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IMPACT Silver (TSXV:IPT) Debt-to-EBITDA : 0.69 (As of Sep. 2024)


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What is IMPACT Silver Debt-to-EBITDA?

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

IMPACT Silver's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.22 Mil. IMPACT Silver's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.12 Mil. IMPACT Silver's annualized EBITDA for the quarter that ended in Sep. 2024 was C$0.48 Mil. IMPACT Silver's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was 0.69.

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 IMPACT Silver's Debt-to-EBITDA or its related term are showing as below:

TSXV:IPT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.13   Med: -0.02   Max: 0.15
Current: -0.05

During the past 13 years, the highest Debt-to-EBITDA Ratio of IMPACT Silver was 0.15. The lowest was -0.13. And the median was -0.02.

TSXV:IPT's Debt-to-EBITDA is ranked worse than
100% of 532 companies
in the Metals & Mining industry
Industry Median: 1.75 vs TSXV:IPT: -0.05

IMPACT Silver Debt-to-EBITDA Historical Data

The historical data trend for IMPACT 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.

IMPACT Silver Debt-to-EBITDA Chart

IMPACT Silver Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 0.03 0.15 -0.13 -0.02

IMPACT Silver Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -0.02 -0.01 -0.03 -0.04 0.69

Competitive Comparison of IMPACT Silver's Debt-to-EBITDA

For the Silver subindustry, IMPACT 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.


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

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

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



IMPACT Silver Debt-to-EBITDA Calculation

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

IMPACT Silver's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.069 + 0) / -3.656
=-0.02

IMPACT Silver's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.217 + 0.115) / 0.484
=0.69

* 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 (Sep. 2024) EBITDA data.


IMPACT Silver  (TSXV:IPT) 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.


IMPACT Silver Debt-to-EBITDA Related Terms

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


IMPACT Silver Business Description

Traded in Other Exchanges
Address
303 - 543 Granville Street, Vancouver, BC, CAN, V6C 1X8
IMPACT Silver Corp and its subsidiaries are engaged in silver mining and related activities including exploration, development, and mineral processing in Mexico. The company operates a series of mines near Zacualpan in the state of Mexico and in Guerrero state and produces silver, lead, zinc, and gold sold in the form of lead and zinc concentrates. It has one operating segment and two reportable segments based on the geographic area which is Mexico, and Canada, and the majority of the revenue comes from Mexico.
Executives
Frederick William Davidson Director, Director or Senior Officer of 10% Security Holder, Senior Officer
George Arthur Gorzynski Director
Richard James Mazur Director

IMPACT Silver Headlines

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