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.
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.
AuMega MetalsASX:AAM -5.71% Debt-to-Equity is 0.01 as of Dec. 2025, which is at its 10-year median of 0.01. The stock has 1 warning sign investors should review. Among 1,218 Metals & Mining companies, AuMega Metals ranks better than 99.92% on this metric.
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 AuMega Metals's Debt-to-Equity or its related term are showing as below:
ASX:AAM'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.05
Current: 0.01
During the past 9 years, the highest Debt-to-Equity Ratio of AuMega Metals was 0.05. The lowest was 0.00. And the median was 0.01.
ASX:AAM's Debt-to-Equity is ranked better than 99.92% of 1218
companies
in the Metals & Mining industry
Industry Median: 0.15
vs ASX:AAM: 0.01
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.
AuMega Metals Debt-to-Equity Related Terms
AuMega Metals Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for AuMega 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.
For the Gold subindustry, AuMega 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.
AuMega Metals Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, AuMega Metals's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where AuMega Metals's Debt-to-Equity falls into.
* 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.
AuMega Metals (ASX:AAM) has a Debt-to-Equity of 0.01 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on AuMega Metals and its competitors. This is near median its historical median of 0.01. According to the industry distribution chart, AuMega Metals ranks #1 out of 1218 companies in the Metals & Mining industry, placing it in the top 0.099999999999994%.
Is AuMega Metals' Debt-to-Equity too high?
AuMega Metals' current Debt-to-Equity of 0.01 is near median its 10-year median of 0.01. The Metals & Mining industry median Debt-to-Equity is 0.15. AuMega Metals' value of 0.01 is 93.3% below this industry median. Based on the distribution chart, AuMega Metals ranks #1 out of 1218 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does AuMega Metals' Debt-to-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, AuMega Metals ranks #1 out of 1218 companies for Debt-to-Equity. This places AuMega Metals in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.15. AuMega Metals' value of 0.01 is 93.3% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.15, AuMega Metals has consistently been below 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 0.15, based on 1,218 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. AuMega Metals's current Debt-to-Equity of 0.01 is 93.3% below 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 AuMega Metals and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. AuMega Metals's current Debt-to-Equity is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is AuMega Metals stock overvalued right now?
AuMega Metals (ASX:AAM) has a current Debt-to-Equity of 0.01. The current Debt-to-Equity is 0.01, which is near median its 10-year median of 0.01 and 93.3% below the Metals & Mining industry median of 0.15. 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 AuMega Metals (ASX:AAM), the current Debt-to-Equity 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.
AuMega Metals Ltdis a mineral exploration company focused on the discovery of precious and critical metals in Newfoundland and Labrador, Canada. The company explores for gold deposits. Its principal assets include the Cape Ray gold project and the Hermitage project located in Newfoundland, Canada. The company also has an Option Agreement over the Blue Cove Copper Project in southeastern Newfoundland, which is notably prospective for copper and other base metals.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:AAM has been successfully added to your 
