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Reflex Advanced Materials (XCNQ:RFLX) Debt-to-EBITDA : 0.00 (As of Jan. 2024)


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What is Reflex Advanced Materials Debt-to-EBITDA?

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

Reflex Advanced Materials's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Reflex Advanced Materials's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Reflex Advanced Materials's annualized EBITDA for the quarter that ended in Jan. 2024 was C$-1.56 Mil. Reflex Advanced Materials's annualized Debt-to-EBITDA for the quarter that ended in Jan. 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 Reflex Advanced Materials's Debt-to-EBITDA or its related term are showing as below:

XCNQ:RFLX's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

Reflex Advanced Materials Debt-to-EBITDA Historical Data

The historical data trend for Reflex Advanced Materials'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.

Reflex Advanced Materials Debt-to-EBITDA Chart

Reflex Advanced Materials Annual Data
Trend Jan22 Jan23 Jan24
Debt-to-EBITDA
- - -

Reflex Advanced Materials Quarterly Data
Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Reflex Advanced Materials's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Reflex Advanced Materials'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.


Reflex Advanced Materials's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Reflex Advanced Materials's Debt-to-EBITDA falls into.



Reflex Advanced Materials Debt-to-EBITDA Calculation

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

Reflex Advanced Materials'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) / -6.923
=0.00

Reflex Advanced Materials's annualized Debt-to-EBITDA for the quarter 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) / -1.564
=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 (Jan. 2024) EBITDA data.


Reflex Advanced Materials  (XCNQ:RFLX) 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.


Reflex Advanced Materials Debt-to-EBITDA Related Terms

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


Reflex Advanced Materials (XCNQ:RFLX) Business Description

Traded in Other Exchanges
Address
905 West Pender Street, 6th Floor, Vancouver, BC, CAN, V6C 1L6
Reflex Advanced Materials Corp is engaged in the business of mineral exploration in Canada. The company is working to advance its ZigZag Lake Lithium Property, located in Thunder Bay Mining Division, Crescent Lake Area, Ontario, Canada.
Executives
Dave Bowen 10% Security Holder, Deemed Insider - 6 Months before becoming Insider, Director, Senior Officer

Reflex Advanced Materials (XCNQ:RFLX) Headlines

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