GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Starcore International Mines Ltd (OTCPK:SHVLF) » Definitions » Debt-to-EBITDA

Starcore International Mines (Starcore International Mines) Debt-to-EBITDA : -0.08 (As of Jan. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Starcore International Mines Debt-to-EBITDA?

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

Starcore International Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2023 was $0.16 Mil. Starcore International Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2023 was $0.16 Mil. Starcore International Mines's annualized EBITDA for the quarter that ended in Jan. 2023 was $-3.82 Mil. Starcore International Mines's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2023 was -0.08.

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 Starcore International Mines's Debt-to-EBITDA or its related term are showing as below:

SHVLF'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.

Starcore International Mines Debt-to-EBITDA Historical Data

The historical data trend for Starcore International Mines'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.

Starcore International Mines Debt-to-EBITDA Chart

Starcore International Mines Annual Data
Trend Jul12 Jul13 Jul14 Jul15 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.89 2.54 0.16 0.14

Starcore International Mines Quarterly Data
Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23
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 0.44 0.07 0.33 -0.47 -0.08

Competitive Comparison of Starcore International Mines's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Starcore International Mines'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.


Starcore International Mines's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Starcore International Mines's Debt-to-EBITDA falls into.



Starcore International Mines Debt-to-EBITDA Calculation

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

Starcore International Mines's Debt-to-EBITDA for the fiscal year that ended in Apr. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.504 + 0.207) / 5.013
=0.14

Starcore International Mines's annualized Debt-to-EBITDA for the quarter 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
=(0.155 + 0.164) / -3.816
=-0.08

* 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. 2023) EBITDA data.


Starcore International Mines  (OTCPK:SHVLF) 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.


Starcore International Mines Debt-to-EBITDA Related Terms

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


Starcore International Mines (Starcore International Mines) Business Description

Traded in Other Exchanges
Address
580 Hornby Street, Suite 750 Box 113, Vancouver, BC, CAN, V6C 3B6
Starcore International Mines Ltd is in the business of exploration, development, and production of minerals. It has got products in various stages The San Martin being the primary source of operating cash flows. In Mexico, the business holds an interest in the silver and gold processing plant. Some of its projects include San Martin, El Creston, and Toiyabe among others. The majority of the organization's revenue comes from Bernal, Mexico.

Starcore International Mines (Starcore International Mines) Headlines