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Koryx Copper (TSXV:KRY) Debt-to-EBITDA : 0.00 (As of Feb. 2024)


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What is Koryx Copper Debt-to-EBITDA?

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

Koryx Copper's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Koryx Copper's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Koryx Copper's annualized EBITDA for the quarter that ended in Feb. 2024 was C$-1.53 Mil. Koryx Copper's annualized Debt-to-EBITDA for the quarter that ended in Feb. 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 Koryx Copper's Debt-to-EBITDA or its related term are showing as below:

TSXV:KRY'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.

Koryx Copper Debt-to-EBITDA Historical Data

The historical data trend for Koryx Copper'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.

Koryx Copper Debt-to-EBITDA Chart

Koryx Copper Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.90 -0.30 - - -

Koryx Copper Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - -

Competitive Comparison of Koryx Copper's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Koryx Copper'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.


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

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

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



Koryx Copper Debt-to-EBITDA Calculation

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

Koryx Copper's Debt-to-EBITDA for the fiscal year that ended in Aug. 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) / -1.438
=0.00

Koryx Copper's annualized Debt-to-EBITDA for the quarter 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 + 0) / -1.528
=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 (Feb. 2024) EBITDA data.


Koryx Copper  (TSXV:KRY) 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.


Koryx Copper Debt-to-EBITDA Related Terms

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


Koryx Copper (TSXV:KRY) Business Description

Traded in Other Exchanges
Address
700 West Georgia Street, Suite 888, Vancouver, BC, CAN, V7Y 1G5
Koryx Copper Inc formerly, Deep-South Resources Inc is a Provider of mineral exploration services based in Vancouver, Canada. The company specializes in delivering comprehensive mineral exploration solutions, from prospecting and drilling to geological analysis and resource assessment with a mission of high-quality assets located in mineralized zones conveniently situated near existing infrastructure within stable countries, thereby delivering reliable data, facilitating sound investment decisions, and contributing to sustainable resource development responsibly.
Executives
Pierre Leveille Senior Officer

Koryx Copper (TSXV:KRY) Headlines

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