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Taura Gold (TSXV:TORA) Debt-to-EBITDA : 0.00 (As of Jan. 2024)


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What is Taura Gold Debt-to-EBITDA?

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

Taura Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Taura Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Taura Gold's annualized EBITDA for the quarter that ended in Jan. 2024 was C$-0.56 Mil. Taura Gold's annualized Debt-to-EBITDA for the quarter that ended in Jan. 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 Taura Gold's Debt-to-EBITDA or its related term are showing as below:

TSXV:TORA'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.

Taura Gold Debt-to-EBITDA Historical Data

The historical data trend for Taura 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.

Taura Gold Debt-to-EBITDA Chart

Taura Gold Annual Data
Trend Oct20 Oct21 Oct22 Oct23
Debt-to-EBITDA
-0.02 - - -

Taura Gold Quarterly Data
Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 - - - - -

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

For the Gold subindustry, Taura 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.


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

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

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



Taura Gold Debt-to-EBITDA Calculation

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

Taura Gold's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Taura Gold's annualized Debt-to-EBITDA for the quarter that ended in Jan. 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) / -0.556
=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 (Jan. 2024) EBITDA data.


Taura Gold  (TSXV:TORA) 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.


Taura Gold Debt-to-EBITDA Related Terms

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


Taura Gold (TSXV:TORA) Business Description

Traded in Other Exchanges
N/A
Address
200 Burrard Street, Suite 1680, Vancouver, BC, CAN, V6C 3L6
Taura Gold Inc is engaged in the exploration and development of mineral properties. The company operates through a single project including the Shabu River Project.

Taura Gold (TSXV:TORA) Headlines

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