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Northstar Gold (XCNQ:NSG) Debt-to-EBITDA : 0.00 (As of Jan. 2024)


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What is Northstar Gold Debt-to-EBITDA?

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

Northstar Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Northstar Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Northstar Gold's annualized EBITDA for the quarter that ended in Jan. 2024 was C$-1.91 Mil. Northstar Gold'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 Northstar Gold's Debt-to-EBITDA or its related term are showing as below:

XCNQ:NSG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.05   Med: -0.02   Max: -0.02
Current: -0.05

During the past 4 years, the highest Debt-to-EBITDA Ratio of Northstar Gold was -0.02. The lowest was -0.05. And the median was -0.02.

XCNQ:NSG's Debt-to-EBITDA is ranked worse than
100% of 538 companies
in the Metals & Mining industry
Industry Median: 1.98 vs XCNQ:NSG: -0.05

Northstar Gold Debt-to-EBITDA Historical Data

The historical data trend for Northstar Gold'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.

Northstar Gold Debt-to-EBITDA Chart

Northstar Gold Annual Data
Trend Apr19 Apr20 Apr21 Apr22
Debt-to-EBITDA
- - -0.02 -0.02

Northstar Gold Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Jul23 Oct23 Jan24
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 -0.05 -0.04 -0.05 -0.03 -

Competitive Comparison of Northstar Gold's Debt-to-EBITDA

For the Gold subindustry, Northstar Gold'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.


Northstar Gold's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Northstar Gold Debt-to-EBITDA Calculation

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

Northstar Gold's Debt-to-EBITDA for the fiscal year that ended in Apr. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.06 + 0) / -2.772
=-0.02

Northstar Gold'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) / -1.912
=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.


Northstar Gold  (XCNQ:NSG) 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.


Northstar Gold Debt-to-EBITDA Related Terms

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


Northstar Gold (XCNQ:NSG) Business Description

Traded in Other Exchanges
Address
17 Wellington Street North, Box 2529, New Liskeard, ON, CAN, P0J 1P0
Northstar Gold Corp is engaged in the exploration, development, and acquisition of quality exploration properties in the prolific Abitibi Greenstone Belt. The company's flagship property is the 100% owned Miller Gold Property, situated southeast of Kirkland Lake and Kirkland Lake Gold's Macassa SMC gold mine. The company's projects include Boston Creek - Miller Project, Bryce Project, Temagami-Milestone and Rosegrove.
Executives
John William Pollock Director

Northstar Gold (XCNQ:NSG) Headlines

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