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Transatlantic Mining (TSXV:TCO) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


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What is Transatlantic Mining Debt-to-EBITDA?

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

Transatlantic Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Transatlantic Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Transatlantic Mining's annualized EBITDA for the quarter that ended in Mar. 2024 was C$-0.61 Mil. Transatlantic Mining's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 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 Transatlantic Mining's Debt-to-EBITDA or its related term are showing as below:

TSXV:TCO's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 2.04
* Ranked among companies with meaningful Debt-to-EBITDA only.

Transatlantic Mining Debt-to-EBITDA Historical Data

The historical data trend for Transatlantic 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.

Transatlantic Mining Debt-to-EBITDA Chart

Transatlantic Mining Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 - - - -

Transatlantic Mining Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - - - - -

Competitive Comparison of Transatlantic Mining's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Transatlantic 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.


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

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

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



Transatlantic Mining Debt-to-EBITDA Calculation

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

Transatlantic Mining's Debt-to-EBITDA for the fiscal year that ended in Dec. 2023 is calculated as

Transatlantic Mining'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 + 0) / -0.612
=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 (Mar. 2024) EBITDA data.


Transatlantic Mining  (TSXV:TCO) 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.


Transatlantic Mining Debt-to-EBITDA Related Terms

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


Transatlantic Mining (TSXV:TCO) Business Description

Traded in Other Exchanges
Address
837 West Hastings Street, Suite 400, Vancouver, BC, CAN, V6C 3N6
Transatlantic Mining Corp is a junior mineral exploration company. The company is engaged in the acquisition and exploration of mineral property interests. Some of the key properties of the company are the Golden Jubilee Project, Monitor Property and St. Lawrence Property. one reportable operating segment, which is the acquisition, exploration, and disposition of interests in mineral properties. The geographical segment of the company is the United States of America.
Executives
Saira Mithani 10% Security Holder
Alfan Mithani 10% Security Holder

Transatlantic Mining (TSXV:TCO) Headlines

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