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Volt Carbon Technologies (Volt Carbon Technologies) Debt-to-EBITDA : -0.92 (As of Jan. 2024)


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What is Volt Carbon Technologies Debt-to-EBITDA?

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

Volt Carbon Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.24 Mil. Volt Carbon Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was $0.63 Mil. Volt Carbon Technologies's annualized EBITDA for the quarter that ended in Jan. 2024 was $-0.94 Mil. Volt Carbon Technologies's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was -0.92.

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 Volt Carbon Technologies's Debt-to-EBITDA or its related term are showing as below:

TORVF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.03   Med: -0.57   Max: -0.05
Current: -1.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Volt Carbon Technologies was -0.05. The lowest was -1.03. And the median was -0.57.

TORVF's Debt-to-EBITDA is ranked worse than
100% of 533 companies
in the Metals & Mining industry
Industry Median: 1.98 vs TORVF: -1.03

Volt Carbon Technologies Debt-to-EBITDA Historical Data

The historical data trend for Volt Carbon Technologies'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.

Volt Carbon Technologies Debt-to-EBITDA Chart

Volt Carbon Technologies Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.05 -0.88 -0.76 -1.03

Volt Carbon Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -0.69 -0.57 -4.06 -1.09 -0.92

Competitive Comparison of Volt Carbon Technologies's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Volt Carbon Technologies'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.


Volt Carbon Technologies's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Volt Carbon Technologies's Debt-to-EBITDA falls into.



Volt Carbon Technologies Debt-to-EBITDA Calculation

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

Volt Carbon Technologies's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.26 + 0.634) / -0.87
=-1.03

Volt Carbon Technologies's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.235 + 0.63) / -0.94
=-0.92

* 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 (Jan. 2024) EBITDA data.


Volt Carbon Technologies  (OTCPK:TORVF) 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.


Volt Carbon Technologies Debt-to-EBITDA Related Terms

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


Volt Carbon Technologies (Volt Carbon Technologies) Business Description

Traded in Other Exchanges
Address
70 Country Hills Landing NW, Suite 117, Calgary, AB, CAN, T3K 2L2
Volt Carbon Technologies Inc is engaged in the exploration of mineral properties. The company has two operating segments. The mineral exploration and development segment focus on the acquisition and exploration of property interests that are considered potential sites of economic mineralization. The research and development segment focuses on the scientific study and technology applications for air classifier and battery development.

Volt Carbon Technologies (Volt Carbon Technologies) Headlines