Avalon Advanced Materials (TSX:AVL) Debt-to-EBITDA : 0.19 (As of Nov. 2023)

Avalon Advanced Materials Debt-to-EBITDA Chart

Avalon Advanced Materials Annual Data
	Trend	Aug12	Aug13	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21
Debt-to-EBITDA		Get a 7-Day Free Trial					-	-	-0.05	-0.16	-0.94

Avalon Advanced Materials Quarterly Data
	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Nov22	Feb23	May23	Nov23
Debt-to-EBITDA	Get a 7-Day Free Trial															-0.76	-1.91	-0.69	-0.45	0.19

Competitive Comparison of Avalon Advanced Materials's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Avalon Advanced Materials'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.

Avalon Advanced Materials's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Avalon Advanced Materials's Debt-to-EBITDA falls into.

Avalon Advanced Materials Debt-to-EBITDA Calculation

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

Avalon Advanced Materials's Debt-to-EBITDA for the fiscal year that ended in Aug. 2021 is calculated as

Avalon Advanced Materials'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.

Avalon Advanced Materials  (TSX:AVL) 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.

Avalon Advanced Materials Debt-to-EBITDA Related Terms

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Avalon Advanced Materials (TSX:AVL) Business Description