HGLD (Patagonia Gold) Debt-to-Asset : 0.63 (As of Mar. 2026)

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HGLD Patagonia Gold Corp HGLD
31 GF Score
Price $0.37
GF Value $0.03
Valuation Significantly Overvalued
! 7 Warning Signs
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What is Patagonia Gold Debt-to-Asset?

Patagonia Gold HGLD -0.54% 31 Debt-to-Asset is 0.63 as of Mar. 2026. GuruFocus rates HGLD with a GF Score™ of 31/100 and a GF Value™ of $0.03 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Patagonia Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $11.31 Mil. Patagonia Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $51.51 Mil. Patagonia Gold's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was $99.12 Mil. Patagonia Gold's debt to asset for the quarter that ended in Mar. 2026 was 0.63.

Patagonia Gold  (OTCPK:HGLD) 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.

Patagonia Gold Debt-to-Asset Related Terms

Patagonia Gold Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Patagonia Gold'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.

Patagonia Gold Debt-to-Asset Chart

Patagonia Gold 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 0.40 0.54 0.75 0.94 0.56

Patagonia Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.00 0.56 0.57 0.56 0.63

HGLD vs HL: Debt-to-Asset Comparison

For the Other Precious Metals & Mining subindustry, Patagonia Gold'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.

Patagonia Gold Debt-to-Asset vs Metals & Mining Industry

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

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


HGLD
31GF Score
Patagonia Gold Corp HGLD
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Patagonia Gold Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Patagonia Gold'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
=(2.224 + 50.474) / 93.677
=0.56

Patagonia Gold's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(11.306 + 51.512) / 99.115
=0.63

* 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 0.63 mean?
Patagonia Gold (HGLD) has a Debt-to-Asset of 0.63 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Patagonia Gold and its competitors.
Is Patagonia Gold's Debt-to-Asset too high?
Patagonia Gold's current Debt-to-Asset is 0.63. Overall, Patagonia Gold has a GF Score™ of 31/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Patagonia Gold's Debt-to-Asset compare to HL?
Patagonia Gold's Debt-to-Asset of 0.63 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 Patagonia Gold and its competitors. Patagonia Gold's current Debt-to-Asset is 0.63. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Patagonia Gold stock overvalued right now?
Based on GuruFocus' analysis, Patagonia Gold (HGLD) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.03, compared to a current price of $0.37 — trading 1133.3% above its estimated fair value. The current Debt-to-Asset is 0.63. Patagonia Gold's overall GF Score™ is 31/100 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-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Patagonia Gold (HGLD), the current Debt-to-Asset is 0.63 as of Mar. 2026. 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 Patagonia Gold (HGLD) Overvalued in 2026?

Based on GuruFocus' analysis, Patagonia Gold stock appears to be overvalued. The current stock price of $0.37 is trading 1133.3% above its estimated GF Value™ of $0.03. GuruFocus considers Patagonia Gold to be Significantly Overvalued.

Key valuation signals for HGLD:

  • Debt-to-Asset: 0.63
  • GF Value™: $0.03 vs. price of $0.37 (1133.3% above fair value)
  • GF Score™: 31/100 with 7 warning signs

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

Patagonia Gold Business Description

Other Exchanges 0N9:GermanyPGDC:Canada
Address 885 West Georgia Street, 2200 HSBC Building, Vancouver, BC, CAN, V6C 3E8
Patagonia Gold Corp is a Canada-based mineral exploration company. The firm is engaged in the exploration, development, and production of gold and silver projects in the southern Patagonia region of Argentina and Chile. It also holds interests in mineral exploration companies, which are involved in the identification, acquisition, development, and exploitation of mineral projects. Some of its projects include the Calcatreu, Cap-Oeste, El Tranquilo, La Josefina, La Manchuria and others.
31GF Score

Get the complete analysis for HGLD

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

$0.37
Price
$0.03
GF Value