STPGF (Steppe Gold) Debt-to-EBITDA : (As of Jun. 2026)

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STPGF Steppe Gold Ltd STPGF
61 GF Score
Price $1.31
GF Value $0.80
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Steppe Gold Debt-to-EBITDA?

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

Steppe Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $95.9 Mil. Steppe Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $78.8 Mil. Steppe Gold's annualized EBITDA for the quarter that ended in Jun. 2026 was $77.1 Mil. Steppe Gold's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was 2.27.

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

STPGF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -1.62   Med: 0.84   Max: 27.99
Current: 0.93

During the past 10 years, the highest Debt-to-EBITDA Ratio of Steppe Gold was 27.99. The lowest was -1.62. And the median was 0.84.

STPGF's Debt-to-EBITDA is ranked better than
52.28% of 614 companies
in the Metals & Mining industry
Industry Median: 1.03 vs STPGF: 0.93

Steppe Gold  (OTCPK:STPGF) 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.


Steppe Gold Debt-to-EBITDA Related Terms


Steppe Gold Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Steppe 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.

Steppe Gold Debt-to-EBITDA Chart

Steppe Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
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Steppe Gold Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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STPGF vs NEM, AU: Debt-to-EBITDA Comparison

For the Gold subindustry, Steppe 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.


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

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

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


STPGF
61GF Score
Steppe Gold Ltd STPGF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Steppe Gold Debt-to-EBITDA Calculation

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

Steppe 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
=(81.11 + 88.597) / 100.45100000011
=1.69

Steppe Gold'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
=(95.935 + 78.771) / 77.080000000508
=2.27

* 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.

Is Steppe Gold (STPGF) Overvalued in 2026?

Based on GuruFocus' analysis, Steppe Gold stock appears to be overvalued. The current stock price of $1.31 is trading 63.8% above its estimated GF Value™ of $0.80. GuruFocus considers Steppe Gold to be Significantly Overvalued.

Key valuation signals for STPGF:

  • Debt-to-EBITDA:
  • GF Value™: $0.80 vs. price of $1.31 (63.8% above fair value)
  • GF Score™: 61/100 with 1 warning sign

No single metric tells the full story. See the STPGF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Steppe Gold Business Description

Other Exchanges 2J9:GermanySTGO:Canada
Address Peace Avenue 17, 7th floor, Blue Sky Tower, Sukhbaatar District 1, Ulaanbaatar, MNG, 14241
Steppe Gold Ltd is engaged in operating, developing, exploring, and acquiring precious metal projects in Mongolia. The company's commercially producing mine is the Altan Tsagaan Ovoo Property (the ATO Project, or ATO Gold Mine), located in Eastern Mongolia. In addition, it owns the Boroo and Ulaanbulag mines (together as the Boroo Project), and holds interest rights in the Uudam Khundii (UK) project in Mongolia. The company derives its revenue from the sale of gold and silver to banks in Mongolia at London Metal Exchange-based spot rates. A majority of its revenue is generated from the sale of gold.
61GF Score

Get the complete analysis for STPGF

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

$1.31
Price
$0.80
GF Value