Sage Potash (TSXV:SAGE) Debt-to-EBITDA : -0.02 (As of Dec. 2023)

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What is Sage Potash Debt-to-EBITDA?

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

Sage Potash's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.04 Mil. Sage Potash's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.03 Mil. Sage Potash's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-2.91 Mil. Sage Potash's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.02.

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 Sage Potash's Debt-to-EBITDA or its related term are showing as below:

TSXV:SAGE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.02 Med: 0 Max: 0
Current: -0.02

TSXV:SAGE's Debt-to-EBITDA is ranked worse than
100% of 534 companies
in the Metals & Mining industry
Industry Median: 2.02 vs TSXV:SAGE: -0.02

Sage Potash Debt-to-EBITDA Historical Data

The historical data trend for Sage Potash'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.

Sage Potash Debt-to-EBITDA Chart

Sage Potash Annual Data

Trend

Debt-to-EBITDA

Sage Potash Quarterly Data
	Jun22	Sep22	Dec22	Jun23	Sep23	Dec23
Debt-to-EBITDA	Get a 7-Day Free Trial			-	-	-0.01	-0.01	-0.02

Competitive Comparison of Sage Potash's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Sage Potash'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.

Sage Potash's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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

Sage Potash Debt-to-EBITDA Calculation

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

Sage Potash's Debt-to-EBITDA for the fiscal year that ended in . 20 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(	+	)	/	N/A
	=	N/A

Sage Potash's annualized Debt-to-EBITDA for the quarter 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
	=	(0.039	+	0.025)	/	-2.908
	=	-0.02

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.

Sage Potash (TSXV:SAGE) 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.

Sage Potash Debt-to-EBITDA Related Terms

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

Sage Potash (TSXV:SAGE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sage Potash Corp (TSXV:SAGE) » Definitions » Debt-to-EBITDA

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Traded in Other Exchanges

SGPTF:USA

Address

889 West Pender Street, Suite 605, Vancouver, BC, CAN, V6C 3B2

Website

https://www.sagepotash.com

Sage Potash Corp is engaged in the acquisition, exploration, and development of mineral properties. Its principal business activity is the acquisition, exploration, and development of potash mineral properties. It holds interest in Sage Plain Potash property. The projects of the company include Sage Potash and Sage Lithium.