Sailfish Royalty (Sailfish Royalty) Debt-to-EBITDA : -6.59 (As of Sep. 2023)

View and export this data going back to 2017. Start your Free Trial

What is Sailfish Royalty Debt-to-EBITDA?

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

Sailfish Royalty's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.15 Mil. Sailfish Royalty's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.92 Mil. Sailfish Royalty's annualized EBITDA for the quarter that ended in Sep. 2023 was $-0.62 Mil. Sailfish Royalty's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -6.59.

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 Sailfish Royalty's Debt-to-EBITDA or its related term are showing as below:

SROYF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -6.92 Med: -0.46 Max: 0.01
Current: -6.92

During the past 7 years, the highest Debt-to-EBITDA Ratio of Sailfish Royalty was 0.01. The lowest was -6.92. And the median was -0.46.

SROYF's Debt-to-EBITDA is ranked worse than
100% of 541 companies
in the Metals & Mining industry
Industry Median: 1.98 vs SROYF: -6.92

Sailfish Royalty Debt-to-EBITDA Historical Data

The historical data trend for Sailfish Royalty'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.

Sailfish Royalty Debt-to-EBITDA Chart

Sailfish Royalty Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Debt-to-EBITDA

Get a 7-Day Free Trial

-4.05

-0.89

0.01

-0.03

Sailfish Royalty Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.01	-0.02	0.12	-0.01	-6.59

Competitive Comparison of Sailfish Royalty's Debt-to-EBITDA

For the Gold subindustry, Sailfish Royalty'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.

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

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

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

Sailfish Royalty Debt-to-EBITDA Calculation

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

Sailfish Royalty's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.017	+	0)	/	-0.591
	=	-0.03

Sailfish Royalty's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0.145	+	3.915)	/	-0.616
	=	-6.59

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 (Sep. 2023) EBITDA data.

Sailfish Royalty (OTCPK:SROYF) 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.

Sailfish Royalty Debt-to-EBITDA Related Terms

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

Sailfish Royalty (Sailfish Royalty) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sailfish Royalty Corp (OTCPK:SROYF) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

FISH:Canada

Address

Sea Meadow House, PO Box 116, Tortola, Road Town, VGB, VG1110

Website

https://www.sailfishroyalty.com

Sailfish Royalty Corp is engaged in the acquisition of royalty and streaming agreements. The company's portfolio has two main assets on stage projects in the Americas: a gold stream equivalent to a 3% NSR on the San Albino gold project and a 2% NSR on the rest of the area surrounding San Albino in northern Nicaragua; and an up to 3% NSR on the Spring Valley gold project in Pershing County, Nevada.