Coolabah Metals (ASX:CBH) Debt-to-EBITDA : 0.00 (As of Dec. 2023)

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What is Coolabah Metals Debt-to-EBITDA?

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

Coolabah Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Coolabah Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Coolabah Metals's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-2.20 Mil. Coolabah Metals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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 Coolabah Metals's Debt-to-EBITDA or its related term are showing as below:

ASX:CBH's Debt-to-EBITDA is not ranked ^*
in the Metals & Mining industry.
Industry Median: 1.79
* Ranked among companies with meaningful Debt-to-EBITDA only.

Coolabah Metals Debt-to-EBITDA Historical Data

The historical data trend for Coolabah Metals'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.

Coolabah Metals Debt-to-EBITDA Chart

Coolabah Metals Annual Data

Trend

Jun22

Debt-to-EBITDA

Coolabah Metals Semi-Annual Data
	Dec21	Dec22	Jun23	Dec23
Debt-to-EBITDA	N/A	-	-	-

Competitive Comparison of Coolabah Metals's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Coolabah Metals'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.

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

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

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

Coolabah Metals Debt-to-EBITDA Calculation

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

Coolabah Metals's Debt-to-EBITDA for the fiscal year that ended in Jun. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0)	/	-0.669
	=	0.00

Coolabah Metals'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	+	0)	/	-2.198
	=	0.00

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.

Coolabah Metals (ASX:CBH) 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.

Coolabah Metals Debt-to-EBITDA Related Terms

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

Coolabah Metals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Coolabah Metals Ltd (ASX:CBH) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

216 St Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000

Website

https://www.coolabahmetals.com.au

Coolabah Metals Ltd is a minerals exploration company formed for the purpose of identifying, acquiring, and developing prospective copper, gold, and base metal assets throughout Australia. The company's project includes the Gunpowder Creek Project (NSW) which comprises four granted exploration licenses, the Nymagee Project (NSW) which comprises three granted exploration licenses, the Coolabah Project (NSW) which comprises four granted exploration licenses, Cannington Project (QLD) is located 130km SSE of Cloncurry comprised of two exploration licenses.