African Pioneer (LSE:AFP) Debt-to-EBITDA : -0.20 (As of Dec. 2025)


What is African Pioneer Debt-to-EBITDA?

African Pioneer LSE:AFP -5.56% Debt-to-EBITDA is -0.20 as of Dec. 2025. The stock has 3 warning signs investors should review. Among 591 Metals & Mining companies, African Pioneer ranks worse than 169204.57% on this metric.

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

African Pioneer's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was £0.09 Mil. African Pioneer's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was £0.00 Mil. African Pioneer's annualized EBITDA for the quarter that ended in Dec. 2025 was £-0.45 Mil. African Pioneer's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was -0.20.

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

LSE:AFP' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.88   Med: -0.16   Max: 0.1
Current: -0.16

During the past 8 years, the highest Debt-to-EBITDA Ratio of African Pioneer was 0.10. The lowest was -0.88. And the median was -0.16.

LSE:AFP's Debt-to-EBITDA is ranked worse than
100% of 591 companies
in the Metals & Mining industry
Industry Median: 1.23 vs LSE:AFP: -0.16

African Pioneer  (LSE:AFP) 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.


African Pioneer Debt-to-EBITDA Related Terms


African Pioneer Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for African Pioneer'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.

African Pioneer Debt-to-EBITDA Chart

African Pioneer Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial 0.10 -0.06 0.00 -0.14 -0.16

African Pioneer Semi-Annual Data
Dec18 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.00 0.00 -0.14 -0.08 -0.20

African Pioneer Debt-to-EBITDA Competitor Comparison

For the Other Industrial Metals & Mining subindustry, African Pioneer'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.


African Pioneer Debt-to-EBITDA vs Metals & Mining Industry

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

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



African Pioneer Debt-to-EBITDA Calculation

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

African Pioneer'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
=(0.091 + 0) / -0.557
=-0.16

African Pioneer'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
=(0.091 + 0) / -0.448
=-0.20

* 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 two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.20 mean?
African Pioneer (LSE:AFP) has a Debt-to-EBITDA of -0.20 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 African Pioneer. According to the industry distribution chart, African Pioneer ranks #999999 out of 591 companies in the Metals & Mining industry.
Is African Pioneer's Debt-to-EBITDA too high?
African Pioneer's current Debt-to-EBITDA is -0.20. Based on the distribution chart, African Pioneer ranks #999999 out of 591 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does African Pioneer's Debt-to-EBITDA compare to competitors?
According to the Metals & Mining industry distribution chart, African Pioneer ranks #999999 out of 591 companies for Debt-to-EBITDA. This places African Pioneer 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 African Pioneer. 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. African Pioneer's current Debt-to-EBITDA is -0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is African Pioneer stock overvalued right now?
African Pioneer (LSE:AFP) has a current Debt-to-EBITDA of -0.20. The current Debt-to-EBITDA is -0.20. 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 African Pioneer (LSE:AFP), the current Debt-to-EBITDA is -0.20 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.

African Pioneer Business Description

Address 19-21 Circular Road, Douglas, IMN, IM1 1AF
African Pioneer PLC is engaged in exploring opportunities within the natural resources sector in Sub-Saharan Africa, with a focus on base and precious metals, including but not limited to copper, nickel, and zinc. The company tends to enhance the value of its mineral resource Projects located in Namibia, Zambia, and Botswana through exploration and technical studies conducted by the company or through a joint venture or other arrangements to establish the projects. Its project portfolio comprises the Ongombo and Ongeama projects, Kalahari Copper Belt, Limpopo Mobile Belt, Central African Copperbelt, and the Zambezi Belt Copper and Gold projects.