FRSAF (First Au) Debt-to-Asset : 0.01 (As of Dec. 2025)

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What is First Au Debt-to-Asset?

First Au FRSAF +908.33% Debt-to-Asset is 0.01 as of Dec. 2025. The stock has 1 warning sign investors should review.

First Au's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $0.01 Mil. First Au's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $0.00 Mil. First Au's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Dec. 2025 was $2.09 Mil. First Au's debt to asset for the quarter that ended in Dec. 2025 was 0.01.

First Au  (OTCPK:FRSAF) 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.

First Au Debt-to-Asset Related Terms

First Au Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for First Au'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.

First Au Debt-to-Asset Chart

First Au Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.01 0.01 0.00 0.01

First Au 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 0.01 0.00 0.00 0.00 0.01

FRSAF vs NEM, AU: Debt-to-Asset Comparison

For the Gold subindustry, First Au'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.

First Au Debt-to-Asset vs Metals & Mining Industry

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

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


First Au Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

First Au's Debt-to-Asset for the fiscal year 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
=(0.012 + 0) / 2.086
=0.01

First Au'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
=(0.012 + 0) / 2.086
=0.01

* 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 0.01 mean?
First Au (FRSAF) has a Debt-to-Asset of 0.01 as of Dec. 2025. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on First Au and its competitors.
Is First Au's Debt-to-Asset too high?
First Au's current Debt-to-Asset is 0.01.
How does First Au's Debt-to-Asset compare to NEM and AU?
First Au's Debt-to-Asset of 0.01 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 First Au and its competitors. First Au's current Debt-to-Asset is 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Au stock overvalued right now?
First Au (FRSAF) has a current Debt-to-Asset of 0.01. The current Debt-to-Asset is 0.01. 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 First Au (FRSAF), the current Debt-to-Asset is 0.01 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.

First Au Business Description

Other Exchanges FAU:Australia
Address 295 Rokeby Road, Suite 1, Subiaco, WA, AUS, 6008
First Au Ltd is engaged in the exploration of gold and base metals in Western Australia. It Victorian Gold Project and Gimlet Gold Project. The company operates in Exploration and Evaluation Segment in Western Australia and Victoria. The company operates in one segment: Exploration and Evaluation Segment, which involves exploration and development in Western Australia, Victoria and Liberia - West Africa.