Volta Metals (XCNQ:VLTA) Debt-to-EBITDA : 0.00 (As of Mar. 2024)

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What is Volta Metals Debt-to-EBITDA?

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

Volta Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Volta Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was C$0.00 Mil. Volta Metals's annualized EBITDA for the quarter that ended in Mar. 2024 was C$-0.69 Mil. Volta Metals'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 Volta Metals's Debt-to-EBITDA or its related term are showing as below:

XCNQ:VLTA'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.

Volta Metals Debt-to-EBITDA Historical Data

The historical data trend for Volta 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.

Volta Metals Debt-to-EBITDA Chart

Volta Metals Annual Data

Trend

Dec22

Dec23

Debt-to-EBITDA

N/A

Volta Metals Quarterly Data
	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-EBITDA	Get a 7-Day Free Trial			-0.07	-	-	-	-

Competitive Comparison of Volta Metals's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Volta 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.

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

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

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

Volta Metals Debt-to-EBITDA Calculation

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

Volta Metals'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)	/	-2.866
	=	0.00

Volta Metals'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)	/	-0.688
	=	0.00

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.

Volta Metals (XCNQ:VLTA) 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.

Volta Metals Debt-to-EBITDA Related Terms

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

Volta Metals (XCNQ:VLTA) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Volta Metals Ltd (XCNQ:VLTA) » Definitions » Debt-to-EBITDA

Comparable Companies

Traded in Other Exchanges

D0W:Germany

Address

390 Bay Street, Suite 700a, Toronto, ON, CAN, M5H 2Y2

Website

https://www.voltametals.ca

Volta Metals Ltd is a mineral exploration company focused on lithium, cesium and tantalum exploration in Canada, and led by a group of mining professionals. It is currently exploring a critical minerals portfolio of lithium, cesium and tantalum projects in northwestern Ontario, which is considered to be one of the more prolific emerging hard-rock lithium districts globally. The company's projects include Flacon west project, Root Project, White Lights Project, Kim Lake & Store Lake Project, Junior Lake Project, and Crescent Lake Project.

Executives

Kerem Usenmez

Senior Officer