GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Colossus Minerals Inc (OTCPK:COLUF) » Definitions » Debt-to-EBITDA

Colossus Minerals (Colossus Minerals) Debt-to-EBITDA : -0.27 (As of Dec. 2013)


View and export this data going back to 2008. Start your Free Trial

What is Colossus Minerals Debt-to-EBITDA?

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

Colossus Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was $2.67 Mil. Colossus Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2013 was $9.81 Mil. Colossus Minerals's annualized EBITDA for the quarter that ended in Dec. 2013 was $-46.84 Mil. Colossus Minerals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2013 was -0.27.

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 Colossus Minerals's Debt-to-EBITDA or its related term are showing as below:

COLUF's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.98
* Ranked among companies with meaningful Debt-to-EBITDA only.

Colossus Minerals Debt-to-EBITDA Historical Data

The historical data trend for Colossus Minerals'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.

Colossus Minerals Debt-to-EBITDA Chart

Colossus Minerals Annual Data
Trend Jul07 Jul08 Jul09 Jul10 Dec11 Dec12 Dec13
Debt-to-EBITDA
Get a 7-Day Free Trial - - -2.49 -2.20 -0.46

Colossus Minerals Quarterly Data
Jan09 Apr09 Jul09 Oct09 Jan10 Apr10 Jul10 Oct10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 -2.50 63.06 -2.51 -2.59 -0.27

Competitive Comparison of Colossus Minerals's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Colossus Minerals'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.


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

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

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



Colossus Minerals Debt-to-EBITDA Calculation

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

Colossus Minerals's Debt-to-EBITDA for the fiscal year that ended in Dec. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.671 + 9.806) / -27.18
=-0.46

Colossus Minerals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.671 + 9.806) / -46.844
=-0.27

* 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 (Dec. 2013) EBITDA data.


Colossus Minerals  (OTCPK:COLUF) 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.


Colossus Minerals Debt-to-EBITDA Related Terms

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


Colossus Minerals (Colossus Minerals) Business Description

Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 5600, Toronto, ON, CAN, M5X 1C9
Colossus Minerals Inc is a Canada-based exploration stage company. Principally, it is engaged in the acquisition, exploration, and development of mineral properties. The company's project includes Serra Pelada which is situated in the mineral prolific Carajas region near the towns of Curionopolis and Parauapebas, Para state, northern Brazil.

Colossus Minerals (Colossus Minerals) Headlines

No Headlines