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 Lion Selection Group's Debt-to-Equity or its related term are showing as below:
ASX:LSX's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.15 * Ranked among companies with meaningful Debt-to-Equity only.
Lion Selection Group (ASX:LSX) 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.
Lion Selection Group Debt-to-Equity Related Terms
Lion Selection Group Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Lion Selection Group'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, Lion Selection Group'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.
Lion Selection Group Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lion Selection Group's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Lion Selection Group'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.
Lion Selection Group (ASX:LSX) has a Debt-to-Equity of 0.00 as of Jan. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Lion Selection Group and its competitors. According to the industry distribution chart, Lion Selection Group ranks #999999 out of 1221 companies in the Metals & Mining industry.
Is Lion Selection Group's Debt-to-Equity too high?
Lion Selection Group's current Debt-to-Equity is 0.00. Based on the distribution chart, Lion Selection Group ranks #999999 out of 1221 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Lion Selection Group has a GF Score™ of 45/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Lion Selection Group's Debt-to-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Lion Selection Group ranks #999999 out of 1221 companies for Debt-to-Equity. This places Lion Selection Group in the lower half of its industry. The industry median Debt-to-Equity is 0.15. 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. 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 Lion Selection Group 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. Lion Selection Group's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lion Selection Group stock overvalued right now?
Based on GuruFocus' analysis, Lion Selection Group (ASX:LSX) is currently considered Possible Value Trap. The stock's GF Value™ is A$9.23, compared to a current price of A$0.86 — trading 90.7% below its estimated fair value. The current Debt-to-Equity is 0.00. Lion Selection Group's overall GF Score™ is 45/100 with 2 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 Lion Selection Group (ASX:LSX), the current Debt-to-Equity is 0.00 as of Jan. 2026. 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 Lion Selection Group (ASX:LSX) Overvalued in 2026?
Based on GuruFocus' analysis, Lion Selection Group stock appears to be undervalued.
The current stock price of A$0.86 is trading 90.7% below its estimated GF Value™ of A$9.23.
GuruFocus considers Lion Selection Group to be Possible Value Trap.
Key valuation signals for ASX:LSX:
Debt-to-Equity: 0.00
GF Value™: A$9.23 vs. price of A$0.86 (90.7% below fair value)
No single metric tells the full story. See the ASX:LSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Lion Selection Group Ltd is a mining investment company. The company invests in junior resource companies, providing venture capital to carefully selected mining and exploration companies with development projects. It invests only in small and medium mining and exploration companies with gold and base metal activities in Australia, Africa, and Asia. Its project includes the Pani Gold Project.
45GF Score
Get the complete analysis for ASX:LSX
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ASX:LSX has been successfully added to your 
