Solaris Resources (TSX:SLS) Debt-to-EBITDA : -0.03 (As of Mar. 2026)

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TSX:SLS Solaris Resources Inc TSX:SLS
35 GF Score
Price C$10.17
! 1 Warning Sign
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What is Solaris Resources Debt-to-EBITDA?

Solaris Resources TSX:SLS -3.24% 35 Debt-to-EBITDA is -0.03 as of Mar. 2026. GuruFocus rates TSX:SLS with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 596 Metals & Mining companies, Solaris Resources ranks worse than 167785.07% on this metric.

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

Solaris Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$0.06 Mil. Solaris Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$0.53 Mil. Solaris Resources's annualized EBITDA for the quarter that ended in Mar. 2026 was C$-21.17 Mil. Solaris Resources's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was -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.

The historical rank and industry rank for Solaris Resources's Debt-to-EBITDA or its related term are showing as below:

TSX:SLS' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.74   Med: -0.01   Max: 0
Current: -0.02

TSX:SLS's Debt-to-EBITDA is ranked worse than
100% of 596 companies
in the Metals & Mining industry
Industry Median: 1.235 vs TSX:SLS: -0.02

Solaris Resources  (TSX:SLS) 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.


Solaris Resources Debt-to-EBITDA Related Terms


Solaris Resources Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Solaris 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.

Solaris Resources Debt-to-EBITDA Chart

Solaris Resources Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
Get a 7-Day Free Trial -0.01 -0.00 -0.74 -0.70 -0.01

Solaris Resources 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 -0.94 -0.05 -0.01 -0.02 -0.03

TSX:SLS vs HL: Debt-to-EBITDA Comparison

For the Other Precious Metals & Mining subindustry, Solaris 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.


Solaris Resources Debt-to-EBITDA vs Metals & Mining Industry

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

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


TSX:SLS
35GF Score
Solaris Resources Inc TSX:SLS
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Solaris Resources Debt-to-EBITDA Calculation

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

Solaris 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
=(0.079 + 0.579) / -48.124
=-0.01

Solaris Resources'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
=(0.055 + 0.534) / -21.172
=-0.03

* 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 -0.03 mean?
Solaris Resources (TSX:SLS) has a Debt-to-EBITDA of -0.03 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 Solaris Resources. According to the industry distribution chart, Solaris Resources ranks #999999 out of 596 companies in the Metals & Mining industry.
Is Solaris Resources' Debt-to-EBITDA too high?
Solaris Resources' current Debt-to-EBITDA is -0.03. Based on the distribution chart, Solaris Resources ranks #999999 out of 596 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Solaris Resources has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Solaris Resources' Debt-to-EBITDA compare to HL?
According to the Metals & Mining industry distribution chart, Solaris Resources ranks #999999 out of 596 companies for Debt-to-EBITDA. This places Solaris Resources in the lower half of its industry. The industry median Debt-to-EBITDA is 1.24. 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 1.24, based on 596 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 Solaris Resources. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Solaris Resources's current Debt-to-EBITDA is -0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Solaris Resources stock overvalued right now?
Solaris Resources (TSX:SLS) has a current Debt-to-EBITDA of -0.03. The current Debt-to-EBITDA is -0.03. Solaris Resources' overall GF Score™ is 35/100 with 1 warning sign 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 Solaris Resources (TSX:SLS), the current Debt-to-EBITDA is -0.03 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.

Solaris Resources Business Description

Other Exchanges SLSR:USA3W2N:Germany
Address Neuhofstrasse 5A, Baar, CHE, 6340
Solaris Resources Inc is engaged in the acquisition, exploration, and development of mineral property interests. Its properties include the Warintza property in Ecuador, the La Verde property in Mexico, and the Tamarugo property in Chile.
35GF Score

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

C$10.17
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