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CBLT (TSXV:CBLT) Debt-to-EBITDA : 0.00 (As of May. 2024)


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What is CBLT Debt-to-EBITDA?

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

CBLT's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was C$0.00 Mil. CBLT's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was C$0.00 Mil. CBLT's annualized EBITDA for the quarter that ended in May. 2024 was C$0.34 Mil. CBLT's annualized Debt-to-EBITDA for the quarter that ended in May. 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 CBLT's Debt-to-EBITDA or its related term are showing as below:

TSXV:CBLT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.76   Med: -0.23   Max: -0.06
Current: -0.76

During the past 13 years, the highest Debt-to-EBITDA Ratio of CBLT was -0.06. The lowest was -0.76. And the median was -0.23.

TSXV:CBLT's Debt-to-EBITDA is ranked worse than
100% of 524 companies
in the Metals & Mining industry
Industry Median: 1.74 vs TSXV:CBLT: -0.76

CBLT Debt-to-EBITDA Historical Data

The historical data trend for CBLT'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.

CBLT Debt-to-EBITDA Chart

CBLT Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.26 -0.33 -0.23 -0.13 -

CBLT Quarterly Data
Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24
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 -0.16 -0.18 -0.26 - -

Competitive Comparison of CBLT's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, CBLT'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.


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

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

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



CBLT Debt-to-EBITDA Calculation

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

CBLT's Debt-to-EBITDA for the fiscal year that ended in May. 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) / -0.079
=0.00

CBLT's annualized Debt-to-EBITDA for the quarter that ended in May. 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 (May. 2024) EBITDA data.


CBLT  (TSXV:CBLT) 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.


CBLT Debt-to-EBITDA Related Terms

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


CBLT Business Description

Traded in Other Exchanges
Address
3310 South Service Road, Suite 200, Burlington, ON, CAN, L7N 3M6
CBLT Inc is a Canada based mineral exploration company. The company is engaged in the business of acquiring, exploring, and dealing with mineral properties. Its exploration and evaluation assets include Copper Prince, Dryden Cobalt, Chilton Cobalt, Otto Lake, Geneva Lake, Gowganda, and others. All the company's activities are conducted in Canada.
Executives
Peter Michael Clausi Director, Senior Officer
Brian Lorne Crawford Director, Senior Officer

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