GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Atlas Lithium Corp (STU:C480) » Definitions » Debt-to-EBITDA

Atlas Lithium (STU:C480) Debt-to-EBITDA : -0.20 (As of Mar. 2024)


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

What is Atlas Lithium Debt-to-EBITDA?

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

Atlas Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €0.33 Mil. Atlas Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was €9.24 Mil. Atlas Lithium's annualized EBITDA for the quarter that ended in Mar. 2024 was €-48.39 Mil. Atlas Lithium's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.20.

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 Atlas Lithium's Debt-to-EBITDA or its related term are showing as below:

STU:C480' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.56   Med: -0.41   Max: 0
Current: -0.2

STU:C480's Debt-to-EBITDA is ranked worse than
100% of 533 companies
in the Metals & Mining industry
Industry Median: 2.04 vs STU:C480: -0.20

Atlas Lithium Debt-to-EBITDA Historical Data

The historical data trend for Atlas Lithium'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.

Atlas Lithium Debt-to-EBITDA Chart

Atlas Lithium Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.19 -1.57 - - -0.24

Atlas Lithium Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - -0.15 -0.20

Competitive Comparison of Atlas Lithium's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Atlas Lithium'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.


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

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

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



Atlas Lithium Debt-to-EBITDA Calculation

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

Atlas Lithium's Debt-to-EBITDA for the fiscal year 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
=(0.167 + 9.207) / -38.986
=-0.24

Atlas Lithium's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.328 + 9.24) / -48.392
=-0.20

* 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 (Mar. 2024) EBITDA data.


Atlas Lithium  (STU:C480) 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.


Atlas Lithium Debt-to-EBITDA Related Terms

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


Atlas Lithium (STU:C480) Business Description

Traded in Other Exchanges
Address
Rua Bahia 2463, Suite 205, Belo Horizonte, MG, BRA, 30.160-012
Atlas Lithium Corp is a mineral exploration and development company with lithium projects and exploration properties in other critical and battery minerals, including nickel, rare earth, graphite, and titanium, to power the increased demand for electrification. Its current focus is on developing its hard-rock lithium project Minas Gerais Lithium Project located in Minas Gerais State in Brazil. The company intends to produce and sell lithium concentrate, a key ingredient for the battery supply chain.

Atlas Lithium (STU:C480) Headlines

No Headlines