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Southern Empire Resources (TSXV:SMP) Debt-to-EBITDA : 0.00 (As of Jan. 2024)


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What is Southern Empire Resources Debt-to-EBITDA?

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

Southern Empire Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Southern Empire Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Southern Empire Resources's annualized EBITDA for the quarter that ended in Jan. 2024 was C$-0.72 Mil. Southern Empire Resources's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 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 Southern Empire Resources's Debt-to-EBITDA or its related term are showing as below:

TSXV:SMP's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.98
* Ranked among companies with meaningful Debt-to-EBITDA only.

Southern Empire Resources Debt-to-EBITDA Historical Data

The historical data trend for Southern Empire Resources'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.

Southern Empire Resources Debt-to-EBITDA Chart

Southern Empire Resources Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Debt-to-EBITDA
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Southern Empire Resources Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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Competitive Comparison of Southern Empire Resources's Debt-to-EBITDA

For the Gold subindustry, Southern Empire Resources'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.


Southern Empire Resources's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Southern Empire Resources's Debt-to-EBITDA falls into.



Southern Empire Resources Debt-to-EBITDA Calculation

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

Southern Empire Resources's Debt-to-EBITDA for the fiscal year that ended in Oct. 2023 is calculated as

Southern Empire Resources's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.724
=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 (Jan. 2024) EBITDA data.


Southern Empire Resources  (TSXV:SMP) 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.


Southern Empire Resources Debt-to-EBITDA Related Terms

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


Southern Empire Resources (TSXV:SMP) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 420, Vancouver, BC, CAN, V6C 1H2
Southern Empire Resources Corp is a Canadian mining exploration company focused on expanding and developing known high-grade oxide gold deposits at its two properties in the southwestern USA namely Oro Cruz and Eastgate. It also holds an interest in Pedro Gold Project.
Executives
Dale Wallster Director

Southern Empire Resources (TSXV:SMP) Headlines