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Prismo Metals (XCNQ:PRIZ) Debt-to-EBITDA : -0.08 (As of Dec. 2023)


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What is Prismo Metals Debt-to-EBITDA?

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

Prismo Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.18 Mil. Prismo Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Prismo Metals's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-2.35 Mil. Prismo Metals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.08.

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

XCNQ:PRIZ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.12   Med: -0.08   Max: 0
Current: -0.08

XCNQ:PRIZ's Debt-to-EBITDA is ranked worse than
100% of 533 companies
in the Metals & Mining industry
Industry Median: 1.98 vs XCNQ:PRIZ: -0.08

Prismo Metals Debt-to-EBITDA Historical Data

The historical data trend for Prismo 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.

Prismo Metals Debt-to-EBITDA Chart

Prismo Metals Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- - -0.12 - -0.08

Prismo Metals Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 - - - - -0.08

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

For the Other Industrial Metals & Mining subindustry, Prismo 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.


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

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

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



Prismo Metals Debt-to-EBITDA Calculation

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

Prismo 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
=(0.177 + 0) / -2.15
=-0.08

Prismo Metals's annualized Debt-to-EBITDA for the quarter 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
=(0.177 + 0) / -2.348
=-0.08

* 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. 2023) EBITDA data.


Prismo Metals  (XCNQ:PRIZ) 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.


Prismo Metals Debt-to-EBITDA Related Terms

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


Prismo Metals (XCNQ:PRIZ) Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Prismo Metals Inc is engaged in the business of acquisition and exploration of mineral properties and operates in one segment, namely mineral exploration in Mexico. The company's objective is to locate and develop economic precious and base metal properties of merit. Its properties consist of the Palos Verdes Property and the Los Pavitos property.
Executives
Alain Lambert Director

Prismo Metals (XCNQ:PRIZ) Headlines

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