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Black Canyon (ASX:BCA) Debt-to-EBITDA : 0.00 (As of Dec. 2024)


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What is Black Canyon Debt-to-EBITDA?

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

Black Canyon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Black Canyon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Black Canyon's annualized EBITDA for the quarter that ended in Dec. 2024 was A$-0.75 Mil. Black Canyon's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 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 Black Canyon's Debt-to-EBITDA or its related term are showing as below:

ASX:BCA's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.565
* Ranked among companies with meaningful Debt-to-EBITDA only.

Black Canyon Debt-to-EBITDA Historical Data

The historical data trend for Black Canyon'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.

Black Canyon Debt-to-EBITDA Chart

Black Canyon Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
- - - -

Black Canyon Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Black Canyon's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Black Canyon'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.


Black Canyon's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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


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Black Canyon Debt-to-EBITDA Calculation

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

Black Canyon's Debt-to-EBITDA for the fiscal year 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 + 0) / -2.507
=0.00

Black Canyon's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.746
=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 two times the quarterly (Dec. 2024) EBITDA data.


Black Canyon  (ASX:BCA) 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.


Black Canyon Debt-to-EBITDA Related Terms

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


Black Canyon Business Description

Traded in Other Exchanges
N/A
Address
283 Rokeby Road, Subiaco, Perth, WA, AUS, 6008
Black Canyon Ltd is engaged in exploring and developing mineral deposits in Australia and overseas, with a focus on base metals. Its Carawine Project contains exploration tenements prospective for manganese and copper. It is also engaged in the Braeside, Oakover East, and Oakover West Projects, all part of the Carawine JV. The Braeside tenement contains high-grade hydrothermal manganese mineralisation at Woodie Woodie. Geographically, the company operates within Australia.

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