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Dakota Gold (Dakota Gold) Debt-to-EBITDA : -0.01 (As of Dec. 2023)


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What is Dakota Gold Debt-to-EBITDA?

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

Dakota Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.14 Mil. Dakota Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.10 Mil. Dakota Gold's annualized EBITDA for the quarter that ended in Dec. 2023 was $-37.43 Mil. Dakota Gold'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 Dakota Gold's Debt-to-EBITDA or its related term are showing as below:

DC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.67   Med: -0.67   Max: -0.01
Current: -0.01

During the past 3 years, the highest Debt-to-EBITDA Ratio of Dakota Gold was -0.01. The lowest was -0.67. And the median was -0.67.

DC's Debt-to-EBITDA is ranked worse than
100% of 538 companies
in the Metals & Mining industry
Industry Median: 1.98 vs DC: -0.01

Dakota Gold Debt-to-EBITDA Historical Data

The historical data trend for Dakota Gold'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.

Dakota Gold Debt-to-EBITDA Chart

Dakota Gold Annual Data
Trend Mar20 Mar21 Mar22
Debt-to-EBITDA
- -0.67 -

Dakota Gold Quarterly Data
Mar20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - - - -0.01 -0.01

Competitive Comparison of Dakota Gold's Debt-to-EBITDA

For the Gold subindustry, Dakota Gold'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.


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

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

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



Dakota Gold Debt-to-EBITDA Calculation

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

Dakota Gold's Debt-to-EBITDA for the fiscal year that ended in Mar. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -31.232
=0.00

Dakota Gold'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
=(0.135 + 0.095) / -37.432
=-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.


Dakota Gold  (AMEX:DC) 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.


Dakota Gold Debt-to-EBITDA Related Terms

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


Dakota Gold (Dakota Gold) Business Description

Traded in Other Exchanges
Address
106 Glendale Drive, Suite A, Lead, SD, USA, 57754
Dakota Gold Corp is a gold exploration and development company with a specific focus on revitalizing the Homestake District in Lead, South Dakota. Dakota Gold has high-caliber gold mineral properties covering over 40 thousand acres surrounding the historic Homestake Mine.
Executives
Gerald Michael Aberle director, officer: Chief Operating Officer PO BOX 568, LEAD SD 57754
Alice D. Schroeder director 1573 MALLORY LANE, SUITE 100, BRENTWOOD TN 37027
Jonathan T. Awde director, officer: President & CEO DAKOTA TERRITORY RESOURCE CORP, 141 GLENDALE DR, LEAD SD 57754
Patrick Shay Malone officer: Chief Sustainability Officer 106 GLENDALE DRIVE, SUITE A, LEAD SD 57754
Stephen T. O'rourke director P.O. BOX 9159, RAPID CITY SD 57709
Shawn Campbell officer: Chief Financial Officer 141 GLENDALE DRIVE, LEAD SD 57754
Robert Quartermain director DAKOTA TERRITORY RESOURCE CORP, 141 GLENDALE DR, LEAD SD 57754
Alex G Morrison director 1658 COLE BLVD., BLDG. 6, SUITE 210, LAKEWOOD CO 80401
James Mccoy Berry officer: Vice-President of Exploration 141 GLENDALE DRIVE, LEAD SD 57754
Jennifer S Grafton director 9540 SOUTH MAROON CIRCLE, SUITE 200, ENGLEWOOD CO 80112
Amy Koenig director 7001 MT. RUSHMORE ROAD, RAPID CITY SD 57702

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