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BHK Mining (TSXV:BHK.H) Debt-to-EBITDA : -0.28 (As of Mar. 2017)


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What is BHK Mining Debt-to-EBITDA?

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

BHK Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was C$0.13 Mil. BHK Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2017 was C$0.00 Mil. BHK Mining's annualized EBITDA for the quarter that ended in Mar. 2017 was C$-0.48 Mil. BHK Mining's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2017 was -0.28.

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 BHK Mining's Debt-to-EBITDA or its related term are showing as below:

TSXV:BHK.H's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

BHK Mining Debt-to-EBITDA Historical Data

The historical data trend for BHK Mining'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.

BHK Mining Debt-to-EBITDA Chart

BHK Mining Annual Data
Trend Dec13 Dec14 Dec15 Dec16
Debt-to-EBITDA
- - - -0.05

BHK Mining Quarterly Data
Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17
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 - - - -0.36 -0.28

Competitive Comparison of BHK Mining's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, BHK Mining'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.


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

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

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



BHK Mining Debt-to-EBITDA Calculation

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

BHK Mining's Debt-to-EBITDA for the fiscal year that ended in Dec. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.033 + 0) / -0.717
=-0.05

BHK Mining's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2017 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.133 + 0) / -0.48
=-0.28

* 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. 2017) EBITDA data.


BHK Mining  (TSXV:BHK.H) 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.


BHK Mining Debt-to-EBITDA Related Terms

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


BHK Mining (TSXV:BHK.H) Business Description

Traded in Other Exchanges
N/A
Address
1030 West Georgia Street, Suite 717, Vancouver, BC, CAN, V6E 2Y3
BHK Mining Corp is a mineral exploration company. It is engaged in the exploration and development of the Ndjole Project and exploration projects in Gabon. The company primarily explores for manganese and gold deposits.

BHK Mining (TSXV:BHK.H) Headlines

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