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Southern Cross Gold Consolidated (STU:MV3) Debt-to-EBITDA : -0.09 (As of Nov. 2024)


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What is Southern Cross Gold Consolidated Debt-to-EBITDA?

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

Southern Cross Gold Consolidated's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was €0.12 Mil. Southern Cross Gold Consolidated's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2024 was €0.44 Mil. Southern Cross Gold Consolidated's annualized EBITDA for the quarter that ended in Nov. 2024 was €-6.30 Mil. Southern Cross Gold Consolidated's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2024 was -0.09.

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 Southern Cross Gold Consolidated's Debt-to-EBITDA or its related term are showing as below:

STU:MV3' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.14   Med: -0.09   Max: 0.03
Current: 0.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Southern Cross Gold Consolidated was 0.03. The lowest was -0.14. And the median was -0.09.

STU:MV3's Debt-to-EBITDA is ranked better than
95.27% of 529 companies
in the Metals & Mining industry
Industry Median: 1.6 vs STU:MV3: 0.03

Southern Cross Gold Consolidated Debt-to-EBITDA Historical Data

The historical data trend for Southern Cross Gold Consolidated'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.

Southern Cross Gold Consolidated Debt-to-EBITDA Chart

Southern Cross Gold Consolidated Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.14 -0.03

Southern Cross Gold Consolidated Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
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 -0.08 -0.03 - -0.35 -0.09

Competitive Comparison of Southern Cross Gold Consolidated's Debt-to-EBITDA

For the Gold subindustry, Southern Cross Gold Consolidated'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.


Southern Cross Gold Consolidated's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Southern Cross Gold Consolidated's Debt-to-EBITDA falls into.


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Southern Cross Gold Consolidated Debt-to-EBITDA Calculation

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

Southern Cross Gold Consolidated's Debt-to-EBITDA for the fiscal year that ended in May. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.068 + 0.07) / -5.246
=-0.03

Southern Cross Gold Consolidated's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.119 + 0.44) / -6.3
=-0.09

* 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 (Nov. 2024) EBITDA data.


Southern Cross Gold Consolidated  (STU:MV3) 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.


Southern Cross Gold Consolidated Debt-to-EBITDA Related Terms

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


Southern Cross Gold Consolidated Business Description

Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Southern Cross Gold Consolidated Ltd is a gold exploration company. The projects of the company include Sunday Creek, Redcastle, MT Isa, and others. The Company is also engaged exploring in antimony in the Victorian Goldfields.

Southern Cross Gold Consolidated Headlines

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