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European Electric Metals (TSXV:EVX) Debt-to-EBITDA : 0.00 (As of Apr. 2024)


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What is European Electric Metals Debt-to-EBITDA?

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

European Electric Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was C$0.00 Mil. European Electric Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2024 was C$0.00 Mil. European Electric Metals's annualized EBITDA for the quarter that ended in Apr. 2024 was C$-0.09 Mil. European Electric Metals's annualized Debt-to-EBITDA for the quarter that ended in Apr. 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 European Electric Metals's Debt-to-EBITDA or its related term are showing as below:

TSXV:EVX's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.82
* Ranked among companies with meaningful Debt-to-EBITDA only.

European Electric Metals Debt-to-EBITDA Historical Data

The historical data trend for European Electric Metals'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.

European Electric Metals Debt-to-EBITDA Chart

European Electric Metals Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Debt-to-EBITDA
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European Electric Metals Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24
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Competitive Comparison of European Electric Metals's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, European Electric Metals'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.


European Electric Metals's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where European Electric Metals's Debt-to-EBITDA falls into.



European Electric Metals Debt-to-EBITDA Calculation

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

European Electric Metals's Debt-to-EBITDA for the fiscal year that ended in Apr. 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) / -0.346
=0.00

European Electric Metals's annualized Debt-to-EBITDA for the quarter that ended in Apr. 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) / -0.088
=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 (Apr. 2024) EBITDA data.


European Electric Metals  (TSXV:EVX) 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.


European Electric Metals Debt-to-EBITDA Related Terms

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


European Electric Metals Business Description

Traded in Other Exchanges
N/A
Address
1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7
European Electric Metals Inc is in the process of investigating potential mineral property acquisitions. Its projects include the Borba 2.
Executives
Chris Donaldson Director

European Electric Metals Headlines