Wartość Net debt/EBITDA organizacji Fabled Silver Gold Corp. to N/A
The net debt to earnings before interest, taxes, depreciation, and amortization (Net debt/EBITDA) ratio measures financial leverage and the company’s ability to pay off its debt. It shows how long it would take the company to pay off all its debt with operations at the current level.
The net debt to EBITDA ratio is calculated as Net debt divided by EBITDA. It is similar to the debt to EBITDA ratio, but cash and cash equivalents are subtracted in net debt.
Net debt = short-term debt + long-term debt - cash and cash equivalents
EBITDA = net income + interest expense + taxes + depreciation + amortization
Lower debt debt to EBITDA ratio indicates the company is not heavily indebted and should be able to repay its obligations. Alternatively, higher ratio indicated the company is excessively indebted. The ratio varies between industries as different industries have different capital requirements. Usually, the ratio should be compared to a benchmark or an industry average to determine the company’s credit risk. Generally, a net debt to EBITDA ratio above 4 or 5 is considered high.
Fabled Silver Gold Corp., an exploration stage company, engages in the acquisition, exploration, and development of mineral properties. The company primarily explores for silver and gold deposits. Its principal project is the Santa Maria Project located in the center of the Mexican epithermal silver-gold belt. The company was formerly known as Fabled Copper Corp. and changed its name to Fabled Silver Gold Corp. in October 2020. Fabled Silver Gold Corp. is headquartered in Vancouver, Canada.