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Great Northern Minerals (STU:3GW) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Great Northern Minerals Debt-to-EBITDA?

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

Great Northern Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Great Northern Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was €0.00 Mil. Great Northern Minerals's annualized EBITDA for the quarter that ended in Dec. 2023 was €-1.03 Mil. Great Northern Minerals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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 Great Northern Minerals's Debt-to-EBITDA or its related term are showing as below:

STU:3GW' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.03   Med: -0.01   Max: 0
Current: -0.01

STU:3GW's Debt-to-EBITDA is ranked worse than
100% of 534 companies
in the Metals & Mining industry
Industry Median: 1.98 vs STU:3GW: -0.01

Great Northern Minerals Debt-to-EBITDA Historical Data

The historical data trend for Great Northern 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.

Great Northern Minerals Debt-to-EBITDA Chart

Great Northern Minerals Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.03 -0.02 -0.01 -

Great Northern Minerals Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -0.02 - -0.01 - -

Competitive Comparison of Great Northern Minerals's Debt-to-EBITDA

For the Gold subindustry, Great Northern 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.


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

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

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



Great Northern Minerals Debt-to-EBITDA Calculation

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

Great Northern Minerals's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.007 + 0) / -1.824
=-0.00

Great Northern Minerals's annualized Debt-to-EBITDA for the quarter 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) / -1.028
=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 two times the quarterly (Dec. 2023) EBITDA data.


Great Northern Minerals  (STU:3GW) 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.


Great Northern Minerals Debt-to-EBITDA Related Terms

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


Great Northern Minerals (STU:3GW) Business Description

Traded in Other Exchanges
Address
33 Colin Street, Level 1, West Perth, Perth, WA, AUS, 6005
Great Northern Minerals Ltd is focused on the development of gold mines. The company also established new goldfields in Northern Queensland. It holds an interest in The Golden Ant Project that comprises of Golden Cup, Camel Creek, and Big Rush Gold Mines in North Queensland.

Great Northern Minerals (STU:3GW) Headlines

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