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


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What is Platina Resources Debt-to-EBITDA?

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

Platina Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Platina Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. Platina Resources's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-4.53 Mil. Platina 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 Platina Resources's Debt-to-EBITDA or its related term are showing as below:

ASX:PGM's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

Platina Resources Debt-to-EBITDA Historical Data

The historical data trend for Platina 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.

Platina Resources Debt-to-EBITDA Chart

Platina Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
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Platina 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 Platina Resources's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Platina 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.


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

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

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



Platina Resources Debt-to-EBITDA Calculation

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

Platina 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) / -3.391
=0.00

Platina Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

* 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.


Platina Resources  (ASX:PGM) 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.


Platina Resources Debt-to-EBITDA Related Terms

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


Platina Resources (ASX:PGM) Business Description

Traded in Other Exchanges
Address
c/- Corporate Consultants Pty Ltd, 389 Oxford Street, Level 2, Suite 9, Mount Hawthorn, Perth, WA, AUS, 6016
Platina Resources Ltd is a company engaged in acquiring, exploring and developing mineral interests, prospective for precious metals and other mineral deposits. The company focuses on platinum group metals, zinc and gold and base metals. It holds an interest in Blue Moon, Owendale, Munni Munni, Skaergaard and Qialivarteerpik Projects.Geographically it operates in Greenland, Australia and North America and derives key revenue from Greenland.

Platina Resources (ASX:PGM) Headlines