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Goldshore Resources (STU:8X00) Debt-to-EBITDA : -0.04 (As of Sep. 2024)


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What is Goldshore Resources Debt-to-EBITDA?

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

Goldshore Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.05 Mil. Goldshore Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was €0.10 Mil. Goldshore Resources's annualized EBITDA for the quarter that ended in Sep. 2024 was €-3.38 Mil. Goldshore Resources's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -0.04.

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

STU:8X00' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.15   Med: -0.13   Max: -0.05
Current: -0.07

During the past 4 years, the highest Debt-to-EBITDA Ratio of Goldshore Resources was -0.05. The lowest was -0.15. And the median was -0.13.

STU:8X00's Debt-to-EBITDA is ranked worse than
100% of 531 companies
in the Metals & Mining industry
Industry Median: 1.76 vs STU:8X00: -0.07

Goldshore Resources Debt-to-EBITDA Historical Data

The historical data trend for Goldshore 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.

Goldshore Resources Debt-to-EBITDA Chart

Goldshore Resources Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
- -0.13 -0.05 -0.15

Goldshore Resources Quarterly Data
Mar20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.08 - -0.10 -0.08 -0.04

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

For the Gold subindustry, Goldshore 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.


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

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

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



Goldshore Resources Debt-to-EBITDA Calculation

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

Goldshore Resources's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.056 + 0.162) / -1.496
=-0.15

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.047 + 0.099) / -3.376
=-0.04

* 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 (Sep. 2024) EBITDA data.


Goldshore Resources  (STU:8X00) 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.


Goldshore Resources Debt-to-EBITDA Related Terms

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


Goldshore Resources Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 907, Vancouver, BC, CAN, V6E 2Y3
Goldshore Resources Inc is a Canadian company engaged into the business of gold exploration. It's main operating segment is in Canada. The company owns the Moss Lake Gold Project located in Ontario.

Goldshore Resources Headlines

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