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Touchstone Gold (FRA:T03) Debt-to-EBITDA : 0.13 (As of Jun. 2014)


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What is Touchstone Gold Debt-to-EBITDA?

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

Touchstone Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was €0.00 Mil. Touchstone Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was €0.68 Mil. Touchstone Gold's annualized EBITDA for the quarter that ended in Jun. 2014 was €5.20 Mil. Touchstone Gold's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2014 was 0.13.

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 Touchstone Gold's Debt-to-EBITDA or its related term are showing as below:

FRA:T03'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.

Touchstone Gold Debt-to-EBITDA Historical Data

The historical data trend for Touchstone Gold'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.

Touchstone Gold Debt-to-EBITDA Chart

Touchstone Gold Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-EBITDA
-1.09 - - - -

Touchstone Gold Quarterly Data
Dec09 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Jun14
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - 0.13

Competitive Comparison of Touchstone Gold's Debt-to-EBITDA

For the Gold subindustry, Touchstone Gold'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.


Touchstone Gold's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Touchstone Gold Debt-to-EBITDA Calculation

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

Touchstone Gold's Debt-to-EBITDA for the fiscal year that ended in Dec. 2013 is calculated as

Touchstone Gold's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.684) / 5.204
=0.13

* 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 (Jun. 2014) EBITDA data.


Touchstone Gold  (FRA:T03) 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.


Touchstone Gold Debt-to-EBITDA Related Terms

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


Touchstone Gold (FRA:T03) Business Description

Traded in Other Exchanges
N/A
Address
Touchstone Gold Ltd was incorporated under the Laws of the British Virgin Islands on June 29, 2009. The Company, along with its wholly-owned subsidiaries, is an exploration stage company engaged in the exploration and development of gold properties in Colombia. The Company's project portfolio comprises of Segovia Gold Project and Santa Rosa Project.

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