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Gold and GemStone Mining (Gold and GemStone Mining) Debt-to-EBITDA : -0.19 (As of Oct. 2014)


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What is Gold and GemStone Mining Debt-to-EBITDA?

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

Gold and GemStone Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2014 was $0.11 Mil. Gold and GemStone Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2014 was $0.02 Mil. Gold and GemStone Mining's annualized EBITDA for the quarter that ended in Oct. 2014 was $-0.69 Mil. Gold and GemStone Mining's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2014 was -0.19.

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

GGSM's Debt-to-EBITDA is not ranked *
in the Transportation industry.
Industry Median: 2.83
* Ranked among companies with meaningful Debt-to-EBITDA only.

Gold and GemStone Mining Debt-to-EBITDA Historical Data

The historical data trend for Gold and GemStone 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.

Gold and GemStone Mining Debt-to-EBITDA Chart

Gold and GemStone Mining Annual Data
Trend Jan10 Jan11 Jan12
Debt-to-EBITDA
- - -0.36

Gold and GemStone Mining Quarterly Data
Jan10 Apr10 Jul10 Oct10 Jan11 Apr11 Jul11 Oct11 Jan12 Apr12 Jul12 Oct12 Jan13 Apr13 Jul13 Oct13 Apr14 Jul14 Oct14
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 -0.34 -0.41 -0.19 -74.25 -0.19

Competitive Comparison of Gold and GemStone Mining's Debt-to-EBITDA

For the Marine Shipping subindustry, Gold and GemStone 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.


Gold and GemStone Mining's Debt-to-EBITDA Distribution in the Transportation Industry

For the Transportation industry and Industrials sector, Gold and GemStone Mining's Debt-to-EBITDA distribution charts can be found below:

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



Gold and GemStone Mining Debt-to-EBITDA Calculation

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

Gold and GemStone Mining's Debt-to-EBITDA for the fiscal year that ended in Jan. 2012 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.01 + 0) / -0.028
=-0.36

Gold and GemStone Mining's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.11 + 0.023) / -0.692
=-0.19

* 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 (Oct. 2014) EBITDA data.


Gold and GemStone Mining  (OTCPK:GGSM) 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.


Gold and GemStone Mining Debt-to-EBITDA Related Terms

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Gold and GemStone Mining (Gold and GemStone Mining) Business Description

Traded in Other Exchanges
N/A
Address
Jln. Jend. S. Parman Kav. 22-24, Grand Slipi Tower, Jakarta, IDN, 11480
Gold and GemStone Mining Inc is an exploration stage company. It is engaged in the acquisition, exploration, and development of gold and other silver properties. The company's mining claims include British Columbia Canada, Sinaloa, Mexico for gold and rare earth elements. Its project includes Chihuahua and Gringo Viejo project in Mexico. The company is also engaged in the charter boat business in the Mentawai Islands and Beyond.