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NEWDF (Newfoundland Discovery) Debt-to-EBITDA : 0.00 (As of Oct. 2024)


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What is Newfoundland Discovery Debt-to-EBITDA?

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

Newfoundland Discovery's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was $0.00 Mil. Newfoundland Discovery's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was $0.00 Mil. Newfoundland Discovery's annualized EBITDA for the quarter that ended in Oct. 2024 was $-0.26 Mil. Newfoundland Discovery's annualized Debt-to-EBITDA for the quarter that ended in Oct. 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 Newfoundland Discovery's Debt-to-EBITDA or its related term are showing as below:

NEWDF's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.75
* Ranked among companies with meaningful Debt-to-EBITDA only.

Newfoundland Discovery Debt-to-EBITDA Historical Data

The historical data trend for Newfoundland Discovery'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.

Newfoundland Discovery Debt-to-EBITDA Chart

Newfoundland Discovery Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Debt-to-EBITDA
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Newfoundland Discovery Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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Competitive Comparison of Newfoundland Discovery's Debt-to-EBITDA

For the Gold subindustry, Newfoundland Discovery'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.


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

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

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



Newfoundland Discovery Debt-to-EBITDA Calculation

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

Newfoundland Discovery's Debt-to-EBITDA for the fiscal year that ended in Apr. 2024 is calculated as

Newfoundland Discovery's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2024 is calculated as

* 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 (Oct. 2024) EBITDA data.


Newfoundland Discovery  (OTCPK:NEWDF) 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.


Newfoundland Discovery Debt-to-EBITDA Related Terms

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


Newfoundland Discovery Business Description

Traded in Other Exchanges
Address
838 West Hastings Street, Suite 700, Vancouver, BC, CAN, V6C 0A6
Newfoundland Discovery Corp is a junior mining exploration company. Its projects include the Grup Property, Bursey Property, Rodger's Cove Property, Johnathan's Pond Properties, Eastern Point Property, Wigwam Property, Goldson Gold Property, and the Southwest Pond Gold Property in Newfoundland; the Northbound Property, Northbound Extension, Southern Star Property, Valentine Mountain Property, Bouvier Property and the Chubb Lithium Property in Quebec.