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Electrum Discovery (Electrum Discovery) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Electrum Discovery Debt-to-EBITDA?

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

Electrum Discovery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Electrum Discovery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Electrum Discovery's annualized EBITDA for the quarter that ended in Mar. 2024 was $-1.20 Mil. Electrum Discovery's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 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 Electrum Discovery's Debt-to-EBITDA or its related term are showing as below:

ELDCF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.32   Med: -0.32   Max: -0.28
Current: -0.28

During the past 2 years, the highest Debt-to-EBITDA Ratio of Electrum Discovery was -0.28. The lowest was -0.32. And the median was -0.32.

ELDCF's Debt-to-EBITDA is ranked worse than
100% of 533 companies
in the Metals & Mining industry
Industry Median: 2.04 vs ELDCF: -0.28

Electrum Discovery Debt-to-EBITDA Historical Data

The historical data trend for Electrum Discovery'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.

Electrum Discovery Debt-to-EBITDA Chart

Electrum Discovery Annual Data
Trend Dec22 Dec23
Debt-to-EBITDA
- -0.32

Electrum Discovery Quarterly Data
Dec22 Mar23 Dec23 Mar24
Debt-to-EBITDA N/A - N/A -

Competitive Comparison of Electrum Discovery's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Electrum Discovery'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.


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

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

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



Electrum Discovery Debt-to-EBITDA Calculation

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

Electrum Discovery's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.085) / -0.262
=-0.32

Electrum Discovery's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -1.204
=0.00

* 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 (Mar. 2024) EBITDA data.


Electrum Discovery  (GREY:ELDCF) 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.


Electrum Discovery Debt-to-EBITDA Related Terms

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


Electrum Discovery (Electrum Discovery) Business Description

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Electrum Discovery Corp is an Canadian-based mineral exploration and development company focused on the Western Tethyan Belt with activities in the Republic of Serbia. The current focus of the company is its copper-gold Timok East Project.

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