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Jupiter Gold (Jupiter Gold) Debt-to-EBITDA : -0.67 (As of Dec. 2023)


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What is Jupiter Gold Debt-to-EBITDA?

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

Jupiter Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.67 Mil. Jupiter Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.00 Mil. Jupiter Gold's annualized EBITDA for the quarter that ended in Dec. 2023 was $-1.00 Mil. Jupiter Gold's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.67.

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 Jupiter Gold's Debt-to-EBITDA or its related term are showing as below:

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

During the past 8 years, the highest Debt-to-EBITDA Ratio of Jupiter Gold was -0.67. The lowest was -0.67. And the median was -0.67.

JUPGF's Debt-to-EBITDA is ranked worse than
100% of 534 companies
in the Metals & Mining industry
Industry Median: 1.965 vs JUPGF: -0.67

Jupiter Gold Debt-to-EBITDA Historical Data

The historical data trend for Jupiter 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.

Jupiter Gold Debt-to-EBITDA Chart

Jupiter Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial - - - - -0.67

Jupiter Gold Semi-Annual Data
Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA Get a 7-Day Free Trial - - - - -0.67

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

For the Gold subindustry, Jupiter 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.


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

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

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



Jupiter Gold Debt-to-EBITDA Calculation

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

Jupiter Gold'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
=(0.674 + 0) / -1.001
=-0.67

Jupiter 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
=(0.674 + 0) / -1.001
=-0.67

* 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 one times the quarterly (Dec. 2023) EBITDA data.


Jupiter Gold  (OTCPK:JUPGF) 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.


Jupiter Gold Debt-to-EBITDA Related Terms

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


Jupiter Gold (Jupiter Gold) Business Description

Traded in Other Exchanges
N/A
Address
Rua Vereador Joao Alves Praes No. 95-A, Olhos D'Agua, MG, BRA, 39398-000
Jupiter Gold Corporation is an exploration company focused on gold discoveries in Brazil. The group holds an interest in a project such as Alpha, Paracatu, Crixas, Apui, Brotas, and others.