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Base Carbon (NEOE:BCBN) Debt-to-EBITDA : -0.00 (As of Mar. 2024)


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What is Base Carbon Debt-to-EBITDA?

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

Base Carbon's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.0 Mil. Base Carbon's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.1 Mil. Base Carbon's annualized EBITDA for the quarter that ended in Mar. 2024 was C$-113.0 Mil. Base Carbon'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 Base Carbon's Debt-to-EBITDA or its related term are showing as below:

NEOE:BCBN's Debt-to-EBITDA is not ranked *
in the Asset Management industry.
Industry Median: 1.35
* Ranked among companies with meaningful Debt-to-EBITDA only.

Base Carbon Debt-to-EBITDA Historical Data

The historical data trend for Base Carbon'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.

Base Carbon Debt-to-EBITDA Chart

Base Carbon Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
- - -

Base Carbon Quarterly Data
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 - - - -0.02 -

Competitive Comparison of Base Carbon's Debt-to-EBITDA

For the Asset Management subindustry, Base Carbon'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.


Base Carbon's Debt-to-EBITDA Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Base Carbon's Debt-to-EBITDA distribution charts can be found below:

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



Base Carbon Debt-to-EBITDA Calculation

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

Base Carbon'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 + 0.148) / 139.919
=0.00

Base Carbon'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 + 0.133) / -112.96
=-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.


Base Carbon  (NEOE:BCBN) 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.


Base Carbon Debt-to-EBITDA Related Terms

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


Base Carbon (NEOE:BCBN) Business Description

Traded in Other Exchanges
Address
902 - 18 King Street East, Toronto, ON, CAN, M5C 1C4
Base Carbon Inc is engaged in the exploration and development of mineral properties in Canada.
Executives
Steve Fray Director or Senior Officer of 10% Security Holder

Base Carbon (NEOE:BCBN) Headlines

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