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Boba Mint Holdings (XCNQ:TNJ) Debt-to-EBITDA : -0.58 (As of Dec. 2023)


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What is Boba Mint Holdings Debt-to-EBITDA?

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

Boba Mint Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.29 Mil. Boba Mint Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.04 Mil. Boba Mint Holdings's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-0.57 Mil. Boba Mint Holdings's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.58.

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 Boba Mint Holdings's Debt-to-EBITDA or its related term are showing as below:

XCNQ:TNJ' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.31   Med: -0.19   Max: -0.19
Current: -2.31

During the past 2 years, the highest Debt-to-EBITDA Ratio of Boba Mint Holdings was -0.19. The lowest was -2.31. And the median was -0.19.

XCNQ:TNJ's Debt-to-EBITDA is ranked worse than
100% of 532 companies
in the Metals & Mining industry
Industry Median: 2.05 vs XCNQ:TNJ: -2.31

Boba Mint Holdings Debt-to-EBITDA Historical Data

The historical data trend for Boba Mint Holdings'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.

Boba Mint Holdings Debt-to-EBITDA Chart

Boba Mint Holdings Annual Data
Trend Jun22 Jun23
Debt-to-EBITDA
- -0.19

Boba Mint Holdings Quarterly Data
Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA N/A - N/A -0.58

Competitive Comparison of Boba Mint Holdings's Debt-to-EBITDA

For the Gold subindustry, Boba Mint Holdings'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.


Boba Mint Holdings's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Boba Mint Holdings's Debt-to-EBITDA falls into.



Boba Mint Holdings Debt-to-EBITDA Calculation

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

Boba Mint Holdings's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.122 + 0.151) / -1.464
=-0.19

Boba Mint Holdings'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
=(0.286 + 0.044) / -0.572
=-0.58

* 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.


Boba Mint Holdings  (XCNQ:TNJ) 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.


Boba Mint Holdings Debt-to-EBITDA Related Terms

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


Boba Mint Holdings (XCNQ:TNJ) Business Description

Comparable Companies
Traded in Other Exchanges
Address
1100 – 1111 Melville Street, Vancouver, BC, CAN, V6E 3V6
Website
Boba Mint Holdings Ltd is a mineral exploration company focused on acquiring, exploring, and developing gold projects in Quebec, Canada.

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