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E-Tech Resources (TSXV:REE) Debt-to-EBITDA : 0.00 (As of Sep. 2024)


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What is E-Tech Resources Debt-to-EBITDA?

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

E-Tech Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. E-Tech Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. E-Tech Resources's annualized EBITDA for the quarter that ended in Sep. 2024 was C$-0.54 Mil. E-Tech Resources's annualized Debt-to-EBITDA for the quarter that ended in Sep. 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 E-Tech Resources's Debt-to-EBITDA or its related term are showing as below:

TSXV:REE's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.76
* Ranked among companies with meaningful Debt-to-EBITDA only.

E-Tech Resources Debt-to-EBITDA Historical Data

The historical data trend for E-Tech 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.

E-Tech Resources Debt-to-EBITDA Chart

E-Tech Resources Annual Data
Trend Apr18 Apr19 Apr20 Apr21 Mar22 Mar23 Mar24
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E-Tech Resources Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Competitive Comparison of E-Tech Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, E-Tech 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.


E-Tech Resources's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



E-Tech Resources Debt-to-EBITDA Calculation

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

E-Tech Resources's Debt-to-EBITDA for the fiscal year that ended in Mar. 2024 is calculated as

E-Tech 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 + 0) / -0.536
=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 (Sep. 2024) EBITDA data.


E-Tech Resources  (TSXV:REE) 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.


E-Tech Resources Debt-to-EBITDA Related Terms

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


E-Tech Resources Business Description

Traded in Other Exchanges
Address
1969 Upper Water Street, Suite 2001, Purdy’s Wharf Tower Ii, Halifax, NS, CAN, B3J 3R7
E-Tech Resources Inc. is engaged in the business of the Company is the exploration and development of resource properties and rare earth element development company that owns the Eureka project in Namibia.
Executives
Wade K. Dawe 10% Security Holder
John Philpott Director