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New Talisman Gold Mines (ASX:NTL) Debt-to-EBITDA : -1.29 (As of Sep. 2023)


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What is New Talisman Gold Mines Debt-to-EBITDA?

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

New Talisman Gold Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$0.93 Mil. New Talisman Gold Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was A$0.00 Mil. New Talisman Gold Mines's annualized EBITDA for the quarter that ended in Sep. 2023 was A$-0.72 Mil. New Talisman Gold Mines's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was -1.29.

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 New Talisman Gold Mines's Debt-to-EBITDA or its related term are showing as below:

ASX:NTL' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.42   Med: -0.09   Max: -0.01
Current: -0.42

During the past 13 years, the highest Debt-to-EBITDA Ratio of New Talisman Gold Mines was -0.01. The lowest was -0.42. And the median was -0.09.

ASX:NTL's Debt-to-EBITDA is ranked worse than
100% of 531 companies
in the Metals & Mining industry
Industry Median: 1.98 vs ASX:NTL: -0.42

New Talisman Gold Mines Debt-to-EBITDA Historical Data

The historical data trend for New Talisman Gold Mines'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.

New Talisman Gold Mines Debt-to-EBITDA Chart

New Talisman Gold Mines Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - -0.09 -0.01 -0.39

New Talisman Gold Mines Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 -0.01 -0.79 -0.25 -1.29

Competitive Comparison of New Talisman Gold Mines's Debt-to-EBITDA

For the Gold subindustry, New Talisman Gold Mines'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.


New Talisman Gold Mines's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



New Talisman Gold Mines Debt-to-EBITDA Calculation

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

New Talisman Gold Mines's Debt-to-EBITDA for the fiscal year that ended in Mar. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.947 + 0) / -2.419
=-0.39

New Talisman Gold Mines's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.926 + 0) / -0.716
=-1.29

* 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 two times the quarterly (Sep. 2023) EBITDA data.


New Talisman Gold Mines  (ASX:NTL) 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.


New Talisman Gold Mines Debt-to-EBITDA Related Terms

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


New Talisman Gold Mines (ASX:NTL) Business Description

Traded in Other Exchanges
Address
2b Gibraltar Cres, Parnell, Auckland, NTL, NZL, 1052
New Talisman Gold Mines Ltd is engaged in mine development and mineral exploration. The company's projects include the Talisman mine project. The Talisman mine comprises the Maria, crown or welcome, and mystery veins. The Talisman permit and the Karangahake gold project are located in the southern part of the Coromandel volcanic zone, a north-northwest trending zone of Miocene to early Quaternary sub-aerial calc-alkaline volcanic, During the current period, the company had one business segment - mineral exploration, within New Zealand and Vanuatu.

New Talisman Gold Mines (ASX:NTL) Headlines

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