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GoldHaven Resources (XCNQ:GOH) Debt-to-EBITDA : 0.00 (As of Oct. 2024)


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What is GoldHaven Resources Debt-to-EBITDA?

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

GoldHaven Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was C$0.00 Mil. GoldHaven Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was C$0.00 Mil. GoldHaven Resources's annualized EBITDA for the quarter that ended in Oct. 2024 was C$-0.41 Mil. GoldHaven Resources's annualized Debt-to-EBITDA for the quarter that ended in Oct. 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 GoldHaven Resources's Debt-to-EBITDA or its related term are showing as below:

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

During the past 6 years, the highest Debt-to-EBITDA Ratio of GoldHaven Resources was -0.02. The lowest was -0.03. And the median was -0.02.

XCNQ:GOH's Debt-to-EBITDA is ranked worse than
100% of 531 companies
in the Metals & Mining industry
Industry Median: 1.76 vs XCNQ:GOH: -0.02

GoldHaven Resources Debt-to-EBITDA Historical Data

The historical data trend for GoldHaven Resources'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.

GoldHaven Resources Debt-to-EBITDA Chart

GoldHaven Resources Annual Data
Trend Jul19 Jul20 Jul21 Jul22 Jul23 Jul24
Debt-to-EBITDA
Get a 7-Day Free Trial - -0.02 -0.03 - -0.02

GoldHaven Resources Quarterly Data
Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
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 -0.01 - - -0.02 -

Competitive Comparison of GoldHaven Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, GoldHaven Resources'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.


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

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

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



GoldHaven Resources Debt-to-EBITDA Calculation

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

GoldHaven Resources's Debt-to-EBITDA for the fiscal year 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
=(0.01 + 0) / -0.647
=-0.02

GoldHaven Resources's annualized Debt-to-EBITDA for the quarter that ended in Oct. 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) / -0.412
=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 (Oct. 2024) EBITDA data.


GoldHaven Resources  (XCNQ:GOH) 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.


GoldHaven Resources Debt-to-EBITDA Related Terms

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


GoldHaven Resources Business Description

Traded in Other Exchanges
Address
2288 - 1177 West Hastings Street, Vancouver, BC, CAN, V6E 2K3
GoldHaven Resources Corp is a Canadian Junior exploration company engaged in the identification, acquisition, and exploration of mineral resources in Canada. Its projects include Magno Project and Three Guardsman Project. The Company has two reportable geographical segments. Canada is the Company's principal operating business and the Canadian corporate office.
Executives
W. Scott Dunbar Director
Gerhard Daniel Schieber Director, Senior Officer
David Charles Smith Director, Senior Officer

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