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Whitehaven CoalWHITF +0.58%69 Debt-to-EBITDA is 1.84 as of Dec. 2025, which is 212% above its 10-year median of 0.59. GuruFocus rates WHITF with a GF Score™ of 69/100 and a GF Value™ of $4.93 (Fairly Valued). The stock has 7 warning signs investors should review. Among 93 Other Energy Sources companies, Whitehaven Coal ranks better than 60.22% on this metric.
Debt-to-EBITDA measures a company's ability to pay off its debt.
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 Whitehaven Coal's Debt-to-EBITDA or its related term are showing as below:
WHITF'
s Debt-to-EBITDA Range Over the Past 10 Years
Min: -3.68 Med: 0.59 Max: 5.63
Current: 1.14
During the past 13 years, the highest Debt-to-EBITDA Ratio of Whitehaven Coal was 5.63. The lowest was -3.68. And the median was 0.59.
WHITF's Debt-to-EBITDA is ranked better than 60.22% of 93
companies
in the Other Energy Sources industry
Industry Median: 2.17
vs WHITF: 1.14
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.
Whitehaven Coal Debt-to-EBITDA Related Terms
Whitehaven Coal Debt-to-EBITDA Historical Data
* Premium members only.
The historical data trend for Whitehaven Coal'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.
For the Thermal Coal subindustry, Whitehaven Coal'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.
Whitehaven Coal Debt-to-EBITDA vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Whitehaven Coal's Debt-to-EBITDA distribution charts can be found below:
* The bar in red indicates where Whitehaven Coal's Debt-to-EBITDA falls into.
* 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.
Whitehaven Coal (WHITF) has a Debt-to-EBITDA of 1.84 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 Whitehaven Coal. This is 212% above median its historical median of 0.59. According to the industry distribution chart, Whitehaven Coal ranks #37 out of 93 companies in the Other Energy Sources industry, placing it in the top 39.8%.
Is Whitehaven Coal's Debt-to-EBITDA too high?
Whitehaven Coal's current Debt-to-EBITDA of 1.84 is 212% above median its 10-year median of 0.59. The Other Energy Sources industry median Debt-to-EBITDA is 2.17. Whitehaven Coal's value of 1.84 is 15.2% below this industry median. Based on the distribution chart, Whitehaven Coal ranks #37 out of 93 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, Whitehaven Coal has a GF Score™ of 69/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Whitehaven Coal's Debt-to-EBITDA compare to competitors?
According to the Other Energy Sources industry distribution chart, Whitehaven Coal ranks #37 out of 93 companies for Debt-to-EBITDA. This puts Whitehaven Coal in the upper half of its industry. The industry median Debt-to-EBITDA is 2.17. Whitehaven Coal's value of 1.84 is 15.2% below this benchmark. While the company's 10-year median is 0.59 vs. the industry median of 2.17, Whitehaven Coal 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 an Other Energy Sources company?
The median Debt-to-EBITDA among Other Energy Sources companies is 2.17, based on 93 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. Whitehaven Coal's current Debt-to-EBITDA of 1.84 is 15.2% 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 Whitehaven Coal. For the Other Energy Sources industry, the median Debt-to-EBITDA is 2.17 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Whitehaven Coal's current Debt-to-EBITDA is 1.84, which is 212% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whitehaven Coal stock overvalued right now?
Based on GuruFocus' analysis, Whitehaven Coal (WHITF) is currently considered Fairly Valued. The stock's GF Value™ is $4.93, compared to a current price of $5.22 — trading 5.8% above its estimated fair value. The current Debt-to-EBITDA is 1.84, which is 212% above median its 10-year median of 0.59 and 15.2% below the Other Energy Sources industry median of 2.17. Whitehaven Coal's overall GF Score™ is 69/100 with 7 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 Whitehaven Coal (WHITF), the current Debt-to-EBITDA is 1.84 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 Whitehaven Coal (WHITF) Overvalued in 2026?
Based on GuruFocus' analysis, Whitehaven Coal stock appears to be overvalued.
The current stock price of $5.22 is trading 5.8% above its estimated GF Value™ of $4.93.
GuruFocus considers Whitehaven Coal to be Fairly Valued.
Key valuation signals for WHITF:
Debt-to-EBITDA: 1.84 (212% above median its 10-year median of 0.59)
GF Value™: $4.93 vs. price of $5.22 (5.8% above fair value)
Industry Position: 15.2% below the Other Energy Sources median (#37 of 93)
No single metric tells the full story. See the WHITF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Whitehaven Coal is a large Australian independent thermal and metallurgical coal miner with mines in the Gunnedah Basin, New South Wales. It also bought Blackwater and Daunia, two coking coal mines in Queensland, from BHP and Mitsubishi in April 2024. In addition, it owns the large Winchester South deposit next to its Daunia mine. Coal is railed to ports in Newcastle and Queensland for export to Asian customers. Initial production of about 1 million metric tons from Vickery and expanded production at its Queensland mines, Maules Creek, and Narrabri means we expect its share of salable coal production to approach 31 million metric tons from fiscal 2030, from about 13 million in fiscal 2023.
69GF Score
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