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Galaxy DigitalGLXY -9.27%38 Debt-to-EBITDA is -5.49 as of Mar. 2026. GuruFocus rates GLXY with a GF Score™ of 38/100. The stock has 5 warning signs investors should review. Among 422 Capital Markets companies, Galaxy Digital ranks worse than 236966.59% 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 Galaxy Digital's Debt-to-EBITDA or its related term are showing as below:
GLXY'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -40.83 Med: -11.42 Max: 7.26
Current: -40.83
During the past 13 years, the highest Debt-to-EBITDA Ratio of Galaxy Digital was 7.26. The lowest was -40.83. And the median was -11.42.
GLXY's Debt-to-EBITDA is ranked worse than 100% of 422
companies
in the Capital Markets industry
Industry Median: 1.6
vs GLXY: -40.83
Galaxy Digital (NAS:GLXY) 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.
Galaxy Digital Debt-to-EBITDA Related Terms
Galaxy Digital Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Galaxy Digital'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.
GLXY vs MARA, BGC, VIRT: Debt-to-EBITDA Comparison
For the Capital Markets subindustry, Galaxy Digital'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.
Galaxy Digital Debt-to-EBITDA vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Galaxy Digital's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Galaxy Digital'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.
Galaxy Digital (GLXY) has a Debt-to-EBITDA of -5.49 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 Galaxy Digital. According to the industry distribution chart, Galaxy Digital ranks #999999 out of 422 companies in the Capital Markets industry.
Is Galaxy Digital's Debt-to-EBITDA too high?
Galaxy Digital's current Debt-to-EBITDA is -5.49. Based on the distribution chart, Galaxy Digital ranks #999999 out of 422 companies in the Capital Markets industry, which is in the bottom quartile relative to peers. Overall, Galaxy Digital has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Galaxy Digital's Debt-to-EBITDA compare to MARA and BGC?
According to the Capital Markets industry distribution chart, Galaxy Digital ranks #999999 out of 422 companies for Debt-to-EBITDA. This places Galaxy Digital in the lower half of its industry. The industry median Debt-to-EBITDA is 1.60. 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 Capital Markets company?
The median Debt-to-EBITDA among Capital Markets companies is 1.60, based on 422 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 Galaxy Digital. For the Capital Markets industry, the median Debt-to-EBITDA is 1.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Galaxy Digital's current Debt-to-EBITDA is -5.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Galaxy Digital stock overvalued right now?
Galaxy Digital (GLXY) has a current Debt-to-EBITDA of -5.49. The current Debt-to-EBITDA is -5.49. Galaxy Digital's overall GF Score™ is 38/100 with 5 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 Galaxy Digital (GLXY), the current Debt-to-EBITDA is -5.49 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.
Galaxy Digital Inc is engaged in digital assets and data center infrastructure, delivering solutions that accelerate progress in finance and artificial intelligence. Its digital assets platform offers institutional access to trading, advisory, asset management, staking, self-custody, and tokenization technology. The company invests in and operates cutting-edge data center infrastructure to power AI and high-performance computing, meeting the growing demand for scalable energy and compute solutions in the U.S. It has three operating business segments, Digital Assets and Data Centers, along with a Treasury & Corporate segment.
38GF Score
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