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Inomin Mines (Inomin Mines) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Inomin Mines Debt-to-EBITDA?

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

Inomin Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Inomin Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Inomin Mines's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-0.16 Mil. Inomin Mines's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was 0.00.

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

IMINF's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

Inomin Mines Debt-to-EBITDA Historical Data

The historical data trend for Inomin 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.

Inomin Mines Debt-to-EBITDA Chart

Inomin Mines Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Debt-to-EBITDA
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Inomin Mines Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Inomin Mines's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Inomin 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.


Inomin Mines's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Inomin Mines Debt-to-EBITDA Calculation

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

Inomin 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 + 0) / -0.371
=0.00

Inomin Mines's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 is calculated as

* 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.


Inomin Mines  (OTCPK:IMINF) 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.


Inomin Mines Debt-to-EBITDA Related Terms

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


Inomin Mines (Inomin Mines) Business Description

Traded in Other Exchanges
Address
400 Burrard Street, Suite 1130, Vancouver, BC, CAN, V6C 3A6
Inomin Mines Inc is a Canadian mineral exploration company. It is engaged in the identification, exploration, and development of mineral properties. The company holds an interest in King's Point property. Its property is located in the Green Bay area of Newfoundland. The company's other projects are Beaver Magnesium-Nickel-Cobalt, Lynx Nickel, La Gitana Gold-Silver, and Pena Blanca Gold-Silver.

Inomin Mines (Inomin Mines) Headlines

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