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Evergreen Lithium (ASX:EG1) Debt-to-EBITDA : 0.00 (As of Dec. 2024)


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What is Evergreen Lithium Debt-to-EBITDA?

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

Evergreen Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Evergreen Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Evergreen Lithium's annualized EBITDA for the quarter that ended in Dec. 2024 was A$-2.31 Mil. Evergreen Lithium'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 Evergreen Lithium's Debt-to-EBITDA or its related term are showing as below:

ASX:EG1's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.59
* Ranked among companies with meaningful Debt-to-EBITDA only.

Evergreen Lithium Debt-to-EBITDA Historical Data

The historical data trend for Evergreen Lithium'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.

Evergreen Lithium Debt-to-EBITDA Chart

Evergreen Lithium Annual Data
Trend Jun20 Jun21 Jun23 Jun24
Debt-to-EBITDA
- -0.03 - -

Evergreen Lithium Semi-Annual Data
Jun20 Jun21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Debt-to-EBITDA Get a 7-Day Free Trial - - - - -

Competitive Comparison of Evergreen Lithium's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Evergreen Lithium'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.


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

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

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


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Evergreen Lithium Debt-to-EBITDA Calculation

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

Evergreen Lithium'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) / -5.396
=0.00

Evergreen Lithium'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) / -2.312
=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.


Evergreen Lithium  (ASX:EG1) 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.


Evergreen Lithium Debt-to-EBITDA Related Terms

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


Evergreen Lithium Business Description

Traded in Other Exchanges
N/A
Address
9-11 Claremont Street, Suite 205, South Yarra, VIC, AUS, 3141
Evergreen Lithium Ltd is a hard rock lithium explorer company. Company project includes Bynoe Lithium Project located in the Northern Territory, Fortune Lithium Project, located in the Northern Territory and Kenny Lithium Project, located in Western Australia. The company has single operating segment, being the exploration for, and development of, mineral deposits in the Northern Territory and Western Australia.

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