Asian Mineral Resources EBITDA
What is the EBITDA of Asian Mineral Resources?
The EBITDA of Asian Mineral Resources Limited is N/A
What is the definition of EBITDA?
EBITDA is a company’s earnings before interest, taxes, depreciation, and amortization and is an accounting measure calculated using a company’s net earnings, before interest expenses, taxes, depreciation and amortization are subtracted, as a proxy for a company’s current operating profitability.
ttm (trailing twelve months)
Although EBITDA is not a financial measure recognized in generally accepted accounting principles, it is widely used in many areas of finance when assessing the performance of a company, such as securities analysis. It is intended to allow a comparison of profitability between different companies, by discounting the effects of interest payments from different forms of financing (by ignoring interest payments), political jurisdictions (by ignoring tax), collections of assets (by ignoring depreciation of assets), and different takeover histories (by ignoring amortization often stemming from goodwill). EBITDA is a financial measurement of cash flow from operations that is widely used in mergers and acquisitions of small businesses and businesses in the middle market. It is not unusual for adjustments to be made to EBITDA to normalize the measurement allowing buyers to compare the performance of one business to another.
What does Asian Mineral Resources do?
Asian Mineral Resources Limited engages in the exploration and development of mineral property interests in Canada. The company primarily explores for copper and vanadium. It holds an option to acquire a 75% interest in the Holt property that covers an area of 3,687 hectares located in east of Duncan, Vancouver Island. The company was incorporated in 2004 and is based in Toronto, Canada. Asian Mineral Resources Limited is a subsidiary of Pala Investments Limited.