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Dome Gold MinesASX:DME -2.13% Debt-to-Equity is 0.02 as of Dec. 2025, which is 33% below its 10-year median of 0.03. The stock has 3 warning signs investors should review. Among 1,217 Metals & Mining companies, Dome Gold Mines ranks better than 83.73% 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 Dome Gold Mines's Debt-to-Equity or its related term are showing as below:
ASX:DME'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.03 Max: 0.05
Current: 0.02
During the past 12 years, the highest Debt-to-Equity Ratio of Dome Gold Mines was 0.05. The lowest was 0.00. And the median was 0.03.
ASX:DME's Debt-to-Equity is ranked better than 83.73% of 1217
companies
in the Metals & Mining industry
Industry Median: 0.15
vs ASX:DME: 0.02
Dome Gold Mines (ASX:DME) Debt-to-Equity Explanation
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.
Dome Gold Mines Debt-to-Equity Related Terms
Dome Gold Mines Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Dome Gold Mines'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.
Dome Gold Mines Debt-to-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Dome Gold Mines'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.
Dome Gold Mines Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Dome Gold Mines's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Dome Gold Mines'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.
Dome Gold Mines (ASX:DME) has a Debt-to-Equity of 0.02 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Dome Gold Mines and its competitors. This is 33% below median its historical median of 0.03. According to the industry distribution chart, Dome Gold Mines ranks #198 out of 1217 companies in the Metals & Mining industry, placing it in the top 16.3%.
Is Dome Gold Mines' Debt-to-Equity too high?
Dome Gold Mines' current Debt-to-Equity of 0.02 is 33% below median its 10-year median of 0.03. The Metals & Mining industry median Debt-to-Equity is 0.15. Dome Gold Mines' value of 0.02 is 86.7% below this industry median. Based on the distribution chart, Dome Gold Mines ranks #198 out of 1217 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Dome Gold Mines' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Dome Gold Mines ranks #198 out of 1217 companies for Debt-to-Equity. This places Dome Gold Mines in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.15. Dome Gold Mines' value of 0.02 is 86.7% below this benchmark. While the company's 10-year median is 0.03 vs. the industry median of 0.15, Dome Gold Mines 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 1,217 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. Dome Gold Mines's current Debt-to-Equity of 0.02 is 86.7% 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 Dome Gold Mines 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. Dome Gold Mines's current Debt-to-Equity is 0.02, which is 33% below median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dome Gold Mines stock overvalued right now?
Dome Gold Mines (ASX:DME) has a current Debt-to-Equity of 0.02. The current Debt-to-Equity is 0.02, which is 33% below median its 10-year median of 0.03 and 86.7% 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 Dome Gold Mines (ASX:DME), the current Debt-to-Equity is 0.02 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.
Dome Gold Mines Ltd is an exploration and development company focused on iron sand, gold, copper, and silver projects in Fiji. The company owns three main exploration licences covering land areas on islands and in key mineral-rich regions. Its operations include identifying and advancing mineral deposits such as iron sands, gold, and copper through drilling and geophysical survey techniques. The Group has two reportable segments, Ironsand Project and Gold Projects, majority of revenue being generated from the Ironsand Project segment.
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