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Voltage Metals (XCNQ:VOLT) Debt-to-EBITDA : -0.50 (As of Dec. 2023)


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What is Voltage Metals Debt-to-EBITDA?

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

Voltage Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.38 Mil. Voltage Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Voltage Metals's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-0.77 Mil. Voltage Metals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.50.

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

XCNQ:VOLT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.65   Med: -0.35   Max: -0.06
Current: -0.65

During the past 5 years, the highest Debt-to-EBITDA Ratio of Voltage Metals was -0.06. The lowest was -0.65. And the median was -0.35.

XCNQ:VOLT's Debt-to-EBITDA is ranked worse than
100% of 533 companies
in the Metals & Mining industry
Industry Median: 1.98 vs XCNQ:VOLT: -0.65

Voltage Metals Debt-to-EBITDA Historical Data

The historical data trend for Voltage 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.

Voltage Metals Debt-to-EBITDA Chart

Voltage Metals Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
- - - -0.06 -0.65

Voltage 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 -0.06 -0.70 -0.89 -0.55 -0.50

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

For the Other Industrial Metals & Mining subindustry, Voltage 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.


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

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

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



Voltage Metals Debt-to-EBITDA Calculation

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

Voltage 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
=(0.381 + 0) / -0.589
=-0.65

Voltage 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
=(0.381 + 0) / -0.768
=-0.50

* 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.


Voltage Metals  (XCNQ:VOLT) 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.


Voltage Metals Debt-to-EBITDA Related Terms

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


Voltage Metals (XCNQ:VOLT) Business Description

Traded in Other Exchanges
Address
5000 Yonge Street, Suite 1901, Toronto, ON, CAN, M2N 7E9
Voltage Metals Corp is an exploration company focused on advancing battery metals projects. It is a producer of nickel, copper, cobalt and PGE's. The principal business carried on by the company include the acquisition, exploration and development of its St. Laurent project, Wheeler project, Skyfire project, etc.