GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Barksdale Resources Corp (OTCPK:BRKCF) » Definitions » Debt-to-EBITDA

Barksdale Resources (Barksdale Resources) Debt-to-EBITDA : -0.65 (As of Dec. 2023)


View and export this data going back to 1984. Start your Free Trial

What is Barksdale Resources Debt-to-EBITDA?

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

Barksdale Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.32 Mil. Barksdale Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.02 Mil. Barksdale Resources's annualized EBITDA for the quarter that ended in Dec. 2023 was $-2.08 Mil. Barksdale Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.65.

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

BRKCF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -35   Med: -0.98   Max: -0.04
Current: -0.71

During the past 13 years, the highest Debt-to-EBITDA Ratio of Barksdale Resources was -0.04. The lowest was -35.00. And the median was -0.98.

BRKCF's Debt-to-EBITDA is ranked worse than
100% of 542 companies
in the Metals & Mining industry
Industry Median: 1.98 vs BRKCF: -0.71

Barksdale Resources Debt-to-EBITDA Historical Data

The historical data trend for Barksdale 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.

Barksdale Resources Debt-to-EBITDA Chart

Barksdale Resources Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.04 -0.07 -0.98 -0.48

Barksdale Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 -1.19 -0.23 -0.39 -0.53 -0.65

Competitive Comparison of Barksdale Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Barksdale 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.


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

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

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



Barksdale Resources Debt-to-EBITDA Calculation

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

Barksdale Resources's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.078 + 0.084) / -2.446
=-0.48

Barksdale 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
=(1.319 + 0.023) / -2.08
=-0.65

* 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.


Barksdale Resources  (OTCPK:BRKCF) 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.


Barksdale Resources Debt-to-EBITDA Related Terms

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


Barksdale Resources (Barksdale Resources) Business Description

Traded in Other Exchanges
Address
67 East, 5th Avenue, Vancouver, BC, CAN, V5T 1G7
Barksdale Resources Corp is a Canadian exploration-stage natural resource company. The company is principally engaged in the business activities of the acquisition and exploration of precious and base metal mineral properties. The company operates through various projects including Sunnyside, San Antonio, Canelo, Goat Canyon, San Javier, and Four Metals.

Barksdale Resources (Barksdale Resources) Headlines