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Thunder Gold (TSXV:TGOL) Debt-to-EBITDA : 0.00 (As of Jan. 2024)


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What is Thunder Gold Debt-to-EBITDA?

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

Thunder Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Thunder Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Thunder Gold's annualized EBITDA for the quarter that ended in Jan. 2024 was C$-0.32 Mil. Thunder Gold's annualized Debt-to-EBITDA for the quarter that ended in Jan. 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 Thunder Gold's Debt-to-EBITDA or its related term are showing as below:

TSXV:TGOL's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

Thunder Gold Debt-to-EBITDA Historical Data

The historical data trend for Thunder Gold'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.

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Thunder Gold Debt-to-EBITDA Chart

Thunder Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Debt-to-EBITDA
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Thunder Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Thunder Gold's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Thunder Gold'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.


Thunder Gold's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Thunder Gold Debt-to-EBITDA Calculation

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

Thunder Gold's Debt-to-EBITDA for the fiscal year that ended in Apr. 2023 is calculated as

Thunder Gold's annualized Debt-to-EBITDA for the quarter that ended in Jan. 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) / -0.324
=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 (Jan. 2024) EBITDA data.


Thunder Gold  (TSXV:TGOL) 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.


Thunder Gold Debt-to-EBITDA Related Terms

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


Thunder Gold (TSXV:TGOL) Business Description

Traded in Other Exchanges
Address
684 Squier Street, Thunder Bay, ON, CAN, P7B 4A8
Thunder Gold Corp is a junior exploration company. The company's flagship property is the Tower Mountain gold project, located in northwestern Ontario, fifty km west of Thunder Bay. The firm also holds a 100% interest in the Pen Property (Au) and the Seagull Lake Property (PGEs), both located in northwestern ON. In addition, the Company has optioned the following properties to other companies: Okohongo (Cu-Ag) and Dorwit (Cu-Ag) in Namibia, Vanguard-Iris Lake (Au), and Far Lake (CuAg) in ON and the Startrek (Au-Ag) property in NF.
Executives
Elliot Strashin 10% Security Holder, Director, Senior Officer

Thunder Gold (TSXV:TGOL) Headlines

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