OGC (OceanaGold) Debt-to-Asset : 0.01 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

OGC OceanaGold Corp OGC
88 GF Score
Price $28.74
GF Value $22.83
Valuation Modestly Overvalued
! 1 Warning Sign
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What is OceanaGold Debt-to-Asset?

OceanaGold OGC +0.77% 88 Debt-to-Asset is 0.01 as of Jun. 2026. GuruFocus rates OGC with a GF Score™ of 88/100 and a GF Value™ of $22.83 (Modestly Overvalued). The stock has 1 warning sign investors should review.

OceanaGold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $16 Mil. OceanaGold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $35 Mil. OceanaGold's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2026 was $3,601 Mil. OceanaGold's debt to asset for the quarter that ended in Jun. 2026 was 0.01.

OceanaGold  (NYSE:OGC) 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.

OceanaGold Debt-to-Asset Related Terms

OceanaGold Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for OceanaGold'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.

OceanaGold Debt-to-Asset Chart

OceanaGold 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 0.16 0.11 0.10 0.03 0.02

OceanaGold Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.02 0.02 0.02 0.02 0.01

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

For the Gold subindustry, OceanaGold'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.

OceanaGold Debt-to-Asset vs Metals & Mining Industry

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

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


OGC
88GF Score
OceanaGold Corp OGC
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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OceanaGold Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

OceanaGold'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
=(19.9 + 30.2) / 3255.4
=0.02

OceanaGold's Debt-to-Asset for the quarter that ended in Jun. 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
=(15.6 + 34.5) / 3601.1
=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?
OceanaGold (OGC) has a Debt-to-Asset of 0.01 as of Jun. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on OceanaGold and its competitors.
Is OceanaGold's Debt-to-Asset too high?
OceanaGold's current Debt-to-Asset is 0.01. Overall, OceanaGold has a GF Score™ of 88/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does OceanaGold's Debt-to-Asset compare to NEM and AU?
OceanaGold'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 OceanaGold and its competitors. OceanaGold'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 OceanaGold stock overvalued right now?
Based on GuruFocus' analysis, OceanaGold (OGC) is currently considered Modestly Overvalued. The stock's GF Value™ is $22.83, compared to a current price of $28.74 — trading 25.9% above its estimated fair value. The current Debt-to-Asset is 0.01. OceanaGold's overall GF Score™ is 88/100 with 1 warning sign 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 OceanaGold (OGC), the current Debt-to-Asset is 0.01 as of Jun. 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 OceanaGold (OGC) Overvalued in 2026?

Based on GuruFocus' analysis, OceanaGold stock appears to be overvalued. The current stock price of $28.74 is trading 25.9% above its estimated GF Value™ of $22.83. GuruFocus considers OceanaGold to be Modestly Overvalued.

Key valuation signals for OGC:

  • Debt-to-Asset: 0.01
  • GF Value™: $22.83 vs. price of $28.74 (25.9% above fair value)
  • GF Score™: 88/100 with 1 warning sign

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

OceanaGold Business Description

Address 400 Burrard Street, Suite 1020, Vancouver, BC, CAN, V6C 3A6
OceanaGold Corp is a growing intermediate gold and copper producer committed to safely and responsibly maximizing the generation of Free Cash Flow from its operations and delivering robust returns for its shareholders. It has a portfolio of four operating mines: the Haile Gold Mine in the United States of America; the Didipio Mine in the Philippines; and the Macraes and Waihi operations in New Zealand. The company generates key revenue from Haile mines.
88GF Score

Get the complete analysis for OGC

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

$28.74
Price
$22.83
GF Value