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CTGX Mining (CTGX Mining) Debt-to-EBITDA : -0.10 (As of Jan. 2005)


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What is CTGX Mining Debt-to-EBITDA?

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

CTGX Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2005 was $0.41 Mil. CTGX Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2005 was $0.00 Mil. CTGX Mining's annualized EBITDA for the quarter that ended in Jan. 2005 was $-4.08 Mil. CTGX Mining's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2005 was -0.10.

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 CTGX Mining's Debt-to-EBITDA or its related term are showing as below:

CHCX'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.

CTGX Mining Debt-to-EBITDA Historical Data

The historical data trend for CTGX Mining'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.

CTGX Mining Debt-to-EBITDA Chart

CTGX Mining Annual Data
Trend Mar03
Debt-to-EBITDA
-19.03

CTGX Mining Quarterly Data
Jun03 Sep03 Dec03 Mar04 Jul04 Oct04 Jan05
Debt-to-EBITDA Get a 7-Day Free Trial -75.25 -15.17 - -0.02 -0.10

Competitive Comparison of CTGX Mining's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, CTGX Mining'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.


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

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

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



CTGX Mining Debt-to-EBITDA Calculation

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

CTGX Mining's Debt-to-EBITDA for the fiscal year that ended in Mar. 2003 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.816 + 0.364) / -0.062
=-19.03

CTGX Mining's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2005 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.405 + 0) / -4.084
=-0.10

* 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 (Jan. 2005) EBITDA data.


CTGX Mining  (OTCPK:CHCX) 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.


CTGX Mining Debt-to-EBITDA Related Terms

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


CTGX Mining (CTGX Mining) Business Description

Traded in Other Exchanges
N/A
Address
1015 G Waterwood Parkway, Suite O-2, Edmund, OK, USA, 73034
CTGX Mining Inc is an international, environmentally sensitive, minerals and resource development company. It holds mining interests in both Mexico and Columbia focused on a large reserve of rare earth elements, gold, silver lithium and other valuable ores.
Executives
Matthew Cohen director, officer: CEO and Chairman of the Board 1702 COSTA DEL SOL, BOCA RATON FL 33432

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