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Alkane ResourcesASX:ALK -1.07%99 Debt-to-Equity is 0.03 as of Dec. 2025, which is 40% below its 10-year median of 0.05. GuruFocus rates ASX:ALK with a GF Score™ of 99/100 and a GF Value™ of A$1.62 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 1,222 Metals & Mining companies, Alkane Resources ranks better than 76.43% 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 Alkane Resources's Debt-to-Equity or its related term are showing as below:
ASX:ALK'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.2
Current: 0.03
During the past 13 years, the highest Debt-to-Equity Ratio of Alkane Resources was 0.20. The lowest was 0.02. And the median was 0.05.
ASX:ALK's Debt-to-Equity is ranked better than 76.43% of 1222
companies
in the Metals & Mining industry
Industry Median: 0.15
vs ASX:ALK: 0.03
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.
Alkane Resources Debt-to-Equity Related Terms
Alkane Resources Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Alkane Resources'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, Alkane Resources'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.
Alkane Resources Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Alkane Resources's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Alkane Resources'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.
Alkane Resources (ASX:ALK) has a Debt-to-Equity of 0.03 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Alkane Resources and its competitors. This is 40% below median its historical median of 0.05. Over the past decade, Alkane Resources' Debt-to-Equity has ranged from 0.02 to 0.20. According to the industry distribution chart, Alkane Resources ranks #288 out of 1222 companies in the Metals & Mining industry, placing it in the top 23.6%.
Is Alkane Resources' Debt-to-Equity too high?
Alkane Resources' current Debt-to-Equity of 0.03 is 40% below median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.20. The Metals & Mining industry median Debt-to-Equity is 0.15. Alkane Resources' value of 0.03 is 80% below this industry median. Based on the distribution chart, Alkane Resources ranks #288 out of 1222 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Alkane Resources has a GF Score™ of 99/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Alkane Resources' Debt-to-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Alkane Resources ranks #288 out of 1222 companies for Debt-to-Equity. This places Alkane Resources in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.15. Alkane Resources' value of 0.03 is 80% below this benchmark. Historically, Alkane Resources' own Debt-to-Equity has ranged from 0.02 to 0.20 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.15, Alkane Resources 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 1,222 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. Alkane Resources's current Debt-to-Equity of 0.03 is 80% 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 Alkane Resources 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. Alkane Resources's current Debt-to-Equity is 0.03, which is 40% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Alkane Resources stock overvalued right now?
Based on GuruFocus' analysis, Alkane Resources (ASX:ALK) is currently considered Modestly Undervalued. The stock's GF Value™ is A$1.62, compared to a current price of A$1.39 — trading 14.2% below its estimated fair value. The current Debt-to-Equity is 0.03, which is 40% below median its 10-year median of 0.05 and 80% below the Metals & Mining industry median of 0.15. Alkane Resources' overall GF Score™ is 99/100 with 3 warning signs to review. 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 Alkane Resources (ASX:ALK), the current Debt-to-Equity is 0.03 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.
Is Alkane Resources (ASX:ALK) Overvalued in 2026?
Based on GuruFocus' analysis, Alkane Resources stock appears to be undervalued.
The current stock price of A$1.39 is trading 14.2% below its estimated GF Value™ of A$1.62.
GuruFocus considers Alkane Resources to be Modestly Undervalued.
Key valuation signals for ASX:ALK:
Debt-to-Equity: 0.03 (40% below median its 10-year median of 0.05)
GF Value™: A$1.62 vs. price of A$1.39 (14.2% below fair value)
Industry Position: 80% below the Metals & Mining median (#288 of 1222)
No single metric tells the full story. See the ASX:ALK stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Alkane Resources Ltd is an Australia-based gold and antimony producer. The company has three wholly owned producing mines across Australia and Sweden. Its portfolio includes the Tomingley Gold Project located in Central West NSW, Costerfield in Victoria and Bjorkdal in Northern Sweden. Alkane also owns the gold-copper porphyry Boda-Kaiser Project in NSW.
99GF Score
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