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Allegiant Gold (TSXV:AUAU) Debt-to-EBITDA : -0.00 (As of Mar. 2024)


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What is Allegiant Gold Debt-to-EBITDA?

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

Allegiant Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Allegiant Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Allegiant Gold's annualized EBITDA for the quarter that ended in Mar. 2024 was C$-6.88 Mil. Allegiant Gold's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.00.

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

During the past 7 years, the highest Debt-to-EBITDA Ratio of Allegiant Gold was 1.06. The lowest was -0.05. And the median was 0.01.

TSXV:AUAU's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.02
* Ranked among companies with meaningful Debt-to-EBITDA only.

Allegiant Gold Debt-to-EBITDA Historical Data

The historical data trend for Allegiant Gold'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.

Allegiant Gold Debt-to-EBITDA Chart

Allegiant Gold Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial - 1.06 -0.05 -0.04 0.05

Allegiant Gold 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 -0.03 -0.02 - - -

Competitive Comparison of Allegiant Gold's Debt-to-EBITDA

For the Gold subindustry, Allegiant Gold'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.


Allegiant Gold's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Allegiant Gold Debt-to-EBITDA Calculation

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

Allegiant Gold's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.024 + 0) / 0.511
=0.05

Allegiant Gold'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
=(0.004 + 0) / -6.884
=-0.00

* 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.


Allegiant Gold  (TSXV:AUAU) 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.


Allegiant Gold Debt-to-EBITDA Related Terms

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


Allegiant Gold (TSXV:AUAU) Business Description

Traded in Other Exchanges
Address
1090 Hamilton Street, Vancouver, BC, CAN, V6B 2R9
Allegiant Gold Ltd is a gold exploration company. Its project profile consists of Bolo and Eastside in Nevada; Browns Canyon, West Goldfield, Overland Pass, White Horse Flats, and White Horse North. The business has one segment, being mineral exploration and evaluation. All assets of the firm are located in the USA.
Executives
Shawn Nichols Director

Allegiant Gold (TSXV:AUAU) Headlines

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