BELDF (Batero Gold) Debt-to-EBITDA : -5.34 (As of May. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Batero Gold Debt-to-EBITDA?

Batero Gold BELDF Debt-to-EBITDA is -5.34 as of May. 2026. The stock has 3 warning signs investors should review. Among 594 Metals & Mining companies, Batero Gold ranks worse than 168350% on this metric.

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

Batero Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $0.00 Mil. Batero Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $2.05 Mil. Batero Gold's annualized EBITDA for the quarter that ended in May. 2026 was $-0.38 Mil. Batero Gold's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 was -5.34.

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 Batero Gold's Debt-to-EBITDA or its related term are showing as below:

BELDF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -8.41   Med: -5.58   Max: -5.21
Current: -8.41

During the past 13 years, the highest Debt-to-EBITDA Ratio of Batero Gold was -5.21. The lowest was -8.41. And the median was -5.58.

BELDF's Debt-to-EBITDA is ranked worse than
100% of 594 companies
in the Metals & Mining industry
Industry Median: 1.21 vs BELDF: -8.41

Batero Gold  (OTCPK:BELDF) 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.


Batero Gold Debt-to-EBITDA Related Terms


Batero Gold Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Batero Gold'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.

Batero Gold Debt-to-EBITDA Chart

Batero Gold Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 -5.95 -5.21

Batero Gold Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -5.01 -4.76 -3.49 10.94 -5.34

BELDF vs HL: Debt-to-EBITDA Comparison

For the Other Precious Metals & Mining subindustry, Batero Gold'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.


Batero Gold Debt-to-EBITDA vs Metals & Mining Industry

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

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



Batero Gold Debt-to-EBITDA Calculation

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

Batero Gold's Debt-to-EBITDA for the fiscal year that ended in Aug. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.276 + 0) / -0.245
=-5.21

Batero Gold's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0 + 2.049) / -0.384
=-5.34

* 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 (May. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -5.34 mean?
Batero Gold (BELDF) has a Debt-to-EBITDA of -5.34 as of May. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Batero Gold. According to the industry distribution chart, Batero Gold ranks #999999 out of 594 companies in the Metals & Mining industry.
Is Batero Gold's Debt-to-EBITDA too high?
Batero Gold's current Debt-to-EBITDA is -5.34. Based on the distribution chart, Batero Gold ranks #999999 out of 594 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Batero Gold's Debt-to-EBITDA compare to HL?
According to the Metals & Mining industry distribution chart, Batero Gold ranks #999999 out of 594 companies for Debt-to-EBITDA. This places Batero Gold in the lower half of its industry. The industry median Debt-to-EBITDA is 1.21. 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 1.21, based on 594 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 Batero Gold. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Batero Gold's current Debt-to-EBITDA is -5.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Batero Gold stock overvalued right now?
Batero Gold (BELDF) has a current Debt-to-EBITDA of -5.34. The current Debt-to-EBITDA is -5.34. 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 Batero Gold (BELDF), the current Debt-to-EBITDA is -5.34 as of May. 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.

Batero Gold Business Description

Other Exchanges 68B:GermanyBAT:Canada
Address 885 West Georgia Street, Suite 2200, RBC Place, Vancouver, BC, CAN, V6C 3E8
Batero Gold Corp is engaged in the process of exploring and evaluating its exploration and evaluation assets. It focuses on the exploration and development of the Batero-Quinchia Project, which is located within Colombia's Middle Cauca Belt of porphyry gold-copper and epithermal gold systems. The Batero-Quinchia Project includes La Cumbre Porphyry, Dos Quebradas Porphyry, and El Centro Zone. It has one reportable operating segment, being that of exploration and evaluation activities in Colombia.