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Hayasa Metals (TSXV:HAY) Debt-to-EBITDA : 0.00 (As of Dec. 2024)


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What is Hayasa Metals Debt-to-EBITDA?

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

Hayasa Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Hayasa Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Hayasa Metals's annualized EBITDA for the quarter that ended in Dec. 2024 was C$-3.80 Mil. Hayasa Metals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 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 Hayasa Metals's Debt-to-EBITDA or its related term are showing as below:

TSXV:HAY' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.04   Med: 0   Max: 0
Current: -0.04

TSXV:HAY's Debt-to-EBITDA is ranked worse than
100% of 527 companies
in the Metals & Mining industry
Industry Median: 1.59 vs TSXV:HAY: -0.04

Hayasa Metals Debt-to-EBITDA Historical Data

The historical data trend for Hayasa 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.

Hayasa Metals Debt-to-EBITDA Chart

Hayasa Metals Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Debt-to-EBITDA
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Hayasa Metals Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - - -0.03 -

Competitive Comparison of Hayasa Metals's Debt-to-EBITDA

For the Gold subindustry, Hayasa 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.


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

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

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


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Hayasa Metals Debt-to-EBITDA Calculation

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

Hayasa Metals's Debt-to-EBITDA for the fiscal year that ended in Mar. 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) / -1.544
=0.00

Hayasa Metals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 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 (Dec. 2024) EBITDA data.


Hayasa Metals  (TSXV:HAY) 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.


Hayasa Metals Debt-to-EBITDA Related Terms

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


Hayasa Metals Business Description

Traded in Other Exchanges
Address
409 Granville Street, Suite 1500, Vancouver, BC, CAN, V6C 1T2
Hayasa Metals Inc formerly Fremont Gold Ltd is a Canadian exploration company. It is engaged in the acquisition and exploration of mineral properties. Its project portfolio includes North Carlin, Cobb Creek, Griffon, Hurricane, and other properties. The company has a presence in Canada and the United States.
Executives
Dennis Moore Director, Senior Officer
William Richard Brown Senior Officer
Randall Chatwin Director
Blaine Anthony Monaghan Director, Senior Officer

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