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Margaret Lake Diamonds (TSXV:DIA) Debt-to-EBITDA : 0.00 (As of Nov. 2023)


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What is Margaret Lake Diamonds Debt-to-EBITDA?

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

Margaret Lake Diamonds's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was C$0.00 Mil. Margaret Lake Diamonds's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was C$0.00 Mil. Margaret Lake Diamonds's annualized EBITDA for the quarter that ended in Nov. 2023 was C$-0.28 Mil. Margaret Lake Diamonds's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 was 0.00.

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 Margaret Lake Diamonds's Debt-to-EBITDA or its related term are showing as below:

TSXV:DIA's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.98
* Ranked among companies with meaningful Debt-to-EBITDA only.

Margaret Lake Diamonds Debt-to-EBITDA Historical Data

The historical data trend for Margaret Lake Diamonds'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.

Margaret Lake Diamonds Debt-to-EBITDA Chart

Margaret Lake Diamonds Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Debt-to-EBITDA
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Margaret Lake Diamonds Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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Competitive Comparison of Margaret Lake Diamonds's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, Margaret Lake Diamonds'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.


Margaret Lake Diamonds's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Margaret Lake Diamonds's Debt-to-EBITDA falls into.



Margaret Lake Diamonds Debt-to-EBITDA Calculation

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

Margaret Lake Diamonds's Debt-to-EBITDA for the fiscal year that ended in May. 2023 is calculated as

Margaret Lake Diamonds's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 is calculated as

* 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 (Nov. 2023) EBITDA data.


Margaret Lake Diamonds  (TSXV:DIA) 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.


Margaret Lake Diamonds Debt-to-EBITDA Related Terms

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


Margaret Lake Diamonds (TSXV:DIA) Business Description

Traded in Other Exchanges
N/A
Address
550 Burrard Street, Suite 1008, Vancouver, BC, CAN, V6C 2B5
Margaret Lake Diamonds Inc is focused on the exploration of mineral properties that includes diamond. The company projects include Diagras Property, Morrison Property, and Cobalt Projects.

Margaret Lake Diamonds (TSXV:DIA) Headlines

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