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Archon Minerals (TSXV:ACS) Debt-to-EBITDA : -222.22 (As of Feb. 2024)


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What is Archon Minerals Debt-to-EBITDA?

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

Archon Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$8.00 Mil. Archon Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Archon Minerals's annualized EBITDA for the quarter that ended in Feb. 2024 was C$-0.04 Mil. Archon Minerals's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 was -222.22.

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 Archon Minerals's Debt-to-EBITDA or its related term are showing as below:

TSXV:ACS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -266.67   Med: -11.43   Max: 12.35
Current: -235.29

During the past 13 years, the highest Debt-to-EBITDA Ratio of Archon Minerals was 12.35. The lowest was -266.67. And the median was -11.43.

TSXV:ACS's Debt-to-EBITDA is ranked worse than
100% of 531 companies
in the Metals & Mining industry
Industry Median: 1.98 vs TSXV:ACS: -235.29

Archon Minerals Debt-to-EBITDA Historical Data

The historical data trend for Archon Minerals'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.

Archon Minerals Debt-to-EBITDA Chart

Archon Minerals Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.35 5.15 -148.15 -266.67 -266.67

Archon Minerals Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -222.22 -200.00 -222.22 -333.33 -222.22

Competitive Comparison of Archon Minerals's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Archon Minerals'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.


Archon Minerals's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Archon Minerals Debt-to-EBITDA Calculation

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

Archon Minerals's Debt-to-EBITDA for the fiscal year that ended in May. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8 + 0) / -0.03
=-266.67

Archon Minerals's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(8 + 0) / -0.036
=-222.22

* 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 (Feb. 2024) EBITDA data.


Archon Minerals  (TSXV:ACS) 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.


Archon Minerals Debt-to-EBITDA Related Terms

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


Archon Minerals (TSXV:ACS) Business Description

Traded in Other Exchanges
N/A
Address
323 Jervis Street, Suite 2801, Vancouver, BC, CAN, V6P 3P8
Website
Archon Minerals Ltd is a Canadian based company. It's engaged in mining and exploration of precious stone and metals. The company's primary focus is on the exploration of Diamonds from its Buffer zone project, WO block project and Monument diamond project. The company does not generate cash flows from operations to fund its activities and therefore relies upon the issuance of securities for financing.

Archon Minerals (TSXV:ACS) Headlines

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