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Silver Storm Mining (TSXV:SVRS) Debt-to-EBITDA : -0.03 (As of Sep. 2023)


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What is Silver Storm Mining Debt-to-EBITDA?

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

Silver Storm Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.24 Mil. Silver Storm Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was C$0.96 Mil. Silver Storm Mining's annualized EBITDA for the quarter that ended in Sep. 2023 was C$-44.16 Mil. Silver Storm Mining's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -0.03.

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

TSXV:SVRS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.1   Med: 0   Max: 0
Current: -0.1

TSXV:SVRS's Debt-to-EBITDA is ranked worse than
100% of 536 companies
in the Metals & Mining industry
Industry Median: 1.98 vs TSXV:SVRS: -0.10

Silver Storm Mining Debt-to-EBITDA Historical Data

The historical data trend for Silver Storm 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.

Silver Storm Mining Debt-to-EBITDA Chart

Silver Storm Mining Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
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Silver Storm Mining Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Sep23
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 - - - - -0.03

Competitive Comparison of Silver Storm Mining's Debt-to-EBITDA

For the Silver subindustry, Silver Storm 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.


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

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

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



Silver Storm Mining Debt-to-EBITDA Calculation

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

Silver Storm Mining's Debt-to-EBITDA for the fiscal year that ended in Dec. 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) / -3.118
=0.00

Silver Storm Mining's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.243 + 0.963) / -44.16
=-0.03

* 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 (Sep. 2023) EBITDA data.


Silver Storm Mining  (TSXV:SVRS) 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.


Silver Storm Mining Debt-to-EBITDA Related Terms

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


Silver Storm Mining (TSXV:SVRS) Business Description

Traded in Other Exchanges
Address
22 Adelaide Street West, Suite 2020, Bay Adelaide Centre, East Tower, Toronto, ON, CAN, M5H 4E3
Silver Storm Mining Ltd is a Canada-based company. The Company is focused on silver projects located in Durango, Mexico. It operates two projects: La Parrilla Silver Mine Complex and San Diego Project.

Silver Storm Mining (TSXV:SVRS) Headlines

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