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Galiano Gold (Galiano Gold) Debt-to-EBITDA

: -0.01 (As of Dec. 2023)
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Debt-to-EBITDA measures a company's ability to pay off its debt.

Galiano Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.13 Mil. Galiano Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was $0.08 Mil. Galiano Gold's annualized EBITDA for the quarter that ended in Dec. 2023 was $-22.89 Mil. Galiano Gold's annualized Debt-to-EBITDA for the quarter that ended in Dec. 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 Galiano Gold's Debt-to-EBITDA or its related term are showing as below:

GAU' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -13.1   Med: 0.01   Max: 2.4
Current: 0.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of Galiano Gold was 2.40. The lowest was -13.10. And the median was 0.01.

GAU's Debt-to-EBITDA is ranked better than
99.82% of 544 companies
in the Metals & Mining industry
Industry Median: 2.065 vs GAU: 0.01

Galiano Gold Debt-to-EBITDA Historical Data

The historical data trend for Galiano 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.

Galiano Gold Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.01 -0.01 0.01 0.01

Galiano Gold 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 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 Premium Member Only Premium Member Only Premium Member Only - 0.01 0.01 0.01 -0.01

Competitive Comparison

For the Gold subindustry, Galiano 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.


Galiano Gold Debt-to-EBITDA Distribution

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

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



Galiano Gold Debt-to-EBITDA Calculation

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

Galiano Gold'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
=(0.125 + 0.078) / 26.245
=0.01

Galiano Gold'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
=(0.125 + 0.078) / -22.892
=-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 (Dec. 2023) EBITDA data.


Galiano Gold  (AMEX:GAU) 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.


Galiano Gold Debt-to-EBITDA Related Terms

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


Galiano Gold (Galiano Gold) Business Description

Traded in Other Exchanges
Address
1066 West Hastings Street, Suite 1640, Vancouver, BC, CAN, V6E 3X1
Galiano Gold Inc is focused on building a sustainable business capable of long term value creation for its stakeholders through a combination of exploration, accretive acquisitions, and the disciplined deployment of its financial resources. The company currently operates and manages the Asanko Gold Mine, located in Ghana, West Africa. Its Asanko Gold Mine is a multi-deposit complex, with two main deposits, the Obotan Project and the Esaase Project, both located in the Amansie West District of the Republic of Ghana, West Africa.