GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Guskin Gold Corp (OTCPK:GKIN) » Definitions » Debt-to-EBITDA

Guskin Gold (Guskin Gold) Debt-to-EBITDA : 0.71 (As of Dec. 2023)


View and export this data going back to 2011. Start your Free Trial

What is Guskin Gold Debt-to-EBITDA?

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

Guskin Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $1.05 Mil. Guskin Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Guskin Gold's annualized EBITDA for the quarter that ended in Dec. 2023 was $1.49 Mil. Guskin Gold's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.70.

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 Guskin Gold's Debt-to-EBITDA or its related term are showing as below:

GKIN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -9.55   Med: -0.07   Max: 0.4
Current: 0.4

During the past 13 years, the highest Debt-to-EBITDA Ratio of Guskin Gold was 0.40. The lowest was -9.55. And the median was -0.07.

GKIN's Debt-to-EBITDA is ranked better than
79.89% of 542 companies
in the Metals & Mining industry
Industry Median: 1.98 vs GKIN: 0.40

Guskin Gold Debt-to-EBITDA Historical Data

The historical data trend for Guskin Gold'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.

Guskin Gold Debt-to-EBITDA Chart

Guskin Gold Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.10 N/A -0.07 0.10 0.37

Guskin Gold 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 0.87 0.25 0.15 -3.90 0.71

Competitive Comparison of Guskin Gold's Debt-to-EBITDA

For the Gold subindustry, Guskin Gold'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.


Guskin Gold's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Guskin Gold Debt-to-EBITDA Calculation

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

Guskin Gold'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
=(0.92 + 0) / 2.466
=0.37

Guskin Gold'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
=(1.049 + 0) / 1.488
=0.70

* 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.


Guskin Gold  (OTCPK:GKIN) 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.


Guskin Gold Debt-to-EBITDA Related Terms

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


Guskin Gold (Guskin Gold) Business Description

Traded in Other Exchanges
N/A
Address
4500 Great America Parkway, Suite 100, PMB 38, Santa Clara, CA, USA, 95054
Guskin Gold Corp is an early-stage development company focusing on the acquisition and exploration of gold properties and the development of gold mining operations in the Republic of Ghana. It holds an interest in the Kukuom Gold project and The TEPA Gold Mine.
Executives
Scott J Silverman director, 10 percent owner, officer: CEO, CFO, Pres, Sec. & Treas 1825 PONCE DE LEON BLVD., SUITE 411, CORAL GABLES FL 33134
Trig Special Purpose I, Llc 10 percent owner 590 MADISON AVENUE, SUITE 2127, NEW YORK NY 10022