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Lode-Star Mining (Lode-Star Mining) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Lode-Star Mining Debt-to-EBITDA?

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

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

LSMG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.19   Med: -0.15   Max: -0.02
Current: -1.07

During the past 13 years, the highest Debt-to-EBITDA Ratio of Lode-Star Mining was -0.02. The lowest was -3.19. And the median was -0.15.

LSMG's Debt-to-EBITDA is ranked worse than
100% of 127 companies
in the Diversified Financial Services industry
Industry Median: 4.22 vs LSMG: -1.07

Lode-Star Mining Debt-to-EBITDA Historical Data

The historical data trend for Lode-Star Mining'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.

Lode-Star Mining Debt-to-EBITDA Chart

Lode-Star Mining 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 -0.03 -3.19 -0.02 - -

Lode-Star Mining 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 - -1.75 -0.58 -1.83 -

Competitive Comparison of Lode-Star Mining's Debt-to-EBITDA

For the Shell Companies subindustry, Lode-Star Mining'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.


Lode-Star Mining's Debt-to-EBITDA Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Lode-Star Mining's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Lode-Star Mining's Debt-to-EBITDA falls into.



Lode-Star Mining Debt-to-EBITDA Calculation

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

Lode-Star Mining'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) / -0.063
=0.00

Lode-Star Mining'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) / -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 (Dec. 2023) EBITDA data.


Lode-Star Mining  (OTCPK:LSMG) 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.


Lode-Star Mining Debt-to-EBITDA Related Terms

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


Lode-Star Mining (Lode-Star Mining) Business Description

Traded in Other Exchanges
N/A
Address
1 East Liberty Street, Suite 600, Reno, NV, USA, 89501
Lode-Star Mining Inc is a United States-based company was originally formed to acquire exploration stage natural resource properties.
Executives
Sapir Pharmaceuticals Inc. other: Acquisition 9 SHENANDOAH DRIVE, LAKEWOOD NJ 08701
Thomas Temkin director, officer: Chief Operating Officer 3487 TILLAMOOK CT, RENO NV 89509
Mark Walmesley director, officer: CFO and Treasurer 906 - 150 24TH STREET, WEST VANCOUVER A1 V7V 4G8
Lonnie Kwa-humphries 10 percent owner 17213 BENDING OAK CT., CYPRESS TX 77429
Robert M Baker director, 10 percent owner, officer: PRES/CEO/CFO/Secretary 600-666 BURRARD STREET, VANCOUVER A1 V6C3P6
West Peak Ventures Of Canada Ltd 10 percent owner 885 PYRFORD ROAD, WEST VANCOUVER A1 V7S A2A