Armory Mining (FRA:2JS) Debt-to-Asset : 0.02 (As of Nov. 2025)

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What is Armory Mining Debt-to-Asset?

Armory Mining FRA:2JS -26.00% Debt-to-Asset is 0.02 as of Nov. 2025. The stock has 1 warning sign investors should review.

Armory Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2025 was €0.06 Mil. Armory Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Nov. 2025 was €0.00 Mil. Armory Mining's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Nov. 2025 was €3.18 Mil. Armory Mining's debt to asset for the quarter that ended in Nov. 2025 was 0.02.

Armory Mining  (FRA:2JS) 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.

Armory Mining Debt-to-Asset Related Terms

Armory Mining Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Armory Mining'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.

Armory Mining Debt-to-Asset Chart

Armory Mining Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.00 0.00 0.01 0.01 0.02

Armory Mining Quarterly Data
Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25
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 0.01 0.00 0.02 0.01 0.02

Armory Mining Debt-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Armory Mining'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.

Armory Mining Debt-to-Asset vs Metals & Mining Industry

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

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


Armory Mining Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Armory Mining's Debt-to-Asset for the fiscal year that ended in Nov. 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
=(0.055 + 0) / 3.183
=0.02

Armory Mining's Debt-to-Asset for the quarter that ended in Nov. 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
=(0.055 + 0) / 3.183
=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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.02 mean?
Armory Mining (FRA:2JS) has a Debt-to-Asset of 0.02 as of Nov. 2025. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Armory Mining and its competitors.
Is Armory Mining's Debt-to-Asset too high?
Armory Mining's current Debt-to-Asset is 0.02.
How does Armory Mining's Debt-to-Asset compare to competitors?
Armory Mining's Debt-to-Asset of 0.02 can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Debt-to-Asset depends on the Metals & Mining 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 Armory Mining and its competitors. Armory Mining's current Debt-to-Asset 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 Armory Mining stock overvalued right now?
Armory Mining (FRA:2JS) has a current Debt-to-Asset of 0.02. The current Debt-to-Asset is 0.02. 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 Armory Mining (FRA:2JS), the current Debt-to-Asset is 0.02 as of Nov. 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.

Armory Mining Business Description

Address 1199 West Hastings Street, Suite 1100, Vancouver, BC, CAN, V6E 3T5
Armory Mining Corps is a Canadian lithium-focused mineral exploration company that has an 80% interest in the Candela II lithium brine project located in the Incahuasi Salar, Salta Province, Argentina. Armory also holds a 100% interest in the Kaslo Silver project, west of Kaslo, British Columbia, a 100% interest in certain mineral claims located in Haida Gwaii, British Columbia and an option to acquire a 100% interest in certain mineral claims located in Nova Scotia.