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Whetstone Minerals (Whetstone Minerals) Debt-to-EBITDA : 0.00 (As of Jun. 2014)


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What is Whetstone Minerals Debt-to-EBITDA?

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

Whetstone Minerals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was $0.00 Mil. Whetstone Minerals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2014 was $0.00 Mil. Whetstone Minerals's annualized EBITDA for the quarter that ended in Jun. 2014 was $-0.11 Mil. Whetstone Minerals's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2014 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 Whetstone Minerals's Debt-to-EBITDA or its related term are showing as below:

WMITF'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.

Whetstone Minerals Debt-to-EBITDA Historical Data

The historical data trend for Whetstone Minerals'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.

Whetstone Minerals Debt-to-EBITDA Chart

Whetstone Minerals Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Debt-to-EBITDA
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Whetstone Minerals Quarterly Data
Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14
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Competitive Comparison of Whetstone Minerals's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Whetstone Minerals'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.


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

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

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



Whetstone Minerals Debt-to-EBITDA Calculation

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

Whetstone Minerals's Debt-to-EBITDA for the fiscal year that ended in Dec. 2013 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.504
=0.00

Whetstone Minerals's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2014 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 0) / -0.108
=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 (Jun. 2014) EBITDA data.


Whetstone Minerals  (OTCPK:WMITF) 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.


Whetstone Minerals Debt-to-EBITDA Related Terms

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


Whetstone Minerals (Whetstone Minerals) Business Description

Traded in Other Exchanges
N/A
Address
Whetstone Minerals Limited is an exploration stage company engaged in the business of mineral exploration.

Whetstone Minerals (Whetstone Minerals) Headlines

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