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US Goldmining (US Goldmining) Debt-to-EBITDA : -0.01 (As of Nov. 2023)


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What is US Goldmining Debt-to-EBITDA?

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

US Goldmining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.02 Mil. US Goldmining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2023 was $0.12 Mil. US Goldmining's annualized EBITDA for the quarter that ended in Nov. 2023 was $-15.55 Mil. US Goldmining's annualized Debt-to-EBITDA for the quarter that ended in Nov. 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 US Goldmining's Debt-to-EBITDA or its related term are showing as below:

USGO' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.02   Med: -0.56   Max: -0.01
Current: -0.01

During the past 4 years, the highest Debt-to-EBITDA Ratio of US Goldmining was -0.01. The lowest was -1.02. And the median was -0.56.

USGO's Debt-to-EBITDA is ranked worse than
100% of 534 companies
in the Metals & Mining industry
Industry Median: 1.98 vs USGO: -0.01

US Goldmining Debt-to-EBITDA Historical Data

The historical data trend for US Goldmining'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.

US Goldmining Debt-to-EBITDA Chart

US Goldmining Annual Data
Trend Nov20 Nov21 Nov22 Nov23
Debt-to-EBITDA
-1.02 -0.73 -0.39 -0.01

US Goldmining Quarterly Data
Nov20 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.19 -0.43 - -0.02 -0.01

Competitive Comparison of US Goldmining's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, US Goldmining'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.


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

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

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



US Goldmining Debt-to-EBITDA Calculation

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

US Goldmining's Debt-to-EBITDA for the fiscal year 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
=(0.017 + 0.118) / -9.746
=-0.01

US Goldmining'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
=(0.017 + 0.118) / -15.548
=-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 (Nov. 2023) EBITDA data.


US Goldmining  (NAS:USGO) 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.


US Goldmining Debt-to-EBITDA Related Terms

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


US Goldmining (US Goldmining) Business Description

Traded in Other Exchanges
Address
1030 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 2Y3
US Goldmining Inc is a mineral exploration and development company. It is a focused on the exploration and development of a project located in Alaska, USA. The company's sole property is Whistler Project which is a gold-copper exploration project located in the Yentna Mining District, approximately 150 km northwest of Anchorage, Alaska.
Executives
Goldmining Inc. 10 percent owner 1188 WEST GEORGIA STREET, SUITE 1830, VANCOUVER A1 V6E 4A2
Aleksandra Bukacheva director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Garnet Linn Dawson director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Ross Lawrence Sherlock director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Laura Schmidt director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Alastair Charles Still director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Timothy Robert Smith officer: Chief Executive Officer 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Lisa Jean Wade director 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3
Tyler Michael Wong officer: Chief Financial Officer 1030 WEST GEORGIA STREET, SUITE 1830, VANCOUVER, BC Z4 V6E 2Y3