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Heartfield Mining (XCNQ:HMC) Debt-to-EBITDA : 0.00 (As of May. 2024)


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What is Heartfield Mining Debt-to-EBITDA?

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

Heartfield Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was C$0.00 Mil. Heartfield Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2024 was C$0.00 Mil. Heartfield Mining's annualized EBITDA for the quarter that ended in May. 2024 was C$-0.19 Mil. Heartfield Mining'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 Heartfield Mining's Debt-to-EBITDA or its related term are showing as below:

XCNQ:HMC's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.74
* Ranked among companies with meaningful Debt-to-EBITDA only.

Heartfield Mining Debt-to-EBITDA Historical Data

The historical data trend for Heartfield Mining'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.

Heartfield Mining Debt-to-EBITDA Chart

Heartfield Mining Annual Data
Trend Feb22 Feb23 Feb24
Debt-to-EBITDA
- - -

Heartfield Mining Quarterly Data
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 - - - - -

Competitive Comparison of Heartfield Mining's Debt-to-EBITDA

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


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

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

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



Heartfield Mining Debt-to-EBITDA Calculation

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

Heartfield Mining's Debt-to-EBITDA for the fiscal year that ended in Feb. 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) / -0.191
=0.00

Heartfield Mining's annualized Debt-to-EBITDA for the quarter 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) / -0.188
=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 (May. 2024) EBITDA data.


Heartfield Mining  (XCNQ:HMC) 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.


Heartfield Mining Debt-to-EBITDA Related Terms

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


Heartfield Mining Business Description

Traded in Other Exchanges
N/A
Address
551 Howe Street, Suite 200, Vancouver, BC, CAN, V6C 2C2
Website
Heartfield Mining Corp is engaged in the acquisition and exploration of mineral property assets. It operates in one geographic location, Canada, and has one reportable segment, the exploration and evaluation of mineral resource properties.
Executives
Michael R. Dake Director
Sean Mcgrath Director, Senior Officer