Fenix Resources (ASX:FEX) Debt-to-Asset : 0.21 (As of Dec. 2025)

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ASX:FEX Fenix Resources Ltd ASX:FEX
33 GF Score
Price A$0.26
GF Value A$0.58
Valuation Significantly Undervalued
! 5 Warning Signs
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What is Fenix Resources Debt-to-Asset?

Fenix Resources ASX:FEX 33 Debt-to-Asset is 0.21 as of Dec. 2025. GuruFocus rates ASX:FEX with a GF Score™ of 33/100 and a GF Value™ of A$0.58 (Significantly Undervalued). The stock has 5 warning signs investors should review.

Fenix Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$24.9 Mil. Fenix Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$69.0 Mil. Fenix Resources's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2025 was A$456.1 Mil. Fenix Resources's debt to asset for the quarter that ended in Dec. 2025 was 0.21.

Fenix Resources  (ASX:FEX) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Fenix Resources Debt-to-Asset Related Terms

Fenix Resources Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Fenix Resources's Debt-to-Asset 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.

Fenix Resources Debt-to-Asset Chart

Fenix Resources Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.00 0.09 0.16 0.23

Fenix Resources 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-Asset 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 0.12 0.16 0.18 0.23 0.21

ASX:FEX vs NUE, STLD, RS: Debt-to-Asset Comparison

For the Steel subindustry, Fenix Resources's Debt-to-Asset, along with its competitors' market caps and Debt-to-Asset 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.

Fenix Resources Debt-to-Asset vs Steel Industry

For the Steel industry and Basic Materials sector, Fenix Resources's Debt-to-Asset distribution charts can be found below:

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


ASX:FEX
33GF Score
Fenix Resources Ltd ASX:FEX
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Fenix Resources Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Fenix Resources's Debt-to-Asset for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(25.944 + 56.981) / 364.472
=0.23

Fenix Resources's Debt-to-Asset for the quarter that ended in Dec. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(24.931 + 69.026) / 456.083
=0.21

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.21 mean?
Fenix Resources (ASX:FEX) has a Debt-to-Asset of 0.21 as of Dec. 2025. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Fenix Resources and its competitors.
Is Fenix Resources' Debt-to-Asset too high?
Fenix Resources' current Debt-to-Asset is 0.21. Overall, Fenix Resources has a GF Score™ of 33/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Fenix Resources' Debt-to-Asset compare to NUE and STLD?
Fenix Resources' Debt-to-Asset of 0.21 can be compared against companies in the Steel industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Steel company?
A good Debt-to-Asset depends on the Steel industry context. However, Debt-to-Asset 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-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Fenix Resources and its competitors. Fenix Resources's current Debt-to-Asset is 0.21. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fenix Resources stock overvalued right now?
Based on GuruFocus' analysis, Fenix Resources (ASX:FEX) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.58, compared to a current price of A$0.26 — trading 55.2% below its estimated fair value. The current Debt-to-Asset is 0.21. Fenix Resources' overall GF Score™ is 33/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Fenix Resources (ASX:FEX), the current Debt-to-Asset is 0.21 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 Fenix Resources (ASX:FEX) Overvalued in 2026?

Based on GuruFocus' analysis, Fenix Resources stock appears to be undervalued. The current stock price of A$0.26 is trading 55.2% below its estimated GF Value™ of A$0.58. GuruFocus considers Fenix Resources to be Significantly Undervalued.

Key valuation signals for ASX:FEX:

  • Debt-to-Asset: 0.21
  • GF Value™: A$0.58 vs. price of A$0.26 (55.2% below fair value)
  • GF Score™: 33/100 with 5 warning signs

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

Fenix Resources Business Description

Other Exchanges 4ER:Germany
Address 1 Spring Street, Level 33, Perth, WA, AUS, 6000
Fenix Resources Ltd is an Australian company engaged in exploring, developing, and mining mineral tenements. The Group has single reportable segment: the Mining. The company's assets include the Iron Ridge Iron Ore Mine, the Shine Iron Ore Mine, the Beebyn-W11 Iron Ore Project, the Newhaul Road Logistics haulage.
33GF Score

Get the complete analysis for ASX:FEX

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

A$0.26
Price
A$0.58
GF Value