AGDXF (Antioquia Gold) Debt-to-EBITDA : 74.55 (As of Sep. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Antioquia Gold Debt-to-EBITDA?

Antioquia Gold AGDXF -99.99% Debt-to-EBITDA is 74.55 as of Sep. 2023.

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

Antioquia Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $120.09 Mil. Antioquia Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2023 was $9.03 Mil. Antioquia Gold's annualized EBITDA for the quarter that ended in Sep. 2023 was $1.73 Mil. Antioquia Gold's annualized Debt-to-EBITDA for the quarter that ended in Sep. 2023 was 74.55.

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 Antioquia Gold's Debt-to-EBITDA or its related term are showing as below:

AGDXF's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.2
* Ranked among companies with meaningful Debt-to-EBITDA only.

Antioquia Gold  (OTCPK:AGDXF) 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.


Antioquia Gold Debt-to-EBITDA Related Terms


Antioquia Gold Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Antioquia Gold'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.

Antioquia Gold Debt-to-EBITDA Chart

Antioquia Gold Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -28.69 -20.74 10.19 7.00 8.52

Antioquia Gold Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 8.32 9.17 7.05 18.71 74.55

AGDXF vs NEM: Debt-to-EBITDA Comparison

For the Gold subindustry, Antioquia Gold'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.


Antioquia Gold Debt-to-EBITDA vs Metals & Mining Industry

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

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



Antioquia Gold Debt-to-EBITDA Calculation

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

Antioquia Gold's Debt-to-EBITDA for the fiscal year that ended in Dec. 2022 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(110.569 + 3.806) / 13.43
=8.52

Antioquia Gold's annualized Debt-to-EBITDA for the quarter 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
=(120.094 + 9.028) / 1.732
=74.55

* 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 (Sep. 2023) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 74.55 mean?
Antioquia Gold (AGDXF) has a Debt-to-EBITDA of 74.55 as of Sep. 2023. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Antioquia Gold.
Is Antioquia Gold's Debt-to-EBITDA too high?
Antioquia Gold's current Debt-to-EBITDA is 74.55. The Metals & Mining industry median Debt-to-EBITDA is 1.20. Antioquia Gold's value of 74.55 is 6112.5% above this industry median.
How does Antioquia Gold's Debt-to-EBITDA compare to NEM?
Antioquia Gold's Debt-to-EBITDA of 74.55 can be compared against companies in the Metals & Mining industry. The industry median Debt-to-EBITDA is 1.20. Antioquia Gold's value of 74.55 is 6112.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-EBITDA for a Metals & Mining company?
The median Debt-to-EBITDA among Metals & Mining companies is 1.20, based on 597 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-EBITDA significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-EBITDA should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Antioquia Gold's current Debt-to-EBITDA of 74.55 is 6112.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-EBITDA mean?
A high Debt-to-EBITDA can signal that a stock is expensive relative to its fundamentals. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Antioquia Gold. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Antioquia Gold's current Debt-to-EBITDA is 74.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Antioquia Gold stock overvalued right now?
Antioquia Gold (AGDXF) has a current Debt-to-EBITDA of 74.55. The current Debt-to-EBITDA is 74.55 and 6112.5% above the Metals & Mining industry median of 1.20. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-EBITDA calculated?
Debt-to-EBITDA is calculated from a company's financial statements. For Antioquia Gold (AGDXF), the current Debt-to-EBITDA is 74.55 as of Sep. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Antioquia Gold Business Description

Address 2 Toronto Street, Suite 106, Toronto, ON, CAN, M5C 2B5
Antioquia Gold Inc is a Canada-based mineral exploration and development company. It is engaged in the acquisition, exploration, evaluation, and development of mineral resource properties in Colombia. The company's project includes the Cisneros project. The project covers approximately 5,630 hectares and is located in the central portion of the department of Antioquia, about 80 kilometers northeast of Medellin. The company has one operating and reporting segment in mining. Geographically, the company derives a majority of its revenue from Colombia and also has a presence in Barbados and Canada.