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Camrova Resources (Camrova Resources) Debt-to-EBITDA : -1.52 (As of Sep. 2021)


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What is Camrova Resources Debt-to-EBITDA?

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

Camrova Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.33 Mil. Camrova Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2021 was $0.05 Mil. Camrova Resources's annualized EBITDA for the quarter that ended in Sep. 2021 was $-0.25 Mil. Camrova Resources's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2021 was -1.52.

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 Camrova Resources's Debt-to-EBITDA or its related term are showing as below:

BAJFF's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.015
* Ranked among companies with meaningful Debt-to-EBITDA only.

Camrova Resources Debt-to-EBITDA Historical Data

The historical data trend for Camrova 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.

Camrova Resources Debt-to-EBITDA Chart

Camrova Resources Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.21 -0.76

Camrova Resources Quarterly Data
Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
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 -0.96 -0.47 -0.62 -1.15 -1.52

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

For the Other Industrial Metals & Mining subindustry, Camrova 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.


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

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

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



Camrova Resources Debt-to-EBITDA Calculation

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

Camrova Resources's Debt-to-EBITDA for the fiscal year that ended in Dec. 2020 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.239 + 0.031) / -0.355
=-0.76

Camrova Resources's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.329 + 0.048) / -0.248
=-1.52

* 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 four times the quarterly (Sep. 2021) EBITDA data.


Camrova Resources  (OTCPK:BAJFF) 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.


Camrova Resources Debt-to-EBITDA Related Terms

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


Camrova Resources (Camrova Resources) Business Description

Traded in Other Exchanges
N/A
Address
600 - 890 West Pender Street, Vancouver, BC, CAN, V6C 1J9
Camrova Resources Inc is a Canadian mining company. The company is in discussion with various interested parties regarding finalizing its potential smelter slag copper processing project in Chile, utilizing the Las Vacas flotation plant. It has a minority investment in the El Boleo copper-cobaltzinc-manganese deposit located near Santa Rosalia, Baja California Sur, Mexico. Minera y Metalurgica del Boleo, S.A.P.I. de C.V. holds the mineral property rights to the Boleo Mine.

Camrova Resources (Camrova Resources) Headlines

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