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Kobrea Exploration (XCNQ:KBX) Debt-to-EBITDA : 0.00 (As of Oct. 2024)


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What is Kobrea Exploration Debt-to-EBITDA?

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

Kobrea Exploration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was C$0.00 Mil. Kobrea Exploration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2024 was C$0.00 Mil. Kobrea Exploration's annualized EBITDA for the quarter that ended in Oct. 2024 was C$-1.84 Mil. Kobrea Exploration'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 Kobrea Exploration's Debt-to-EBITDA or its related term are showing as below:

XCNQ:KBX's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.59
* Ranked among companies with meaningful Debt-to-EBITDA only.

Kobrea Exploration Debt-to-EBITDA Historical Data

The historical data trend for Kobrea Exploration'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.

Kobrea Exploration Debt-to-EBITDA Chart

Kobrea Exploration Annual Data
Trend Jan23 Jan24
Debt-to-EBITDA
N/A -

Kobrea Exploration Quarterly Data
Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - - - - -

Competitive Comparison of Kobrea Exploration's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Kobrea Exploration'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.


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

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

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


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Kobrea Exploration Debt-to-EBITDA Calculation

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

Kobrea Exploration's Debt-to-EBITDA for the fiscal year 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) / -0.223
=0.00

Kobrea Exploration'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) / -1.844
=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.


Kobrea Exploration  (XCNQ:KBX) 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.


Kobrea Exploration Debt-to-EBITDA Related Terms

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


Kobrea Exploration Business Description

Traded in Other Exchanges
Address
330 - 890 Pender Street West, Vancouver, BC, CAN, V6C 1J9
Kobrea Exploration Corp is engaged in the acquisition, exploration, and evaluation of resource properties. Its objective is to locate and develop economic base metal properties of merit and to conduct its exploration program on the Upland property. The Upland property is located in Barriere, British Columbia consisting of eight mineral claims.

Kobrea Exploration Headlines

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