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Temas Resources (XCNQ:TMAS) Debt-to-EBITDA : 0.00 (As of Sep. 2024)


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What is Temas Resources Debt-to-EBITDA?

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

Temas Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. Temas Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.00 Mil. Temas Resources's annualized EBITDA for the quarter that ended in Sep. 2024 was C$-2.94 Mil. Temas Resources's annualized Debt-to-EBITDA for the quarter that ended in Sep. 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 Temas Resources's Debt-to-EBITDA or its related term are showing as below:

XCNQ:TMAS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.39   Med: -0.21   Max: -0.03
Current: -0.06

During the past 5 years, the highest Debt-to-EBITDA Ratio of Temas Resources was -0.03. The lowest was -0.39. And the median was -0.21.

XCNQ:TMAS's Debt-to-EBITDA is ranked worse than
100% of 529 companies
in the Metals & Mining industry
Industry Median: 1.61 vs XCNQ:TMAS: -0.06

Temas Resources Debt-to-EBITDA Historical Data

The historical data trend for Temas Resources'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.

Temas Resources Debt-to-EBITDA Chart

Temas Resources Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
N/A -0.39 -0.03 - -

Temas Resources Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only - -0.13 -0.06 - -

Competitive Comparison of Temas Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Temas Resources'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.


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

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

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


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Temas Resources Debt-to-EBITDA Calculation

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

Temas Resources's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Temas Resources's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2024 is calculated as

* 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 (Sep. 2024) EBITDA data.


Temas Resources  (XCNQ:TMAS) 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.


Temas Resources Debt-to-EBITDA Related Terms

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


Temas Resources Business Description

Traded in Other Exchanges
Address
999 West Hastings Street, Suite 520, Vancouver, BC, CAN, V6C 2W2
Temas Resources Corp is focused on the advancement of mineral independence and the processes in which minerals are extracted in an environmentally friendly manner. It invests in and works to apply green technology across its mining portfolio to reduce the environmental impact and carbon footprint of metal extraction through advanced processing and patented leaching technologies. Its flagship properties are located in the stable, mining-friendly jurisdiction of Quebec (Canada) bordering Vermont, Maine, and New York State (U.S.) in an area known as the Grenville Geological Province. The Grenville Geological Province is home to Lac Tio, the solid ilmenite deposit in the world.
Executives
Samuel Anthony Kyler Hardy Director
Cloudbreak Exploration Inc. 10% Security Holder
Robert Schafer Director
Michael Dehn Director, Senior Officer
Rory Albert Martel Kutluoglu Director
David Robinson Director, Senior Officer

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