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Bellevue GoldASX:BGL -5.16%32 Debt-to-Equity is 0.41 as of Dec. 2025, which is 32% above its 10-year median of 0.31. GuruFocus rates ASX:BGL with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 1,222 Metals & Mining companies, Bellevue Gold ranks worse than 69.97% 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 Bellevue Gold's Debt-to-Equity or its related term are showing as below:
ASX:BGL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.31 Max: 0.85
Current: 0.41
During the past 13 years, the highest Debt-to-Equity Ratio of Bellevue Gold was 0.85. The lowest was 0.00. And the median was 0.31.
ASX:BGL's Debt-to-Equity is ranked worse than 69.97% of 1222
companies
in the Metals & Mining industry
Industry Median: 0.15
vs ASX:BGL: 0.41
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.
Bellevue Gold Debt-to-Equity Related Terms
Bellevue Gold Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Bellevue Gold'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, Bellevue Gold'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.
Bellevue Gold Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Bellevue Gold's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Bellevue Gold'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.
Bellevue Gold (ASX:BGL) has a Debt-to-Equity of 0.41 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Bellevue Gold and its competitors. This is 32% above median its historical median of 0.31. According to the industry distribution chart, Bellevue Gold ranks #855 out of 1222 companies in the Metals & Mining industry, placing it in the top 70%.
Is Bellevue Gold's Debt-to-Equity too high?
Bellevue Gold's current Debt-to-Equity of 0.41 is 32% above median its 10-year median of 0.31. The Metals & Mining industry median Debt-to-Equity is 0.15. Bellevue Gold's value of 0.41 is 173.3% above this industry median. Based on the distribution chart, Bellevue Gold ranks #855 out of 1222 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Bellevue Gold has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Bellevue Gold's Debt-to-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Bellevue Gold ranks #855 out of 1222 companies for Debt-to-Equity. This places Bellevue Gold in the lower half of its industry. The industry median Debt-to-Equity is 0.15. Bellevue Gold's value of 0.41 is 173.3% above this benchmark. While the company's 10-year median is 0.31 vs. the industry median of 0.15, Bellevue Gold 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 0.15, 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. Bellevue Gold's current Debt-to-Equity of 0.41 is 173.3% 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 Bellevue Gold 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. Bellevue Gold's current Debt-to-Equity is 0.41, which is 32% above median its own 10-year median of 0.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bellevue Gold stock overvalued right now?
Bellevue Gold (ASX:BGL) has a current Debt-to-Equity of 0.41. The current Debt-to-Equity is 0.41, which is 32% above median its 10-year median of 0.31 and 173.3% above the Metals & Mining industry median of 0.15. Bellevue Gold's overall GF Score™ is 32/100 with 4 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 Bellevue Gold (ASX:BGL), the current Debt-to-Equity is 0.41 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.
Bellevue Gold Ltd is a gold exploration company. The single operating segment of the company is the exploration and evaluation of minerals, mining, and processing of Gold in Australia. The company projects include the Bellevue Gold Project which is located in the northwest of Kalgoorlie in Western Australia, the Kathleen Valley Project, and the South Yandal Gold Project.
32GF Score
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