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Redstone Resources (ASX:RDS) Debt-to-EBITDA : 0.00 (As of Dec. 2024)


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What is Redstone Resources Debt-to-EBITDA?

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

Redstone Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Redstone Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Redstone Resources's annualized EBITDA for the quarter that ended in Dec. 2024 was A$-0.51 Mil. Redstone Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 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 Redstone Resources's Debt-to-EBITDA or its related term are showing as below:

ASX:RDS's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.6
* Ranked among companies with meaningful Debt-to-EBITDA only.

Redstone Resources Debt-to-EBITDA Historical Data

The historical data trend for Redstone 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.

Redstone Resources Debt-to-EBITDA Chart

Redstone Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
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Redstone Resources Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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Competitive Comparison of Redstone Resources's Debt-to-EBITDA

For the Copper subindustry, Redstone 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.


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

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

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


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Redstone Resources Debt-to-EBITDA Calculation

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

Redstone Resources's Debt-to-EBITDA for the fiscal year 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) / -1.157
=0.00

Redstone Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 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) / -0.506
=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. 2024) EBITDA data.


Redstone Resources  (ASX:RDS) 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.


Redstone Resources Debt-to-EBITDA Related Terms

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


Redstone Resources Business Description

Traded in Other Exchanges
N/A
Address
50 Kings Park Road, Level 1, West Perth, Perth, WA, AUS, 6005
Redstone Resources Ltd operates as a mineral exploration company in Australia and South Canada. The company explores copper, nickel, and gold. It focuses on the Tollu project located in the southeast portion of the West Musgrave region of Western Australia. It has two operating segments being the distinct geographical location of its Areas of Interest in Australia and Canada.

Redstone Resources Headlines

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