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Eskay Mining (TSXV:ESK) Debt-to-EBITDA : 0.00 (As of Nov. 2023)


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What is Eskay Mining Debt-to-EBITDA?

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

Eskay Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was C$0.00 Mil. Eskay Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was C$0.00 Mil. Eskay Mining's annualized EBITDA for the quarter that ended in Nov. 2023 was C$-6.36 Mil. Eskay Mining's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2023 was 0.00.

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 Eskay Mining's Debt-to-EBITDA or its related term are showing as below:

TSXV:ESK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.7   Med: -0.34   Max: -0.13
Current: -1.7

During the past 13 years, the highest Debt-to-EBITDA Ratio of Eskay Mining was -0.13. The lowest was -1.70. And the median was -0.34.

TSXV:ESK's Debt-to-EBITDA is ranked worse than
100% of 531 companies
in the Metals & Mining industry
Industry Median: 1.98 vs TSXV:ESK: -1.70

Eskay Mining Debt-to-EBITDA Historical Data

The historical data trend for Eskay Mining'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.

Eskay Mining Debt-to-EBITDA Chart

Eskay Mining Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.13 -0.14

Eskay Mining Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -0.15 -0.25 -0.57 - -

Competitive Comparison of Eskay Mining's Debt-to-EBITDA

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


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

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

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



Eskay Mining Debt-to-EBITDA Calculation

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

Eskay Mining's Debt-to-EBITDA for the fiscal year that ended in Feb. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(2.783 + 0) / -19.284
=-0.14

Eskay Mining's annualized Debt-to-EBITDA for the quarter that ended in Nov. 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) / -6.364
=0.00

* 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.


Eskay Mining  (TSXV:ESK) 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.


Eskay Mining Debt-to-EBITDA Related Terms

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


Eskay Mining (TSXV:ESK) Business Description

Traded in Other Exchanges
Address
82 Richmond Street East, The Canadian Venture Building, Toronto, ON, CAN, M5C 1P1
Eskay Mining Corp is engaged in the acquisition and exploration of mineral properties in British Columbia, Canada. The company holds an interest in St. Andrew Goldfield (SIB) - Eskay Project and Corey Mineral Claims. Its operations comprise a single reporting operating segment engaged in Mineral Exploration in Canada.
Executives
Hugh Mclellan Balkam Director

Eskay Mining (TSXV:ESK) Headlines

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