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EV Nickel (TSXV:EVNI) Net Debt Paydown Yield % : 0.01% (As of Jun. 06, 2024)


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What is EV Nickel Net Debt Paydown Yield %?

Net Debt Paydown Yield % is a metric that evaluates the total amount of debt a company has paid in relation to its market capitalization. It is a measure of a company's willingness and ability to reduce its debt. As of today, EV Nickel's Net Debt Paydown Yield % was 0.01%.


EV Nickel Net Debt Paydown Yield % Historical Data

The historical data trend for EV Nickel's Net Debt Paydown Yield % 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.

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EV Nickel Net Debt Paydown Yield % Chart

EV Nickel Annual Data
Trend Jun21 Jun22 Jun23
Net Debt Paydown Yield %
- - 0.52

EV Nickel Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Debt Paydown Yield % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.52 0.52 0.40 0.05 0.01

Competitive Comparison of EV Nickel's Net Debt Paydown Yield %

For the Other Industrial Metals & Mining subindustry, EV Nickel's Net Debt Paydown Yield %, along with its competitors' market caps and Net Debt Paydown Yield % 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.


EV Nickel's Net Debt Paydown Yield % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, EV Nickel's Net Debt Paydown Yield % distribution charts can be found below:

* The bar in red indicates where EV Nickel's Net Debt Paydown Yield % falls into.



EV Nickel Net Debt Paydown Yield % Calculation

EV Nickel's Net Debt Paydown Yield % for the quarter that ended in Mar. 2024 is calculated as:

Net Debt Paydown Yield %
=( TTM Average Debt   (1-Year Ago))-TTM Average Debt )/Market Cap
=( 0.01-0 )/65.1126
=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.

* All the data are calculated by TTM values. Note that if a companies is traded in several exchanges, then we calculate the company level data for Net Debt Paydown Yield % using the primary share class stock data. The calculation result in definition page is for demonstration purpose only, and it's showing the share class level data. Therefore, the numbers in the calculation may differ from elsewhere if the stock is not a primary share.


EV Nickel  (TSXV:EVNI) Net Debt Paydown Yield % Explanation

Net Debt Paydown Yield % is the change in average of four quarters of company's total debt over a company's market cap. Assuming the total value of a company remains that same, shareholder value is increased as debt is reduced. In other words, it is a measure of the willingness and ability of a firm's management to pay down debt. Companies that have high debt paydown yields indicate that they are more aggressive with paying down debt.

In the calculation of Net Debt Paydown Yield %, we use the reductions of TTM average total debt one-year-ago and TTM average total debt at present, divided by its Market Cap.

We calculating the TTM average debt by adding up the total debt, calculated by the sum of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation, in the trailing twelve months(TTM) divided by the counts of the total debt, accoring to the company's report frequency.


EV Nickel Net Debt Paydown Yield % Related Terms

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EV Nickel (TSXV:EVNI) Business Description

Traded in Other Exchanges
Address
150 King Street W, Suite 200, Toronto, ON, CAN, M5H 1J9
EV Nickel Inc is a Canadian nickel exploration company. Its mission is to accelerate the transition to clean energy, focused on the Shaw Dome Project, south of Timmins, Ontario. EVNi has over 30,000 hectares to explore across the Shaw Dome and has identified more than 100 km of additional favourable strike length. The Shaw Dome includes the High-Grade W4 Deposit- with a Resource which defined 2.0M tonnes 0.98% Ni for 43.3M lbs of Class 1 Nickel across Measured, Indicated and Inferred and the Large-Scale CarLang Area with more than 10km of mineralization and where the first 20 percent contains the A Zone- with a Resource which defined 1.0B tonnes 0.24% Ni for 5.3B lbs of Class 1 Nickel across Indicated and Inferred.
Executives
Rogue Resources Inc. 10% Security Holder

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