GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Amex Resources Ltd (OTCPK:AMXXF) » Definitions » Debt-to-EBITDA

Amex Resources (Amex Resources) Debt-to-EBITDA : -2.82 (As of Dec. 2016)


View and export this data going back to 2016. Start your Free Trial

What is Amex Resources Debt-to-EBITDA?

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

Amex Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $32.10 Mil. Amex Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2016 was $0.00 Mil. Amex Resources's annualized EBITDA for the quarter that ended in Dec. 2016 was $-11.38 Mil. Amex Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2016 was -2.82.

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 Amex Resources's Debt-to-EBITDA or its related term are showing as below:

AMXXF's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

Amex Resources Debt-to-EBITDA Historical Data

The historical data trend for Amex Resources'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.

Amex Resources Debt-to-EBITDA Chart

Amex Resources Annual Data
Trend Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only - - -1.61 -0.54 -2.21

Amex Resources Semi-Annual Data
Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16
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 -0.92 -1.98 -2.68 -1.79 -2.82

Competitive Comparison of Amex Resources's Debt-to-EBITDA

For the Copper subindustry, Amex Resources'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.


Amex Resources's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Amex Resources Debt-to-EBITDA Calculation

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

Amex Resources's Debt-to-EBITDA for the fiscal year that ended in Jun. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(29.919 + 0) / -13.54
=-2.21

Amex Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2016 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(32.097 + 0) / -11.38
=-2.82

* 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 two times the quarterly (Dec. 2016) EBITDA data.


Amex Resources  (OTCPK:AMXXF) 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.


Amex Resources Debt-to-EBITDA Related Terms

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


Amex Resources (Amex Resources) Business Description

Traded in Other Exchanges
N/A
Address
Amex Resources Ltd is focused on gold and base metals exploration. The company's tenements are located within Western Australia with the majority of the portfolio situated in the Eastern Goldfields. The company has 100% ownership of 8 exploration projects and aims to upgrade its core assets through continual geological reviews.

Amex Resources (Amex Resources) Headlines

No Headlines