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Lykos Metals (ASX:LYK) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Lykos Metals Debt-to-EBITDA?

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

Lykos Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Lykos Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Lykos Metals's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-1.82 Mil. Lykos 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 Lykos Metals's Debt-to-EBITDA or its related term are showing as below:

ASX:LYK'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.

Lykos Metals Debt-to-EBITDA Historical Data

The historical data trend for Lykos 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.

Lykos Metals Debt-to-EBITDA Chart

Lykos Metals Annual Data
Trend Jun22 Jun23
Debt-to-EBITDA
- -

Lykos Metals Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA - - - - -

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

For the Other Industrial Metals & Mining subindustry, Lykos 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.


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

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

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



Lykos Metals Debt-to-EBITDA Calculation

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

Lykos Metals'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) / -4.745
=0.00

Lykos 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) / -1.822
=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.


Lykos Metals  (ASX:LYK) 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.


Lykos Metals Debt-to-EBITDA Related Terms

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


Lykos Metals (ASX:LYK) Business Description

Traded in Other Exchanges
N/A
Address
152 -158 Saint Georges Terrace, Level 48, Central Park, Perth, WA, AUS, 6000
Lykos Metals Ltd is a mineral exploration company. It has acquired three battery metals projects in Bosnia-Herzegovina. Its projects include Sinjakovo Project; Cajnice Project, Jezero Project and Sockovac Project. The projects have a history of high-grade minerals discovery and extraction and are prospective for nickel, copper, cobalt, precious metals, and potentially also lithium and REE.

Lykos Metals (ASX:LYK) Headlines

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