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American Pacific Mining (XCNQ:USGD) Debt-to-EBITDA : 0.09 (As of Dec. 2023)


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What is American Pacific Mining Debt-to-EBITDA?

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

American Pacific Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.45 Mil. American Pacific Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.77 Mil. American Pacific Mining's annualized EBITDA for the quarter that ended in Dec. 2023 was C$13.26 Mil. American Pacific Mining's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.09.

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

XCNQ:USGD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.15   Med: -0.08   Max: -0.01
Current: -0.14

During the past 7 years, the highest Debt-to-EBITDA Ratio of American Pacific Mining was -0.01. The lowest was -0.15. And the median was -0.08.

XCNQ:USGD's Debt-to-EBITDA is ranked worse than
100% of 534 companies
in the Metals & Mining industry
Industry Median: 1.965 vs XCNQ:USGD: -0.14

American Pacific Mining Debt-to-EBITDA Historical Data

The historical data trend for American Pacific 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.

American Pacific Mining Debt-to-EBITDA Chart

American Pacific Mining Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial - - - -0.01 -0.15

American Pacific Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -0.01 -0.02 -0.32 -0.43 0.09

Competitive Comparison of American Pacific Mining's Debt-to-EBITDA

For the Gold subindustry, American Pacific 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.


American Pacific Mining's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



American Pacific Mining Debt-to-EBITDA Calculation

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

American Pacific Mining's Debt-to-EBITDA for the fiscal year 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
=(0.452 + 0.767) / -7.969
=-0.15

American Pacific Mining'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
=(0.452 + 0.767) / 13.264
=0.09

* 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.


American Pacific Mining  (XCNQ:USGD) 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.


American Pacific Mining Debt-to-EBITDA Related Terms

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


American Pacific Mining (XCNQ:USGD) Business Description

Traded in Other Exchanges
Address
510 Burrard Street, Suite 910, Vancouver, BC, CAN, V6C 3A8
American Pacific Mining Corp is engaged in the business of mineral exploration and development. The company's only reportable segment is the exploration and evaluation of mineral properties. Its project holdings include Tuscarora located in Nevada, USA, South Lida located in the south-central part of Esmeralda County, Nevada, and Gooseberry project.
Executives
Joness Lang Director, Senior Officer

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