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Dore Copper Mining (TSXV:DCMC) Debt-to-EBITDA : -0.05 (As of Dec. 2023)


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What is Dore Copper Mining Debt-to-EBITDA?

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

Dore Copper Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.25 Mil. Dore Copper Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Dore Copper Mining's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-5.00 Mil. Dore Copper Mining's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.05.

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 Dore Copper Mining's Debt-to-EBITDA or its related term are showing as below:

TSXV:DCMC' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.04   Med: -0.04   Max: -0.04
Current: -0.04

During the past 6 years, the highest Debt-to-EBITDA Ratio of Dore Copper Mining was -0.04. The lowest was -0.04. And the median was -0.04.

TSXV:DCMC's Debt-to-EBITDA is ranked worse than
100% of 531 companies
in the Metals & Mining industry
Industry Median: 1.98 vs TSXV:DCMC: -0.04

Dore Copper Mining Debt-to-EBITDA Historical Data

The historical data trend for Dore Copper 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.

Dore Copper Mining Debt-to-EBITDA Chart

Dore Copper Mining Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial - - - - -0.04

Dore Copper Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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

Competitive Comparison of Dore Copper Mining's Debt-to-EBITDA

For the Copper subindustry, Dore Copper 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.


Dore Copper Mining's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Dore Copper Mining's Debt-to-EBITDA falls into.



Dore Copper Mining Debt-to-EBITDA Calculation

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

Dore Copper Mining'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
=(0.251 + 0) / -6.479
=-0.04

Dore Copper Mining'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
=(0.251 + 0) / -5.004
=-0.05

* 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.


Dore Copper Mining  (TSXV:DCMC) 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.


Dore Copper Mining Debt-to-EBITDA Related Terms

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


Dore Copper Mining (TSXV:DCMC) Business Description

Traded in Other Exchanges
Address
130 King Street West, Suite 1800, Toronto, ON, CAN, M5X 1E3
Dore Copper Mining Corp is a company with near development high-grade gold and copper assets in Quebec with district scale exploration upside. Existing infrastructure provides the company with a capital intensity advantage. Its projects include corner bay, cedar bay, copper rand, and lac dore among others.
Executives
Mario Stifano Director, Senior Officer

Dore Copper Mining (TSXV:DCMC) Headlines

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