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Nevada Organic Phosphate (XCNQ:NOP) Debt-to-EBITDA : 0.00 (As of Jul. 2024)


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What is Nevada Organic Phosphate Debt-to-EBITDA?

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

Nevada Organic Phosphate's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was C$0.00 Mil. Nevada Organic Phosphate's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jul. 2024 was C$0.00 Mil. Nevada Organic Phosphate's annualized EBITDA for the quarter that ended in Jul. 2024 was C$-0.68 Mil. Nevada Organic Phosphate's annualized Debt-to-EBITDA for the quarter that ended in Jul. 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 Nevada Organic Phosphate's Debt-to-EBITDA or its related term are showing as below:

XCNQ:NOP's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.75
* Ranked among companies with meaningful Debt-to-EBITDA only.

Nevada Organic Phosphate Debt-to-EBITDA Historical Data

The historical data trend for Nevada Organic Phosphate'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.

Nevada Organic Phosphate Debt-to-EBITDA Chart

Nevada Organic Phosphate Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Apr22 Apr23 Apr24
Debt-to-EBITDA
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Nevada Organic Phosphate Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24
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Competitive Comparison of Nevada Organic Phosphate's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Nevada Organic Phosphate'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.


Nevada Organic Phosphate's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Nevada Organic Phosphate's Debt-to-EBITDA falls into.



Nevada Organic Phosphate Debt-to-EBITDA Calculation

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

Nevada Organic Phosphate's Debt-to-EBITDA for the fiscal year that ended in Apr. 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) / -0.895
=0.00

Nevada Organic Phosphate's annualized Debt-to-EBITDA for the quarter 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 + 0) / -0.684
=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 (Jul. 2024) EBITDA data.


Nevada Organic Phosphate  (XCNQ:NOP) 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.


Nevada Organic Phosphate Debt-to-EBITDA Related Terms

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


Nevada Organic Phosphate Business Description

Traded in Other Exchanges
N/A
Address
150 24th Street, No. 408, West Vancouver, Vancouver, BC, CAN, V7V 4G8
Nevada Organic Phosphate Inc is an exploration stage junior mining company that engages in the identification, acquisition, evaluation, and exploration of agricultural minerals, precious and base metals with mineral properties in the United States. Its projects include the Murdock Mountain Property located in Elko County, Nevada.

Nevada Organic Phosphate Headlines

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