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Giant Mining (XCNQ:BFG) Debt-to-EBITDA : -0.04 (As of Dec. 2024)


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What is Giant Mining Debt-to-EBITDA?

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

Giant Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.11 Mil. Giant Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was C$0.00 Mil. Giant Mining's annualized EBITDA for the quarter that ended in Dec. 2024 was C$-2.60 Mil. Giant Mining's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was -0.04.

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 Giant Mining's Debt-to-EBITDA or its related term are showing as below:

XCNQ:BFG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.05   Med: -0.03   Max: -0.02
Current: -0.03

During the past 8 years, the highest Debt-to-EBITDA Ratio of Giant Mining was -0.02. The lowest was -0.05. And the median was -0.03.

XCNQ:BFG's Debt-to-EBITDA is ranked worse than
100% of 528 companies
in the Metals & Mining industry
Industry Median: 1.585 vs XCNQ:BFG: -0.03

Giant Mining Debt-to-EBITDA Historical Data

The historical data trend for Giant Mining'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.

Giant Mining Debt-to-EBITDA Chart

Giant Mining Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial -0.05 - - - -

Giant Mining Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 Premium Member Only - - - -0.02 -0.04

Competitive Comparison of Giant Mining's Debt-to-EBITDA

For the Copper subindustry, Giant Mining'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.


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

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

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


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Giant Mining Debt-to-EBITDA Calculation

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

Giant Mining's Debt-to-EBITDA for the fiscal year that ended in Jun. 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) / -2.987
=0.00

Giant Mining's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.105 + 0) / -2.604
=-0.04

* 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 (Dec. 2024) EBITDA data.


Giant Mining  (XCNQ:BFG) 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.


Giant Mining Debt-to-EBITDA Related Terms

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


Giant Mining Business Description

Traded in Other Exchanges
Address
1055 West Georgia Street, Suite 1500, Royal Centre, PO Box 11117, Vancouver, BC, CAN, V6E 4N7
Giant Mining Corp is engaged in the business of acquiring, exploring, and developing copper properties. The projects of the company include the Majuba Hill Project offering investors a copper, silver and gold investment opportunity.
Executives
David Charles Greenway Director, Senior Officer
Lawrence Segerstrom Director

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