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Rainbow Rare Earths (Rainbow Rare Earths) Debt-to-EBITDA : -0.25 (As of Dec. 2023)


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What is Rainbow Rare Earths Debt-to-EBITDA?

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

Rainbow Rare Earths's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.30 Mil. Rainbow Rare Earths's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.34 Mil. Rainbow Rare Earths's annualized EBITDA for the quarter that ended in Dec. 2023 was $-2.61 Mil. Rainbow Rare Earths's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.24.

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 Rainbow Rare Earths's Debt-to-EBITDA or its related term are showing as below:

RBWRF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -2.28   Med: -0.28   Max: -0.02
Current: -0.05

During the past 10 years, the highest Debt-to-EBITDA Ratio of Rainbow Rare Earths was -0.02. The lowest was -2.28. And the median was -0.28.

RBWRF's Debt-to-EBITDA is ranked worse than
100% of 538 companies
in the Metals & Mining industry
Industry Median: 1.98 vs RBWRF: -0.05

Rainbow Rare Earths Debt-to-EBITDA Historical Data

The historical data trend for Rainbow Rare Earths'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.

Rainbow Rare Earths Debt-to-EBITDA Chart

Rainbow Rare Earths Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.17 -1.03 -0.81 -0.25 -0.04

Rainbow Rare Earths Semi-Annual Data
Jun14 Jun15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 -0.29 -0.25 -0.32 -0.02 -0.25

Competitive Comparison of Rainbow Rare Earths's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Rainbow Rare Earths'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.


Rainbow Rare Earths's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Rainbow Rare Earths Debt-to-EBITDA Calculation

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

Rainbow Rare Earths'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
=(0.224 + 0.306) / -12.364
=-0.04

Rainbow Rare Earths'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
=(0.297 + 0.342) / -2.612
=-0.24

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Rainbow Rare Earths  (OTCPK:RBWRF) 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.


Rainbow Rare Earths Debt-to-EBITDA Related Terms

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


Rainbow Rare Earths (Rainbow Rare Earths) Business Description

Traded in Other Exchanges
Address
St Julian's Avenue, Connaught House, Saint Peter Port, GGY, GY1 3EL
Rainbow Rare Earths Ltd aims to be a forerunner in the establishment of an independent and ethical supply chain of the rare earth elements that are driving the green energy transition. It is doing this successfully via the identification and development of secondary rare earth deposits that can be brought into production quicker and at a lower cost than traditional hard rock mining projects, with a focus on the magnet rare earth elements neodymium & praseodymium, dysprosium & terbium. It is focused on the development of the Phalaborwa Project and the earlier stage Uberaba Project. Both projects entail the recovery of rare earths from phosphogypsum stacks that occur as the by-product of phosphoric acid production, with the original source rock for both deposits being a hardrock carbonatite.

Rainbow Rare Earths (Rainbow Rare Earths) Headlines

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