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Cornerstone Capital Resources (Cornerstone Capital Resources) Debt-to-EBITDA : 0.00 (As of Sep. 2022)


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What is Cornerstone Capital Resources Debt-to-EBITDA?

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

Cornerstone Capital Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Cornerstone Capital Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2022 was $0.00 Mil. Cornerstone Capital Resources's annualized EBITDA for the quarter that ended in Sep. 2022 was $-8.26 Mil. Cornerstone Capital Resources's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 was 0.00.

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

CTNXF'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.

Cornerstone Capital Resources Debt-to-EBITDA Historical Data

The historical data trend for Cornerstone Capital 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.

Cornerstone Capital Resources Debt-to-EBITDA Chart

Cornerstone Capital Resources Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Debt-to-EBITDA
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Cornerstone Capital Resources Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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Competitive Comparison of Cornerstone Capital Resources's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Cornerstone Capital 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.


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

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

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



Cornerstone Capital Resources Debt-to-EBITDA Calculation

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

Cornerstone Capital Resources's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -5.232
=0.00

Cornerstone Capital Resources's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2022 is calculated as

* 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. 2022) EBITDA data.


Cornerstone Capital Resources  (OTCPK:CTNXF) 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.


Cornerstone Capital Resources Debt-to-EBITDA Related Terms

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


Cornerstone Capital Resources (Cornerstone Capital Resources) Business Description

Traded in Other Exchanges
N/A
Address
1730 St. Laurent Boulevard, Suite 800, Ottawa, ON, CAN, K1G 3Y7
Cornerstone Capital Resources Inc is a mineral mining company. Through its subsidiaries, it is engaged in the evaluation, acquisition, and exploration of gold, silver and copper projects in Ecuador and Chile. The group is organized into business units based on mineral properties and has one business segment.

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