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Northern Lion Gold (Northern Lion Gold) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Northern Lion Gold Debt-to-EBITDA?

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

Northern Lion Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Northern Lion Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Northern Lion Gold's annualized EBITDA for the quarter that ended in Mar. 2024 was $-0.12 Mil. Northern Lion Gold'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 Northern Lion Gold's Debt-to-EBITDA or its related term are showing as below:

NLGCF's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

Northern Lion Gold Debt-to-EBITDA Historical Data

The historical data trend for Northern Lion 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.

Northern Lion Gold Debt-to-EBITDA Chart

Northern Lion Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Northern Lion Gold Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of Northern Lion Gold's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Northern Lion 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.


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

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

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



Northern Lion Gold Debt-to-EBITDA Calculation

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

Northern Lion 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 + 0) / -0.162
=0.00

Northern Lion Gold's annualized Debt-to-EBITDA for the quarter that ended in Mar. 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 (Mar. 2024) EBITDA data.


Northern Lion Gold  (OTCPK:NLGCF) 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.


Northern Lion Gold Debt-to-EBITDA Related Terms

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


Northern Lion Gold (Northern Lion Gold) Business Description

Traded in Other Exchanges
Address
67 East 5th Avenue, Vancouver, BC, CAN, V5T 1G7
Northern Lion Gold Corp is a mineral exploration company. It is focused on acquiring, exploring, and developing mineral properties in Canada. The group has a business presence in Canada and the Republic of Cyprus.

Northern Lion Gold (Northern Lion Gold) Headlines

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