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Pacific Silk Road Resources Group (TSXV:PP.H) Debt-to-EBITDA : -2.08 (As of Mar. 2024)


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What is Pacific Silk Road Resources Group Debt-to-EBITDA?

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

Pacific Silk Road Resources Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.33 Mil. Pacific Silk Road Resources Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Pacific Silk Road Resources Group's annualized EBITDA for the quarter that ended in Mar. 2024 was C$-0.16 Mil. Pacific Silk Road Resources Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -2.08.

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 Pacific Silk Road Resources Group's Debt-to-EBITDA or its related term are showing as below:

TSXV:PP.H' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -7.14   Med: -1.12   Max: -0.25
Current: -1.86

During the past 13 years, the highest Debt-to-EBITDA Ratio of Pacific Silk Road Resources Group was -0.25. The lowest was -7.14. And the median was -1.12.

TSXV:PP.H's Debt-to-EBITDA is not ranked
in the Metals & Mining industry.
Industry Median: 2.04 vs TSXV:PP.H: -1.86

Pacific Silk Road Resources Group Debt-to-EBITDA Historical Data

The historical data trend for Pacific Silk Road Resources Group'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.

Pacific Silk Road Resources Group Debt-to-EBITDA Chart

Pacific Silk Road Resources Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.14 -1.15 -2.35 -1.09 -1.75

Pacific Silk Road Resources Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -1.58 -1.46 -1.98 -1.91 -2.08

Competitive Comparison of Pacific Silk Road Resources Group's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Pacific Silk Road Resources Group'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.


Pacific Silk Road Resources Group's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Pacific Silk Road Resources Group's Debt-to-EBITDA falls into.



Pacific Silk Road Resources Group Debt-to-EBITDA Calculation

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

Pacific Silk Road Resources Group's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.32 + 0) / -0.183
=-1.75

Pacific Silk Road Resources Group's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.332 + 0) / -0.16
=-2.08

* 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 (Mar. 2024) EBITDA data.


Pacific Silk Road Resources Group  (TSXV:PP.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.


Pacific Silk Road Resources Group Debt-to-EBITDA Related Terms

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


Pacific Silk Road Resources Group (TSXV:PP.H) Business Description

Traded in Other Exchanges
N/A
Address
885 West Georgia Street, Suite 1400, Vancouver, BC, CAN, V6C 3E8
Pacific Silk Road Resources Group Inc is a Canada-based company engaged in the acquisition, exploration, and development of mineral properties mainly potash.

Pacific Silk Road Resources Group (TSXV:PP.H) Headlines

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