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WAMFF (Western Alaska Minerals) Debt-to-EBITDA : -0.85 (As of Sep. 2024)


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What is Western Alaska Minerals Debt-to-EBITDA?

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

Western Alaska Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $0.30 Mil. Western Alaska Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was $2.08 Mil. Western Alaska Minerals's annualized EBITDA for the quarter that ended in Sep. 2024 was $-2.79 Mil. Western Alaska Minerals's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 was -0.85.

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 Western Alaska Minerals's Debt-to-EBITDA or its related term are showing as below:

WAMFF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.21   Med: -0.88   Max: -0.15
Current: -0.78

During the past 4 years, the highest Debt-to-EBITDA Ratio of Western Alaska Minerals was -0.15. The lowest was -1.21. And the median was -0.88.

WAMFF's Debt-to-EBITDA is ranked worse than
100% of 531 companies
in the Metals & Mining industry
Industry Median: 1.76 vs WAMFF: -0.78

Western Alaska Minerals Debt-to-EBITDA Historical Data

The historical data trend for Western Alaska Minerals'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.

Western Alaska Minerals Debt-to-EBITDA Chart

Western Alaska Minerals Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
-0.15 -1.21 -1.09 -0.67

Western Alaska Minerals Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 -0.78 -0.90 -0.95 -0.75 -0.85

Competitive Comparison of Western Alaska Minerals's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Western Alaska Minerals'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.


Western Alaska Minerals's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Western Alaska Minerals's Debt-to-EBITDA falls into.



Western Alaska Minerals Debt-to-EBITDA Calculation

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

Western Alaska Minerals'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
=(0.225 + 2.594) / -4.242
=-0.66

Western Alaska Minerals'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
=(0.3 + 2.079) / -2.788
=-0.85

* 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.


Western Alaska Minerals  (OTCPK:WAMFF) 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.


Western Alaska Minerals Debt-to-EBITDA Related Terms

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


Western Alaska Minerals Business Description

Traded in Other Exchanges
Address
3573 East Sunrise Drive, Suite 233, Tucson, AZ, USA, 85718
Western Alaska Minerals Corp is engaged in the mineral exploration and development business. The company is focused on exploring the Illinois Creek Mining District in Western Alaska. The group's projects include IC Oxide Gold, Round Top Project, Honker Project, Waterpump Creek and TG North. Its portfolio consists of mineral deposits namely gold, silver, copper, and zinc.