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MQMIF (MetalQuest Mining) Debt-to-EBITDA : 0.00 (As of Apr. 2024)


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What is MetalQuest Mining Debt-to-EBITDA?

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

MetalQuest Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was $0.00 Mil. MetalQuest Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was $0.00 Mil. MetalQuest Mining's annualized EBITDA for the quarter that ended in Apr. 2024 was $-0.21 Mil. MetalQuest Mining's annualized Debt-to-EBITDA for the quarter that ended in Apr. 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 MetalQuest Mining's Debt-to-EBITDA or its related term are showing as below:

MQMIF's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.81
* Ranked among companies with meaningful Debt-to-EBITDA only.

MetalQuest Mining Debt-to-EBITDA Historical Data

The historical data trend for MetalQuest Mining'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.

MetalQuest Mining Debt-to-EBITDA Chart

MetalQuest Mining Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Debt-to-EBITDA
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MetalQuest Mining Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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Competitive Comparison of MetalQuest Mining's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, MetalQuest Mining'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.


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

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

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



MetalQuest Mining Debt-to-EBITDA Calculation

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

MetalQuest Mining's Debt-to-EBITDA for the fiscal year that ended in Jan. 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) / -0.048
=0.00

MetalQuest Mining's annualized Debt-to-EBITDA for the quarter that ended in Apr. 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) / -0.208
=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 (Apr. 2024) EBITDA data.


MetalQuest Mining  (OTCPK:MQMIF) 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.


MetalQuest Mining Debt-to-EBITDA Related Terms

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


MetalQuest Mining Business Description

Traded in Other Exchanges
Address
101 - 2148 West 38th Avenue, Vancouver, BC, CAN, V6M 1R9
MetalQuest Mining Inc is an exploration stage company engaged in the acquisition, exploration, and development of mineral properties in Canada with the view of developing them to a stage where it can be exploited at a profit or to arrange joint ventures whereby other companies provide funding for development and exploration. The company projects include Murray Brook Project and Lac Otelnuk Iron Ore Project.

MetalQuest Mining Headlines

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