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Breakaway Resources Limited (ASX:BRW) Debt-to-EBITDA : -0.06 (As of Jun. 2013)


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What is Breakaway Resources Limited Debt-to-EBITDA?

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

Breakaway Resources Limited's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was A$0.00 Mil. Breakaway Resources Limited's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2013 was A$0.09 Mil. Breakaway Resources Limited's annualized EBITDA for the quarter that ended in Jun. 2013 was A$-1.51 Mil. Breakaway Resources Limited's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2013 was -0.06.

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

ASX:BRW'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.

Breakaway Resources Limited Debt-to-EBITDA Historical Data

The historical data trend for Breakaway Resources Limited'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.

Breakaway Resources Limited Debt-to-EBITDA Chart

Breakaway Resources Limited Annual Data
Trend Jun04 Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.35 -0.02 -0.07 -0.12 -0.05

Breakaway Resources Limited Semi-Annual Data
Dec03 Jun04 Dec04 Jun05 Dec05 Jun06 Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13
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 -0.06 - -0.15 -0.07 -0.06

Competitive Comparison of Breakaway Resources Limited's Debt-to-EBITDA

For the Gold subindustry, Breakaway Resources Limited'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.


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

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

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



Breakaway Resources Limited Debt-to-EBITDA Calculation

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

Breakaway Resources Limited's Debt-to-EBITDA for the fiscal year that ended in Jun. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.09) / -1.849
=-0.05

Breakaway Resources Limited's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.09) / -1.512
=-0.06

* 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 (Jun. 2013) EBITDA data.


Breakaway Resources Limited  (ASX:BRW) 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.


Breakaway Resources Limited Debt-to-EBITDA Related Terms

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


Breakaway Resources Limited (ASX:BRW) Business Description

Traded in Other Exchanges
N/A
Address
Breakaway Resources Limited (BRW, formerly Amalg Resources NL) is an exploration company, with gold, nickel and base metal projects located in WA and QLD.

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