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Renegade Exploration (ASX:RNX) Debt-to-EBITDA : -0.08 (As of Dec. 2024)


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What is Renegade Exploration Debt-to-EBITDA?

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

Renegade Exploration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.10 Mil. Renegade Exploration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was A$0.00 Mil. Renegade Exploration's annualized EBITDA for the quarter that ended in Dec. 2024 was A$-1.23 Mil. Renegade Exploration's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was -0.08.

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 Renegade Exploration's Debt-to-EBITDA or its related term are showing as below:

ASX:RNX' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.05   Med: 0   Max: 0
Current: -0.05

ASX:RNX's Debt-to-EBITDA is ranked worse than
100% of 529 companies
in the Metals & Mining industry
Industry Median: 1.59 vs ASX:RNX: -0.05

Renegade Exploration Debt-to-EBITDA Historical Data

The historical data trend for Renegade Exploration'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.

Renegade Exploration Debt-to-EBITDA Chart

Renegade Exploration Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
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Renegade Exploration Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 - - - - -0.08

Competitive Comparison of Renegade Exploration's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Renegade Exploration'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.


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

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

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


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Renegade Exploration Debt-to-EBITDA Calculation

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

Renegade Exploration'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) / -1.857
=0.00

Renegade Exploration'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
=(0.1 + 0) / -1.232
=-0.08

* 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.


Renegade Exploration  (ASX:RNX) 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.


Renegade Exploration Debt-to-EBITDA Related Terms

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


Renegade Exploration Business Description

Traded in Other Exchanges
N/A
Address
6 – 10 Duoro Street, Unit 13,, West Perth, WA, AUS, 6005
Renegade Exploration Ltd is a minerals exploration & development company exploring zinc, lead & base metals. Its projects include the Yukon Base Metal Project, McCleery Copper-Cobalt Project, Carpentaria Joint Venture project among others. Its geographical operating segments include Australia and Canada which involves mining exploration for zinc and gold.

Renegade Exploration Headlines

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