.

Reno Gold Debt-to-EBITDA Chart

Reno Gold Annual Data
Trend
Debt-to-EBITDA

Reno Gold Semi-Annual Data
Debt-to-EBITDA

Competitive Comparison of Reno Gold's Debt-to-EBITDA

For the Gold subindustry, Reno Gold'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.


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

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

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



Reno Gold Debt-to-EBITDA Calculation

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

Reno Gold's Debt-to-EBITDA for the fiscal year that ended in . 20 is calculated as

Reno Gold's annualized Debt-to-EBITDA for the quarter that ended in . 20 is calculated as

* 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 one times the quarterly (. 20) EBITDA data.


Reno Gold  (OTCPK:RNGG) 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.


Reno Gold Debt-to-EBITDA Related Terms

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


Reno Gold (Reno Gold) Business Description

Traded in Other Exchanges
N/A
Address
119 Westcreek Drive - Unit 3, Woodbridge, Vaughan, ON, CAN, L4L9N6
Reno Gold Corp is engaged in precious metals exploration in the area of Nevada, United States.

Reno Gold (Reno Gold) Headlines

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