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Power Group Projects (TSXV:PGP) Debt-to-EBITDA : 0.00 (As of Oct. 2023)


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What is Power Group Projects Debt-to-EBITDA?

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

Power Group Projects's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.00 Mil. Power Group Projects's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.00 Mil. Power Group Projects's annualized EBITDA for the quarter that ended in Oct. 2023 was C$-0.09 Mil. Power Group Projects's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 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 Power Group Projects's Debt-to-EBITDA or its related term are showing as below:

TSXV:PGP'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.

Power Group Projects Debt-to-EBITDA Historical Data

The historical data trend for Power Group Projects'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.

Power Group Projects Debt-to-EBITDA Chart

Power Group Projects Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Debt-to-EBITDA
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Power Group Projects Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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Competitive Comparison of Power Group Projects's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Power Group Projects'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.


Power Group Projects's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Power Group Projects's Debt-to-EBITDA falls into.



Power Group Projects Debt-to-EBITDA Calculation

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

Power Group Projects's Debt-to-EBITDA for the fiscal year that ended in Jan. 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) / -1.589
=0.00

Power Group Projects's annualized Debt-to-EBITDA for the quarter that ended in Oct. 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) / -0.088
=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 (Oct. 2023) EBITDA data.


Power Group Projects  (TSXV:PGP) 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.


Power Group Projects Debt-to-EBITDA Related Terms

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


Power Group Projects (TSXV:PGP) Business Description

Traded in Other Exchanges
Address
999 West Hastings Street, Suite 520, Vancouver, BC, CAN, V6C 2W2
Power Group Projects Corp is a Canadian company which is engaged in the acquisition and exploration of resource properties. The company owns an interest in Smith Cobalt Project, Canadian Cobalt Project, Ontario Cobalt Project and Little Trout Cobalt Project among others.

Power Group Projects (TSXV:PGP) Headlines

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