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Carolina Rush (TSXV:RUSH) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Carolina Rush Debt-to-EBITDA?

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

Carolina Rush's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Carolina Rush's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Carolina Rush's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-2.97 Mil. Carolina Rush's annualized Debt-to-EBITDA for the quarter that ended in Dec. 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 Carolina Rush's Debt-to-EBITDA or its related term are showing as below:

TSXV:RUSH' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.16   Med: -0.07   Max: -0.04
Current: -0.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of Carolina Rush was -0.04. The lowest was -0.16. And the median was -0.07.

TSXV:RUSH's Debt-to-EBITDA is ranked worse than
100% of 531 companies
in the Metals & Mining industry
Industry Median: 1.98 vs TSXV:RUSH: -0.07

Carolina Rush Debt-to-EBITDA Historical Data

The historical data trend for Carolina Rush'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.

Carolina Rush Debt-to-EBITDA Chart

Carolina Rush Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.07 -0.04 - - -

Carolina Rush Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - -0.03 -0.13 - -

Competitive Comparison of Carolina Rush's Debt-to-EBITDA

For the Gold subindustry, Carolina Rush'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.


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

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

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



Carolina Rush Debt-to-EBITDA Calculation

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

Carolina Rush'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) / -1.989
=0.00

Carolina Rush's annualized Debt-to-EBITDA for the quarter 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) / -2.972
=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 (Dec. 2023) EBITDA data.


Carolina Rush  (TSXV:RUSH) 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.


Carolina Rush Debt-to-EBITDA Related Terms

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


Carolina Rush (TSXV:RUSH) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Carolina Rush Corp is exploring the Carolina Terrane in the southeast U.S. Its flagship project is the past-producing Brewer Gold Mine, located in Chesterfield County, South Carolina, 17km along trend from the producing Haile Gold Mine.

Carolina Rush (TSXV:RUSH) Headlines

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