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LCL Resources (ASX:LCL) Debt-to-EBITDA : 0.00 (As of Jun. 2024)


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What is LCL Resources Debt-to-EBITDA?

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

LCL Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.00 Mil. LCL Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2024 was A$0.00 Mil. LCL Resources's annualized EBITDA for the quarter that ended in Jun. 2024 was A$-2.22 Mil. LCL Resources's annualized Debt-to-EBITDA for the quarter that ended in Jun. 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 LCL Resources's Debt-to-EBITDA or its related term are showing as below:

ASX:LCL's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.705
* Ranked among companies with meaningful Debt-to-EBITDA only.

LCL Resources Debt-to-EBITDA Historical Data

The historical data trend for LCL 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.

LCL Resources Debt-to-EBITDA Chart

LCL Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 -0.01 - - -

LCL Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - - - -

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

For the Other Precious Metals & Mining subindustry, LCL 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.


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

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

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



LCL Resources Debt-to-EBITDA Calculation

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

LCL Resources's Debt-to-EBITDA for the fiscal year 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) / -31.24
=0.00

LCL Resources's annualized Debt-to-EBITDA for the quarter 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) / -2.218
=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 (Jun. 2024) EBITDA data.


LCL Resources  (ASX:LCL) 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.


LCL Resources Debt-to-EBITDA Related Terms

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


LCL Resources Business Description

Traded in Other Exchanges
N/A
Address
Level 3, 88 William Street, West Perth, Perth, WA, AUS, 6000
LCL Resources Ltd is an exploration and mining company that explores and develops mineral prospects located in Peru, South America. Its portfolio of exploration projects focuses on copper, molybdenum, gold, and zinc. The company's portfolio of projects includes the Quinchia Gold project in Colombia, the Ono Project (Kusi), the PNG Nickel Project, Mineral Resources and Reserves, and Other PNG Targets. Its geographic areas are Australia, Papua New Guinea, and Colombia. It generates the majority of its revenue from Colombia.

LCL Resources Headlines

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