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QUEXF (Q2 Metals) Debt-to-EBITDA : 0.00 (As of Aug. 2024)


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What is Q2 Metals Debt-to-EBITDA?

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

Q2 Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $0.00 Mil. Q2 Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Aug. 2024 was $0.00 Mil. Q2 Metals's annualized EBITDA for the quarter that ended in Aug. 2024 was $0.15 Mil. Q2 Metals's annualized Debt-to-EBITDA for the quarter that ended in Aug. 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 Q2 Metals's Debt-to-EBITDA or its related term are showing as below:

QUEXF's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.76
* Ranked among companies with meaningful Debt-to-EBITDA only.

Q2 Metals Debt-to-EBITDA Historical Data

The historical data trend for Q2 Metals'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.

Q2 Metals Debt-to-EBITDA Chart

Q2 Metals Annual Data
Trend Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.21 -0.07 -0.01 -0.02 -

Q2 Metals Quarterly Data
Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Q2 Metals's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Q2 Metals'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.


Q2 Metals's Debt-to-EBITDA Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Q2 Metals's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Q2 Metals's Debt-to-EBITDA falls into.



Q2 Metals Debt-to-EBITDA Calculation

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

Q2 Metals's Debt-to-EBITDA for the fiscal year that ended in Feb. 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) / -0.139
=0.00

Q2 Metals's annualized Debt-to-EBITDA for the quarter that ended in Aug. 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 (Aug. 2024) EBITDA data.


Q2 Metals  (OTCPK:QUEXF) 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.


Q2 Metals Debt-to-EBITDA Related Terms

Thank you for viewing the detailed overview of Q2 Metals's Debt-to-EBITDA provided by GuruFocus.com. Please click on the following links to see related term pages.


Q2 Metals Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 904, Vancouver, BC, CAN, V6C1T2
Q2 Metals Corp is a Canadian mineral exploration company focused on unlocking its portfolio of lithium projects in the Eeyou Istchee James Bay region of Quebec, Canada, that includes both its owned Mia Lithium Property and the Cisco Lithium Property. The Cisco Lithium Property is located north of Matagami, Quebec and comprises nearly 222 mineral claims.