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Chibougamau Independent Mines (TSXV:CBG) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Chibougamau Independent Mines Debt-to-EBITDA?

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

Chibougamau Independent Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Chibougamau Independent Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Chibougamau Independent Mines's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-1.65 Mil. Chibougamau Independent Mines's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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 Chibougamau Independent Mines's Debt-to-EBITDA or its related term are showing as below:

TSXV:CBG's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.98
* Ranked among companies with meaningful Debt-to-EBITDA only.

Chibougamau Independent Mines Debt-to-EBITDA Historical Data

The historical data trend for Chibougamau Independent Mines'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.

Chibougamau Independent Mines Debt-to-EBITDA Chart

Chibougamau Independent Mines Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.11 - - -

Chibougamau Independent Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -

Competitive Comparison of Chibougamau Independent Mines's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Chibougamau Independent Mines'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.


Chibougamau Independent Mines's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Chibougamau Independent Mines's Debt-to-EBITDA falls into.



Chibougamau Independent Mines Debt-to-EBITDA Calculation

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

Chibougamau Independent Mines'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
=(0 + 0) / -0.179
=0.00

Chibougamau Independent Mines's annualized Debt-to-EBITDA for the quarter 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
=(0 + 0) / -1.652
=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 (Dec. 2023) EBITDA data.


Chibougamau Independent Mines  (TSXV:CBG) 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.


Chibougamau Independent Mines Debt-to-EBITDA Related Terms

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


Chibougamau Independent Mines (TSXV:CBG) Business Description

Traded in Other Exchanges
Address
86, 14th Street, Rouyn-Noranda, QC, CAN, J9X 2J1
Chibougamau Independent Mines Inc is a natural resources exploration company. It is focused on reviving production in the Chibougamau gold-copper mining camp. It owns an interest in several exploration properties including Berrigan South and Berrigan Mine, Bateman Bay, Grandroy, Kokko Creek, Lac Simon, and others.
Executives
Lotan Holdings Inc. 10% Security Holder
David Lotan Director

Chibougamau Independent Mines (TSXV:CBG) Headlines

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