Molten Metals (XCNQ:MOLT) Debt-to-EBITDA : -1.31 (As of Mar. 2024)

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What is Molten Metals Debt-to-EBITDA?

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

Molten Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.11 Mil. Molten Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Molten Metals's annualized EBITDA for the quarter that ended in Mar. 2024 was C$-0.08 Mil. Molten Metals's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -1.31.

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 Molten Metals's Debt-to-EBITDA or its related term are showing as below:

XCNQ:MOLT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.39 Med: -0.12 Max: -0.12
Current: -0.39

During the past 3 years, the highest Debt-to-EBITDA Ratio of Molten Metals was -0.12. The lowest was -0.39. And the median was -0.12.

XCNQ:MOLT's Debt-to-EBITDA is ranked worse than
100% of 535 companies
in the Metals & Mining industry
Industry Median: 2.04 vs XCNQ:MOLT: -0.39

Molten Metals Debt-to-EBITDA Historical Data

The historical data trend for Molten Metals'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.

Molten Metals Debt-to-EBITDA Chart

Molten Metals Annual Data

Trend

Dec21

Dec22

Dec23

Debt-to-EBITDA

-0.12

Molten Metals Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial						-	-	-	-	-1.31

Competitive Comparison of Molten Metals's Debt-to-EBITDA

For the Gold subindustry, Molten Metals'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.

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

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

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

Molten Metals Debt-to-EBITDA Calculation

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

Molten Metals'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	+	0)	/	-0.348
	=	0.00

Molten Metals's annualized Debt-to-EBITDA for the quarter that ended in Mar. 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)	/	-0.08
	=	-1.31

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 (Mar. 2024) EBITDA data.

Molten Metals (XCNQ:MOLT) 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.

Molten Metals Debt-to-EBITDA Related Terms

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

Molten Metals (XCNQ:MOLT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Molten Metals Corp (XCNQ:MOLT) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

1090 West Georgia Street, Suite 600, Vancouver, BC, CAN, V6E 3V7

Website

https://www.moltenmetalscorp.com

Molten Metals Corp is a mineral resource company engaged in the acquisition and exploration of mineral properties, with a focus on critical metal projects, particularly Antimony and Tin. The company's principal mineral project is the West Gore Antimony/Gold Property situated in Nova Scotia. It has two geographically reportable operating segments focused on the acquisition and exploration of mineral properties in Canada and Slovakia.

Executives

Rana Gurvinder Vig

Director

Molten Metals (XCNQ:MOLT) Headlines

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