NIOVF (Plato Gold) Debt-to-EBITDA : 0.29 (As of Mar. 2026)

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What is Plato Gold Debt-to-EBITDA?

Plato Gold NIOVF Debt-to-EBITDA is 0.29 as of Mar. 2026. The stock has 1 warning sign investors should review. Among 606 Metals & Mining companies, Plato Gold ranks worse than 56.27% on this metric.

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

Plato Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1.14 Mil. Plato Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Plato Gold's annualized EBITDA for the quarter that ended in Mar. 2026 was $3.90 Mil. Plato Gold's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.29.

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

NIOVF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -4.92   Med: -0.14   Max: 1.52
Current: 1.52

During the past 13 years, the highest Debt-to-EBITDA Ratio of Plato Gold was 1.52. The lowest was -4.92. And the median was -0.14.

NIOVF's Debt-to-EBITDA is ranked worse than
56.27% of 606 companies
in the Metals & Mining industry
Industry Median: 1.1 vs NIOVF: 1.52

Plato Gold  (OTCPK:NIOVF) 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.


Plato Gold Debt-to-EBITDA Related Terms


Plato Gold Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Plato 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.

Plato Gold Debt-to-EBITDA Chart

Plato Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -0.14 0.00 0.00 -4.92

Plato Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 -0.28 -1.53 0.36 0.29

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

For the Gold subindustry, Plato 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.


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

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

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



Plato Gold Debt-to-EBITDA Calculation

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

Plato Gold'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
=(1.137 + 0) / -0.231
=-4.92

Plato Gold's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(1.143 + 0) / 3.896
=0.29

* 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.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.29 mean?
Plato Gold (NIOVF) has a Debt-to-EBITDA of 0.29 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 Plato Gold. According to the industry distribution chart, Plato Gold ranks #341 out of 606 companies in the Metals & Mining industry, placing it in the top 56.3%.
Is Plato Gold's Debt-to-EBITDA too high?
Plato Gold's current Debt-to-EBITDA is 0.29. The Metals & Mining industry median Debt-to-EBITDA is 1.10. Plato Gold's value of 0.29 is 73.6% below this industry median. Based on the distribution chart, Plato Gold ranks #341 out of 606 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Plato Gold's Debt-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Plato Gold ranks #341 out of 606 companies for Debt-to-EBITDA. This places Plato Gold in the lower half of its industry. The industry median Debt-to-EBITDA is 1.10. Plato Gold's value of 0.29 is 73.6% below 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 1.10, 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. Plato Gold's current Debt-to-EBITDA of 0.29 is 73.6% below 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 Plato Gold. 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. Plato Gold's current Debt-to-EBITDA is 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Plato Gold stock overvalued right now?
Plato Gold (NIOVF) has a current Debt-to-EBITDA of 0.29. The current Debt-to-EBITDA is 0.29 and 73.6% below the Metals & Mining industry median of 1.10. 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 Plato Gold (NIOVF), the current Debt-to-EBITDA is 0.29 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.

Plato Gold Business Description

Other Exchanges PGC:Canada
Address 1240 Bay Street, Suite 800, Toronto, ON, CAN, M5R 2A7
Plato Gold Corp is a gold and rare minerals exploration company with four projects. The first project, Good Hope Niobium Project in the Killala Lake Area and Cairngorm Lake Area Townships, northwest of Marathon, Ontario. The second project, the Pic River Platinum Group Metals Project consists of Single Cell Mining Claims in the Foxtrap Lake and Grain Township, Thunder Bay Mining District, in Ontario. The third project, the Lolita Project in Santa Cruz, Argentina. The fourth project, the Timmins Gold Project in Northern Ontario.