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Purepoint Uranium Group (TSXV:PTU) Debt-to-EBITDA : -0.01 (As of Dec. 2023)


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What is Purepoint Uranium Group Debt-to-EBITDA?

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

Purepoint Uranium Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.04 Mil. Purepoint Uranium Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.04 Mil. Purepoint Uranium Group's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-6.32 Mil. Purepoint Uranium Group's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.01.

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 Purepoint Uranium Group's Debt-to-EBITDA or its related term are showing as below:

TSXV:PTU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.06   Med: -0.03   Max: -0.01
Current: -0.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Purepoint Uranium Group was -0.01. The lowest was -0.06. And the median was -0.03.

TSXV:PTU's Debt-to-EBITDA is ranked worse than
100% of 106 companies
in the Other Energy Sources industry
Industry Median: 1.235 vs TSXV:PTU: -0.02

Purepoint Uranium Group Debt-to-EBITDA Historical Data

The historical data trend for Purepoint Uranium Group'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.

Purepoint Uranium Group Debt-to-EBITDA Chart

Purepoint Uranium Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.04 -0.01 - -0.01

Purepoint Uranium Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - -0.01 -0.05 -0.01

Competitive Comparison of Purepoint Uranium Group's Debt-to-EBITDA

For the Uranium subindustry, Purepoint Uranium Group'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.


Purepoint Uranium Group's Debt-to-EBITDA Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Purepoint Uranium Group's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Purepoint Uranium Group's Debt-to-EBITDA falls into.



Purepoint Uranium Group Debt-to-EBITDA Calculation

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

Purepoint Uranium Group'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
=(0.035 + 0.04) / -5.488
=-0.01

Purepoint Uranium Group'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
=(0.035 + 0.04) / -6.32
=-0.01

* 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.


Purepoint Uranium Group  (TSXV:PTU) 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.


Purepoint Uranium Group Debt-to-EBITDA Related Terms

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


Purepoint Uranium Group (TSXV:PTU) Business Description

Traded in Other Exchanges
Address
120 Adelaide Street West, Suite 2500, Toronto, ON, CAN, M5H 1T1
Purepoint Uranium Group Inc is a resource company engaged in the acquisition, exploration, and development of properties to produce uranium. Its mineral properties are all located in the Athabasca Basin, Northern Saskatchewan, Canada. The group's properties include Hook Lake, Red Willow, Turnor Lake, Henday Lake, Smart Lake, Tabbernor Block, and Umfreville Lake.

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