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Southern Silver Exploration (TSXV:SSV) Debt-to-EBITDA : 0.00 (As of Jul. 2024)


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What is Southern Silver Exploration Debt-to-EBITDA?

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

Southern Silver Exploration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was C$0.00 Mil. Southern Silver Exploration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was C$0.00 Mil. Southern Silver Exploration's annualized EBITDA for the quarter that ended in Jul. 2024 was C$-3.44 Mil. Southern Silver Exploration's annualized Debt-to-EBITDA for the quarter that ended in Jul. 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 Southern Silver Exploration's Debt-to-EBITDA or its related term are showing as below:

TSXV:SSV'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.

Southern Silver Exploration Debt-to-EBITDA Historical Data

The historical data trend for Southern Silver Exploration'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.

Southern Silver Exploration Debt-to-EBITDA Chart

Southern Silver Exploration Annual Data
Trend Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Debt-to-EBITDA
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Southern Silver Exploration Quarterly Data
Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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Competitive Comparison of Southern Silver Exploration's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Southern Silver Exploration'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.


Southern Silver Exploration's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Southern Silver Exploration's Debt-to-EBITDA falls into.



Southern Silver Exploration Debt-to-EBITDA Calculation

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

Southern Silver Exploration's Debt-to-EBITDA for the fiscal year that ended in Apr. 2024 is calculated as

Southern Silver Exploration's annualized Debt-to-EBITDA for the quarter that ended in Jul. 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) / -3.444
=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 (Jul. 2024) EBITDA data.


Southern Silver Exploration  (TSXV:SSV) 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.


Southern Silver Exploration Debt-to-EBITDA Related Terms

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


Southern Silver Exploration Business Description

Traded in Other Exchanges
Address
1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Southern Silver Exploration Corp is a Canadian company engaged in the acquisition, exploration, and development of natural resource properties for enhancement of value and disposition according to sales agreements or development by way of third-party option or joint venture agreements. Its properties include Cerro Las Minitas, El Sol, Hermanas, and Oro. It has a single operating segment acquisition and exploration of mineral properties.
Executives
Robert William John Macdonald Senior Officer
Donald Richard Head Director
David Roger Scammell Director
Larry James Buchanan Director
Eugene Spiering Director
Graham Henry Thatcher Senior Officer
Peter Cheesbrough Director

Southern Silver Exploration Headlines

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