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G11 Resources (ASX:G11) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is G11 Resources Debt-to-EBITDA?

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

G11 Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. G11 Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. G11 Resources's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-1.06 Mil. G11 Resources'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 G11 Resources's Debt-to-EBITDA or its related term are showing as below:

ASX:G11's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.965
* Ranked among companies with meaningful Debt-to-EBITDA only.

G11 Resources Debt-to-EBITDA Historical Data

The historical data trend for G11 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.

G11 Resources Debt-to-EBITDA Chart

G11 Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
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G11 Resources Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of G11 Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, G11 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.


G11 Resources's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, G11 Resources's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where G11 Resources's Debt-to-EBITDA falls into.



G11 Resources Debt-to-EBITDA Calculation

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

G11 Resources'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 + 0) / -1.377
=0.00

G11 Resources'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) / -1.058
=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. 2023) EBITDA data.


G11 Resources  (ASX:G11) 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.


G11 Resources Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of G11 Resources's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


G11 Resources (ASX:G11) Business Description

Traded in Other Exchanges
N/A
Address
459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000
G11 Resources Ltd is engaged in the exploration of minerals. The firm's projects are Sturgeon Lake Zinc-Copper Project, Monte Azul Project and Koonenberry Project. Geographically, the company operates in Australia, Brazil, and Canada.

G11 Resources (ASX:G11) Headlines

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