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Magmatic ResourcesASX:MAG Debt-to-Equity is 0.06 as of Dec. 2025, which is at its 10-year median of 0.06. The stock has 1 warning sign investors should review. Among 1,217 Metals & Mining companies, Magmatic Resources ranks better than 65.82% 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 Magmatic Resources's Debt-to-Equity or its related term are showing as below:
ASX:MAG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.06 Max: 0.24
Current: 0.06
During the past 9 years, the highest Debt-to-Equity Ratio of Magmatic Resources was 0.24. The lowest was 0.00. And the median was 0.06.
ASX:MAG's Debt-to-Equity is ranked better than 65.82% of 1217
companies
in the Metals & Mining industry
Industry Median: 0.15
vs ASX:MAG: 0.06
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.
Magmatic Resources Debt-to-Equity Related Terms
Magmatic Resources Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Magmatic 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, Magmatic 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.
Magmatic Resources Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Magmatic Resources's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Magmatic 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.
Magmatic Resources (ASX:MAG) has a Debt-to-Equity of 0.06 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Magmatic Resources and its competitors. This is near median its historical median of 0.06. According to the industry distribution chart, Magmatic Resources ranks #416 out of 1217 companies in the Metals & Mining industry, placing it in the top 34.2%.
Is Magmatic Resources' Debt-to-Equity too high?
Magmatic Resources' current Debt-to-Equity of 0.06 is near median its 10-year median of 0.06. The Metals & Mining industry median Debt-to-Equity is 0.15. Magmatic Resources' value of 0.06 is 60% below this industry median. Based on the distribution chart, Magmatic Resources ranks #416 out of 1217 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Magmatic Resources' Debt-to-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Magmatic Resources ranks #416 out of 1217 companies for Debt-to-Equity. This puts Magmatic Resources in the upper half of its industry. The industry median Debt-to-Equity is 0.15. Magmatic Resources' value of 0.06 is 60% below this benchmark. While the company's 10-year median is 0.06 vs. the industry median of 0.15, Magmatic 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 1,217 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. Magmatic Resources's current Debt-to-Equity of 0.06 is 60% 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 Magmatic 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. Magmatic Resources's current Debt-to-Equity is 0.06, which is near 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 Magmatic Resources stock overvalued right now?
Magmatic Resources (ASX:MAG) has a current Debt-to-Equity of 0.06. The current Debt-to-Equity is 0.06, which is near median its 10-year median of 0.06 and 60% 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 Magmatic Resources (ASX:MAG), the current Debt-to-Equity is 0.06 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.
Magmatic Resources Ltd is an Australian mineral exploration company focused on gold and copper targets in the East Lachlan region of New South Wales and the Northern Goldfields in Western Australia. The company holds a portfolio of projects near mining operations like Cadia Valley and Northparkes. Magmatic aims to make discoveries in these prolific mining belts. It also has a joint venture with Fortescue Metals Group to explore the Myall project. The majority of income generation source is the interest income.
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