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Seasif Exploration (TSXV:SAF) Debt-to-EBITDA : -0.18 (As of Jun. 2024)


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What is Seasif Exploration Debt-to-EBITDA?

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

Seasif Exploration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.07 Mil. Seasif Exploration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was C$0.00 Mil. Seasif Exploration's annualized EBITDA for the quarter that ended in Jun. 2024 was C$-0.38 Mil. Seasif Exploration's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 was -0.18.

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 Seasif Exploration's Debt-to-EBITDA or its related term are showing as below:

TSXV:SAF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.13   Med: 0   Max: 0
Current: -0.13

TSXV:SAF's Debt-to-EBITDA is ranked worse than
100% of 522 companies
in the Metals & Mining industry
Industry Median: 1.715 vs TSXV:SAF: -0.13

Seasif Exploration Debt-to-EBITDA Historical Data

The historical data trend for Seasif Exploration'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.

Seasif Exploration Debt-to-EBITDA Chart

Seasif Exploration Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Seasif Exploration Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -0.18

Competitive Comparison of Seasif Exploration's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Seasif Exploration'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.


Seasif Exploration's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Seasif Exploration Debt-to-EBITDA Calculation

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

Seasif Exploration'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) / -0.675
=0.00

Seasif Exploration's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.07 + 0) / -0.384
=-0.18

* 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 (Jun. 2024) EBITDA data.


Seasif Exploration  (TSXV:SAF) 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.


Seasif Exploration Debt-to-EBITDA Related Terms

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


Seasif Exploration Business Description

Traded in Other Exchanges
Address
666 Burrard Street, Suite 1700, Park Place, Vancouver, BC, CAN, V6C 2X8
Seasif Exploration Inc is focused on the acquisition and development of scalable precious metals projects in premier mining jurisdictions, it also holds an interest in the Meadowbank project located in Nunavut, Canada.
Executives
Fabio Capponi 10% Security Holder, Director
Miguel Angel De La Campa Director
Serafino Iacono 10% Security Holder, Director

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