Black Horse Mining (ASX:BHL) Debt-to-EBITDA : (As of Jun. 2026)

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ASX:BHL Black Horse Mining Ltd ASX:BHL
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Price A$0.20
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What is Black Horse Mining Debt-to-EBITDA?

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

Black Horse Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was A$0.06 Mil. Black Horse Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was A$0.03 Mil. Black Horse Mining's annualized EBITDA for the quarter that ended in Jun. 2026 was A$-2.52 Mil. Black Horse Mining's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was -0.04.

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 Black Horse Mining's Debt-to-EBITDA or its related term are showing as below:

ASX:BHL's Debt-to-EBITDA is not ranked *
in the Metals & Mining industry.
Industry Median: 1.03
* Ranked among companies with meaningful Debt-to-EBITDA only.

Black Horse Mining  (ASX:BHL) 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.

Black Horse Mining Debt-to-EBITDA Related Terms

Black Horse Mining Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Black Horse 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.

Black Horse Mining Debt-to-EBITDA Chart

Black Horse Mining Annual Data
Trend Jun25 Jun26
Debt-to-EBITDA
- -

Black Horse Mining Semi-Annual Data
Dec25 Jun26
Debt-to-EBITDA - -

ASX:BHL vs NEM, AU: Debt-to-EBITDA Comparison

For the Gold subindustry, Black Horse 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.

Black Horse Mining Debt-to-EBITDA vs Metals & Mining Industry

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

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


ASX:BHL
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Black Horse Mining Ltd ASX:BHL
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Horse Mining Debt-to-EBITDA Calculation

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

Black Horse Mining's Debt-to-EBITDA for the fiscal year that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.064491 + 0.028574) / -6.032548
=-0.02

Black Horse Mining's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.064491 + 0.028574) / -2.522222
=-0.04

* 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 two times the quarterly (Jun. 2026) EBITDA data.

Black Horse Mining Business Description

Other Exchanges O3X:Germany
Address 8/110 Hay Street, Suite 8, Subiaco, WA, AUS, 6008
Black Horse Mining Ltd is a mineral exploration and development company focused on the acquisition, exploration, and development of gold projects, including the historic Mt Egerton gold mine in Central Victoria, Australia.
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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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