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Northwest Copper (TSXV:NWST) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Northwest Copper Debt-to-EBITDA?

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

Northwest Copper's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Northwest Copper's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Northwest Copper's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-6.04 Mil. Northwest Copper's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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 Northwest Copper's Debt-to-EBITDA or its related term are showing as below:

TSXV:NWST' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.41   Med: -0.17   Max: 0
Current: -0.01

TSXV:NWST's Debt-to-EBITDA is ranked worse than
100% of 531 companies
in the Metals & Mining industry
Industry Median: 1.98 vs TSXV:NWST: -0.01

Northwest Copper Debt-to-EBITDA Historical Data

The historical data trend for Northwest 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.

Northwest Copper Debt-to-EBITDA Chart

Northwest Copper Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.02 -0.26 - -

Northwest Copper Quarterly Data
Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 Jun21 Sep21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
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 - -0.01 -0.01 - -

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

For the Other Industrial Metals & Mining subindustry, Northwest 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.


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

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

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



Northwest Copper Debt-to-EBITDA Calculation

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

Northwest Copper'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 + 0) / -7.281
=0.00

Northwest Copper's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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. 2023) EBITDA data.


Northwest Copper  (TSXV:NWST) 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.


Northwest Copper Debt-to-EBITDA Related Terms

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


Northwest Copper (TSXV:NWST) Business Description

Traded in Other Exchanges
Address
1055 West Hastings Street, Suite 1900, Vancouver, BC, CAN, V6E 2E9
Northwest Copper Corp is a mineral exploration company. It explores copper gold with an exciting pipeline of projects in British Columbia. The company's project includes Kwanika/Stardust; Lorraine and Top Cat properties and East Niv. It has a single operating segment which is the mineral exploration business in Canada.
Executives
Tyler Eric Gurney Caswell Senior Officer

Northwest Copper (TSXV:NWST) Headlines

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