Cerrado Gold (TSXV:CERT) Debt-to-EBITDA : 0.53 (As of Mar. 2026) — 72% Below Median

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TSXV:CERT Cerrado Gold Inc TSXV:CERT
38 GF Score
Price C$1.76
GF Value C$0.81
Valuation Significantly Overvalued
! 1 Warning Sign
View Full Analysis

What is Cerrado Gold Debt-to-EBITDA?

Cerrado Gold TSXV:CERT +1.15% 38 Debt-to-EBITDA is 0.53 as of Mar. 2026, which is 72% below its 10-year median of 1.88. GuruFocus rates TSXV:CERT with a GF Score™ of 38/100 and a GF Value™ of C$0.81 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 594 Metals & Mining companies, Cerrado Gold ranks better than 55.39% on this metric.

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

Cerrado Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$48.8 Mil. Cerrado Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$26.1 Mil. Cerrado Gold's annualized EBITDA for the quarter that ended in Mar. 2026 was C$141.4 Mil. Cerrado Gold's annualized Debt-to-EBITDA for the quarter that ended in Mar. 2026 was 0.53.

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

TSXV:CERT' s Debt-to-EBITDA Range Over the Past 10 Years
Min: 0.96   Med: 1.88   Max: 2.84
Current: 0.96

During the past 5 years, the highest Debt-to-EBITDA Ratio of Cerrado Gold was 2.84. The lowest was 0.96. And the median was 1.88.

TSXV:CERT's Debt-to-EBITDA is ranked better than
55.39% of 594 companies
in the Metals & Mining industry
Industry Median: 1.21 vs TSXV:CERT: 0.96

Cerrado Gold  (TSXV:CERT) 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.


Cerrado Gold Debt-to-EBITDA Related Terms


Cerrado Gold Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Cerrado 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.

Cerrado Gold Debt-to-EBITDA Chart

Cerrado Gold Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-EBITDA
1.88 2.84 2.77 1.21 1.45

Cerrado 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 3.10 1.78 1.69 0.68 0.53

TSXV:CERT vs NEM, AU: Debt-to-EBITDA Comparison

For the Gold subindustry, Cerrado 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.


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

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

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


TSXV:CERT
38GF Score
Cerrado Gold Inc TSXV:CERT
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Cerrado Gold Debt-to-EBITDA Calculation

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

Cerrado 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
=(37.499 + 29.439) / 46.331
=1.44

Cerrado 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
=(48.788 + 26.071) / 141.364
=0.53

* 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 0.53 mean?
Cerrado Gold (TSXV:CERT) has a Debt-to-EBITDA of 0.53 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 Cerrado Gold. This is 72% below median its historical median of 1.88. Over the past decade, Cerrado Gold's Debt-to-EBITDA has ranged from 0.96 to 2.84. According to the industry distribution chart, Cerrado Gold ranks #265 out of 594 companies in the Metals & Mining industry, placing it in the top 44.6%.
Is Cerrado Gold's Debt-to-EBITDA too high?
Cerrado Gold's current Debt-to-EBITDA of 0.53 is 72% below median its 10-year median of 1.88. Over the past 10 years, this metric has ranged from a low of 0.96 to a high of 2.84. The Metals & Mining industry median Debt-to-EBITDA is 1.21. Cerrado Gold's value of 0.53 is 56.2% below this industry median. Based on the distribution chart, Cerrado Gold ranks #265 out of 594 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Cerrado Gold has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Cerrado Gold's Debt-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Cerrado Gold ranks #265 out of 594 companies for Debt-to-EBITDA. This puts Cerrado Gold in the upper half of its industry. The industry median Debt-to-EBITDA is 1.21. Cerrado Gold's value of 0.53 is 56.2% below this benchmark. Historically, Cerrado Gold's own Debt-to-EBITDA has ranged from 0.96 to 2.84 over the past decade. While the company's 10-year median is 1.88 vs. the industry median of 1.21, Cerrado Gold has consistently been below the industry average. 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 1.21, based on 594 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. Cerrado Gold's current Debt-to-EBITDA of 0.53 is 56.2% 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 Cerrado Gold. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Cerrado Gold's current Debt-to-EBITDA is 0.53, which is 72% below median its own 10-year median of 1.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cerrado Gold stock overvalued right now?
Based on GuruFocus' analysis, Cerrado Gold (TSXV:CERT) is currently considered Significantly Overvalued. The stock's GF Value™ is C$0.81, compared to a current price of C$1.76 — trading 117.3% above its estimated fair value. The current Debt-to-EBITDA is 0.53, which is 72% below median its 10-year median of 1.88 and 56.2% below the Metals & Mining industry median of 1.21. Cerrado Gold's overall GF Score™ is 38/100 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 Cerrado Gold (TSXV:CERT), the current Debt-to-EBITDA is 0.53 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.

Is Cerrado Gold (TSXV:CERT) Overvalued in 2026?

Based on GuruFocus' analysis, Cerrado Gold stock appears to be overvalued. The current stock price of C$1.76 is trading 117.3% above its estimated GF Value™ of C$0.81. GuruFocus considers Cerrado Gold to be Significantly Overvalued.

Key valuation signals for TSXV:CERT:

  • Debt-to-EBITDA: 0.53 (72% below median its 10-year median of 1.88)
  • GF Value™: C$0.81 vs. price of C$1.76 (117.3% above fair value)
  • GF Score™: 38/100 with 1 warning sign
  • Industry Position: 56.2% below the Metals & Mining median (#265 of 594)

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


Cerrado Gold Business Description

Other Exchanges CRDOF:USABAI0:Germany
Address 110 Yonge Street, Suite 501, Toronto, ON, CAN, M5C 1T4
Cerrado Gold Inc is a mining, minerals production, and exploration company focused on precious metals in Brazil and Argentina. The Company is mainly focused on its producing Don Nicolas gold and silver mine in Argentina, with an emphasis on increasing gold equivalent production and optimizing mine operations. It is also engaged in evaluating exploration and mineral resource opportunities. Its projects include the Mont Sorcier Iron project, the Monte do Carmo (MDC) Gold Project in Brazil, and a vanadium project in Roy Township, Quebec, east of the Town of Chibougamau, among others.
38GF Score

Get the complete analysis for TSXV:CERT

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

C$1.76
Price
C$0.81
GF Value