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Surface Metals (XCNQ:SUR) Debt-to-EBITDA : -0.31 (As of Mar. 2025)


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What is Surface Metals Debt-to-EBITDA?

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

Surface Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$0.04 Mil. Surface Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was C$0.08 Mil. Surface Metals's annualized EBITDA for the quarter that ended in Mar. 2025 was C$-0.39 Mil. Surface Metals's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 was -0.31.

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 Surface Metals's Debt-to-EBITDA or its related term are showing as below:

XCNQ:SUR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.93   Med: -0.95   Max: -0.11
Current: -0.19

During the past 7 years, the highest Debt-to-EBITDA Ratio of Surface Metals was -0.11. The lowest was -1.93. And the median was -0.95.

XCNQ:SUR's Debt-to-EBITDA is ranked worse than
100% of 530 companies
in the Metals & Mining industry
Industry Median: 1.58 vs XCNQ:SUR: -0.19

Surface Metals Debt-to-EBITDA Historical Data

The historical data trend for Surface Metals'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.

Surface Metals Debt-to-EBITDA Chart

Surface Metals Annual Data
Trend Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Debt-to-EBITDA
Get a 7-Day Free Trial -1.41 - - -0.11 -0.18

Surface Metals Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 -0.21 -0.16 -0.22 -0.24 -0.31

Competitive Comparison of Surface Metals's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Surface Metals'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.


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

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

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


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Surface Metals Debt-to-EBITDA Calculation

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

Surface Metals's Debt-to-EBITDA for the fiscal year that ended in Sep. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.034 + 0.103) / -0.784
=-0.17

Surface Metals's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.038 + 0.083) / -0.388
=-0.31

* 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 (Mar. 2025) EBITDA data.


Surface Metals  (XCNQ:SUR) 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.


Surface Metals Debt-to-EBITDA Related Terms

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


Surface Metals Business Description

Traded in Other Exchanges
Address
318 - 1199 West Pender Street, Vancouver, BC, CAN, V6E 2R1
Surface Metals Inc formerly ACME Lithium Inc is a mineral exploration company engaged in the acquisition, exploration, and evaluation of natural resource properties located in the State of Nevada, USA, and Manitoba, Canada. The company's projects include Clayton valley, Fish lake valley, Shatford lake, Cat-Euclid lake, Birse lake, and Bailey lake.
Executives
Vivian Andrea Katsuris Director
Stephen Hanson Director

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