Viking Mines (ASX:VKA) Debt-to-EBITDA : -0.03 (As of Dec. 2025)

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What is Viking Mines Debt-to-EBITDA?

Viking Mines ASX:VKA Debt-to-EBITDA is -0.03 as of Dec. 2025. The stock has 1 warning sign investors should review. Among 596 Metals & Mining companies, Viking Mines ranks worse than 167785.07% on this metric.

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

Viking Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.07 Mil. Viking Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.04 Mil. Viking Mines's annualized EBITDA for the quarter that ended in Dec. 2025 was A$-3.45 Mil. Viking Mines'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 Viking Mines's Debt-to-EBITDA or its related term are showing as below:

ASX:VKA' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.05   Med: -0.04   Max: 0.04
Current: -0.03

During the past 13 years, the highest Debt-to-EBITDA Ratio of Viking Mines was 0.04. The lowest was -0.05. And the median was -0.04.

ASX:VKA's Debt-to-EBITDA is ranked worse than
100% of 596 companies
in the Metals & Mining industry
Industry Median: 1.235 vs ASX:VKA: -0.03

Viking Mines  (ASX:VKA) 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.


Viking Mines Debt-to-EBITDA Related Terms


Viking Mines Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Viking Mines'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.

Viking Mines Debt-to-EBITDA Chart

Viking Mines 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 -0.04 -0.05 0.04 0.00 -0.05

Viking Mines 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 -0.01 0.00 -0.08 -0.04 -0.03

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

For the Gold subindustry, Viking Mines'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.


Viking Mines Debt-to-EBITDA vs Metals & Mining Industry

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

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



Viking Mines Debt-to-EBITDA Calculation

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

Viking Mines'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
=(0.063 + 0.073) / -3.043
=-0.04

Viking Mines'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
=(0.07 + 0.036) / -3.448
=-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?
Viking Mines (ASX:VKA) 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 Viking Mines. According to the industry distribution chart, Viking Mines ranks #999999 out of 596 companies in the Metals & Mining industry.
Is Viking Mines' Debt-to-EBITDA too high?
Viking Mines' current Debt-to-EBITDA is -0.03. Based on the distribution chart, Viking Mines ranks #999999 out of 596 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Viking Mines' Debt-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Viking Mines ranks #999999 out of 596 companies for Debt-to-EBITDA. This places Viking Mines in the lower half of its industry. The industry median Debt-to-EBITDA is 1.24. 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 1.24, based on 596 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 Viking Mines. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Viking Mines'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 Viking Mines stock overvalued right now?
Viking Mines (ASX:VKA) has a current Debt-to-EBITDA of -0.03. The current Debt-to-EBITDA is -0.03. 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 Viking Mines (ASX:VKA), 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.

Viking Mines Business Description

Other Exchanges VKALF:USAAVI:Germany
Address 15-17 Old Aberdeen Place, West Perth, Perth, WA, AUS, 6005
Viking Mines Ltd is engaged in investing in mineral exploration projects. The projects include: Riverina East Project, Narndee Project, and Canegrass Battery Mineral Project. The group operates in Ghana and Western Australia.