TNGMF (TGX Energy & Resources) Debt-to-EBITDA : (As of Jun. 2026)

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TNGMF TGX Energy & Resources Inc TNGMF
27 GF Score
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What is TGX Energy & Resources Debt-to-EBITDA?

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

TGX Energy & Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0.02 Mil. TGX Energy & Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $4.99 Mil. TGX Energy & Resources's annualized EBITDA for the quarter that ended in Jun. 2026 was $-1.69 Mil. TGX Energy & Resources's annualized Debt-to-EBITDA for the quarter that ended in Jun. 2026 was -2.97.

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 TGX Energy & Resources's Debt-to-EBITDA or its related term are showing as below:

TNGMF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -46.34   Med: -9.56   Max: 36.1
Current: -9.76

During the past 13 years, the highest Debt-to-EBITDA Ratio of TGX Energy & Resources was 36.10. The lowest was -46.34. And the median was -9.56.

TNGMF's Debt-to-EBITDA is ranked worse than
100% of 614 companies
in the Metals & Mining industry
Industry Median: 1.03 vs TNGMF: -9.76

TGX Energy & Resources  (OTCPK:TNGMF) 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.


TGX Energy & Resources Debt-to-EBITDA Related Terms


TGX Energy & Resources Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for TGX Energy & Resources'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.

TGX Energy & Resources Debt-to-EBITDA Chart

TGX Energy & Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
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TGX Energy & Resources 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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TNGMF vs HL: Debt-to-EBITDA Comparison

For the Other Precious Metals & Mining subindustry, TGX Energy & Resources'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.


TGX Energy & Resources Debt-to-EBITDA vs Metals & Mining Industry

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

* The bar in red indicates where TGX Energy & Resources's Debt-to-EBITDA falls into.


TNGMF
27GF Score
TGX Energy & Resources Inc TNGMF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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TGX Energy & Resources Debt-to-EBITDA Calculation

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

TGX Energy & Resources'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
=(0.15648951304031 + 5.0591851176363) / -0.13442319974913
=-38.80

TGX Energy & Resources'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
=(0.017393480176211 + 4.9906706607929) / -1.6855437846499
=-2.97

* 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.


TGX Energy & Resources Business Description

Other Exchanges H82:GermanyTGX:Canada
Address 409 Granville Street, Suite 1000, Vancouver, BC, CAN, V6C 1T2
TGX Energy & Resources Inc is engaged in the exploration and evaluation of natural resource properties in Canada. The Company operates in a single reportable operating segment - the acquisition, exploration, and development of mineral properties in Canada.
27GF Score

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