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Aben Minerals (Aben Minerals) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Aben Minerals Debt-to-EBITDA?

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

Aben Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Aben Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Aben Minerals's annualized EBITDA for the quarter that ended in Dec. 2023 was $-0.35 Mil. Aben Minerals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 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 Aben Minerals's Debt-to-EBITDA or its related term are showing as below:

ABNAF's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.98
* Ranked among companies with meaningful Debt-to-EBITDA only.

Aben Minerals Debt-to-EBITDA Historical Data

The historical data trend for Aben Minerals'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.

Aben Minerals Debt-to-EBITDA Chart

Aben Minerals Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
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Aben Minerals Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Aben Minerals's Debt-to-EBITDA

For the Gold subindustry, Aben Minerals'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.


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

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

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



Aben Minerals Debt-to-EBITDA Calculation

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

Aben Minerals's Debt-to-EBITDA for the fiscal year that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.541
=0.00

Aben Minerals'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 + 0) / -0.352
=0.00

* 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.


Aben Minerals  (OTCPK:ABNAF) 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.


Aben Minerals Debt-to-EBITDA Related Terms

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


Aben Minerals (Aben Minerals) Business Description

Traded in Other Exchanges
Address
1610 - 777 Dunsmuir Street, P.O. Box 10427, Vancouver, BC, CAN, V7Y 1K4
Aben Minerals Ltd is an exploration and development-stage company engaged in the business of acquisition, exploration, and evaluation of mineral resource properties. The company's projects include Justin Gold and Forrest Kerr Gold.

Aben Minerals (Aben Minerals) Headlines

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