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Appia Rare Earths & Uranium (XCNQ:API) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Appia Rare Earths & Uranium Debt-to-EBITDA?

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

Appia Rare Earths & Uranium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Appia Rare Earths & Uranium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Appia Rare Earths & Uranium's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-2.15 Mil. Appia Rare Earths & Uranium's annualized Debt-to-EBITDA for the quarter that ended in Dec. 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 Appia Rare Earths & Uranium's Debt-to-EBITDA or its related term are showing as below:

XCNQ:API's Debt-to-EBITDA is not ranked *
in the Other Energy Sources industry.
Industry Median: 1.22
* Ranked among companies with meaningful Debt-to-EBITDA only.

Appia Rare Earths & Uranium Debt-to-EBITDA Historical Data

The historical data trend for Appia Rare Earths & Uranium'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.

Appia Rare Earths & Uranium Debt-to-EBITDA Chart

Appia Rare Earths & Uranium Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
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Appia Rare Earths & Uranium Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Appia Rare Earths & Uranium's Debt-to-EBITDA

For the Uranium subindustry, Appia Rare Earths & Uranium'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.


Appia Rare Earths & Uranium's Debt-to-EBITDA Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Appia Rare Earths & Uranium's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Appia Rare Earths & Uranium's Debt-to-EBITDA falls into.



Appia Rare Earths & Uranium Debt-to-EBITDA Calculation

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

Appia Rare Earths & Uranium's Debt-to-EBITDA for the fiscal year 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 + 0) / -2.617
=0.00

Appia Rare Earths & Uranium'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 + 0) / -2.148
=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 (Dec. 2023) EBITDA data.


Appia Rare Earths & Uranium  (XCNQ:API) 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.


Appia Rare Earths & Uranium Debt-to-EBITDA Related Terms

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


Appia Rare Earths & Uranium (XCNQ:API) Business Description

Traded in Other Exchanges
Address
2 Toronto Street, Suite 500, Toronto, ON, CAN, M5C 2B6
Appia Rare Earths & Uranium Corp operates as a mineral exploration company in Canada. It explores uranium and rare earth elements. The company holds interests in Alces Lake rare earth project as well as its Athabasca Basin uranium prospects.
Executives
Stephen Burega Senior Officer

Appia Rare Earths & Uranium (XCNQ:API) Headlines