Armory Mining (STU:2JS) Debt-to-EBITDA : -0.02 (As of Nov. 2025)


What is Armory Mining Debt-to-EBITDA?

Armory Mining STU:2JS +27.45% Debt-to-EBITDA is -0.02 as of Nov. 2025. The stock has 1 warning sign investors should review. Among 591 Metals & Mining companies, Armory Mining ranks worse than 169204.57% on this metric.

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

Armory Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2025 was €0.06 Mil. Armory Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2025 was €0.00 Mil. Armory Mining's annualized EBITDA for the quarter that ended in Nov. 2025 was €-3.63 Mil. Armory Mining's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2025 was -0.02.

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

STU:2JS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.04   Med: -0.02   Max: -0.01
Current: -0.03

During the past 9 years, the highest Debt-to-EBITDA Ratio of Armory Mining was -0.01. The lowest was -0.04. And the median was -0.02.

STU:2JS's Debt-to-EBITDA is ranked worse than
100% of 591 companies
in the Metals & Mining industry
Industry Median: 1.23 vs STU:2JS: -0.03

Armory Mining  (STU:2JS) 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.


Armory Mining Debt-to-EBITDA Related Terms


Armory Mining Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Armory 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.

Armory Mining Debt-to-EBITDA Chart

Armory Mining Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only N/A -0.01 -0.01 -0.04 -0.03

Armory Mining Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
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 -0.03 -0.01 -0.02 -0.04 -0.02

Armory Mining Debt-to-EBITDA Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Armory 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.


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

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

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



Armory Mining Debt-to-EBITDA Calculation

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

Armory Mining's Debt-to-EBITDA for the fiscal year that ended in Nov. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.055 + 0) / -2.024
=-0.03

Armory Mining's annualized Debt-to-EBITDA for the quarter that ended in Nov. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.055 + 0) / -3.628
=-0.02

* 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 (Nov. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of -0.02 mean?
Armory Mining (STU:2JS) has a Debt-to-EBITDA of -0.02 as of Nov. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Armory Mining. According to the industry distribution chart, Armory Mining ranks #999999 out of 591 companies in the Metals & Mining industry.
Is Armory Mining's Debt-to-EBITDA too high?
Armory Mining's current Debt-to-EBITDA is -0.02. Based on the distribution chart, Armory Mining ranks #999999 out of 591 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Armory Mining's Debt-to-EBITDA compare to competitors?
According to the Metals & Mining industry distribution chart, Armory Mining ranks #999999 out of 591 companies for Debt-to-EBITDA. This places Armory Mining 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 Armory Mining. 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. Armory Mining's current Debt-to-EBITDA is -0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Armory Mining stock overvalued right now?
Armory Mining (STU:2JS) has a current Debt-to-EBITDA of -0.02. The current Debt-to-EBITDA is -0.02. 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 Armory Mining (STU:2JS), the current Debt-to-EBITDA is -0.02 as of Nov. 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.

Armory Mining Business Description

Other Exchanges RMRYF:USAARMY:Canada
Address 1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Armory Mining Corps is a Canadian lithium-focused mineral exploration company that has an 80% interest in the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina. Armory also holds a 100% interest in the Kaslo Silver project, west of Kaslo, British Columbia, a 100% interest in certain mineral claims located in Haida Gwaii, British Columbia and an option to acquire a 100% interest in certain mineral claims located in Nova Scotia.