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Alturas Minerals (LIM:ALT) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Alturas Minerals Debt-to-EBITDA?

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

Alturas Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Alturas Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Alturas Minerals's annualized EBITDA for the quarter that ended in Mar. 2024 was $-0.43 Mil. Alturas Minerals's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 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 Alturas Minerals's Debt-to-EBITDA or its related term are showing as below:

LIM:ALT's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

Alturas Minerals Debt-to-EBITDA Historical Data

The historical data trend for Alturas 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.

Alturas Minerals Debt-to-EBITDA Chart

Alturas Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.33 - - - -

Alturas Minerals Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Alturas Minerals's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Alturas 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.


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

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

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



Alturas Minerals Debt-to-EBITDA Calculation

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

Alturas Minerals's Debt-to-EBITDA for the fiscal year that ended in Dec. 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) / -0.335
=0.00

Alturas Minerals's annualized Debt-to-EBITDA for the quarter that ended in Mar. 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) / -0.432
=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 (Mar. 2024) EBITDA data.


Alturas Minerals  (LIM:ALT) 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.


Alturas Minerals Debt-to-EBITDA Related Terms

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


Alturas Minerals (LIM:ALT) Business Description

Traded in Other Exchanges
Address
372 Bay Street, Suite 301, Toronto, ON, CAN, M5H 2W9
Alturas Minerals Corp, along with its subsidiaries, is engaged in the exploration of mineral projects in Peru and Chile. Its exploration strategy is focused on the discovery of copper-gold porphyry/skarn deposits and large epithermal gold mineralized deposits. Its projects include Copperlode and Resguardo.