Showcase Minerals (Showcase Minerals) Debt-to-EBITDA : 0.00 (As of Jan. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Showcase Minerals Debt-to-EBITDA?

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

Showcase Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Showcase Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.00 Mil. Showcase Minerals's annualized EBITDA for the quarter that ended in Jan. 2024 was $-1.13 Mil. Showcase Minerals's annualized Debt-to-EBITDA for the quarter that ended in Jan. 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 Showcase Minerals's Debt-to-EBITDA or its related term are showing as below:

SHMIF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.05 Med: -0.05 Max: -0.04
Current: -0.04

During the past 3 years, the highest Debt-to-EBITDA Ratio of Showcase Minerals was -0.04. The lowest was -0.05. And the median was -0.05.

SHMIF's Debt-to-EBITDA is ranked worse than
100% of 533 companies
in the Metals & Mining industry
Industry Median: 2.04 vs SHMIF: -0.04

Showcase Minerals Debt-to-EBITDA Historical Data

The historical data trend for Showcase Minerals'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.

Showcase Minerals Debt-to-EBITDA Chart

Showcase Minerals Annual Data

Trend

Oct21

Oct22

Oct23

Debt-to-EBITDA

-0.05

Showcase Minerals Quarterly Data
	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Debt-to-EBITDA	Get a 7-Day Free Trial					-	-	-	-0.04	-

Competitive Comparison of Showcase Minerals's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Showcase Minerals'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.

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

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

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

Showcase Minerals Debt-to-EBITDA Calculation

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

Showcase Minerals's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.015	+	0)	/	-0.325
	=	-0.05

Showcase Minerals's annualized Debt-to-EBITDA for the quarter that ended in Jan. 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)	/	-1.132
	=	0.00

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 (Jan. 2024) EBITDA data.

Showcase Minerals (OTCPK:SHMIF) 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.

Showcase Minerals Debt-to-EBITDA Related Terms

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

Showcase Minerals (Showcase Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Showcase Minerals Inc (OTCPK:SHMIF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

ZJ0:Germany SHOW:Canada

Address

741 Harbourfront Drive North East, Salmon Arm, BC, CAN, V1E 3L4

Website

Showcase Minerals Inc is engaged in the business of mineral property exploration and development. The company holds the exclusive option to acquire a 100% interest in the Dixie Flats Claims, the North Star Claims, and the Woodruff Claims (collectively, the "Properties"), which are respectively subject to net smelters returns royalties ranging from 2.25% to 4.25%. It has one reportable segment, the exploration and development of mineral property in the State of Nevada, USA.

Showcase Minerals (Showcase Minerals) Headlines

No Headlines