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Atha Energy (Atha Energy) Debt-to-EBITDA : -0.02 (As of Mar. 2024)


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What is Atha Energy Debt-to-EBITDA?

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

Atha Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.08 Mil. Atha Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.18 Mil. Atha Energy's annualized EBITDA for the quarter that ended in Mar. 2024 was $-13.83 Mil. Atha Energy's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.02.

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 Atha Energy's Debt-to-EBITDA or its related term are showing as below:

SASKF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.02   Med: 0   Max: 0
Current: -0.02

SASKF's Debt-to-EBITDA is ranked worse than
100% of 106 companies
in the Other Energy Sources industry
Industry Median: 1.36 vs SASKF: -0.02

Atha Energy Debt-to-EBITDA Historical Data

The historical data trend for Atha Energy'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.

Atha Energy Debt-to-EBITDA Chart

Atha Energy Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
- - -

Atha Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -0.02

Competitive Comparison of Atha Energy's Debt-to-EBITDA

For the Uranium subindustry, Atha Energy'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.


Atha Energy's Debt-to-EBITDA Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Atha Energy's Debt-to-EBITDA distribution charts can be found below:

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



Atha Energy Debt-to-EBITDA Calculation

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

Atha Energy'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) / -11.257
=0.00

Atha Energy's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.083 + 0.178) / -13.832
=-0.02

* 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 (Mar. 2024) EBITDA data.


Atha Energy  (OTCPK:SASKF) 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.


Atha Energy Debt-to-EBITDA Related Terms

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


Atha Energy (Atha Energy) Business Description

Traded in Other Exchanges
Address
1250 - 1066 Hastings St. W, Vancouver, BC, CAN, V6E 3X1
Atha Energy Corp. is a mineral exploration company focused on the acquisition, exploration, and development of mineral resource properties. The company has the option to acquire a 100% interest and title to the Golden Rose property located in Northeastern Ontario and has signed an agreement to acquire significant acreage in Saskatchewan and Alberta.

Atha Energy (Atha Energy) Headlines

From GuruFocus

Atha Energy Announces Closing of 92 Energy Scheme

By GlobeNewswire 04-11-2024