RMESF (Red Metal Resources) Debt-to-Asset : 1.40 (As of Apr. 2026)

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What is Red Metal Resources Debt-to-Asset?

Red Metal Resources RMESF Debt-to-Asset is 1.40 as of Apr. 2026. The stock has 3 warning signs investors should review.

Red Metal Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $0.72 Mil. Red Metal Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $0.99 Mil. Red Metal Resources's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Apr. 2026 was $1.23 Mil. Red Metal Resources's debt to asset for the quarter that ended in Apr. 2026 was 1.40.

Red Metal Resources  (OTCPK:RMESF) 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.

Red Metal Resources Debt-to-Asset Related Terms

Red Metal Resources Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Red Metal 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.

Red Metal Resources Debt-to-Asset Chart

Red Metal Resources Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 2.18 3.05 1.51 1.40

Red Metal Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 1.73 2.02 2.17 1.40 1.40

Red Metal Resources Debt-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Red Metal 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.

Red Metal Resources Debt-to-Asset vs Metals & Mining Industry

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

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


Red Metal Resources Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Red Metal Resources's Debt-to-Asset for the fiscal year that ended in Jan. 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
=(0.702 + 0.96) / 1.184
=1.40

Red Metal Resources's Debt-to-Asset for the quarter that ended in Apr. 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
=(0.723 + 0.992) / 1.225
=1.40

* 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 1.40 mean?
Red Metal Resources (RMESF) has a Debt-to-Asset of 1.40 as of Apr. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Red Metal Resources and its competitors.
Is Red Metal Resources' Debt-to-Asset too high?
Red Metal Resources' current Debt-to-Asset is 1.40.
How does Red Metal Resources' Debt-to-Asset compare to competitors?
Red Metal Resources' Debt-to-Asset of 1.40 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 Red Metal Resources and its competitors. Red Metal Resources's current Debt-to-Asset is 1.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Metal Resources stock overvalued right now?
Red Metal Resources (RMESF) has a current Debt-to-Asset of 1.40. The current Debt-to-Asset is 1.40. 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 Red Metal Resources (RMESF), the current Debt-to-Asset is 1.40 as of Apr. 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.

Red Metal Resources Business Description

Other Exchanges I660:GermanyRMES:Canada
Address 1130 West Pender Street, Suite 555, Vancouver, BC, CAN, V6E 4A4
Red Metal Resources Ltd is involved in acquiring and exploring mineral properties in Chile. The company's interest in exploration and evaluation assets consisted of three active copper-gold projects on two properties, namely the Farellon and Perth Projects, both located on the Carrizal Property, and the Mateo Project, located on the Mateo Property. It operates in Chile and Canada.