Ionic Rare Earths (ASX:IXR) Debt-to-EBITDA : -0.03 (As of Dec. 2025)


ASX:IXR Ionic Rare Earths Ltd ASX:IXR
32 GF Score
Price A$0.36
! 1 Warning Sign
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What is Ionic Rare Earths Debt-to-EBITDA?

Ionic Rare Earths ASX:IXR -5.33% 32 Debt-to-EBITDA is -0.03 as of Dec. 2025. GuruFocus rates ASX:IXR with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 591 Metals & Mining companies, Ionic Rare Earths ranks worse than 169204.57% on this metric.

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

Ionic Rare Earths's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.11 Mil. Ionic Rare Earths's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.24 Mil. Ionic Rare Earths's annualized EBITDA for the quarter that ended in Dec. 2025 was A$-11.83 Mil. Ionic Rare Earths's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was -0.03.

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 Ionic Rare Earths's Debt-to-EBITDA or its related term are showing as below:

ASX:IXR' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.11   Med: -0.02   Max: 0
Current: -0.04

ASX:IXR's Debt-to-EBITDA is ranked worse than
100% of 591 companies
in the Metals & Mining industry
Industry Median: 1.23 vs ASX:IXR: -0.04

Ionic Rare Earths  (ASX:IXR) 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.


Ionic Rare Earths Debt-to-EBITDA Related Terms


Ionic Rare Earths Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Ionic Rare Earths'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.

Ionic Rare Earths Debt-to-EBITDA Chart

Ionic Rare Earths Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 -0.01 -0.00 -0.03 -0.11

Ionic Rare Earths Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -0.02 -0.04 -0.04 -0.14 -0.03

Ionic Rare Earths Debt-to-EBITDA Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Ionic Rare Earths'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.


Ionic Rare Earths Debt-to-EBITDA vs Metals & Mining Industry

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

* The bar in red indicates where Ionic Rare Earths's Debt-to-EBITDA falls into.


ASX:IXR
32GF Score
Ionic Rare Earths Ltd ASX:IXR
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Ionic Rare Earths Debt-to-EBITDA Calculation

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

Ionic Rare Earths's Debt-to-EBITDA for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.881 + 0.237) / -10.184
=-0.11

Ionic Rare Earths's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.111 + 0.237) / -11.828
=-0.03

* 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 (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.03 mean?
Ionic Rare Earths (ASX:IXR) has a Debt-to-EBITDA of -0.03 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Ionic Rare Earths. According to the industry distribution chart, Ionic Rare Earths ranks #999999 out of 591 companies in the Metals & Mining industry.
Is Ionic Rare Earths' Debt-to-EBITDA too high?
Ionic Rare Earths' current Debt-to-EBITDA is -0.03. Based on the distribution chart, Ionic Rare Earths ranks #999999 out of 591 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Ionic Rare Earths has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Ionic Rare Earths' Debt-to-EBITDA compare to competitors?
According to the Metals & Mining industry distribution chart, Ionic Rare Earths ranks #999999 out of 591 companies for Debt-to-EBITDA. This places Ionic Rare Earths in the lower half of its industry. The industry median Debt-to-EBITDA is 1.23. 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 1.23, based on 591 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. 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 Ionic Rare Earths. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ionic Rare Earths's current Debt-to-EBITDA is -0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ionic Rare Earths stock overvalued right now?
Ionic Rare Earths (ASX:IXR) has a current Debt-to-EBITDA of -0.03. The current Debt-to-EBITDA is -0.03. Ionic Rare Earths' overall GF Score™ is 32/100 with 1 warning sign to review. 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 Ionic Rare Earths (ASX:IXR), the current Debt-to-EBITDA is -0.03 as of Dec. 2025. 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.

Ionic Rare Earths Business Description

Other Exchanges IXRRF:USA6UH:Germany
Address 459 Colins Street, Level 5 South, Melbourne, VIC, AUS, 3000
Ionic Rare Earths Ltd is a mineral exploration company. It is engaged in the mining, refining, and recycling of magnet and heavy rare earth critical minerals for energy transition, manufacturing, and defense. Its projects include the Makuutu project in Uganda. The company also has a magnet recycling facility in Northern Ireland. It is organized into one operating segment, exploration operations. Geographically, its activities are conducted across three geographic locations, Australia which generates maximum revenue, Uganda, and the United Kingdom.
32GF Score

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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.36
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