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Pinnacle Silver and Gold (TSXV:PINN) Debt-to-EBITDA : -0.06 (As of Jan. 2024)


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What is Pinnacle Silver and Gold Debt-to-EBITDA?

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

Pinnacle Silver and Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.00 Mil. Pinnacle Silver and Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2024 was C$0.04 Mil. Pinnacle Silver and Gold's annualized EBITDA for the quarter that ended in Jan. 2024 was C$-0.70 Mil. Pinnacle Silver and Gold's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2024 was -0.06.

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 Pinnacle Silver and Gold's Debt-to-EBITDA or its related term are showing as below:

TSXV:PINN' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.26   Med: -0.02   Max: -0.01
Current: -0.04

During the past 13 years, the highest Debt-to-EBITDA Ratio of Pinnacle Silver and Gold was -0.01. The lowest was -0.26. And the median was -0.02.

TSXV:PINN's Debt-to-EBITDA is ranked worse than
100% of 541 companies
in the Metals & Mining industry
Industry Median: 1.98 vs TSXV:PINN: -0.04

Pinnacle Silver and Gold Debt-to-EBITDA Historical Data

The historical data trend for Pinnacle Silver and 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.

Pinnacle Silver and Gold Debt-to-EBITDA Chart

Pinnacle Silver and Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.01 -0.01 -0.02 -0.03

Pinnacle Silver and Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 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 -0.14 -0.05 -0.03 -0.04 -0.06

Competitive Comparison of Pinnacle Silver and Gold's Debt-to-EBITDA

For the Gold subindustry, Pinnacle Silver and 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.


Pinnacle Silver and Gold's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Pinnacle Silver and Gold Debt-to-EBITDA Calculation

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

Pinnacle Silver and Gold's Debt-to-EBITDA for the fiscal year that ended in Apr. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.04 + 0) / -1.219
=-0.03

Pinnacle Silver and 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 + 0.04) / -0.696
=-0.06

* 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.


Pinnacle Silver and Gold  (TSXV:PINN) 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.


Pinnacle Silver and Gold Debt-to-EBITDA Related Terms

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


Pinnacle Silver and Gold (TSXV:PINN) Business Description

Traded in Other Exchanges
Address
750 West Pender Street, Suite 250, Vancouver, BC, CAN, V6C 3B6
Newrange Gold Corp has signed a binding Definitive Agreement for an RTO with ASX-listed Mithril Resources to create a new Americas-focused precious metals exploration & development company. The flagship project will be the high-grade gold-silver Copalquin Project in the Sierra Madre of Mexico. The Company will also continue to focus on district-scale exploration for precious metals in the prolific Red Lake District of northwestern Ontario. The past-producing high-grade Argosy Gold Mine is open to depth, while the adjacent North Birch Project offers additional blue-sky potential. Both projects lie within 10-12 kilometres of the Springpole Gold Deposit currently under development by First Mining Gold.

Pinnacle Silver and Gold (TSXV:PINN) Headlines

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