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ARAO (AuraSource) Debt-to-EBITDA : -5.48 (As of Sep. 2023)


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What is AuraSource Debt-to-EBITDA?

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

AuraSource's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $3.33 Mil. AuraSource's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $0.02 Mil. AuraSource's annualized EBITDA for the quarter that ended in Sep. 2023 was $-0.61 Mil. AuraSource's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -5.48.

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

ARAO's Debt-to-EBITDA is not ranked *
in the Utilities - Regulated industry.
Industry Median: 4.03
* Ranked among companies with meaningful Debt-to-EBITDA only.

AuraSource Debt-to-EBITDA Historical Data

The historical data trend for AuraSource'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.

AuraSource Debt-to-EBITDA Chart

AuraSource 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 -1.99 -3.66 -4.25 -3.72 -5.88

AuraSource Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -5.58 -7.22 -5.29 -5.59 -5.48

Competitive Comparison of AuraSource's Debt-to-EBITDA

For the Utilities - Diversified subindustry, AuraSource'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.


AuraSource's Debt-to-EBITDA Distribution in the Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, AuraSource's Debt-to-EBITDA distribution charts can be found below:

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


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AuraSource Debt-to-EBITDA Calculation

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

AuraSource'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
=(3.181 + 0.036) / -0.547
=-5.88

AuraSource's annualized Debt-to-EBITDA for the quarter 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
=(3.334 + 0.021) / -0.612
=-5.48

* 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 (Sep. 2023) EBITDA data.


AuraSource  (OTCPK:ARAO) 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.


AuraSource Debt-to-EBITDA Related Terms

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


AuraSource Business Description

Traded in Other Exchanges
N/A
Address
2103 E. Cedar Street, Suite 6, Tempe, AZ, USA, 8281
AuraSource Inc is an energy-producing company. The business activity of the firm is operated through two divisions: AuraMetal and AuraMoto. The AuraMetal is focused on the development and production of environmentally friendly and cost-effective beneficiation process for complex ore, tailings, and slimes materials as industrial application solutions. AuraSource's core technology includes physical separation, hydrometallurgical and pyrometallurgy processes. AuraMoto is focused on sourcing various vendors and customers in the automotive industry.
Executives
Hong Kong Minerals Holdings Ltd 10 percent owner 20170 SCOTTSDALE ROAD, SUITE 107-293, SCOTTSDALE AZ 85255
Mongolian Natural Resources Investment Group (hong Kong) Co Ltd 10 percent owner 10250 CONSTELLATION BLVD, #2320, CENTURY CITY CA 90067
Eric Stoppenhagen director, officer: CFO and Treasurer 8908 SPLITARROW DRIVE, AUSTIN TX 78717
Lawrence L Kohler director 10115 E. BELL RD., STE 107-415, SCOTTSDALE AZ 85260
Hongliang Liu director, officer: CEO and President 1744 E. DESERT WILLOW DR., PHOENIX AZ 85048

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