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NexGen EnergyASX:NXG -2.08%35 Debt-to-EBITDA is -1.24 as of Mar. 2026. GuruFocus rates ASX:NXG with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 93 Other Energy Sources companies, NexGen Energy ranks worse than 1075267.74% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 NexGen Energy's Debt-to-EBITDA or its related term are showing as below:
ASX:NXG'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -101.6 Med: -2.37 Max: 9.42
Current: -1.97
During the past 13 years, the highest Debt-to-EBITDA Ratio of NexGen Energy was 9.42. The lowest was -101.60. And the median was -2.37.
ASX:NXG's Debt-to-EBITDA is ranked worse than 100% of 93
companies
in the Other Energy Sources industry
Industry Median: 2.17
vs ASX:NXG: -1.97
NexGen Energy (ASX:NXG) Debt-to-EBITDA Explanation
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.
NexGen Energy Debt-to-EBITDA Related Terms
NexGen Energy Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for NexGen Energy'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.
For the Uranium subindustry, NexGen Energy'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.
NexGen Energy Debt-to-EBITDA vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, NexGen Energy's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where NexGen Energy's Debt-to-EBITDA falls into.
* 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 (Mar. 2026) EBITDA data.
NexGen Energy (ASX:NXG) has a Debt-to-EBITDA of -1.24 as of Mar. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on NexGen Energy. According to the industry distribution chart, NexGen Energy ranks #999999 out of 93 companies in the Other Energy Sources industry.
Is NexGen Energy's Debt-to-EBITDA too high?
NexGen Energy's current Debt-to-EBITDA is -1.24. Based on the distribution chart, NexGen Energy ranks #999999 out of 93 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, NexGen Energy has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does NexGen Energy's Debt-to-EBITDA compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, NexGen Energy ranks #999999 out of 93 companies for Debt-to-EBITDA. This places NexGen Energy in the lower half of its industry. The industry median Debt-to-EBITDA is 2.17. 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 an Other Energy Sources company?
The median Debt-to-EBITDA among Other Energy Sources companies is 2.17, based on 93 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 NexGen Energy. For the Other Energy Sources industry, the median Debt-to-EBITDA is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NexGen Energy's current Debt-to-EBITDA is -1.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NexGen Energy stock overvalued right now?
NexGen Energy (ASX:NXG) has a current Debt-to-EBITDA of -1.24. The current Debt-to-EBITDA is -1.24. NexGen Energy's overall GF Score™ is 35/100 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 NexGen Energy (ASX:NXG), the current Debt-to-EBITDA is -1.24 as of Mar. 2026. 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.
NexGen Energy Ltd is an exploration and development stage entity engaged in the acquisition, exploration, evaluation, and development of uranium properties in Canada. The Rook I Project is a development-stage uranium project in Canada. The Company also holds a prospective portfolio of uranium exploration projects in the historic eastern Athabasca Basin.
35GF Score
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