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MAUTF (Montage Gold) Debt-to-EBITDA : -0.01 (As of Sep. 2024)


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What is Montage Gold Debt-to-EBITDA?

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

Montage Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.17 Mil. Montage Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.36 Mil. Montage Gold's annualized EBITDA for the quarter that ended in Sep. 2024 was $-44.62 Mil. Montage Gold's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -0.01.

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

MAUTF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.02   Med: -0.01   Max: -0.01
Current: -0.02

During the past 5 years, the highest Debt-to-EBITDA Ratio of Montage Gold was -0.01. The lowest was -0.02. And the median was -0.01.

MAUTF's Debt-to-EBITDA is ranked worse than
100% of 528 companies
in the Metals & Mining industry
Industry Median: 1.585 vs MAUTF: -0.02

Montage Gold Debt-to-EBITDA Historical Data

The historical data trend for Montage 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.

Montage Gold Debt-to-EBITDA Chart

Montage Gold Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- - - - -0.01

Montage Gold 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 - - -0.01 -0.02 -0.01

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

For the Gold subindustry, Montage 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.


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

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

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


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Montage Gold Debt-to-EBITDA Calculation

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

Montage Gold'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
=(0.031 + 0.073) / -18.029
=-0.01

Montage Gold'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
=(0.166 + 0.356) / -44.62
=-0.01

* 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.


Montage Gold  (OTCPK:MAUTF) 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.


Montage Gold Debt-to-EBITDA Related Terms

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


Montage Gold Business Description

Traded in Other Exchanges
Address
1055 Dunsmuir Street, Suite 2800 Four Bentall Centre, Vancouver, BC, CAN, V7X 1L2
Montage Gold Corp is a mineral exploration and development company. It is engaged in the acquisition, exploration, and development of mineral properties in Africa. The company's mineral properties are located in Cote d'Ivoire where it owns four permits and nine permit applications. Its projects include the Kone Gold Project, Morondo Gold Project, the Korokaha Gold Project, and the Bobosso Gold Project.