ARIZF (Affinity Metals) Debt-to-Equity: 0.89 (As of Mar. 2026) — 1013% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

What is Affinity Metals Debt-to-Equity?

Affinity Metals ARIZF Debt-to-Equity is 0.89 as of Mar. 2026, which is 1013% above its 10-year median of 0.08. The stock has 1 warning sign investors should review. Among 1,229 Metals & Mining companies, Affinity Metals ranks worse than 85.11% on this metric.

Affinity Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.12 Mil. Affinity Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.28 Mil. Affinity Metals's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $0.45 Mil. Affinity Metals's debt to equity for the quarter that ended in Mar. 2026 was 0.89.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Affinity Metals's Debt-to-Equity or its related term are showing as below:

ARIZF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.08   Max: 0.89
Current: 0.89

During the past 13 years, the highest Debt-to-Equity Ratio of Affinity Metals was 0.89. The lowest was 0.01. And the median was 0.08.

ARIZF's Debt-to-Equity is ranked worse than
85.11% of 1229 companies
in the Metals & Mining industry
Industry Median: 0.14 vs ARIZF: 0.89

Affinity Metals  (OTCPK:ARIZF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Affinity Metals Debt-to-Equity Related Terms


Affinity Metals Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Affinity Metals's Debt-to-Equity 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.

Affinity Metals Debt-to-Equity Chart

Affinity Metals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.08 0.07 0.12 0.61

Affinity Metals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-to-Equity 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 0.19 0.61 0.63 0.79 0.89

Affinity Metals Debt-to-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Affinity Metals's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Affinity Metals Debt-to-Equity vs Metals & Mining Industry

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

* The bar in red indicates where Affinity Metals's Debt-to-Equity falls into.



Affinity Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Affinity Metals's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Affinity Metals's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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-Equity →
What does a Debt-to-Equity of 0.89 mean?
Affinity Metals (ARIZF) has a Debt-to-Equity of 0.89 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Affinity Metals and its competitors. This is 1013% above median its historical median of 0.08. Over the past decade, Affinity Metals' Debt-to-Equity has ranged from 0.01 to 0.89. According to the industry distribution chart, Affinity Metals ranks #1046 out of 1229 companies in the Metals & Mining industry, placing it in the top 85.1%.
Is Affinity Metals' Debt-to-Equity too high?
Affinity Metals' current Debt-to-Equity of 0.89 is 1013% above median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.89. The Metals & Mining industry median Debt-to-Equity is 0.14. Affinity Metals' value of 0.89 is 535.7% above this industry median. Based on the distribution chart, Affinity Metals ranks #1046 out of 1229 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Affinity Metals' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Affinity Metals ranks #1046 out of 1229 companies for Debt-to-Equity. This places Affinity Metals in the lower half of its industry. The industry median Debt-to-Equity is 0.14. Affinity Metals' value of 0.89 is 535.7% above this benchmark. Historically, Affinity Metals' own Debt-to-Equity has ranged from 0.01 to 0.89 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.14, Affinity Metals has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.14, based on 1,229 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Affinity Metals's current Debt-to-Equity of 0.89 is 535.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Affinity Metals and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Affinity Metals's current Debt-to-Equity is 0.89, which is 1013% above median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Affinity Metals stock overvalued right now?
Affinity Metals (ARIZF) has a current Debt-to-Equity of 0.89. The current Debt-to-Equity is 0.89, which is 1013% above median its 10-year median of 0.08 and 535.7% above the Metals & Mining industry median of 0.14. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Affinity Metals (ARIZF), the current Debt-to-Equity is 0.89 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.

Affinity Metals Business Description

Other Exchanges 34IA:GermanyAFF:Canada
Address 600-890 West Pender Street, Vancouver, BC, CAN, V6C 1J9
Affinity Metals Corp is engaged in the acquisition, exploration of mineral properties in Canada. The company's projects include Regal Property and Windfall North.