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MiniMax GroupMNMXF -52.50%10 Debt-to-EBITDA is -0.01 as of Dec. 2025. GuruFocus rates MNMXF with a GF Score™ of 10/100. The stock has 2 warning signs investors should review. Among 1,735 Software companies, MiniMax Group ranks worse than 57636.83% 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 MiniMax Group's Debt-to-EBITDA or its related term are showing as below:
MNMXF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.08 Med: -0.02 Max: -0.01
Current: -0.03
During the past 4 years, the highest Debt-to-EBITDA Ratio of MiniMax Group was -0.01. The lowest was -0.08. And the median was -0.02.
MNMXF's Debt-to-EBITDA is ranked worse than 100% of 1735
companies
in the Software industry
Industry Median: 0.98
vs MNMXF: -0.03
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.
MiniMax Group Debt-to-EBITDA Related Terms
MiniMax Group Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for MiniMax Group'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.
MiniMax Group Debt-to-EBITDA Chart
MiniMax Group Annual Data
Trend
Dec22
Dec23
Dec24
Dec25
Debt-to-EBITDA
-0.01
-0.01
-0.08
-0.02
MiniMax Group Quarterly Data
Dec22
Dec23
Dec24
Sep25
Dec25
Debt-to-EBITDA
N/A
N/A
-0.06
N/A
-0.01
MNMXF vs : Debt-to-EBITDA Comparison
For the Software - Infrastructure subindustry, MiniMax Group'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.
MiniMax Group Debt-to-EBITDA vs Software Industry
For the Software industry and Technology sector, MiniMax Group's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where MiniMax Group'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 (Dec. 2025) EBITDA data.
MiniMax Group (MNMXF) has a Debt-to-EBITDA of -0.01 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 MiniMax Group. According to the industry distribution chart, MiniMax Group ranks #999999 out of 1735 companies in the Software industry.
Is MiniMax Group's Debt-to-EBITDA too high?
MiniMax Group's current Debt-to-EBITDA is -0.01. Based on the distribution chart, MiniMax Group ranks #999999 out of 1735 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, MiniMax Group has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does MiniMax Group's Debt-to-EBITDA compare to ?
According to the Software industry distribution chart, MiniMax Group ranks #999999 out of 1735 companies for Debt-to-EBITDA. This places MiniMax Group in the lower half of its industry. The industry median Debt-to-EBITDA is 0.98. 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 Software company?
The median Debt-to-EBITDA among Software companies is 0.98, based on 1,735 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 MiniMax Group. For the Software industry, the median Debt-to-EBITDA is 0.98 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MiniMax Group's current Debt-to-EBITDA is -0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MiniMax Group stock overvalued right now?
MiniMax Group (MNMXF) has a current Debt-to-EBITDA of -0.01. The current Debt-to-EBITDA is -0.01. MiniMax Group's overall GF Score™ is 10/100 with 2 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 MiniMax Group (MNMXF), the current Debt-to-EBITDA is -0.01 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.
MiniMax Group Inc is a AI foundation model company. It is committed to driving AI innovation towards performing the full range of human intellectual tasks, from learning and reasoning to planning and generalizing knowledge across diverse domains. Its proprietary foundation model suite, led by MiniMax-M2, Hailuo-02, and Speech-02, has long context processing capacity and can understand, generate, and integrate a wide range of modalities, including text, video, and audio. These models power its AI-native products - including MiniMax, Hailuo AI, MiniMax Audio, Talkie/Xingye, and its enterprise and developer-facing Open Platform, delivering intelligent and dynamic experiences to users globally.
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