MGMNF (Magna Mining) Debt-to-EBITDA : -1.30 (As of Jun. 2026)

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MGMNF Magna Mining Inc MGMNF
33 GF Score
Price $1.85
! 3 Warning Signs
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What is Magna Mining Debt-to-EBITDA?

Magna Mining MGMNF -4.15% 33 Debt-to-EBITDA is -1.30 as of Jun. 2026. GuruFocus rates MGMNF with a GF Score™ of 33/100. The stock has 3 warning signs investors should review. Among 606 Metals & Mining companies, Magna Mining ranks worse than 165016.34% on this metric.

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

Magna Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0.06 Mil. Magna Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $11.84 Mil. Magna Mining's annualized EBITDA for the quarter that ended in Jun. 2026 was $-9.17 Mil. Magna Mining's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was -1.30.

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 Magna Mining's Debt-to-EBITDA or its related term are showing as below:

MGMNF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.08   Med: -0.01   Max: 0
Current: -0.53

MGMNF's Debt-to-EBITDA is ranked worse than
100% of 606 companies
in the Metals & Mining industry
Industry Median: 1.1 vs MGMNF: -0.53

Magna Mining  (OTCPK:MGMNF) 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.


Magna Mining Debt-to-EBITDA Related Terms


Magna Mining Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Magna Mining'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.

Magna Mining Debt-to-EBITDA Chart

Magna Mining Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial -0.01 -0.00 -0.00 -0.00 -3.08

Magna Mining Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 -0.57 -0.45 -0.21 -6.55 -1.30

Magna Mining Debt-to-EBITDA Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Magna Mining'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.


Magna Mining Debt-to-EBITDA vs Metals & Mining Industry

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

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


MGMNF
33GF Score
Magna Mining Inc MGMNF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Magna Mining Debt-to-EBITDA Calculation

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

Magna Mining'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
=(0.101 + 11.423) / -3.74
=-3.08

Magna Mining's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.064 + 11.836) / -9.168
=-1.30

* 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 (Jun. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -1.30 mean?
Magna Mining (MGMNF) has a Debt-to-EBITDA of -1.30 as of Jun. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Magna Mining. According to the industry distribution chart, Magna Mining ranks #999999 out of 606 companies in the Metals & Mining industry.
Is Magna Mining's Debt-to-EBITDA too high?
Magna Mining's current Debt-to-EBITDA is -1.30. Based on the distribution chart, Magna Mining ranks #999999 out of 606 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Magna Mining has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Magna Mining's Debt-to-EBITDA compare to competitors?
According to the Metals & Mining industry distribution chart, Magna Mining ranks #999999 out of 606 companies for Debt-to-EBITDA. This places Magna Mining in the lower half of its industry. The industry median Debt-to-EBITDA is 1.10. 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 1.10, based on 606 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 Magna Mining. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.10 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Magna Mining's current Debt-to-EBITDA is -1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Magna Mining stock overvalued right now?
Magna Mining (MGMNF) has a current Debt-to-EBITDA of -1.30. The current Debt-to-EBITDA is -1.30. Magna Mining's overall GF Score™ is 33/100 with 3 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 Magna Mining (MGMNF), the current Debt-to-EBITDA is -1.30 as of Jun. 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.

Magna Mining Business Description

Other Exchanges 8YD:GermanyNICU:Canada
Address 1300 Kelly Lake Road, Sudbury, ON, CAN, P3E 5P4
Magna Mining Inc is a producing mining company with a portfolio of copper, nickel, and platinum group metals with operating, exploration, and development projects in the Sudbury Region of Ontario, Canada. The Company's primary assets are the producing McCreedy West copper mine and the past-producing Levack, Podolsky, Shakespeare, and Crean Hill mines. It has one reportable operating segment, being the acquisition, exploration, and development of mineral properties. The Company's assets are located in Canada.
33GF Score

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Debt-to-EBITDA is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.85
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