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D2 Lithium (FRA:C2U) Debt-to-EBITDA : 1.25 (As of Aug. 2024)


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What is D2 Lithium Debt-to-EBITDA?

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

D2 Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was €0.72 Mil. D2 Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was €0.00 Mil. D2 Lithium's annualized EBITDA for the quarter that ended in Aug. 2024 was €0.58 Mil. D2 Lithium's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2024 was 1.25.

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 D2 Lithium's Debt-to-EBITDA or its related term are showing as below:

FRA:C2U' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.62   Med: -0.14   Max: 0
Current: -0.25

FRA:C2U's Debt-to-EBITDA is ranked worse than
100% of 532 companies
in the Metals & Mining industry
Industry Median: 1.75 vs FRA:C2U: -0.25

D2 Lithium Debt-to-EBITDA Historical Data

The historical data trend for D2 Lithium'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.

D2 Lithium Debt-to-EBITDA Chart

D2 Lithium Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.44 -0.19 -1.62 -0.01 -0.50

D2 Lithium Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
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 -1.22 -0.19 -0.06 -3.28 1.25

Competitive Comparison of D2 Lithium's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, D2 Lithium'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.


D2 Lithium's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, D2 Lithium's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where D2 Lithium's Debt-to-EBITDA falls into.



D2 Lithium Debt-to-EBITDA Calculation

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

D2 Lithium's Debt-to-EBITDA for the fiscal year that ended in Nov. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.485 + 0) / -0.973
=-0.50

D2 Lithium's annualized Debt-to-EBITDA for the quarter that ended in Aug. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.723 + 0) / 0.58
=1.25

* 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 (Aug. 2024) EBITDA data.


D2 Lithium  (FRA:C2U) 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.


D2 Lithium Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of D2 Lithium's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


D2 Lithium Business Description

Traded in Other Exchanges
Address
8661 – 201 Street, Suite 202, Langley, BC, CAN, V2Y 0G9
D2 Lithium Corp is a resource exploration company. The company is engaged in the business of acquiring and developing mineral properties. Its projects include the Teels Marsh Lithium project, Alkali Lake Lithium Project, and Salinas Grandes. Geographically, it operates in Canada, Argentina, and the United States. It has one business segment, mineral exploration.

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