GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » ZEB Nickel Corp (OTCPK:ZBNIF) » Definitions » Debt-to-EBITDA

ZBNIF (ZEB Nickel) Debt-to-EBITDA : -1.75 (As of Dec. 2024)


View and export this data going back to 2021. Start your Free Trial

What is ZEB Nickel Debt-to-EBITDA?

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

ZEB Nickel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.87 Mil. ZEB Nickel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2024 was $0.00 Mil. ZEB Nickel's annualized EBITDA for the quarter that ended in Dec. 2024 was $-0.50 Mil. ZEB Nickel's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 was -1.75.

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 ZEB Nickel's Debt-to-EBITDA or its related term are showing as below:

ZBNIF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.01   Med: -0.65   Max: -0.65
Current: -3.01

During the past 1 years, the highest Debt-to-EBITDA Ratio of ZEB Nickel was -0.65. The lowest was -3.01. And the median was -0.65.

ZBNIF's Debt-to-EBITDA is ranked worse than
100% of 530 companies
in the Metals & Mining industry
Industry Median: 1.635 vs ZBNIF: -3.01

ZEB Nickel Debt-to-EBITDA Historical Data

The historical data trend for ZEB Nickel'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.

ZEB Nickel Debt-to-EBITDA Chart

ZEB Nickel Annual Data
Trend Dec21
Debt-to-EBITDA
-0.65

ZEB Nickel Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23 Dec23 Jun24 Sep24 Dec24
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 -1.68 - -3.71 -1.98 -1.75

Competitive Comparison of ZEB Nickel's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, ZEB Nickel'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.


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

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

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


;
;

ZEB Nickel Debt-to-EBITDA Calculation

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

ZEB Nickel's Debt-to-EBITDA for the fiscal year that ended in Dec. 2021 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0.488) / -0.748
=-0.65

ZEB Nickel's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.87 + 0) / -0.496
=-1.75

* 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. 2024) EBITDA data.


ZEB Nickel  (OTCPK:ZBNIF) 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.


ZEB Nickel Debt-to-EBITDA Related Terms

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


ZEB Nickel Business Description

Traded in Other Exchanges
Address
4 King Street West, Suite 401, Toronto, ON, CAN, M5H 1B6
ZEB Nickel Corp is a mineral exploration company. It controls the rights to the Zebediela Nickel Project located in the Limpopo Province in the Republic of South Africa.

ZEB Nickel Headlines

From GuruFocus

Zeb Announces Granting of Options

By GlobeNewswire GlobeNewswire 11-10-2021