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Krakatoa Resources (ASX:KTA) Debt-to-EBITDA : -0.02 (As of Dec. 2023)


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What is Krakatoa Resources Debt-to-EBITDA?

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

Krakatoa Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.06 Mil. Krakatoa Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2023 was A$0.01 Mil. Krakatoa Resources's annualized EBITDA for the quarter that ended in Dec. 2023 was A$-4.08 Mil. Krakatoa Resources's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2023 was -0.02.

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 Krakatoa Resources's Debt-to-EBITDA or its related term are showing as below:

ASX:KTA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.03   Med: -0.03   Max: -0.02
Current: -0.02

During the past 12 years, the highest Debt-to-EBITDA Ratio of Krakatoa Resources was -0.02. The lowest was -0.03. And the median was -0.03.

ASX:KTA's Debt-to-EBITDA is ranked worse than
100% of 524 companies
in the Metals & Mining industry
Industry Median: 1.74 vs ASX:KTA: -0.02

Krakatoa Resources Debt-to-EBITDA Historical Data

The historical data trend for Krakatoa 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.

Krakatoa Resources Debt-to-EBITDA Chart

Krakatoa Resources Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - -0.03 -0.02

Krakatoa Resources Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 - - -0.03 -0.02 -0.03

Competitive Comparison of Krakatoa Resources's Debt-to-EBITDA

For the Gold subindustry, Krakatoa 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.


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

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

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



Krakatoa Resources Debt-to-EBITDA Calculation

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

Krakatoa Resources's Debt-to-EBITDA for the fiscal year that ended in Jun. 2023 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.056 + 0.04) / -3.439
=-0.03

Krakatoa Resources's annualized Debt-to-EBITDA for the quarter 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
=(0.058 + 0.01) / -4.078
=-0.02

* 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 two times the quarterly (Dec. 2023) EBITDA data.


Krakatoa Resources  (ASX:KTA) 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.


Krakatoa Resources Debt-to-EBITDA Related Terms

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


Krakatoa Resources Business Description

Traded in Other Exchanges
N/A
Address
216 St Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000
Krakatoa Resources Ltd is engaged in the acquisition and exploration of resource-based projects. The company currently holds an interest in Belgravia Project; Turon Gold Project; King Tamba; Rand Gold Project, Mac Well Project, and Mt Clere Project.

Krakatoa Resources Headlines