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Exore Resources (ASX:ERX) Debt-to-EBITDA : 0.00 (As of Dec. 2019)


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What is Exore Resources Debt-to-EBITDA?

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

Exore Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was A$0.00 Mil. Exore Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2019 was A$0.00 Mil. Exore Resources's annualized EBITDA for the quarter that ended in Dec. 2019 was A$-7.53 Mil. Exore Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 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 Exore Resources's Debt-to-EBITDA or its related term are showing as below:

ASX:ERX's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.98
* Ranked among companies with meaningful Debt-to-EBITDA only.

Exore Resources Debt-to-EBITDA Historical Data

The historical data trend for Exore Resources'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.

Exore Resources Debt-to-EBITDA Chart

Exore Resources Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.03 - -

Exore Resources Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19
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 -0.04 - - - -

Competitive Comparison of Exore Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Exore Resources'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.


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

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

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



Exore Resources Debt-to-EBITDA Calculation

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

Exore Resources's Debt-to-EBITDA for the fiscal year that ended in Jun. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -7.836
=0.00

Exore Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2019 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -7.526
=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. 2019) EBITDA data.


Exore Resources  (ASX:ERX) 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.


Exore Resources Debt-to-EBITDA Related Terms

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


Exore Resources (ASX:ERX) Business Description

Traded in Other Exchanges
N/A
Address
18 Kings Park Road, Level 2, West Perth, Perth, WA, AUS, 6005
Exore Resources Ltd is a mineral exploration and project development company. The company explores lithium carbonate/lithium hydroxide supplier to the burgeoning lithium-ion battery production market in Europe.

Exore Resources (ASX:ERX) Headlines