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American Creek Resources (TSXV:AMK) Debt-to-EBITDA : -0.25 (As of Mar. 2024)


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What is American Creek Resources Debt-to-EBITDA?

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

American Creek Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.20 Mil. American Creek Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. American Creek Resources's annualized EBITDA for the quarter that ended in Mar. 2024 was C$-0.79 Mil. American Creek Resources's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.25.

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 American Creek Resources's Debt-to-EBITDA or its related term are showing as below:

TSXV:AMK' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.19   Med: -0.03   Max: 0
Current: -0.19

TSXV:AMK's Debt-to-EBITDA is ranked worse than
100% of 532 companies
in the Metals & Mining industry
Industry Median: 2.04 vs TSXV:AMK: -0.19

American Creek Resources Debt-to-EBITDA Historical Data

The historical data trend for American Creek Resources'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.

American Creek Resources Debt-to-EBITDA Chart

American Creek Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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American Creek Resources Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 - - - - -0.25

Competitive Comparison of American Creek Resources's Debt-to-EBITDA

For the Other Precious Metals & Mining subindustry, American Creek Resources'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.


American Creek Resources's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where American Creek Resources's Debt-to-EBITDA falls into.



American Creek Resources Debt-to-EBITDA Calculation

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

American Creek Resources's Debt-to-EBITDA for the fiscal year 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
=(0 + 0) / -1.072
=0.00

American Creek Resources's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.2 + 0) / -0.792
=-0.25

* 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 (Mar. 2024) EBITDA data.


American Creek Resources  (TSXV:AMK) 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.


American Creek Resources Debt-to-EBITDA Related Terms

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


American Creek Resources (TSXV:AMK) Business Description

Traded in Other Exchanges
Address
92 - 2nd Avenue West, P.O. Box 70, Cardston, AB, CAN, T0K 0K0
American Creek Resources Ltd is engaged in the exploration and development of mineral resource properties. The company holds interests in properties located in the regions of British Columbia, Canada. Its projects include the Treaty Creek project, Gold hill, Dunwell, Ample Goldmax property and others. It has one reportable operating segment, which is the exploration and development of exploration and evaluation assets in Canada.
Executives
Robert Nathan Edwards Senior Officer

American Creek Resources (TSXV:AMK) Headlines