Battery Mineral Resources (TSXV:BMR) Debt-to-EBITDA : -2.85 (As of Mar. 2024)

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What is Battery Mineral Resources Debt-to-EBITDA?

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

Battery Mineral Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$1.45 Mil. Battery Mineral Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$34.12 Mil. Battery Mineral Resources's annualized EBITDA for the quarter that ended in Mar. 2024 was C$-12.49 Mil. Battery Mineral Resources's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -2.85.

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

TSXV:BMR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -5.14 Med: -0.68 Max: 5.13
Current: -5.14

During the past 5 years, the highest Debt-to-EBITDA Ratio of Battery Mineral Resources was 5.13. The lowest was -5.14. And the median was -0.68.

TSXV:BMR's Debt-to-EBITDA is ranked worse than
100% of 534 companies
in the Metals & Mining industry
Industry Median: 2.02 vs TSXV:BMR: -5.14

Battery Mineral Resources Debt-to-EBITDA Historical Data

The historical data trend for Battery Mineral Resources'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.

Battery Mineral Resources Debt-to-EBITDA Chart

Battery Mineral Resources Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-EBITDA

-0.68

5.13

-4.72

Battery Mineral Resources Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial												1.95	-4.86	-3.49	-3.53	-2.85

Competitive Comparison of Battery Mineral Resources's Debt-to-EBITDA

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

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

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

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

Battery Mineral Resources Debt-to-EBITDA Calculation

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

Battery Mineral Resources's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(1.055	+	27.732)	/	-6.103
	=	-4.72

Battery Mineral Resources'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
	=	(1.45	+	34.118)	/	-12.492
	=	-2.85

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.

Battery Mineral Resources (TSXV:BMR) 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.

Battery Mineral Resources Debt-to-EBITDA Related Terms

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

Battery Mineral Resources (TSXV:BMR) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Battery Mineral Resources Corp (TSXV:BMR) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

BTRMF:USA

Address

1040 West Georgia Street, Suite 1900, Vancouver, BC, CAN, V6E 4H3

Website

https://www.bmrcorp.com

Battery Mineral Resources Corp is a multi-commodity resource company. It holds resource interests including copper, cobalt, lithium, and graphite properties. The company is engaged in the discovery, acquisition and development of battery metals and precious metals mining projects in Canada with additional cobalt, lithium and graphite projects in the United States and South Korea.

Executives