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Green Arrow Resources (TSXV:GAR.H) Debt-to-EBITDA : 0.00 (As of Dec. 2023)


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What is Green Arrow Resources Debt-to-EBITDA?

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

Green Arrow Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Green Arrow Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was C$0.00 Mil. Green Arrow Resources's annualized EBITDA for the quarter that ended in Dec. 2023 was C$-0.15 Mil. Green Arrow Resources'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 Green Arrow Resources's Debt-to-EBITDA or its related term are showing as below:

TSXV:GAR.H's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.98
* Ranked among companies with meaningful Debt-to-EBITDA only.

Green Arrow Resources Debt-to-EBITDA Historical Data

The historical data trend for Green Arrow 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.

Green Arrow Resources Debt-to-EBITDA Chart

Green Arrow Resources Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
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Green Arrow Resources 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 Green Arrow Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Green Arrow 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.


Green Arrow Resources's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

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



Green Arrow Resources Debt-to-EBITDA Calculation

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

Green Arrow 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) / -0.102
=0.00

Green Arrow Resources'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 + 0) / -0.148
=0.00

* 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.


Green Arrow Resources  (TSXV:GAR.H) 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.


Green Arrow Resources Debt-to-EBITDA Related Terms

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


Green Arrow Resources (TSXV:GAR.H) Business Description

Traded in Other Exchanges
N/A
Address
666 Burrard Street, Suite 600, Vancouver, BC, CAN, V6C3P6
Green Arrow Resources Inc is a junior mineral exploration company. Principally, it is engaged in the acquisition, exploration, and development of mineral resources properties. The company is focused on the development of the Goatfell Property. The property is located near Creston, British Columbia.

Green Arrow Resources (TSXV:GAR.H) Headlines

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