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Cross River Ventures (FRA:C6R) Debt-to-EBITDA : 0.00 (As of Oct. 2023)


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What is Cross River Ventures Debt-to-EBITDA?

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

Cross River Ventures's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was €0.00 Mil. Cross River Ventures's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was €0.00 Mil. Cross River Ventures's annualized EBITDA for the quarter that ended in Oct. 2023 was €-0.31 Mil. Cross River Ventures's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 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 Cross River Ventures's Debt-to-EBITDA or its related term are showing as below:

FRA:C6R'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.

Cross River Ventures Debt-to-EBITDA Historical Data

The historical data trend for Cross River Ventures'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.

Cross River Ventures Debt-to-EBITDA Chart

Cross River Ventures Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23
Debt-to-EBITDA
- -0.16 - - -

Cross River Ventures Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 - - - - -

Competitive Comparison of Cross River Ventures's Debt-to-EBITDA

For the Gold subindustry, Cross River Ventures'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.


Cross River Ventures's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Cross River Ventures's Debt-to-EBITDA falls into.



Cross River Ventures Debt-to-EBITDA Calculation

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

Cross River Ventures's Debt-to-EBITDA for the fiscal year that ended in Jan. 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) / -3.281
=0.00

Cross River Ventures's annualized Debt-to-EBITDA for the quarter that ended in Oct. 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) / -0.308
=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 (Oct. 2023) EBITDA data.


Cross River Ventures  (FRA:C6R) 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.


Cross River Ventures Debt-to-EBITDA Related Terms

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


Cross River Ventures (FRA:C6R) Business Description

Traded in Other Exchanges
Address
800 West Pender Street, Suite 1430, Vancouver, BC, CAN, V6C 2V6
Cross River Ventures Corp is engaged in the identification, evaluation, exploration, and acquisition of mineral properties. Its projects include McVicar Gold Project, Shabu Lake Property, Ear Falls Property and Fuchsite Gold Project among others.

Cross River Ventures (FRA:C6R) Headlines

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