GLDG (GoldMining) Debt-to-EBITDA : -0.01 (As of May. 2026)

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GLDG GoldMining Inc GLDG
32 GF Score
Price $0.86
! 1 Warning Sign
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What is GoldMining Debt-to-EBITDA?

GoldMining GLDG +0.43% 32 Debt-to-EBITDA is -0.01 as of May. 2026. GuruFocus rates GLDG with a GF Score™ of 32/100. The stock has 1 warning sign investors should review. Among 594 Metals & Mining companies, GoldMining ranks worse than 168350% on this metric.

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

GoldMining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $0.08 Mil. GoldMining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $0.11 Mil. GoldMining's annualized EBITDA for the quarter that ended in May. 2026 was $-22.68 Mil. GoldMining's annualized Debt-to-EBITDA for the quarter that ended in May. 2026 was -0.01.

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

GLDG' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.73   Med: -0.02   Max: 0.12
Current: -0.01

During the past 13 years, the highest Debt-to-EBITDA Ratio of GoldMining was 0.12. The lowest was -0.73. And the median was -0.02.

GLDG's Debt-to-EBITDA is ranked worse than
100% of 594 companies
in the Metals & Mining industry
Industry Median: 1.21 vs GLDG: -0.01

GoldMining  (AMEX:GLDG) 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.


GoldMining Debt-to-EBITDA Related Terms


GoldMining Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for GoldMining'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.

GoldMining Debt-to-EBITDA Chart

GoldMining Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 -0.73 -0.02 -0.02 -0.01

GoldMining 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 -0.02 -0.01 -0.01 -0.01 -0.01

GLDG vs NEM, AU: Debt-to-EBITDA Comparison

For the Gold subindustry, GoldMining'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.


GoldMining Debt-to-EBITDA vs Metals & Mining Industry

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

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


GLDG
32GF Score
GoldMining Inc GLDG
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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GoldMining Debt-to-EBITDA Calculation

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

GoldMining's Debt-to-EBITDA for the fiscal year that ended in Nov. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.071 + 0.142) / -18.171
=-0.01

GoldMining'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
=(0.076 + 0.106) / -22.676
=-0.01

* 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 -0.01 mean?
GoldMining (GLDG) has a Debt-to-EBITDA of -0.01 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 GoldMining. According to the industry distribution chart, GoldMining ranks #999999 out of 594 companies in the Metals & Mining industry.
Is GoldMining's Debt-to-EBITDA too high?
GoldMining's current Debt-to-EBITDA is -0.01. Based on the distribution chart, GoldMining ranks #999999 out of 594 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, GoldMining has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does GoldMining's Debt-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, GoldMining ranks #999999 out of 594 companies for Debt-to-EBITDA. This places GoldMining 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 GoldMining. 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. GoldMining's current Debt-to-EBITDA is -0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GoldMining stock overvalued right now?
GoldMining (GLDG) has a current Debt-to-EBITDA of -0.01. The current Debt-to-EBITDA is -0.01. GoldMining's overall GF Score™ is 32/100 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 GoldMining (GLDG), the current Debt-to-EBITDA is -0.01 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.

GoldMining Business Description

Address 1188 West Georgia Street, Suite 1830, Vancouver, BC, CAN, V6E 4A2
GoldMining Inc is a mineral exploration company with a focus on the acquisition, exploration, and development of projects in Colombia, Brazil, the United States, Canada, and Peru. Its principal projects are the La Mina Gold project and its Titiribi Gold-Copper project, located in Colombia; the Sao Jorge Gold Project, located in Brazil; and its interest in the Whistler Gold-Copper Project, located in Alaska, United States. Additionally, the company has several other projects in its portfolio, such as the Yellowknife Gold Project, Cachoeira Gold Project, Surubim Gold Project, Yarumalito Gold Project, Rea Uranium Project, etc. The firm has two operating segments, with U.S. GoldMining as one distinct operating segment and all other subsidiaries, or Others, being the second operating segment.
32GF Score

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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.86
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