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Quebec Precious Metals (TSXV:QPM) Debt-to-EBITDA : -0.01 (As of Oct. 2023)


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What is Quebec Precious Metals Debt-to-EBITDA?

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

Quebec Precious Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.04 Mil. Quebec Precious Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Oct. 2023 was C$0.00 Mil. Quebec Precious Metals's annualized EBITDA for the quarter that ended in Oct. 2023 was C$-6.08 Mil. Quebec Precious Metals's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 was -0.01.

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 Quebec Precious Metals's Debt-to-EBITDA or its related term are showing as below:

TSXV:QPM' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.78   Med: -0.4   Max: -0.01
Current: -0.05

During the past 13 years, the highest Debt-to-EBITDA Ratio of Quebec Precious Metals was -0.01. The lowest was -0.78. And the median was -0.40.

TSXV:QPM's Debt-to-EBITDA is ranked worse than
100% of 534 companies
in the Metals & Mining industry
Industry Median: 1.98 vs TSXV:QPM: -0.05

Quebec Precious Metals Debt-to-EBITDA Historical Data

The historical data trend for Quebec Precious Metals'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.

Quebec Precious Metals Debt-to-EBITDA Chart

Quebec Precious Metals Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.01 -0.78

Quebec Precious Metals Quarterly Data
Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
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 0.02 0.01 -0.13 -0.05 -0.01

Competitive Comparison of Quebec Precious Metals's Debt-to-EBITDA

For the Gold subindustry, Quebec Precious Metals'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.


Quebec Precious Metals's Debt-to-EBITDA Distribution in the Metals & Mining Industry

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

* The bar in red indicates where Quebec Precious Metals's Debt-to-EBITDA falls into.



Quebec Precious Metals Debt-to-EBITDA Calculation

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

Quebec Precious Metals's Debt-to-EBITDA for the fiscal year that ended in Jan. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.04 + 0) / -0.051
=-0.78

Quebec Precious Metals's annualized Debt-to-EBITDA for the quarter that ended in Oct. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.04 + 0) / -6.08
=-0.01

* 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 (Oct. 2023) EBITDA data.


Quebec Precious Metals  (TSXV:QPM) 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.


Quebec Precious Metals Debt-to-EBITDA Related Terms

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


Quebec Precious Metals (TSXV:QPM) Business Description

Traded in Other Exchanges
Address
1080, Cote du Beaver Hall, Bureau 2101, Montreal, QC, CAN, H2Z 1S8
Quebec Precious Metals Corp is engaged in the acquisition, exploration, and development of mining projects in Canada. The company is focused on advancing its Sakami gold project, located in Eeyou Istchee James Bay territory in Quebec, near Newmont Corporation's Eleonore gold mine. In addition, the Company holds a 68% interest in the Kipawa/Zeus rare earths project located near Temiscaming, Quebec. The Company's operations consist of a single operating segment being the sector of exploration and evaluation of mineral resources and all operations are located in Canada.
Executives
Normand Champigny Director, Senior Officer

Quebec Precious Metals (TSXV:QPM) Headlines

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