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Mineral ResourcesASX:MIN -3.35%83 Debt-to-Equity is 1.48 as of Dec. 2025, which is 143% above its 10-year median of 0.61. GuruFocus rates ASX:MIN with a GF Score™ of 83/100 and a GF Value™ of A$73.14 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 1,222 Metals & Mining companies, Mineral Resources ranks worse than 93.13% 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 Mineral Resources's Debt-to-Equity or its related term are showing as below:
ASX:MIN'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.19 Med: 0.61 Max: 1.79
Current: 1.48
During the past 13 years, the highest Debt-to-Equity Ratio of Mineral Resources was 1.79. The lowest was 0.19. And the median was 0.61.
ASX:MIN's Debt-to-Equity is ranked worse than 93.13% of 1222
companies
in the Metals & Mining industry
Industry Median: 0.15
vs ASX:MIN: 1.48
Mineral Resources (ASX:MIN) 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.
Mineral Resources Debt-to-Equity Related Terms
Mineral Resources Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Mineral 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.
Mineral Resources Debt-to-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Mineral 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.
Mineral Resources Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Mineral Resources's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Mineral 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.
Mineral Resources (ASX:MIN) has a Debt-to-Equity of 1.48 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Mineral Resources and its competitors. This is 143% above median its historical median of 0.61. Over the past decade, Mineral Resources' Debt-to-Equity has ranged from 0.19 to 1.79. According to the industry distribution chart, Mineral Resources ranks #1138 out of 1222 companies in the Metals & Mining industry, placing it in the top 93.1%.
Is Mineral Resources' Debt-to-Equity too high?
Mineral Resources' current Debt-to-Equity of 1.48 is 143% above median its 10-year median of 0.61. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 1.79. The Metals & Mining industry median Debt-to-Equity is 0.15. Mineral Resources' value of 1.48 is 886.7% above this industry median. Based on the distribution chart, Mineral Resources ranks #1138 out of 1222 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Mineral Resources has a GF Score™ of 83/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mineral Resources' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Mineral Resources ranks #1138 out of 1222 companies for Debt-to-Equity. This places Mineral Resources in the lower half of its industry. The industry median Debt-to-Equity is 0.15. Mineral Resources' value of 1.48 is 886.7% above this benchmark. Historically, Mineral Resources' own Debt-to-Equity has ranged from 0.19 to 1.79 over the past decade. While the company's 10-year median is 0.61 vs. the industry median of 0.15, Mineral Resources 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. Mineral Resources's current Debt-to-Equity of 1.48 is 886.7% 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 Mineral 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. Mineral Resources's current Debt-to-Equity is 1.48, which is 143% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Resources stock overvalued right now?
Based on GuruFocus' analysis, Mineral Resources (ASX:MIN) is currently considered Modestly Undervalued. The stock's GF Value™ is A$73.14, compared to a current price of A$58.30 — trading 20.3% below its estimated fair value. The current Debt-to-Equity is 1.48, which is 143% above median its 10-year median of 0.61 and 886.7% above the Metals & Mining industry median of 0.15. Mineral Resources' overall GF Score™ is 83/100 with 11 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 Mineral Resources (ASX:MIN), the current Debt-to-Equity is 1.48 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.
Is Mineral Resources (ASX:MIN) Overvalued in 2026?
Based on GuruFocus' analysis, Mineral Resources stock appears to be undervalued.
The current stock price of A$58.30 is trading 20.3% below its estimated GF Value™ of A$73.14.
GuruFocus considers Mineral Resources to be Modestly Undervalued.
Key valuation signals for ASX:MIN:
Debt-to-Equity: 1.48 (143% above median its 10-year median of 0.61)
GF Value™: A$73.14 vs. price of A$58.30 (20.3% below fair value)
Industry Position: 886.7% above the Metals & Mining median (#1138 of 1222)
No single metric tells the full story. See the ASX:MIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.
83GF Score
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