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Victory Battery Metals (STU:VR60) Debt-to-EBITDA : -0.13 (As of Nov. 2023)


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What is Victory Battery Metals Debt-to-EBITDA?

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

Victory Battery Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was €0.02 Mil. Victory Battery Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was €0.03 Mil. Victory Battery Metals's annualized EBITDA for the quarter that ended in Nov. 2023 was €-0.36 Mil. Victory Battery Metals's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 was -0.13.

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 Victory Battery Metals's Debt-to-EBITDA or its related term are showing as below:

STU:VR60' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.19   Med: -0.06   Max: -0.03
Current: -0.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Victory Battery Metals was -0.03. The lowest was -0.19. And the median was -0.06.

STU:VR60's Debt-to-EBITDA is ranked worse than
100% of 533 companies
in the Metals & Mining industry
Industry Median: 2.04 vs STU:VR60: -0.03

Victory Battery Metals Debt-to-EBITDA Historical Data

The historical data trend for Victory Battery Metals'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.

Victory Battery Metals Debt-to-EBITDA Chart

Victory Battery Metals Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.19 -0.06 -0.03 -0.07

Victory Battery Metals Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -0.09 -0.04 -0.03 -0.02 -0.13

Competitive Comparison of Victory Battery Metals's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Victory Battery Metals'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.


Victory Battery Metals's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Victory Battery Metals's Debt-to-EBITDA falls into.



Victory Battery Metals Debt-to-EBITDA Calculation

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

Victory Battery Metals's Debt-to-EBITDA for the fiscal year that ended in Feb. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.022 + 0.042) / -0.973
=-0.07

Victory Battery Metals's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.021 + 0.026) / -0.356
=-0.13

* 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. 2023) EBITDA data.


Victory Battery Metals  (STU:VR60) 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.


Victory Battery Metals Debt-to-EBITDA Related Terms

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


Victory Battery Metals (STU:VR60) Business Description

Traded in Other Exchanges
Address
355 Burrard Street, Suite 1780, Vancouver, BC, CAN, V6C 2G8
Victory Battery Metals Corp is a Canadian mineral exploration company. The company operates through two segments namely Acquisition, Exploration, and Development of mineral properties and Administrative and Investing activities. Geographically, it operates in Canada and USA. Its projects portfolio includes Smokey Lithium, Mal-Wen, Loner Property, Hammond Reef South, Lac Simard, and Black Diablo.

Victory Battery Metals (STU:VR60) Headlines

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