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Golden River Resources (Golden River Resources) Debt-to-EBITDA : 0.00 (As of Mar. 2015)


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What is Golden River Resources Debt-to-EBITDA?

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

Golden River Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2015 was $0.00 Mil. Golden River Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2015 was $0.00 Mil. Golden River Resources's annualized EBITDA for the quarter that ended in Mar. 2015 was $-0.06 Mil. Golden River Resources's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2015 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 Golden River Resources's Debt-to-EBITDA or its related term are showing as below:

GORV's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.99
* Ranked among companies with meaningful Debt-to-EBITDA only.

Golden River Resources Debt-to-EBITDA Historical Data

The historical data trend for Golden River 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.

Golden River Resources Debt-to-EBITDA Chart

Golden River Resources Annual Data
Trend Jun05 Jun06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.15 -0.18 -0.37 - -

Golden River Resources Quarterly Data
Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15
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 - - - - -

Competitive Comparison of Golden River Resources's Debt-to-EBITDA

For the Gold subindustry, Golden River 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.


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

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

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



Golden River Resources Debt-to-EBITDA Calculation

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

Golden River Resources's Debt-to-EBITDA for the fiscal year that ended in Jun. 2014 is calculated as

Golden River Resources's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2015 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.064
=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 (Mar. 2015) EBITDA data.


Golden River Resources  (GREY:GORV) 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.


Golden River Resources Debt-to-EBITDA Related Terms

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


Golden River Resources (Golden River Resources) Business Description

Traded in Other Exchanges
N/A
Address
Golden River Resources Corp is an Australia-based exploration stage mining company. It is primarily engaged in the identification, acquisition, exploration, and development of mining prospects. Its exploration work is subject to the Mining Land Use Regulations of the Indian and Northern Affairs Canada Mining Act. The company generally explores gold. It holds interests in the mineral claims in Nova Scotia and Nunavut, Canada which is in the Slave Craton and in the Committee Bay Greenstone Belt.