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MetalsGrove MiningASX:MGA -6.67%24 Debt-to-Equity is 0.00 as of Dec. 2025. GuruFocus rates ASX:MGA with a GF Score™ of 24/100. The stock has 2 warning signs investors should review. Among 1,218 Metals & Mining companies, MetalsGrove Mining ranks worse than 82101.72% 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 MetalsGrove Mining's Debt-to-Equity or its related term are showing as below:
ASX:MGA'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.
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.
MetalsGrove Mining Debt-to-Equity Related Terms
MetalsGrove Mining Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for MetalsGrove Mining'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 Industrial Metals & Mining subindustry, MetalsGrove Mining'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.
MetalsGrove Mining Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MetalsGrove Mining's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where MetalsGrove Mining'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.
MetalsGrove Mining (ASX:MGA) has a Debt-to-Equity of 0.00 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on MetalsGrove Mining and its competitors. According to the industry distribution chart, MetalsGrove Mining ranks #999999 out of 1218 companies in the Metals & Mining industry.
Is MetalsGrove Mining's Debt-to-Equity too high?
MetalsGrove Mining's current Debt-to-Equity is 0.00. Based on the distribution chart, MetalsGrove Mining ranks #999999 out of 1218 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, MetalsGrove Mining has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does MetalsGrove Mining's Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, MetalsGrove Mining ranks #999999 out of 1218 companies for Debt-to-Equity. This places MetalsGrove Mining 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 1,218 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 MetalsGrove Mining 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. MetalsGrove Mining'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 MetalsGrove Mining stock overvalued right now?
MetalsGrove Mining (ASX:MGA) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. MetalsGrove Mining's overall GF Score™ is 24/100 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 MetalsGrove Mining (ASX:MGA), the current Debt-to-Equity is 0.00 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.
MetalsGrove Mining Ltd is an Australian-based minerals exploration company. It is focused on advancing existing copper and gold projects in the Northern Territory and Western Australia, alongside expanding into Cote d'Ivoire, West Africa, through a gold-focused joint venture. The company's project portfolio comprises the Bruce Gold-Copper Prospect, the Edwards Creek Copper-Zinc Prospect, and the Leake Prospect. Additionally, it holds exploration permits for the Vavoua, Vavoua West, and Kounahiri West tenements in West Africa, located near properties with gold anomalies. The company is organised into one reportable operating segment, which is exploration.
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