GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » BMEX Gold Inc (TSXV:BMEX) » Definitions » Debt-to-EBITDA

BMEX Gold (TSXV:BMEX) Debt-to-EBITDA : 0.00 (As of Feb. 2024)


View and export this data going back to 2018. Start your Free Trial

What is BMEX Gold Debt-to-EBITDA?

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

BMEX Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. BMEX Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. BMEX Gold's annualized EBITDA for the quarter that ended in Feb. 2024 was C$-0.37 Mil. BMEX Gold's annualized Debt-to-EBITDA for the quarter that ended in Feb. 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 BMEX Gold's Debt-to-EBITDA or its related term are showing as below:

TSXV:BMEX'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.

BMEX Gold Debt-to-EBITDA Historical Data

The historical data trend for BMEX 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.

BMEX Gold Debt-to-EBITDA Chart

BMEX Gold Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-EBITDA
Get a 7-Day Free Trial - - - - -

BMEX Gold Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - -

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

For the Gold subindustry, BMEX 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.


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

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

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



BMEX Gold Debt-to-EBITDA Calculation

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

BMEX Gold's Debt-to-EBITDA for the fiscal year that ended in Aug. 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) / -0.547
=0.00

BMEX Gold's annualized Debt-to-EBITDA for the quarter that ended in Feb. 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) / -0.372
=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 (Feb. 2024) EBITDA data.


BMEX Gold  (TSXV:BMEX) 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.


BMEX Gold Debt-to-EBITDA Related Terms

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


BMEX Gold (TSXV:BMEX) Business Description

Traded in Other Exchanges
Address
1177 W Hastings Street, Suite 2700, Vancouver, BC, CAN, V6E 2K3
BMEX Gold Inc is a junior Canadian mining exploration company with the objective to acquire, explore, and develop viable gold and base metal projects in the mining-friendly jurisdictions of Quebec, Canada. It is fully focused on earning interest in its two projects, both located in the prolific Abitibi greenstone belt namely King Tut Gold Property, and Dunlop Bay Gold Property. It is engaged in the exploration and evaluation of mineral properties in Canada.
Executives
Robert Marc Bustin Director

BMEX Gold (TSXV:BMEX) Headlines

No Headlines