GRCAF (Gold Springs Resource) Debt-to-EBITDA : -0.05 (As of Mar. 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 Gold Springs Resource Debt-to-EBITDA?

Gold Springs Resource GRCAF Debt-to-EBITDA is -0.05 as of Mar. 2026. Among 596 Metals & Mining companies, Gold Springs Resource ranks worse than 167785.07% on this metric.

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

Gold Springs Resource's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.03 Mil. Gold Springs Resource's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Gold Springs Resource's annualized EBITDA for the quarter that ended in Mar. 2026 was $-0.54 Mil. Gold Springs Resource's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -0.05.

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

GRCAF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.03   Med: -0.05   Max: -0.02
Current: -0.05

During the past 13 years, the highest Debt-to-EBITDA Ratio of Gold Springs Resource was -0.02. The lowest was -1.03. And the median was -0.05.

GRCAF's Debt-to-EBITDA is ranked worse than
100% of 596 companies
in the Metals & Mining industry
Industry Median: 1.235 vs GRCAF: -0.05

Gold Springs Resource  (OTCPK:GRCAF) 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.


Gold Springs Resource Debt-to-EBITDA Related Terms


Gold Springs Resource Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Gold Springs Resource'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.

Gold Springs Resource Debt-to-EBITDA Chart

Gold Springs Resource Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.03 -0.03 -0.05 -0.05 -0.05

Gold Springs Resource Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.05 -0.06 -0.04 -0.04 -0.05

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

For the Gold subindustry, Gold Springs Resource'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.


Gold Springs Resource Debt-to-EBITDA vs Metals & Mining Industry

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

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



Gold Springs Resource Debt-to-EBITDA Calculation

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

Gold Springs Resource's Debt-to-EBITDA for the fiscal year 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
=(0.029 + 0) / -0.592
=-0.05

Gold Springs Resource's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.029 + 0) / -0.536
=-0.05

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.05 mean?
Gold Springs Resource (GRCAF) has a Debt-to-EBITDA of -0.05 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 Gold Springs Resource. According to the industry distribution chart, Gold Springs Resource ranks #999999 out of 596 companies in the Metals & Mining industry.
Is Gold Springs Resource's Debt-to-EBITDA too high?
Gold Springs Resource's current Debt-to-EBITDA is -0.05. Based on the distribution chart, Gold Springs Resource ranks #999999 out of 596 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Gold Springs Resource's Debt-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Gold Springs Resource ranks #999999 out of 596 companies for Debt-to-EBITDA. This places Gold Springs Resource 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 Gold Springs Resource. 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. Gold Springs Resource's current Debt-to-EBITDA is -0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gold Springs Resource stock overvalued right now?
Gold Springs Resource (GRCAF) has a current Debt-to-EBITDA of -0.05. The current Debt-to-EBITDA is -0.05. 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 Gold Springs Resource (GRCAF), the current Debt-to-EBITDA is -0.05 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.

Gold Springs Resource Business Description

Other Exchanges SS7A:GermanyGRC:Canada
Address 1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Gold Springs Resource Corp is a growth-focused mineral exploration company advancing the district-scale Gold Springs gold project situated in mining-friendly Nevada and Utah. The Company's activities include the acquisition, exploration and development of mineral properties. Its operations are limited to a single industry segment, being mineral exploration and development. Geographically, the company operates in Canada, and United States.