HVGDF (Harvest Gold) Debt-to-EBITDA : 0.00 (As of Dec. 2025)

What is Harvest Gold Debt-to-EBITDA?

Harvest Gold HVGDF -57.50% Debt-to-EBITDA is 0.00 as of Dec. 2025. The stock has 2 warning signs investors should review. Among 591 Metals & Mining companies, Harvest Gold ranks worse than 169204.57% on this metric.

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

Harvest Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $0.00 Mil. Harvest Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $0.00 Mil. Harvest Gold's annualized EBITDA for the quarter that ended in Dec. 2025 was $-0.51 Mil. Harvest Gold's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 0.00.

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

HVGDF's Debt-to-EBITDA is not ranked ^*
in the Metals & Mining industry.
Industry Median: 1.23
* Ranked among companies with meaningful Debt-to-EBITDA only.

Harvest Gold (OTCPK:HVGDF) 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.

Harvest Gold Debt-to-EBITDA Related Terms

Harvest Gold Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Harvest 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.

Harvest Gold Debt-to-EBITDA Chart

Harvest Gold Annual Data

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Debt-to-EBITDA

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Harvest Gold Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25	Jun25	Sep25	Dec25
Debt-to-EBITDA	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

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

For the Gold subindustry, Harvest 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.

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

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

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

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Harvest Gold Debt-to-EBITDA Calculation

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

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

Debt-to-EBITDA	=	Total Debt			/	EBITDA
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	EBITDA
	=	(0	+	0)	/	-1.824
	=	0.00

Harvest Gold's annualized Debt-to-EBITDA for the quarter 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	+	0)	/	-0.508
	=	0.00

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 (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →

What does a Debt-to-EBITDA of 0.00 mean?

Harvest Gold (HVGDF) has a Debt-to-EBITDA of 0.00 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 Harvest Gold. According to the industry distribution chart, Harvest Gold ranks #999999 out of 591 companies in the Metals & Mining industry.

Is Harvest Gold's Debt-to-EBITDA too high?

Harvest Gold's current Debt-to-EBITDA is 0.00. Based on the distribution chart, Harvest Gold ranks #999999 out of 591 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.

How does Harvest Gold's Debt-to-EBITDA compare to NEM and AU?

According to the Metals & Mining industry distribution chart, Harvest Gold ranks #999999 out of 591 companies for Debt-to-EBITDA. This places Harvest Gold in the lower half of its industry. The industry median Debt-to-EBITDA is 1.23. 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 1.23, based on 591 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 Harvest Gold. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Harvest Gold's current Debt-to-EBITDA is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.

Is Harvest Gold stock overvalued right now?

Harvest Gold (HVGDF) has a current Debt-to-EBITDA of 0.00. The current Debt-to-EBITDA is 0.00. 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 Harvest Gold (HVGDF), the current Debt-to-EBITDA is 0.00 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.

Harvest Gold Business Description

Industry Basic Materials Metals & Mining

Comparable Companies TSXV:ZFR TSXV:AUEN TSXV:NXS XCNQ:ASHL TSXV:HAY TSXV:PGC TSXV:TRU TSXV:OBUL TSXV:TBLL TSXV:GUG NEM SHSE:601899 TSX:AEM TSX:ABX TSX:WPM TSX:FNV AU HKSE:02259 JSE:GFI TSX:K

Other Exchanges HVG:Canada

Address 1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6

Website http://www.harvestgoldcorp.com

Harvest Gold Corp is a mineral exploration and resource development company. It is focused on the discovery of economic copper, gold, and silver ore bodies. The company's exploration projects include Emerson, Jacobite & Goathorn, British Columbia; Mosseau, Quebec; and Urban Barry, Quebec.