Noble Helium (ASX:NHE) Debt-to-EBITDA : -3.14 (As of Dec. 2025)

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What is Noble Helium Debt-to-EBITDA?

Noble Helium ASX:NHE -3.57% Debt-to-EBITDA is -3.14 as of Dec. 2025. The stock has 4 warning signs investors should review. Among 1,238 Chemicals companies, Noble Helium ranks worse than 80775.36% on this metric.

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

Noble Helium's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$7.15 Mil. Noble Helium's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.00 Mil. Noble Helium's annualized EBITDA for the quarter that ended in Dec. 2025 was A$-2.28 Mil. Noble Helium's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was -3.14.

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 Noble Helium's Debt-to-EBITDA or its related term are showing as below:

ASX:NHE' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.19   Med: -0.85   Max: -0.55
Current: -1.19

During the past 4 years, the highest Debt-to-EBITDA Ratio of Noble Helium was -0.55. The lowest was -1.19. And the median was -0.85.

ASX:NHE's Debt-to-EBITDA is ranked worse than
100% of 1238 companies
in the Chemicals industry
Industry Median: 2.15 vs ASX:NHE: -1.19

Noble Helium  (ASX:NHE) 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.


Noble Helium Debt-to-EBITDA Related Terms


Noble Helium Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Noble Helium'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.

Noble Helium Debt-to-EBITDA Chart

Noble Helium Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Debt-to-EBITDA
0.00 0.00 -1.15 -0.55

Noble Helium Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-EBITDA Get a 7-Day Free Trial Premium Member Only -0.88 -1.58 -0.60 -0.56 -3.14

ASX:NHE vs LIN, SHW, ECL: Debt-to-EBITDA Comparison

For the Specialty Chemicals subindustry, Noble Helium'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.


Noble Helium Debt-to-EBITDA vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Noble Helium's Debt-to-EBITDA distribution charts can be found below:

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



Noble Helium Debt-to-EBITDA Calculation

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

Noble Helium'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
=(5.441 + 0) / -9.953
=-0.55

Noble Helium'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
=(7.145 + 0) / -2.278
=-3.14

* 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 -3.14 mean?
Noble Helium (ASX:NHE) has a Debt-to-EBITDA of -3.14 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 Noble Helium. According to the industry distribution chart, Noble Helium ranks #999999 out of 1238 companies in the Chemicals industry.
Is Noble Helium's Debt-to-EBITDA too high?
Noble Helium's current Debt-to-EBITDA is -3.14. Based on the distribution chart, Noble Helium ranks #999999 out of 1238 companies in the Chemicals industry, which is in the bottom quartile relative to peers.
How does Noble Helium's Debt-to-EBITDA compare to LIN and SHW?
According to the Chemicals industry distribution chart, Noble Helium ranks #999999 out of 1238 companies for Debt-to-EBITDA. This places Noble Helium in the lower half of its industry. The industry median Debt-to-EBITDA is 2.15. 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 Chemicals company?
The median Debt-to-EBITDA among Chemicals companies is 2.15, based on 1,238 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 Noble Helium. For the Chemicals industry, the median Debt-to-EBITDA is 2.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Noble Helium's current Debt-to-EBITDA is -3.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble Helium stock overvalued right now?
Noble Helium (ASX:NHE) has a current Debt-to-EBITDA of -3.14. The current Debt-to-EBITDA is -3.14. 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 Noble Helium (ASX:NHE), the current Debt-to-EBITDA is -3.14 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.

Noble Helium Business Description

Other Exchanges NBHEF:USAGN1:Germany
Address 216 St. Georges Terrace, Level 8, London House, Perth, WA, AUS, 6000
Noble Helium Ltd is an Australian helium exploration company. It is focused on advancing its projects in Tanzania's East African Rift System to meet the growing need for a primary, carbon-free, and geopolitically independent source of helium. The company is focused on advancing its flagship project, the North Rukwa project, which is strategically located within Tanzania's Rukwa Basin. Additionally, it holds prospecting licences (PLs) in the North Nyasa and Eyasi basins, and prospecting licence applications (PLAs) in the Manyara basins in Tanzania. Noble operates in one reportable segment, being mineral exploration in the United Republic of Tanzania.