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Alba Mineral Resources (LSE:ALBA) Debt-to-EBITDA : 0.00 (As of Nov. 2023)


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What is Alba Mineral Resources Debt-to-EBITDA?

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

Alba Mineral Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was £0.00 Mil. Alba Mineral Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was £0.00 Mil. Alba Mineral Resources's annualized EBITDA for the quarter that ended in Nov. 2023 was £-4.58 Mil. Alba Mineral Resources's annualized Debt-to-EBITDA for the quarter that ended in Nov. 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 Alba Mineral Resources's Debt-to-EBITDA or its related term are showing as below:

LSE:ALBA'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.

Alba Mineral Resources Debt-to-EBITDA Historical Data

The historical data trend for Alba Mineral 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.

Alba Mineral Resources Debt-to-EBITDA Chart

Alba Mineral Resources Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.08 - - - -

Alba Mineral Resources Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 Alba Mineral Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Alba Mineral 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.


Alba Mineral Resources's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Alba Mineral Resources Debt-to-EBITDA Calculation

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

Alba Mineral Resources's Debt-to-EBITDA for the fiscal year that ended in Nov. 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) / -0.182
=0.00

Alba Mineral Resources's annualized Debt-to-EBITDA for the quarter that ended in Nov. 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) / -4.582
=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 two times the quarterly (Nov. 2023) EBITDA data.


Alba Mineral Resources  (LSE:ALBA) 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.


Alba Mineral Resources Debt-to-EBITDA Related Terms

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


Alba Mineral Resources (LSE:ALBA) Business Description

Traded in Other Exchanges
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
Alba Mineral Resources PLC is an explorer with a commodity and owns and operates mining projects in Greenland (graphite, ilmenite, and iron ore), Wales (gold), as well as having an investment in the onshore UK oil and gas sector. The Group currently only has one primary reporting business segment, exploration and development. It operates geographically in areas including the Republic of Ireland, Greenland and England & Wales. Its project includes Clogau Gold Project, GreenRoc Mining plc- Amitsoq Graphite Project, Horse Hill Oil Project and Limerick Base Metals.

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