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World Copper (TSXV:WCU) Debt-to-EBITDA : -0.36 (As of Sep. 2024)


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What is World Copper Debt-to-EBITDA?

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

World Copper's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.14 Mil. World Copper's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$1.75 Mil. World Copper's annualized EBITDA for the quarter that ended in Sep. 2024 was C$-5.26 Mil. World Copper's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -0.36.

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 World Copper's Debt-to-EBITDA or its related term are showing as below:

TSXV:WCU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.54   Med: -0.24   Max: 0
Current: -0.63

TSXV:WCU's Debt-to-EBITDA is ranked worse than
100% of 528 companies
in the Metals & Mining industry
Industry Median: 1.595 vs TSXV:WCU: -0.63

World Copper Debt-to-EBITDA Historical Data

The historical data trend for World Copper'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.

World Copper Debt-to-EBITDA Chart

World Copper Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-0.22 - - -0.25 -1.54

World Copper Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24
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 0.76 -1.03 -1.04 -1.97 -0.36

Competitive Comparison of World Copper's Debt-to-EBITDA

For the Copper subindustry, World Copper'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.


World Copper's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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


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World Copper Debt-to-EBITDA Calculation

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

World Copper's Debt-to-EBITDA for the fiscal year 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
=(4.503 + 0) / -2.93
=-1.54

World Copper'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
=(0.136 + 1.745) / -5.256
=-0.36

* 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.


World Copper  (TSXV:WCU) 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.


World Copper Debt-to-EBITDA Related Terms

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


World Copper Business Description

Traded in Other Exchanges
Address
200 Burrard Street, Suite 1570, Vancouver, BC, CAN, V6C 3L6
World Copper Ltd is an exploration stage junior mining company currently engaged in the identification, acquisition, and exploration of mineral resources in Chile and the United States.
Executives
Robert Charles Kopple Director
Gordon Neal Senior Officer
Jonathan Christopher Lotz Director
Hendrik Van Alphen Director, Senior Officer
Nolan Peterson Senior Officer

World Copper Headlines

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