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Americanlars Lithium (Americanlars Lithium) Debt-to-EBITDA : -0.23 (As of Mar. 2024)


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What is Americanlars Lithium Debt-to-EBITDA?

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

Americanlars Lithium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.06 Mil. Americanlars Lithium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.00 Mil. Americanlars Lithium's annualized EBITDA for the quarter that ended in Mar. 2024 was $-0.24 Mil. Americanlars Lithium's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2024 was -0.23.

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 Americanlars Lithium's Debt-to-EBITDA or its related term are showing as below:

ASALF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.4   Med: 0   Max: 0
Current: -0.4

ASALF's Debt-to-EBITDA is ranked worse than
100% of 529 companies
in the Metals & Mining industry
Industry Median: 1.98 vs ASALF: -0.40

Americanlars Lithium Debt-to-EBITDA Historical Data

The historical data trend for Americanlars Lithium'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.

Americanlars Lithium Debt-to-EBITDA Chart

Americanlars Lithium Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Debt-to-EBITDA
N/A - - -

Americanlars Lithium Quarterly Data
Mar20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -0.12 - - - -0.23

Competitive Comparison of Americanlars Lithium's Debt-to-EBITDA

For the Other Industrial Metals & Mining subindustry, Americanlars Lithium'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.


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

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

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



Americanlars Lithium Debt-to-EBITDA Calculation

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

Americanlars Lithium's Debt-to-EBITDA for the fiscal year that ended in Sep. 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) / -0.115
=0.00

Americanlars Lithium'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
=(0.055 + 0) / -0.24
=-0.23

* 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 (Mar. 2024) EBITDA data.


Americanlars Lithium  (OTCPK:ASALF) 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.


Americanlars Lithium Debt-to-EBITDA Related Terms

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


Americanlars Lithium (Americanlars Lithium) Business Description

Comparable Companies
Traded in Other Exchanges
Address
200 - 551 Howe Street, Vancouver, BC, CAN, V6C 2C2
Website
American Salars Lithium Inc Formerly Blanton Resources Corp is engaged in the acquisition and exploration of mineral properties. The company is currently exploring the Nanaimo Mining Division of British Columbia.

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