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Radio Fuels Energy (XCNQ:CAKE) Debt-to-EBITDA : 0.00 (As of Feb. 2024)


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What is Radio Fuels Energy Debt-to-EBITDA?

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

Radio Fuels Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Radio Fuels Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2024 was C$0.00 Mil. Radio Fuels Energy's annualized EBITDA for the quarter that ended in Feb. 2024 was C$-0.86 Mil. Radio Fuels Energy's annualized Debt-to-EBITDA for the quarter that ended in Feb. 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 Radio Fuels Energy's Debt-to-EBITDA or its related term are showing as below:

XCNQ:CAKE's Debt-to-EBITDA is not ranked *
in the Other Energy Sources industry.
Industry Median: 1.295
* Ranked among companies with meaningful Debt-to-EBITDA only.

Radio Fuels Energy Debt-to-EBITDA Historical Data

The historical data trend for Radio Fuels Energy'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.

Radio Fuels Energy Debt-to-EBITDA Chart

Radio Fuels Energy Annual Data
Trend Nov20 Nov21 Nov22 Nov23
Debt-to-EBITDA
- - - -

Radio Fuels Energy Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 - - - - -

Competitive Comparison of Radio Fuels Energy's Debt-to-EBITDA

For the Uranium subindustry, Radio Fuels Energy'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.


Radio Fuels Energy's Debt-to-EBITDA Distribution in the Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Radio Fuels Energy's Debt-to-EBITDA distribution charts can be found below:

* The bar in red indicates where Radio Fuels Energy's Debt-to-EBITDA falls into.



Radio Fuels Energy Debt-to-EBITDA Calculation

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

Radio Fuels Energy'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 + 0) / -0.612
=0.00

Radio Fuels Energy's annualized Debt-to-EBITDA for the quarter that ended in Feb. 2024 is calculated as

* 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 (Feb. 2024) EBITDA data.


Radio Fuels Energy  (XCNQ:CAKE) 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.


Radio Fuels Energy Debt-to-EBITDA Related Terms

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


Radio Fuels Energy (XCNQ:CAKE) Business Description

Traded in Other Exchanges
Address
217 Queen Street West, Suite 401, Toronto, ON, CAN, M5V 0R2
Radio Fuels Energy Corp is a mineral resource company in the development stage that is engaged in the acquisition of interests and in the exploration of, mineral resource properties. Radio Fuel's flagship property is owned by Eco Ridge Project located in Elliot Lake pounds of uranium oxide were mined from conglomerate beds by Rio Algom and Denison Mines.
Executives
Philip O'neill Director, Senior Officer