GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Copper Giant Resources Corp (TSXV:CGNT) » Definitions » Debt-to-EBITDA

Copper Giant Resources (TSXV:CGNT) Debt-to-EBITDA : -0.03 (As of Sep. 2024)


View and export this data going back to 2008. Start your Free Trial

What is Copper Giant Resources Debt-to-EBITDA?

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

Copper Giant Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.05 Mil. Copper Giant Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.08 Mil. Copper Giant Resources's annualized EBITDA for the quarter that ended in Sep. 2024 was C$-4.60 Mil. Copper Giant Resources's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -0.03.

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 Copper Giant Resources's Debt-to-EBITDA or its related term are showing as below:

TSXV:CGNT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.07   Med: -0.04   Max: -0.02
Current: -0.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Copper Giant Resources was -0.02. The lowest was -0.07. And the median was -0.04.

TSXV:CGNT's Debt-to-EBITDA is ranked worse than
100% of 532 companies
in the Metals & Mining industry
Industry Median: 1.61 vs TSXV:CGNT: -0.02

Copper Giant Resources Debt-to-EBITDA Historical Data

The historical data trend for Copper Giant Resources'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.

Copper Giant Resources Debt-to-EBITDA Chart

Copper Giant Resources 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 -0.07 -0.04 -0.02 -0.02 -0.07

Copper Giant Resources 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 -0.13 -0.04 -0.01 -0.04 -0.03

Competitive Comparison of Copper Giant Resources's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Copper Giant Resources'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.


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

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

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


;
;

Copper Giant Resources Debt-to-EBITDA Calculation

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

Copper Giant Resources'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
=(0.319 + 0.188) / -7.442
=-0.07

Copper Giant Resources'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
=(0.054 + 0.078) / -4.596
=-0.03

* 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.


Copper Giant Resources  (TSXV:CGNT) 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.


Copper Giant Resources Debt-to-EBITDA Related Terms

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


Copper Giant Resources Business Description

Traded in Other Exchanges
Address
595 Burrard Street, Suite 3123, PO Box 49139, Vancouver, BC, CAN, V7X 1J1
Libero Copper & Gold Corp is a mineral exploration company that holds a portfolio of porphyry copper deposits throughout the Americas, including the Big Red porphyry copper and Big Bulk porphyry copper-gold projects in the Golden Triangle, British Columbia, Canada, the Mocoa porphyry copper-molybdenum deposit in Putumayo, Colombia; and the Esperanza porphyry copper-gold project in San Juan, Argentina. The company operates in four geographic regions; Canada, the USA, Argentina and Colombia.
Executives
Judy A. Mccall Senior Officer
Ernest Mast Mast Director
Ian Slater Director, Senior Officer