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Range Impact (Range Impact) Debt-to-EBITDA : 2.92 (As of Dec. 2023)


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What is Range Impact Debt-to-EBITDA?

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

Range Impact's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.16 Mil. Range Impact's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $5.25 Mil. Range Impact's annualized EBITDA for the quarter that ended in Dec. 2023 was $3.56 Mil. Range Impact's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 2.92.

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

RNGE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.5   Med: -0.03   Max: 1.92
Current: 1.92

During the past 13 years, the highest Debt-to-EBITDA Ratio of Range Impact was 1.92. The lowest was -8.50. And the median was -0.03.

RNGE's Debt-to-EBITDA is ranked better than
51.3% of 538 companies
in the Metals & Mining industry
Industry Median: 2.015 vs RNGE: 1.92

Range Impact Debt-to-EBITDA Historical Data

The historical data trend for Range Impact'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.

Range Impact Debt-to-EBITDA Chart

Range Impact Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.03 - -8.50 1.92

Range Impact 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 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 7.35 7.18 3.24 0.66 2.92

Competitive Comparison of Range Impact's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Range Impact'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.


Range Impact's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Range Impact Debt-to-EBITDA Calculation

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

Range Impact's Debt-to-EBITDA for the fiscal year 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
=(5.156 + 5.25) / 5.419
=1.92

Range Impact'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
=(5.156 + 5.25) / 3.564
=2.92

* 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.


Range Impact  (OTCPK:RNGE) 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.


Range Impact Debt-to-EBITDA Related Terms

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


Range Impact (Range Impact) Business Description

Traded in Other Exchanges
N/A
Address
200 Park Avenue, Suite 400, Cleveland, OH, USA, 44122
Range Impact Inc is dedicated to improving the health and wellness of people and the planet through a novel and innovative approach to impact investing. Range Impact owns and operates several complementary operating businesses focused on developing long-term solutions to environmental, social, and health challenges, with a particular focus on acquiring, reclaiming and repurposing mine sites and other undervalued land in economically disadvantaged communities throughout Appalachia. Range Impact takes an opportunistic approach to impact investing by leveraging its competitive advantages and looking at solving old problems in new ways.
Executives
Edward F Feighan director 10055 SWEET VALLEY DRIVE, CLEVELAND OH 44125
Michael R. Cavanaugh director 18545 PARKLAND DRIVE, SHAKER HEIGHTS OH 44122
Joseph E. Loconti 10 percent owner 6140 PARKLAND BLVD., MAYFIELD HEIGHTS OH 44124
Indemnity National Insurance Co 10 percent owner 238 BEDFORD WAY, FRANKLIN TN 37064
Brandon Joel Zipp officer: Chief Science Officer 2439 EVERLEY CIRCLE, ROSEVILLE CA 95747
Richard Mckilligan officer: CFO, Secretary and Counsel 10990 WILSHIRE BOULEVARD, STE 1410, LOS ANGELES CA 90024
Richard F Celeste director C/O GLIMCHER REALTY TRUST, 180 EAST BROAD STREET, COLUMBUS OH 43215
Maida Anthony E Iii director 157 TECHNOLOGY DR, IRVINE CA 92618
Robert T. Brooke officer: VP of Business Devevlopment 1601 N. SEPULVEDA BLVD., #632, MANHATTAN BEACH CA 90266
Avtar S Dhillon director, 10 percent owner, officer: President,CEO,CFO,Sec and Tres C/O GENETRONICS INC, 11199 SORRENTO VALLEY ROAD, SAN DIEGO CA 92121
Tao Chen director, 10 percent owner, officer: President SUITE 403, 2-46 DEZHENNAN ROAD, GUANGZHOU CITY, GUANGDONG PROV F4 111111111