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Aztec Minerals (TSXV:AZT) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Aztec Minerals Debt-to-EBITDA?

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

Aztec Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Aztec Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Aztec Minerals's annualized EBITDA for the quarter that ended in Mar. 2024 was C$-3.37 Mil. Aztec Minerals's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 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 Aztec Minerals's Debt-to-EBITDA or its related term are showing as below:

TSXV:AZT'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.

Aztec Minerals Debt-to-EBITDA Historical Data

The historical data trend for Aztec Minerals'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.

Aztec Minerals Debt-to-EBITDA Chart

Aztec Minerals Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Aztec Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
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Competitive Comparison of Aztec Minerals's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Aztec Minerals'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.


Aztec Minerals's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Aztec Minerals Debt-to-EBITDA Calculation

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

Aztec Minerals'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) / -1.892
=0.00

Aztec Minerals'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 + 0) / -3.368
=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 four times the quarterly (Mar. 2024) EBITDA data.


Aztec Minerals  (TSXV:AZT) 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.


Aztec Minerals Debt-to-EBITDA Related Terms

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


Aztec Minerals (TSXV:AZT) Business Description

Traded in Other Exchanges
Address
No. 1610 - 777 Dunsmuir Street, Vancouver, BC, CAN, V7Y 1K4
Aztec Minerals Corp is a mineral exploration company focused on the discovery of large mineral deposits. Its core asset is the prospective Cervantes porphyry gold-copper property in Sonora, Mexico and the second project is the district-scale historic Tombstone properties in Arizona. It has one operating segment, Mineral Exploration, with assets located in Canada, Mexico and U.S.A.
Executives
Simon Christopher Dyakowski Director, Senior Officer

Aztec Minerals (TSXV:AZT) Headlines

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