GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Dinero Ventures Ltd (TSXV:DNO) » Definitions » Debt-to-EBITDA

Dinero Ventures (TSXV:DNO) Debt-to-EBITDA : 0.00 (As of Feb. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Dinero Ventures Debt-to-EBITDA?

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

Dinero Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Dinero Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Dinero Ventures's annualized EBITDA for the quarter that ended in Feb. 2024 was C$-0.10 Mil. Dinero Ventures'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 Dinero Ventures's Debt-to-EBITDA or its related term are showing as below:

TSXV:DNO'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.

Dinero Ventures Debt-to-EBITDA Historical Data

The historical data trend for Dinero Ventures'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.

Dinero Ventures Debt-to-EBITDA Chart

Dinero Ventures Annual Data
Trend Nov21 Nov22 Nov23
Debt-to-EBITDA
N/A - -

Dinero Ventures Quarterly Data
May21 Aug21 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 - - - - -

Competitive Comparison of Dinero Ventures's Debt-to-EBITDA

For the Gold subindustry, Dinero Ventures'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.


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

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

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



Dinero Ventures Debt-to-EBITDA Calculation

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

Dinero Ventures's Debt-to-EBITDA for the fiscal year that ended in Nov. 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) / -0.111
=0.00

Dinero Ventures'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) / -0.104
=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.


Dinero Ventures  (TSXV:DNO) 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.


Dinero Ventures Debt-to-EBITDA Related Terms

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


Dinero Ventures (TSXV:DNO) Business Description

Traded in Other Exchanges
N/A
Address
905 Columbia Street, Box 224, Stewart, BC, CAN, V0T 1W0
Website
Dinero Ventures Ltd is engaged in the business of exploration of mineral properties. The company owns a 100% interest in the Raven Project located in the Lillooet Mining Division of British Columbia, Canada.

Dinero Ventures (TSXV:DNO) Headlines

From GuruFocus

USCF Announces Changes To Product Line

By PRNewswire PRNewswire 08-08-2018