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Nihao Mineral Resources International (PHS:NI) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Nihao Mineral Resources International Debt-to-EBITDA?

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

Nihao Mineral Resources International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱0.00 Mil. Nihao Mineral Resources International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was ₱0.00 Mil. Nihao Mineral Resources International's annualized EBITDA for the quarter that ended in Mar. 2024 was ₱-2.64 Mil. Nihao Mineral Resources International'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 Nihao Mineral Resources International's Debt-to-EBITDA or its related term are showing as below:

PHS:NI's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.05
* Ranked among companies with meaningful Debt-to-EBITDA only.

Nihao Mineral Resources International Debt-to-EBITDA Historical Data

The historical data trend for Nihao Mineral Resources International'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.

Nihao Mineral Resources International Debt-to-EBITDA Chart

Nihao Mineral Resources International Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Nihao Mineral Resources International 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 Nihao Mineral Resources International's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Nihao Mineral Resources International'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.


Nihao Mineral Resources International's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Nihao Mineral Resources International's Debt-to-EBITDA falls into.



Nihao Mineral Resources International Debt-to-EBITDA Calculation

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

Nihao Mineral Resources International'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) / -4.265
=0.00

Nihao Mineral Resources International'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) / -2.644
=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.


Nihao Mineral Resources International  (PHS:NI) 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.


Nihao Mineral Resources International Debt-to-EBITDA Related Terms

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


Nihao Mineral Resources International (PHS:NI) Business Description

Traded in Other Exchanges
N/A
Address
1505 Princeton Street Corner, Shaw Boulevard, Barangay Wack-Wack, Greenhills East, Mandaluyong, PHL, 1552
Nihao Mineral Resources International Inc is a mining company. It is engaged in exploring, developing, acquiring, and operating nickel properties as well as investing in operating mining companies. It aims to create an integrated mining company with expertise in nickel exploration, access to processing technology, and the potential of its projects.

Nihao Mineral Resources International (PHS:NI) Headlines

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