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Bronco Resources (TSXV:BRON) Debt-to-EBITDA : 0.00 (As of Oct. 2024)


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What is Bronco Resources Debt-to-EBITDA?

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

Bronco Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was C$0.00 Mil. Bronco Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was C$0.00 Mil. Bronco Resources's annualized EBITDA for the quarter that ended in Oct. 2024 was C$-0.10 Mil. Bronco Resources's annualized Debt-to-EBITDA for the quarter that ended in Oct. 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 Bronco Resources's Debt-to-EBITDA or its related term are showing as below:

TSXV:BRON's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.69
* Ranked among companies with meaningful Debt-to-EBITDA only.

Bronco Resources Debt-to-EBITDA Historical Data

The historical data trend for Bronco 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.

Bronco Resources Debt-to-EBITDA Chart

Bronco Resources Annual Data
Trend Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Debt-to-EBITDA
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Bronco Resources Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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Competitive Comparison of Bronco Resources's Debt-to-EBITDA

For the Gold subindustry, Bronco 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.


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

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

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



Bronco Resources Debt-to-EBITDA Calculation

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

Bronco Resources's Debt-to-EBITDA for the fiscal year that ended in Jul. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.171
=0.00

Bronco Resources's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.104
=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 (Oct. 2024) EBITDA data.


Bronco Resources  (TSXV:BRON) 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.


Bronco Resources Debt-to-EBITDA Related Terms

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


Bronco Resources Business Description

Traded in Other Exchanges
Address
301 1665 ELLIS STREET, Suite 335, Landmark 3, Kelowna, BC, CAN, V1Y 2B3
Bronco Resources Corp formerly Damara Gold Corp is a Canada-based exploration-stage company. The business activity of the group includes the exploration and development of mineral property in Namibia. It mainly explores for gold minerals. The company holds an interest in the Princeton Property that comprises approximately 22 mineral claims covering 8,955 hectares located in south of Princeton, British Columbia. The company also has two Properties which are Palcer Mountain Property and Vanlab Property.

Bronco Resources Headlines

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