Black Spruce ExplorationLOMEF -10.39% Debt-to-EBITDA is 46.81 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 596 Metals & Mining companies, Black Spruce Exploration 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 Black Spruce Exploration's Debt-to-EBITDA or its related term are showing as below:
LOMEF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.17 Med: -0.11 Max: -0.02
Current: -0.1
During the past 13 years, the highest Debt-to-EBITDA Ratio of Black Spruce Exploration was -0.02. The lowest was -1.17. And the median was -0.11.
LOMEF's Debt-to-EBITDA is ranked worse than 100% of 596
companies
in the Metals & Mining industry
Industry Median: 1.235
vs LOMEF: -0.10
Black Spruce Exploration (OTCPK:LOMEF) 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.
Black Spruce Exploration Debt-to-EBITDA Related Terms
Black Spruce Exploration Debt-to-EBITDA Historical Data
* 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.
Black Spruce Exploration Debt-to-EBITDA Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Black Spruce Exploration'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.
Black Spruce Exploration Debt-to-EBITDA vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Black Spruce Exploration's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Black Spruce Exploration'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.
Black Spruce Exploration (LOMEF) has a Debt-to-EBITDA of 46.81 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 Black Spruce Exploration. According to the industry distribution chart, Black Spruce Exploration ranks #999999 out of 596 companies in the Metals & Mining industry.
Is Black Spruce Exploration's Debt-to-EBITDA too high?
Black Spruce Exploration's current Debt-to-EBITDA is 46.81. The Metals & Mining industry median Debt-to-EBITDA is 1.24. Black Spruce Exploration's value of 46.81 is 3690.3% above this industry median. Based on the distribution chart, Black Spruce Exploration ranks #999999 out of 596 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Black Spruce Exploration's Debt-to-EBITDA compare to competitors?
According to the Metals & Mining industry distribution chart, Black Spruce Exploration ranks #999999 out of 596 companies for Debt-to-EBITDA. This places Black Spruce Exploration in the lower half of its industry. The industry median Debt-to-EBITDA is 1.24. Black Spruce Exploration's value of 46.81 is 3690.3% above this benchmark. 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. Black Spruce Exploration's current Debt-to-EBITDA of 46.81 is 3690.3% above the industry median. 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 Black Spruce Exploration. 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. Black Spruce Exploration's current Debt-to-EBITDA is 46.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Spruce Exploration stock overvalued right now?
Black Spruce Exploration (LOMEF) has a current Debt-to-EBITDA of 46.81. The current Debt-to-EBITDA is 46.81 and 3690.3% above the Metals & Mining industry median of 1.24. 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 Black Spruce Exploration (LOMEF), the current Debt-to-EBITDA is 46.81 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.
Black Spruce Exploration Inc, formerly Lithium One Metals Inc is engaged in the exploration and evaluation of resource properties in North America. It is a lithium explorer with its projects in Ontario and Quebec, and its projects include Sirmac Property, Taycan Property, Root South Property, Sharp Property, and others.
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