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Western Star Resources (XCNQ:WSR) Debt-to-EBITDA : -0.14 (As of Dec. 2023)


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What is Western Star Resources Debt-to-EBITDA?

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

Western Star Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.05 Mil. Western Star Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Western Star Resources's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-0.32 Mil. Western Star Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.14.

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 Western Star Resources's Debt-to-EBITDA or its related term are showing as below:

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

During the past 3 years, the highest Debt-to-EBITDA Ratio of Western Star Resources was -0.08. The lowest was -0.08. And the median was -0.08.

XCNQ:WSR's Debt-to-EBITDA is ranked worse than
100% of 531 companies
in the Metals & Mining industry
Industry Median: 1.98 vs XCNQ:WSR: -0.08

Western Star Resources Debt-to-EBITDA Historical Data

The historical data trend for Western Star 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.

Western Star Resources Debt-to-EBITDA Chart

Western Star Resources Annual Data
Trend Dec21 Dec22 Dec23
Debt-to-EBITDA
- - -0.08

Western Star Resources Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only - - - - -0.14

Competitive Comparison of Western Star Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Western Star 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.


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

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

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



Western Star Resources Debt-to-EBITDA Calculation

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

Western Star Resources'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
=(0.046 + 0) / -0.56
=-0.08

Western Star Resources'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
=(0.046 + 0) / -0.324
=-0.14

* 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.


Western Star Resources  (XCNQ:WSR) 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.


Western Star Resources Debt-to-EBITDA Related Terms

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


Western Star Resources (XCNQ:WSR) Business Description

Traded in Other Exchanges
Address
8988 Fraserton Court, Unit 114B, Burnaby, BC, CAN, V5J 5H8
Website
Western Star Resources Inc is a mineral exploration and development company. Its activities consist of acquiring, exploring, developing, and operating mining properties.
Executives
Blake Morgan Senior Officer

Western Star Resources (XCNQ:WSR) Headlines

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