Technology Minerals (LSE:TM1) Debt-to-EBITDA : -1.26 (As of Dec. 2023)

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What is Technology Minerals Debt-to-EBITDA?

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

Technology Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1.00 Mil. Technology Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was £1.71 Mil. Technology Minerals's annualized EBITDA for the quarter that ended in Dec. 2023 was £-2.16 Mil. Technology Minerals's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -1.26.

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 Technology Minerals's Debt-to-EBITDA or its related term are showing as below:

LSE:TM1' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.68 Med: -0.22 Max: -0.01
Current: -0.68

During the past 3 years, the highest Debt-to-EBITDA Ratio of Technology Minerals was -0.01. The lowest was -0.68. And the median was -0.22.

LSE:TM1's Debt-to-EBITDA is ranked worse than
100% of 534 companies
in the Metals & Mining industry
Industry Median: 1.98 vs LSE:TM1: -0.68

Technology Minerals Debt-to-EBITDA Historical Data

The historical data trend for Technology Minerals'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.

Technology Minerals Debt-to-EBITDA Chart

Technology Minerals Annual Data

Trend

Jun21

Jun22

Jun23

Debt-to-EBITDA

N/A

-0.01

-0.42

Technology Minerals Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Debt-to-EBITDA	-0.06	-0.01	-0.28	-0.27	-1.26

Competitive Comparison of Technology Minerals's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Technology Minerals'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.

Technology Minerals's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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

Technology Minerals Debt-to-EBITDA Calculation

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

Technology Minerals's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	1.557)	/	-3.688
	=	-0.42

Technology Minerals'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
	=	(1.004	+	1.705)	/	-2.156
	=	-1.26

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 (Dec. 2023) EBITDA data.

Technology Minerals (LSE:TM1) 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.

Technology Minerals Debt-to-EBITDA Related Terms

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

Technology Minerals (LSE:TM1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Technology Minerals PLC (LSE:TM1) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

N/A

Address

18 Savile Row, London, GBR, W1S 3PW

Website

https://www.technologyminerals.co.uk

Technology Minerals PLC is a London-based mineral exploration company focused on the exploration of mineral resource projects in Ireland (Li project), Spain (Cu-Co-Ni project), Cameroon (Ni-Co project), and three projects in the USA (Cu-Co, Co, and Ni-Co-Cu projects, respectively).

Technology Minerals (LSE:TM1) Headlines

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