Blue GoldBGL -0.12%12 Debt-to-EBITDA is -0.26 as of Dec. 2025. GuruFocus rates BGL with a GF Score™ of 12/100. The stock has 2 warning signs investors should review. Among 596 Metals & Mining companies, Blue Gold ranks worse than 167785.07% 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 Blue Gold's Debt-to-EBITDA or its related term are showing as below:
BGL'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.26 Med: -0.25 Max: -0.24
Current: -0.24
During the past 3 years, the highest Debt-to-EBITDA Ratio of Blue Gold was -0.24. The lowest was -0.26. And the median was -0.25.
BGL's Debt-to-EBITDA is ranked worse than 100% of 596
companies
in the Metals & Mining industry
Industry Median: 1.235
vs BGL: -0.24
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.
Blue Gold Debt-to-EBITDA Related Terms
Blue Gold Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Blue 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.
Blue Gold Debt-to-EBITDA Chart
Blue Gold Annual Data
Trend
Dec23
Dec24
Dec25
Debt-to-EBITDA
N/A
-0.26
-0.24
Blue Gold Semi-Annual Data
Dec23
Jun24
Dec24
Jun25
Dec25
Debt-to-EBITDA
N/A
-0.43
-0.25
-0.21
-0.26
BGL vs NGLD, RYES, AUST: Debt-to-EBITDA Comparison
For the Gold subindustry, Blue 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.
Blue Gold Debt-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Blue Gold's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Blue Gold'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 two times the quarterly (Dec. 2025) EBITDA data.
Blue Gold (BGL) has a Debt-to-EBITDA of -0.26 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 Blue Gold. According to the industry distribution chart, Blue Gold ranks #999999 out of 596 companies in the Metals & Mining industry.
Is Blue Gold's Debt-to-EBITDA too high?
Blue Gold's current Debt-to-EBITDA is -0.26. Based on the distribution chart, Blue Gold ranks #999999 out of 596 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Blue Gold has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Blue Gold's Debt-to-EBITDA compare to NGLD and RYES?
According to the Metals & Mining industry distribution chart, Blue Gold ranks #999999 out of 596 companies for Debt-to-EBITDA. This places Blue Gold 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 Blue Gold. 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. Blue Gold's current Debt-to-EBITDA is -0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blue Gold stock overvalued right now?
Blue Gold (BGL) has a current Debt-to-EBITDA of -0.26. The current Debt-to-EBITDA is -0.26. Blue Gold's overall GF Score™ is 12/100 with 2 warning signs 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 Blue Gold (BGL), the current Debt-to-EBITDA is -0.26 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.
Blue Gold Ltd is a gold mining company engaged in the business of developing, financing, licensing, and operating gold mines in Ghana and elsewhere. Its flagship project is the Bogoso Prestea Mine in Ghana's Ashanti Gold Belt.
12GF Score
Get the complete analysis for BGL
Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
BGL has been successfully added to your 