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Northern Dynasty Minerals (Northern Dynasty Minerals) Debt-to-EBITDA : -0.19 (As of Dec. 2023)


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What is Northern Dynasty Minerals Debt-to-EBITDA?

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

Northern Dynasty Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.73 Mil. Northern Dynasty Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.25 Mil. Northern Dynasty Minerals's annualized EBITDA for the quarter that ended in Dec. 2023 was $-10.66 Mil. Northern Dynasty Minerals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.19.

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 Northern Dynasty Minerals's Debt-to-EBITDA or its related term are showing as below:

NAK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.13   Med: -0.03   Max: -0.01
Current: -0.13

During the past 13 years, the highest Debt-to-EBITDA Ratio of Northern Dynasty Minerals was -0.01. The lowest was -0.13. And the median was -0.03.

NAK's Debt-to-EBITDA is ranked worse than
100% of 534 companies
in the Metals & Mining industry
Industry Median: 1.98 vs NAK: -0.13

Northern Dynasty Minerals Debt-to-EBITDA Historical Data

The historical data trend for Northern Dynasty 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.

Northern Dynasty Minerals Debt-to-EBITDA Chart

Northern Dynasty Minerals Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.01 -0.02 -0.03 -0.13

Northern Dynasty Minerals Quarterly Data
Mar19 Jun19 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 Premium Member Only Premium Member Only -0.03 -0.02 -0.02 -0.03 -0.19

Competitive Comparison of Northern Dynasty Minerals's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Northern Dynasty 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.


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

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

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



Northern Dynasty Minerals Debt-to-EBITDA Calculation

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

Northern Dynasty Minerals'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
=(1.732 + 0.252) / -15.549
=-0.13

Northern Dynasty 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
=(1.732 + 0.252) / -10.656
=-0.19

* 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.


Northern Dynasty Minerals  (AMEX:NAK) 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.


Northern Dynasty Minerals Debt-to-EBITDA Related Terms

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


Northern Dynasty Minerals (Northern Dynasty Minerals) Business Description

Traded in Other Exchanges
Address
1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1
Northern Dynasty Minerals Ltd is a Canadian mineral exploration company. It has a single operating segment of acquisition, exploration, and development of mineral properties. Its core asset is the Pebble Project located in Alaska, USA. The Pebble project is seeking to develop a significant deposit of copper, gold, molybdenum, and silver into a modern mining operation.

Northern Dynasty Minerals (Northern Dynasty Minerals) Headlines

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