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High North Resources (High North Resources) Debt-to-EBITDA : -77.52 (As of Jun. 2015)


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What is High North Resources Debt-to-EBITDA?

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

High North Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $10.63 Mil. High North Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2015 was $0.22 Mil. High North Resources's annualized EBITDA for the quarter that ended in Jun. 2015 was $-0.14 Mil. High North Resources's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2015 was -77.52.

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 High North Resources's Debt-to-EBITDA or its related term are showing as below:

HNTHF's Debt-to-EBITDA is not ranked *
in the Oil & Gas industry.
Industry Median: 1.77
* Ranked among companies with meaningful Debt-to-EBITDA only.

High North Resources Debt-to-EBITDA Historical Data

The historical data trend for High North 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.

High North Resources Debt-to-EBITDA Chart

High North Resources Annual Data
Trend Sep11 Sep12 Sep13 Sep14
Debt-to-EBITDA
- - - -1.74

High North Resources Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15
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 -3.53 -0.57 -0.36 -1.32 -77.52

Competitive Comparison of High North Resources's Debt-to-EBITDA

For the Oil & Gas E&P subindustry, High North 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.


High North Resources's Debt-to-EBITDA Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, High North Resources's Debt-to-EBITDA distribution charts can be found below:

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



High North Resources Debt-to-EBITDA Calculation

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

High North Resources's Debt-to-EBITDA for the fiscal year that ended in Sep. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(7.751 + 0) / -4.444
=-1.74

High North Resources's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(10.631 + 0.222) / -0.14
=-77.52

* 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. 2015) EBITDA data.


High North Resources  (OTCPK:HNTHF) 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.


High North Resources Debt-to-EBITDA Related Terms

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


High North Resources (High North Resources) Business Description

Traded in Other Exchanges
N/A
Address
350 – 7th Avenue South West, Suite 2800, First Canadian Centre, Calgary, AB, CAN, T2P 3N9
High North Resources Ltd is primarily engaged in the business of production, exploration, and development of oil and gas properties. The company operates through Chemical and Allied Products Merchant Wholesalers; exporting and importing base oil; Starch and Vegetable Fats and Oils Manufacturing segments. Geographically, it operates through the region of Canada. The organization generates most of its revenues from the trading on base oil, chemicals, and crude oil.

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