PRMLF (Premium Resources) Debt-to-EBITDA : -0.48 (As of Dec. 2024)

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What is Premium Resources Debt-to-EBITDA?

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

Premium Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil. Premium Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $13.50 Mil. Premium Resources's annualized EBITDA for the quarter that ended in Dec. 2024 was $-28.12 Mil. Premium Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was -0.48.

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 Premium Resources's Debt-to-EBITDA or its related term are showing as below:

PRMLF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.67 Med: -0.51 Max: -0.28
Current: -0.61

During the past 6 years, the highest Debt-to-EBITDA Ratio of Premium Resources was -0.28. The lowest was -0.67. And the median was -0.51.

PRMLF's Debt-to-EBITDA is ranked worse than
100% of 530 companies
in the Metals & Mining industry
Industry Median: 1.635 vs PRMLF: -0.61

Premium Resources Debt-to-EBITDA Historical Data

The historical data trend for Premium Resources'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.

Premium Resources Debt-to-EBITDA Chart

Premium Resources Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Debt-to-EBITDA

Get a 7-Day Free Trial

-0.28

-0.67

-0.51

Premium Resources Quarterly Data
	Dec19	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Debt-to-EBITDA	Get a 7-Day Free Trial												-0.54	-2.05	-0.60	-0.45	-0.48

Competitive Comparison of Premium Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Premium Resources'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.

Premium Resources's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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

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Premium Resources Debt-to-EBITDA Calculation

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

Premium Resources's Debt-to-EBITDA for the fiscal year that ended in Dec. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	13.497)	/	-26.483
	=	-0.51

Premium Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	13.497)	/	-28.124
	=	-0.48

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 (Dec. 2024) EBITDA data.

Premium Resources (OTCPK:PRMLF) 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.

Premium Resources Debt-to-EBITDA Related Terms

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

Premium Resources Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Premium Resources Ltd (OTCPK:PRMLF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

R10:Germany PREM:Canada

Address

100 King Street West, Suite 3400, Toronto, ON, CAN, M5X 1A4

Website

https://www.premiumresources.com

Premium Resources Ltd is a mineral exploration and development company focused on discovering and advancing high-quality copper- nickel-cobalt-platinum element metals (Cu- Ni-Co-PGE) resources. The principal assets of the company are the Selebi and Selebi North nickel-copper-cobalt ("Ni-Cu-Co") mines (the "Selebi Mines") in Botswana and related infrastructure (together, the "Selebi Assets"), as well as the nickel, copper, cobalt, platinum-group elements ("Ni-Cu-Co-PGE") Selkirk mine (the "Selkirk Mine") in Botswana. It manages a global portfolio, including the 100% owned Maniitsoq project in Greenland and the Post-Creek and Halcyon projects in Northern Ontario, Canada.

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