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HFX Holding (TSXV:HXC.H) Debt-to-EBITDA : 0.00 (As of Jan. 2024)


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What is HFX Holding Debt-to-EBITDA?

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

HFX Holding's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. HFX Holding's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. HFX Holding's annualized EBITDA for the quarter that ended in Jan. 2024 was C$-0.02 Mil. HFX Holding's annualized Debt-to-EBITDA for the quarter that ended in Jan. 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 HFX Holding's Debt-to-EBITDA or its related term are showing as below:

TSXV:HXC.H'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.

HFX Holding Debt-to-EBITDA Historical Data

The historical data trend for HFX Holding'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.

HFX Holding Debt-to-EBITDA Chart

HFX Holding Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-EBITDA
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HFX Holding Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of HFX Holding's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, HFX Holding'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.


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

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

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



HFX Holding Debt-to-EBITDA Calculation

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

HFX Holding's Debt-to-EBITDA for the fiscal year that ended in Oct. 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) / -0.042
=0.00

HFX Holding's annualized Debt-to-EBITDA for the quarter that ended in Jan. 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) / -0.024
=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 (Jan. 2024) EBITDA data.


HFX Holding  (TSXV:HXC.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.


HFX Holding Debt-to-EBITDA Related Terms

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


HFX Holding (TSXV:HXC.H) Business Description

Traded in Other Exchanges
N/A
Address
885 West Georgia Street, Suite 1500, Vancouver, BC, CAN, V6C 3E8
Website
HFX Holding Corp is an exploration-stage company. Principally, it is engaged in the business of acquisition, exploration, and development of mineral properties. The company is focused on exploring its Kiwi property which is situated in Yukon Territory, Canada.

HFX Holding (TSXV:HXC.H) Headlines

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