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Big Ridge Gold (Big Ridge Gold) Debt-to-EBITDA : -0.01 (As of Dec. 2023)


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What is Big Ridge Gold Debt-to-EBITDA?

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

Big Ridge Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.01 Mil. Big Ridge Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.03 Mil. Big Ridge Gold's annualized EBITDA for the quarter that ended in Dec. 2023 was $-3.99 Mil. Big Ridge Gold's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.01.

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 Big Ridge Gold's Debt-to-EBITDA or its related term are showing as below:

ALVLF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.01   Med: -0.01   Max: -0.01
Current: -0.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Big Ridge Gold was -0.01. The lowest was -0.01. And the median was -0.01.

ALVLF's Debt-to-EBITDA is ranked worse than
100% of 538 companies
in the Metals & Mining industry
Industry Median: 2.015 vs ALVLF: -0.01

Big Ridge Gold Debt-to-EBITDA Historical Data

The historical data trend for Big Ridge 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.

Big Ridge Gold Debt-to-EBITDA Chart

Big Ridge Gold Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
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Big Ridge Gold 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 - - - -0.01 -0.01

Competitive Comparison of Big Ridge Gold's Debt-to-EBITDA

For the Gold subindustry, Big Ridge 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.


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

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

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



Big Ridge Gold Debt-to-EBITDA Calculation

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

Big Ridge Gold's Debt-to-EBITDA for the fiscal year that ended in Jun. 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) / -2.576
=0.00

Big Ridge Gold'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
=(0.007 + 0.027) / -3.988
=-0.01

* 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.


Big Ridge Gold  (OTCPK:ALVLF) 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.


Big Ridge Gold Debt-to-EBITDA Related Terms

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


Big Ridge Gold (Big Ridge Gold) Business Description

Traded in Other Exchanges
Address
18 King Street East, Suite 1400, Toronto, ON, CAN, M5C 1C4
Big Ridge Gold Corp is an exploration and development company with a portfolio of 100% owned Canadian gold properties. The company is focused on the Oxford Gold Project located in Manitoba, it is active in the prolific Abitibi greenstone belt in Quebec on the Destiny gold property and is exploring the Beardmore-Geraldton gold belt in Ontario.

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