Esrey Resources (TSXV:ESR.H) Debt-to-EBITDA : -9.13 (As of Jun. 2021)

Esrey Resources Debt-to-EBITDA Chart

Esrey Resources Annual Data
	Trend	Sep11	Sep12	Sep13	Sep14	Sep15	Sep16	Sep17	Sep18	Sep19	Sep20
Debt-to-EBITDA		Get a 7-Day Free Trial					-0.19	-1.55	-0.04	-0.06	-3.03

Esrey Resources Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Debt-to-EBITDA	Get a 7-Day Free Trial															-	2.36	-18.75	-6.94	-9.13

Competitive Comparison of Esrey Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Esrey 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.

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

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

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

Esrey Resources Debt-to-EBITDA Calculation

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

Esrey Resources's Debt-to-EBITDA for the fiscal year that ended in Sep. 2020 is calculated as

Esrey Resources's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2021 is calculated as

* 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 (Jun. 2021) EBITDA data.

Esrey Resources  (TSXV:ESR.H) 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.

Esrey Resources Debt-to-EBITDA Related Terms

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Esrey Resources (TSXV:ESR.H) Business Description