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Benton Resources (Benton Resources) Debt-to-EBITDA

: -0.07 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Benton Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.04 Mil. Benton Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.04 Mil. Benton Resources's annualized EBITDA for the quarter that ended in Dec. 2023 was $-1.09 Mil. Benton Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.07.

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

BNTRF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.21   Med: -0.17   Max: -0.1
Current: -0.1

During the past 12 years, the highest Debt-to-EBITDA Ratio of Benton Resources was -0.10. The lowest was -0.21. And the median was -0.17.

BNTRF's Debt-to-EBITDA is ranked worse than
100% of 543 companies
in the Metals & Mining industry
Industry Median: 1.99 vs BNTRF: -0.10

Benton Resources Debt-to-EBITDA Historical Data

The historical data trend for Benton 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.

Benton Resources Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -0.20 -0.20 -0.15 -0.13

Benton Resources 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 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 Premium Member Only Premium Member Only Premium Member Only -0.13 -0.15 -0.17 -0.14 -0.07

Competitive Comparison

For the Other Industrial Metals & Mining subindustry, Benton 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.


Benton Resources Debt-to-EBITDA Distribution

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

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



Benton Resources Debt-to-EBITDA Calculation

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

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

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.037 + 0.059) / -0.715
=-0.13

Benton 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
=(0.037 + 0.04) / -1.092
=-0.07

* 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.


Benton Resources  (OTCPK:BNTRF) 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.


Benton Resources Debt-to-EBITDA Related Terms

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


Benton Resources (Benton Resources) Business Description

Traded in Other Exchanges
Address
684 Squier Street, Thunder Bay, ON, CAN, P7B 4A8
Benton Resources Inc is a mineral exploration company. The company has a diversified, highly-prospective property portfolio of Gold, Silver, Nickel, Copper, Platinum Group Elements and Lithium assets. In addition, it holds large equity positions in other mining companies that are advancing high-quality assets. Benton has a strategic alliance with Sokoman Minerals Corp through three joint-venture properties including Grey River, Golden Hope, and Kepenkeck in Newfoundland and Labrador, Canada.

Benton Resources (Benton Resources) Headlines

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