GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Tinka Resources Ltd (TSXV:TK) » Definitions » Debt-to-EBITDA

Tinka Resources (TSXV:TK) Debt-to-EBITDA : 0.00 (As of Mar. 2024)


View and export this data going back to 1996. Start your Free Trial

What is Tinka Resources Debt-to-EBITDA?

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

Tinka Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Tinka Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Tinka Resources's annualized EBITDA for the quarter that ended in Mar. 2024 was C$-1.48 Mil. Tinka Resources'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 Tinka Resources's Debt-to-EBITDA or its related term are showing as below:

TSXV:TK'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.

Tinka Resources Debt-to-EBITDA Historical Data

The historical data trend for Tinka 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.

Tinka Resources Debt-to-EBITDA Chart

Tinka Resources Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Tinka Resources Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 Tinka Resources's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Tinka 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.


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

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

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



Tinka Resources Debt-to-EBITDA Calculation

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

Tinka Resources's Debt-to-EBITDA for the fiscal year that ended in Sep. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -2.206
=0.00

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

* 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.


Tinka Resources  (TSXV:TK) 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.


Tinka Resources Debt-to-EBITDA Related Terms

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


Tinka Resources (TSXV:TK) Business Description

Traded in Other Exchanges
Address
1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Tinka Resources Ltd is a junior mineral exploration company that is engaged in the acquisition and exploration of precious and base metals on mineral properties located in Peru. It explores zinc, silver, lead, tin, copper, and gold deposits. The company's projects include Ayawilca Zinc Zone, Colqui Silver Zone, Ayawilca Tin Zone, and Silvia Copper-Gold Project.
Executives
Raul Eduardo Pedro Benavides Director
Benedict Mckeown Director