Merlin Diamonds (Merlin Diamonds) Debt-to-EBITDA : -0.17 (As of Dec. 2017)

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What is Merlin Diamonds Debt-to-EBITDA?

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

Merlin Diamonds's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was $0.84 Mil. Merlin Diamonds's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2017 was $1.42 Mil. Merlin Diamonds's annualized EBITDA for the quarter that ended in Dec. 2017 was $-13.59 Mil. Merlin Diamonds's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2017 was -0.17.

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 Merlin Diamonds's Debt-to-EBITDA or its related term are showing as below:

NADLY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.93 Med: -0.18 Max: -0.01
Current: -0.32

During the past 13 years, the highest Debt-to-EBITDA Ratio of Merlin Diamonds was -0.01. The lowest was -1.93. And the median was -0.18.

NADLY's Debt-to-EBITDA is not ranked
in the Metals & Mining industry.
Industry Median: 2.04 vs NADLY: -0.32

Merlin Diamonds Debt-to-EBITDA Historical Data

The historical data trend for Merlin Diamonds'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.

Merlin Diamonds Debt-to-EBITDA Chart

Merlin Diamonds Annual Data

Trend

Jun09

Jun10

Jun11

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Debt-to-EBITDA

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-0.27

-0.01

-0.63

-0.12

-0.32

Merlin Diamonds Semi-Annual Data
	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.60	-0.08	-0.25	-0.17	-0.40

Competitive Comparison of Merlin Diamonds's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Merlin Diamonds'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.

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

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

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

Merlin Diamonds Debt-to-EBITDA Calculation

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

Merlin Diamonds's Debt-to-EBITDA for the fiscal year that ended in Jun. 2018 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.28	+	3.249)	/	-11.037
	=	-0.32

Merlin Diamonds's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2017 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.837	+	1.424)	/	-13.586
	=	-0.17

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 (Dec. 2017) EBITDA data.

Merlin Diamonds (OTCPK:NADLY) 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.

Merlin Diamonds Debt-to-EBITDA Related Terms

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

Merlin Diamonds (Merlin Diamonds) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Merlin Diamonds Ltd (OTCPK:NADLY) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

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Address

42 Moray Street, Level 1A, Southbank, Melbourne, VIC, AUS, 3004

Website

http://www.merlindiamonds.com.au

Merlin Diamonds Ltd is engaged in the exploration and development of diamond projects in Northern Territory, Australia. Its projects include Merlin Diamond Project, Kimberley Project, and Arnhem Land.

Merlin Diamonds (Merlin Diamonds) Headlines

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