CCOB (Century Cobalt) Debt-to-EBITDA : -2.96 (As of Aug. 2022)

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What is Century Cobalt Debt-to-EBITDA?

Century Cobalt CCOB Debt-to-EBITDA is -2.96 as of Aug. 2022.

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

Century Cobalt's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2022 was $1.10 Mil. Century Cobalt's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2022 was $0.00 Mil. Century Cobalt's annualized EBITDA for the quarter that ended in Aug. 2022 was $-0.37 Mil. Century Cobalt's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2022 was -2.96.

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 Century Cobalt's Debt-to-EBITDA or its related term are showing as below:

CCOB's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.16
* Ranked among companies with meaningful Debt-to-EBITDA only.

Century Cobalt  (OTCPK:CCOB) 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.


Century Cobalt Debt-to-EBITDA Related Terms


Century Cobalt Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Century Cobalt'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.

Century Cobalt Debt-to-EBITDA Chart

Century Cobalt Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.22 -0.83 -1.17 -1.84 -1.17

Century Cobalt Quarterly Data
Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22
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 -0.99 -0.99 -1.17 3.13 -2.96

CCOB vs LBSR, BOXS, BONZ: Debt-to-EBITDA Comparison

For the Other Industrial Metals & Mining subindustry, Century Cobalt'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.


Century Cobalt Debt-to-EBITDA vs Metals & Mining Industry

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

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



Century Cobalt Debt-to-EBITDA Calculation

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

Century Cobalt's Debt-to-EBITDA for the fiscal year that ended in Nov. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.952 + 0) / -0.815
=-1.17

Century Cobalt's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.101 + 0) / -0.372
=-2.96

* 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 (Aug. 2022) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -2.96 mean?
Century Cobalt (CCOB) has a Debt-to-EBITDA of -2.96 as of Aug. 2022. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Century Cobalt.
Is Century Cobalt's Debt-to-EBITDA too high?
Century Cobalt's current Debt-to-EBITDA is -2.96.
How does Century Cobalt's Debt-to-EBITDA compare to LBSR and BOXS?
Century Cobalt's Debt-to-EBITDA of -2.96 can be compared against companies in the Metals & Mining industry. The industry median Debt-to-EBITDA is 1.16. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Metals & Mining company?
The median Debt-to-EBITDA among Metals & Mining companies is 1.16, based on 599 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Century Cobalt. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.16 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Century Cobalt's current Debt-to-EBITDA is -2.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Century Cobalt stock overvalued right now?
Century Cobalt (CCOB) has a current Debt-to-EBITDA of -2.96. The current Debt-to-EBITDA is -2.96. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Century Cobalt (CCOB), the current Debt-to-EBITDA is -2.96 as of Aug. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Century Cobalt Business Description

Address 10100 Santa Monica Boulevard, Suite 300, Century City, Los Angeles, CA, USA, 90067
Century Cobalt Corp is an exploration stage company engaged in the acquisition, exploration, and development of mineral properties for the purposes of discovering economical cobalt assets.