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Quantum Battery Metals Co (Quantum Battery Metals Co) Debt-to-EBITDA : -0.66 (As of Oct. 2023)


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What is Quantum Battery Metals Co Debt-to-EBITDA?

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

Quantum Battery Metals Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.46 Mil. Quantum Battery Metals Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was $0.00 Mil. Quantum Battery Metals Co's annualized EBITDA for the quarter that ended in Oct. 2023 was $-0.70 Mil. Quantum Battery Metals Co's annualized Debt-to-EBITDA for the quarter that ended in Oct. 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 Quantum Battery Metals Co's Debt-to-EBITDA or its related term are showing as below:

BRVVF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.26   Med: -0.42   Max: -0.05
Current: -0.7

During the past 12 years, the highest Debt-to-EBITDA Ratio of Quantum Battery Metals Co was -0.05. The lowest was -2.26. And the median was -0.42.

BRVVF's Debt-to-EBITDA is ranked worse than
100% of 542 companies
in the Metals & Mining industry
Industry Median: 2.015 vs BRVVF: -0.70

Quantum Battery Metals Co Debt-to-EBITDA Historical Data

The historical data trend for Quantum Battery Metals Co'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.

Quantum Battery Metals Co Debt-to-EBITDA Chart

Quantum Battery Metals Co Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.05 -2.26 -0.07 -0.67

Quantum Battery Metals Co Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 -1.66 -1.82 -2.24 -0.27 -0.66

Competitive Comparison of Quantum Battery Metals Co's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Quantum Battery Metals Co'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.


Quantum Battery Metals Co's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Quantum Battery Metals Co's Debt-to-EBITDA falls into.



Quantum Battery Metals Co Debt-to-EBITDA Calculation

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

Quantum Battery Metals Co's Debt-to-EBITDA for the fiscal year that ended in Jan. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.328 + 0) / -0.492
=-0.67

Quantum Battery Metals Co's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.461 + 0) / -0.704
=-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 (Oct. 2023) EBITDA data.


Quantum Battery Metals Co  (OTCPK:BRVVF) 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.


Quantum Battery Metals Co Debt-to-EBITDA Related Terms

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


Quantum Battery Metals Co (Quantum Battery Metals Co) Business Description

Traded in Other Exchanges
Address
400 - 837 West Hastings Street, Vancouver, BC, CAN, V6C 3N6
Quantum Battery Metals Co is a mineral exploration company in Canada. It is currently in the process of identifying, exploring, and developing mineral properties. The projects of the company include the Kelso Lithium Property, Nipissing Lorrain Cobalt property, Kahuna Cobalt, Albanel Lithium Property, Property Rabbit Cobalt property, Lac Mistumis Lithium Property, and Rose West Lithium Property.

Quantum Battery Metals Co (Quantum Battery Metals Co) Headlines