Askari MetalsASX:AS2 Debt-to-Equity is 0.08 as of Dec. 2025, which is 33% above its 10-year median of 0.06. The stock has 5 warning signs investors should review. Among 1,221 Metals & Mining companies, Askari Metals ranks better than 61.26% 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 Askari Metals's Debt-to-Equity or its related term are showing as below:
ASX:AS2'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.06 Max: 0.22
Current: 0.08
During the past 4 years, the highest Debt-to-Equity Ratio of Askari Metals was 0.22. The lowest was 0.01. And the median was 0.06.
ASX:AS2's Debt-to-Equity is ranked better than 61.26% of 1221
companies
in the Metals & Mining industry
Industry Median: 0.15
vs ASX:AS2: 0.08
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.
Askari Metals Debt-to-Equity Related Terms
Askari Metals Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Askari 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 Other Precious Metals & Mining subindustry, Askari 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.
Askari Metals Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Askari Metals's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Askari 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.
Askari Metals (ASX:AS2) has a Debt-to-Equity of 0.08 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Askari Metals and its competitors. This is 33% above median its historical median of 0.06. Over the past decade, Askari Metals' Debt-to-Equity has ranged from 0.01 to 0.22. According to the industry distribution chart, Askari Metals ranks #473 out of 1221 companies in the Metals & Mining industry, placing it in the top 38.7%.
Is Askari Metals' Debt-to-Equity too high?
Askari Metals' current Debt-to-Equity of 0.08 is 33% above median its 10-year median of 0.06. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.22. The Metals & Mining industry median Debt-to-Equity is 0.15. Askari Metals' value of 0.08 is 46.7% below this industry median. Based on the distribution chart, Askari Metals ranks #473 out of 1221 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Askari Metals' Debt-to-Equity compare to HL?
According to the Metals & Mining industry distribution chart, Askari Metals ranks #473 out of 1221 companies for Debt-to-Equity. This puts Askari Metals in the upper half of its industry. The industry median Debt-to-Equity is 0.15. Askari Metals' value of 0.08 is 46.7% below this benchmark. Historically, Askari Metals' own Debt-to-Equity has ranged from 0.01 to 0.22 over the past decade. While the company's 10-year median is 0.06 vs. the industry median of 0.15, Askari 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 1,221 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. Askari Metals's current Debt-to-Equity of 0.08 is 46.7% 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 Askari 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. Askari Metals's current Debt-to-Equity is 0.08, which is 33% above median its own 10-year median of 0.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Askari Metals stock overvalued right now?
Askari Metals (ASX:AS2) has a current Debt-to-Equity of 0.08. The current Debt-to-Equity is 0.08, which is 33% above median its 10-year median of 0.06 and 46.7% 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 Askari Metals (ASX:AS2), the current Debt-to-Equity is 0.08 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.
Askari Metals Ltd is engaged in the gold and lithium exploration. The company's projects include the UiS Lithium Project, Matemanga Uranium Project, Red Peak REE Project, Burracoppin Gold Project, Mt Maguire Gold, Springdale Copper-Gold, and Callawa Copper Project among others. It operates in two segments being in Australia and Namibia in the mineral exploration sector.
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