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Lahontan Gold (TSXV:LG) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Lahontan Gold Debt-to-EBITDA?

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

Lahontan Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Lahontan Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Lahontan Gold's annualized EBITDA for the quarter that ended in Mar. 2024 was C$-1.10 Mil. Lahontan Gold'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 Lahontan Gold's Debt-to-EBITDA or its related term are showing as below:

TSXV:LG'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.

Lahontan Gold Debt-to-EBITDA Historical Data

The historical data trend for Lahontan 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.

Lahontan Gold Debt-to-EBITDA Chart

Lahontan Gold Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
N/A - - -

Lahontan Gold Quarterly Data
Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

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

For the Other Precious Metals & Mining subindustry, Lahontan 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.


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

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

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



Lahontan Gold Debt-to-EBITDA Calculation

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

Lahontan Gold'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) / -2.175
=0.00

Lahontan Gold'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) / -1.104
=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 (Mar. 2024) EBITDA data.


Lahontan Gold  (TSXV:LG) 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.


Lahontan Gold Debt-to-EBITDA Related Terms

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


Lahontan Gold (TSXV:LG) Business Description

Traded in Other Exchanges
Address
890 West Pender Street, Suite 600, Toronto, ON, CAN, V6C 1J9
Lahontan Gold Corp is engaged in the exploration of gold and silver. The Company is an exploration stage junior mining company engaged in the identification, acquisition, evaluation and exploration of mineral properties in Nevada, USA. The projects of the company include Santa Fe, Moho, and Redlich located in Nevada.

Lahontan Gold (TSXV:LG) Headlines

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