VTEXF (Develop Global) Debt-to-EBITDA : 10.68 (As of Dec. 2025)


VTEXF Develop Global Ltd VTEXF
51 GF Score
Price $3.66
GF Value $3.44
! 8 Warning Signs
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What is Develop Global Debt-to-EBITDA?

Develop Global VTEXF 51 Debt-to-EBITDA is 10.68 as of Dec. 2025. GuruFocus rates VTEXF with a GF Score™ of 51/100 and a GF Value™ of $3.44. The stock has 8 warning signs investors should review. Among 591 Metals & Mining companies, Develop Global ranks worse than 91.37% on this metric.

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

Develop Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $34.5 Mil. Develop Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $70.4 Mil. Develop Global's annualized EBITDA for the quarter that ended in Dec. 2025 was $9.8 Mil. Develop Global's annualized Debt-to-EBITDA for the quarter that ended in Dec. 2025 was 10.68.

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 Develop Global's Debt-to-EBITDA or its related term are showing as below:

VTEXF' s Debt-to-EBITDA Range Over the Past 10 Years
Min: -19.29   Med: -0.2   Max: 11.27
Current: 11.27

During the past 13 years, the highest Debt-to-EBITDA Ratio of Develop Global was 11.27. The lowest was -19.29. And the median was -0.20.

VTEXF's Debt-to-EBITDA is ranked worse than
91.37% of 591 companies
in the Metals & Mining industry
Industry Median: 1.23 vs VTEXF: 11.27

Develop Global  (OTCPK:VTEXF) 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.


Develop Global Debt-to-EBITDA Related Terms


Develop Global Debt-to-EBITDA Historical Data

* Premium members only.

The historical data trend for Develop Global'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.

Develop Global Debt-to-EBITDA Chart

Develop Global Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-EBITDA
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.00 -0.41 -19.29 3.49 5.87

Develop Global Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 2.30 4.72 3.89 11.96 10.68

Develop Global Debt-to-EBITDA Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Develop Global'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.


Develop Global Debt-to-EBITDA vs Metals & Mining Industry

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

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


VTEXF
51GF Score
Develop Global Ltd VTEXF
Debt-to-EBITDA is just one metric. See GF Score™, valuation, warning signs, and more.
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Develop Global Debt-to-EBITDA Calculation

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

Develop Global's Debt-to-EBITDA for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-EBITDA=Total Debt / EBITDA
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / EBITDA
=(27.61 + 75.445) / 17.549
=5.87

Develop Global's annualized Debt-to-EBITDA for the quarter 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
=(34.477 + 70.393) / 9.816
=10.68

* 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 two times the quarterly (Dec. 2025) EBITDA data.

Frequently Asked Questions Learn more about Debt-to-EBITDA →
What does a Debt-to-EBITDA of 10.68 mean?
Develop Global (VTEXF) has a Debt-to-EBITDA of 10.68 as of Dec. 2025. Debt-to-EBITDA ratio represents the ratio of total debt to total earnings before interest, taxes, depreciation and amortization. View historical data on Develop Global. According to the industry distribution chart, Develop Global ranks #540 out of 591 companies in the Metals & Mining industry, placing it in the top 91.4%.
Is Develop Global's Debt-to-EBITDA too high?
Develop Global's current Debt-to-EBITDA is 10.68. The Metals & Mining industry median Debt-to-EBITDA is 1.23. Develop Global's value of 10.68 is 768.3% above this industry median. Based on the distribution chart, Develop Global ranks #540 out of 591 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Develop Global has a GF Score™ of 51/100, reflecting its overall financial health beyond just this single metric.
How does Develop Global's Debt-to-EBITDA compare to competitors?
According to the Metals & Mining industry distribution chart, Develop Global ranks #540 out of 591 companies for Debt-to-EBITDA. This places Develop Global in the lower half of its industry. The industry median Debt-to-EBITDA is 1.23. Develop Global's value of 10.68 is 768.3% above 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 1.23, 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. Develop Global's current Debt-to-EBITDA of 10.68 is 768.3% above 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 Develop Global. 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. Develop Global's current Debt-to-EBITDA is 10.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Develop Global stock overvalued right now?
Develop Global (VTEXF) has a current Debt-to-EBITDA of 10.68. The stock's GF Value™ is $3.44, compared to a current price of $3.66 — trading 6.4% above its estimated fair value. The current Debt-to-EBITDA is 10.68 and 768.3% above the Metals & Mining industry median of 1.23. Develop Global's overall GF Score™ is 51/100 with 8 warning signs 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 Develop Global (VTEXF), the current Debt-to-EBITDA is 10.68 as of Dec. 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.

Is Develop Global (VTEXF) Overvalued in 2026?

Based on GuruFocus' analysis, Develop Global stock appears to be overvalued. The current stock price of $3.66 is trading 6.4% above its estimated GF Value™ of $3.44.

Key valuation signals for VTEXF:

  • Debt-to-EBITDA: 10.68
  • GF Value™: $3.44 vs. price of $3.66 (6.4% above fair value)
  • GF Score™: 51/100 with 8 warning signs
  • Industry Position: 768.3% above the Metals & Mining median (#540 of 591)

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


Develop Global Business Description

Other Exchanges IHB1:GermanyDVP:Australia
Address 234 Railway Parade, West Leederville, Perth, WA, AUS, 6007
Develop Global Ltd is an Australian company focused on the exploration and development of its advanced zinc-copper projects located near Port Hedland in the premier Pilbara mining province of Western Australia. The company owns two advanced Zinc / Copper projects which include Woodlawn Copper and Sulphur Springs.
51GF Score

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

$3.66
Price
$3.44
GF Value