Gold Mountain Mining (TSX:GMTN) Debt-to-EBITDA : -0.12 (As of Oct. 2023)

View and export this data going back to 2020. Start your Free Trial

What is Gold Mountain Mining Debt-to-EBITDA?

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

Gold Mountain Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.25 Mil. Gold Mountain Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$1.16 Mil. Gold Mountain Mining's annualized EBITDA for the quarter that ended in Oct. 2023 was C$-12.17 Mil. Gold Mountain Mining's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was -0.12.

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 Gold Mountain Mining's Debt-to-EBITDA or its related term are showing as below:

TSX:GMTN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -14.59 Med: -0.97 Max: -0.48
Current: -0.65

During the past 5 years, the highest Debt-to-EBITDA Ratio of Gold Mountain Mining was -0.48. The lowest was -14.59. And the median was -0.97.

TSX:GMTN's Debt-to-EBITDA is ranked worse than
100% of 543 companies
in the Metals & Mining industry
Industry Median: 2.04 vs TSX:GMTN: -0.65

Gold Mountain Mining Debt-to-EBITDA Historical Data

The historical data trend for Gold Mountain Mining'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.

Gold Mountain Mining Debt-to-EBITDA Chart

Gold Mountain Mining Annual Data

Trend

Jan19

Jan20

Jan21

Jan22

Jan23

Debt-to-EBITDA

N/A

-14.59

-1.13

-0.48

-0.81

Gold Mountain Mining Quarterly Data
	Jan19	Jan20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23
Debt-to-EBITDA	Get a 7-Day Free Trial									-0.39	2.32	0.69	-0.15	-0.12

Competitive Comparison of Gold Mountain Mining's Debt-to-EBITDA

For the Gold subindustry, Gold Mountain Mining'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.

Gold Mountain Mining's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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

Gold Mountain Mining Debt-to-EBITDA Calculation

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

Gold Mountain Mining'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
	=	(2.975	+	0.041)	/	-3.71
	=	-0.81

Gold Mountain Mining'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
	=	(0.254	+	1.158)	/	-12.172
	=	-0.12

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.

Gold Mountain Mining (TSX:GMTN) 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.

Gold Mountain Mining Debt-to-EBITDA Related Terms

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

Gold Mountain Mining (TSX:GMTN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gold Mountain Mining Corp (TSX:GMTN) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

GMTNF:USA 5XFA:Germany

Address

1285 West Pender Street, Suite 1000, Vancouver, BC, CAN, V6E 4B1

Website

https://www.gold-mountain.ca

Gold Mountain Mining Corp is a gold and silver exploration and development company. It focuses on the expansion of the resource at the Elk Gold Project, a past-producing mine located 57 km from Merritt in South Central British Columbia. It operates in a single segment, being the production of crushed ore and mineral exploration and development of resources.

Gold Mountain Mining (TSX:GMTN) Headlines

No Headlines