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North Stawell Minerals (ASX:NSM) Debt-to-EBITDA : -0.01 (As of Dec. 2023)


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What is North Stawell Minerals Debt-to-EBITDA?

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

North Stawell Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.03 Mil. North Stawell Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.00 Mil. North Stawell Minerals's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-2.27 Mil. North Stawell Minerals'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 North Stawell Minerals's Debt-to-EBITDA or its related term are showing as below:

ASX:NSM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.01   Med: 0   Max: 0
Current: -0.01

ASX:NSM's Debt-to-EBITDA is ranked worse than
100% of 528 companies
in the Metals & Mining industry
Industry Median: 1.98 vs ASX:NSM: -0.01

North Stawell Minerals Debt-to-EBITDA Historical Data

The historical data trend for North Stawell Minerals'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.

North Stawell Minerals Debt-to-EBITDA Chart

North Stawell Minerals Annual Data
Trend Jun21 Jun22 Jun23
Debt-to-EBITDA
- - -

North Stawell Minerals Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial - - - - -0.01

Competitive Comparison of North Stawell Minerals's Debt-to-EBITDA

For the Gold subindustry, North Stawell Minerals'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.


North Stawell Minerals's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where North Stawell Minerals's Debt-to-EBITDA falls into.



North Stawell Minerals Debt-to-EBITDA Calculation

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

North Stawell Minerals's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -2.003
=0.00

North Stawell Minerals'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
=(0.03 + 0) / -2.272
=-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 two times the quarterly (Dec. 2023) EBITDA data.


North Stawell Minerals  (ASX:NSM) 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.


North Stawell Minerals Debt-to-EBITDA Related Terms

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


North Stawell Minerals (ASX:NSM) Business Description

Traded in Other Exchanges
N/A
Address
Leviathan Road, Stawell, VIC, AUS, 3380
North Stawell Minerals Ltd is engaged in the exploration and development of gold deposits. The company holds interests in prospective tenements to the North of the 5Moz Stawell Gold Mine in Victoria, Australia. The projects include Wildwood, Barrabool, Glenorchy, Germania, West Barrabool, Wimmera Park Granite and Deep.