Visible Gold Mines (TSXV:VGD) Debt-to-EBITDA : 0.02 (As of Jan. 2026)

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TSXV:VGD Visible Gold Mines Inc TSXV:VGD
39 GF Score
Price C$0.15
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What is Visible Gold Mines Debt-to-EBITDA?

Visible Gold Mines TSXV:VGD -11.76% 39 Debt-to-EBITDA is 0.02 as of Jan. 2026. GuruFocus rates TSXV:VGD with a GF Score™ of 39/100. Among 595 Metals & Mining companies, Visible Gold Mines ranks better than 95.46% on this metric.

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

Visible Gold Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was C$0.02 Mil. Visible Gold Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was C$0.03 Mil. Visible Gold Mines's annualized EBITDA for the quarter that ended in Jan. 2026 was C$2.56 Mil. Visible Gold Mines's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2026 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 Visible Gold Mines's Debt-to-EBITDA or its related term are showing as below:

TSXV:VGD' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -0.13   Med: -0.11   Max: 0.02
Current: 0.02

During the past 13 years, the highest Debt-to-EBITDA Ratio of Visible Gold Mines was 0.02. The lowest was -0.13. And the median was -0.11.

TSXV:VGD's Debt-to-EBITDA is ranked better than
95.46% of 595 companies
in the Metals & Mining industry
Industry Median: 1.22 vs TSXV:VGD: 0.02

Visible Gold Mines  (TSXV:VGD) 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.


Visible Gold Mines Debt-to-EBITDA Related Terms


Visible Gold Mines Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Visible Gold Mines'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.

Visible Gold Mines Debt-to-EBITDA Chart

Visible Gold Mines Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 -0.10 -0.11 -0.13

Visible Gold Mines Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
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 -0.15 -0.08 -0.29 0.01 0.02

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

For the Gold subindustry, Visible Gold Mines'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.


Visible Gold Mines Debt-to-EBITDA vs Metals & Mining Industry

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

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


TSXV:VGD
39GF Score
Visible Gold Mines Inc TSXV:VGD
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Visible Gold Mines Debt-to-EBITDA Calculation

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

Visible Gold Mines's Debt-to-EBITDA for the fiscal year that ended in Jul. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.018 + 0.039) / -0.43
=-0.13

Visible Gold Mines's annualized Debt-to-EBITDA for the quarter that ended in Jan. 2026 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(0.019 + 0.03) / 2.564
=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 (Jan. 2026) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 0.02 mean?
Visible Gold Mines (TSXV:VGD) has a Debt-to-EBITDA of 0.02 as of Jan. 2026. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Visible Gold Mines. According to the industry distribution chart, Visible Gold Mines ranks #27 out of 595 companies in the Metals & Mining industry, placing it in the top 4.5%.
Is Visible Gold Mines' Debt-to-EBITDA too high?
Visible Gold Mines' current Debt-to-EBITDA is 0.02. The Metals & Mining industry median Debt-to-EBITDA is 1.22. Visible Gold Mines' value of 0.02 is 98.4% below this industry median. Based on the distribution chart, Visible Gold Mines ranks #27 out of 595 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Visible Gold Mines has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Visible Gold Mines' Debt-to-EBITDA compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Visible Gold Mines ranks #27 out of 595 companies for Debt-to-EBITDA. This places Visible Gold Mines in the top 5% of its industry — outperforming the majority of peers. The industry median Debt-to-EBITDA is 1.22. Visible Gold Mines' value of 0.02 is 98.4% below this benchmark. 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 1.22, based on 595 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. Visible Gold Mines's current Debt-to-EBITDA of 0.02 is 98.4% 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 Visible Gold Mines. For the Metals & Mining industry, the median Debt-to-EBITDA is 1.22 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Visible Gold Mines'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 Visible Gold Mines stock overvalued right now?
Visible Gold Mines (TSXV:VGD) has a current Debt-to-EBITDA of 0.02. The current Debt-to-EBITDA is 0.02 and 98.4% below the Metals & Mining industry median of 1.22. Visible Gold Mines' overall GF Score™ is 39/100. 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 Visible Gold Mines (TSXV:VGD), the current Debt-to-EBITDA is 0.02 as of Jan. 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.

Visible Gold Mines Business Description

Other Exchanges VGMIF:USA3V41:Germany
Address 147 Avenue Quebec (porte arriere), Rouyn-Noranda, QC, CAN, J9X 6M8
Visible Gold Mines Inc is engaged in the acquisition and exploration of mineral properties with prospects for hosting gold mineral deposits in Canada. The company has a single reporting segment, being the exploration and evaluation of mineral resources. Its projects include the Cadillac Break, Lucky Break, Silidor, Stadacona, Wasa Creek, and Wasa East projects, and a minority interest in the Capricorn project, all located along the Cadillac-Larder Lake near the town of Rouyn-Noranda in the province of Quebec, Canada. Its Lithium James Bay projects include Megali, Carli, and Natali.
39GF 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$0.15
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