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1844 Resources (FRA:2GSB) Debt-to-EBITDA : 0.00 (As of Jan. 2024)


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What is 1844 Resources Debt-to-EBITDA?

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

1844 Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was €0.00 Mil. 1844 Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was €0.00 Mil. 1844 Resources's annualized EBITDA for the quarter that ended in Jan. 2024 was €-0.41 Mil. 1844 Resources's annualized Debt-to-EBITDA for the quarter that ended in Jan. 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 1844 Resources's Debt-to-EBITDA or its related term are showing as below:

FRA:2GSB'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.

1844 Resources Debt-to-EBITDA Historical Data

The historical data trend for 1844 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.

1844 Resources Debt-to-EBITDA Chart

1844 Resources Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Debt-to-EBITDA
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1844 Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of 1844 Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, 1844 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.


1844 Resources's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, 1844 Resources's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where 1844 Resources's Debt-to-EBITDA falls into.



1844 Resources Debt-to-EBITDA Calculation

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

1844 Resources's Debt-to-EBITDA for the fiscal year that ended in Apr. 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) / -0.469
=0.00

1844 Resources's annualized Debt-to-EBITDA for the quarter that ended in Jan. 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) / -0.408
=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 (Jan. 2024) EBITDA data.


1844 Resources  (FRA:2GSB) 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.


1844 Resources Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of 1844 Resources's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


1844 Resources (FRA:2GSB) Business Description

Traded in Other Exchanges
Address
224 - 4th Avenue South, Suite 602, Saskatoon, SK, CAN, S7K 5M5
1844 Resources Inc is engaged in the identification, exploration, and development of mineral properties with a focus on grossly underexplored regions of Gaspe and Chibougamau Quebec. The company's exploration properties include the Vortex, Davidson, Native Copper, and Lac Arsenault.

1844 Resources (FRA:2GSB) Headlines

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