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Barton Gold Holdings (ASX:BGD) Debt-to-EBITDA : -0.01 (As of Dec. 2023)


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What is Barton Gold Holdings Debt-to-EBITDA?

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

Barton Gold Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.02 Mil. Barton Gold Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.06 Mil. Barton Gold Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-10.99 Mil. Barton Gold Holdings'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 Barton Gold Holdings's Debt-to-EBITDA or its related term are showing as below:

ASX:BGD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.02   Med: -0.02   Max: -0.01
Current: -0.01

During the past 3 years, the highest Debt-to-EBITDA Ratio of Barton Gold Holdings was -0.01. The lowest was -0.02. And the median was -0.02.

ASX:BGD's Debt-to-EBITDA is ranked worse than
100% of 533 companies
in the Metals & Mining industry
Industry Median: 1.98 vs ASX:BGD: -0.01

Barton Gold Holdings Debt-to-EBITDA Historical Data

The historical data trend for Barton Gold Holdings'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.

Barton Gold Holdings Debt-to-EBITDA Chart

Barton Gold Holdings Annual Data
Trend Jun21 Jun22 Jun23
Debt-to-EBITDA
- - -0.02

Barton Gold Holdings Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial - - -0.02 -0.04 -0.01

Competitive Comparison of Barton Gold Holdings's Debt-to-EBITDA

For the Gold subindustry, Barton Gold Holdings'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.


Barton Gold Holdings's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Barton Gold Holdings Debt-to-EBITDA Calculation

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

Barton Gold Holdings'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
=(0.053 + 0.06) / -4.994
=-0.02

Barton Gold Holdings'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
=(0.022 + 0.06) / -10.988
=-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 two times the quarterly (Dec. 2023) EBITDA data.


Barton Gold Holdings  (ASX:BGD) 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.


Barton Gold Holdings Debt-to-EBITDA Related Terms

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


Barton Gold Holdings (ASX:BGD) Business Description

Traded in Other Exchanges
Address
12 Gilles Street, Level 4, Adelaide, SA, AUS, 5000
Barton Gold Holdings Ltd is a mineral exploration company. Its projects comprise Tarcoola, Tunkillia, and Challenger, among others. The company operates in one operating segment, being exploration in Australia.

Barton Gold Holdings (ASX:BGD) Headlines

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