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Aben Minerals (FRA:R26) Debt-to-EBITDA : -0.50 (As of Sep. 2024)


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What is Aben Minerals Debt-to-EBITDA?

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

Aben Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.00 Mil. Aben Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.18 Mil. Aben Minerals's annualized EBITDA for the quarter that ended in Sep. 2024 was €-0.36 Mil. Aben Minerals's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -0.50.

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 Aben Minerals's Debt-to-EBITDA or its related term are showing as below:

FRA:R26' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.62   Med: -0.62   Max: -0.54
Current: -0.54

During the past 13 years, the highest Debt-to-EBITDA Ratio of Aben Minerals was -0.54. The lowest was -0.62. And the median was -0.62.

FRA:R26's Debt-to-EBITDA is ranked worse than
100% of 530 companies
in the Metals & Mining industry
Industry Median: 1.705 vs FRA:R26: -0.54

Aben Minerals Debt-to-EBITDA Historical Data

The historical data trend for Aben Minerals'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.

Aben Minerals Debt-to-EBITDA Chart

Aben Minerals Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -0.63

Aben Minerals Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 - - -0.30 -0.57 -0.50

Competitive Comparison of Aben Minerals's Debt-to-EBITDA

For the Gold subindustry, Aben Minerals'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.


Aben Minerals's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Aben Minerals Debt-to-EBITDA Calculation

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

Aben Minerals's Debt-to-EBITDA for the fiscal year that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.177) / -0.283
=-0.63

Aben Minerals's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.177) / -0.356
=-0.50

* 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. 2024) EBITDA data.


Aben Minerals  (FRA:R26) 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.


Aben Minerals Debt-to-EBITDA Related Terms

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


Aben Minerals Business Description

Traded in Other Exchanges
Address
505 Burrard Street, Suite 1030, Po Box 55, Vancouver, BC, CAN, V7X 1M5
Aben Minerals Ltd is an exploration and development-stage company engaged in the business of acquisition, exploration, and evaluation of mineral resource properties. The company's projects include Justin Project, Yukon Territory, VF Gold Project, Yukon Territory, Hit Property Option, Yukon Territory, Forrest Kerr Project, British Columbia, Justin Gold Project, Yukon. Geographically currently in British Columbia, Saskatchewan and Yukon, Canada.

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