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First Andes Silver (TSXV:FAS) Debt-to-EBITDA : 0.00 (As of May. 2024)


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What is First Andes Silver Debt-to-EBITDA?

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

First Andes Silver's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was C$0.00 Mil. First Andes Silver's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was C$0.00 Mil. First Andes Silver's annualized EBITDA for the quarter that ended in May. 2024 was C$-0.56 Mil. First Andes Silver's annualized Debt-to-EBITDA for the quarter that ended in May. 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 First Andes Silver's Debt-to-EBITDA or its related term are showing as below:

TSXV:FAS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.24   Med: -0.13   Max: -0.06
Current: -0.24

During the past 3 years, the highest Debt-to-EBITDA Ratio of First Andes Silver was -0.06. The lowest was -0.24. And the median was -0.13.

TSXV:FAS's Debt-to-EBITDA is ranked worse than
100% of 531 companies
in the Metals & Mining industry
Industry Median: 1.76 vs TSXV:FAS: -0.24

First Andes Silver Debt-to-EBITDA Historical Data

The historical data trend for First Andes Silver'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.

First Andes Silver Debt-to-EBITDA Chart

First Andes Silver Annual Data
Trend Feb22 Feb23 Feb24
Debt-to-EBITDA
- -0.06 -0.21

First Andes Silver Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.05 -0.05 -0.79 -0.43 -

Competitive Comparison of First Andes Silver's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, First Andes Silver'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.


First Andes Silver's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where First Andes Silver's Debt-to-EBITDA falls into.



First Andes Silver Debt-to-EBITDA Calculation

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

First Andes Silver's Debt-to-EBITDA for the fiscal year that ended in Feb. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.192 + 0) / -0.922
=-0.21

First Andes Silver's annualized Debt-to-EBITDA for the quarter that ended in May. 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) / -0.556
=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 (May. 2024) EBITDA data.


First Andes Silver  (TSXV:FAS) 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.


First Andes Silver Debt-to-EBITDA Related Terms

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


First Andes Silver Business Description

Traded in Other Exchanges
Address
1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5
First Andes Silver Ltd is a British Columbia company that holds a 100% interest in the high-grade Santas Gloria silver property in Peru. The group also has an interest in other properties which include Golden Hill Property, East Trend and Media Sur property, San Jose Silver property.