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MLG OzASX:MLG +5.30%37 Debt-to-Equity is 0.55 as of Dec. 2025, which is 6% above its 10-year median of 0.52. GuruFocus rates ASX:MLG with a GF Score™ of 37/100 and a GF Value™ of A$0.75 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,218 Metals & Mining companies, MLG Oz ranks worse than 76.03% 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 MLG Oz's Debt-to-Equity or its related term are showing as below:
ASX:MLG'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.52 Max: 0.61
Current: 0.55
During the past 5 years, the highest Debt-to-Equity Ratio of MLG Oz was 0.61. The lowest was 0.05. And the median was 0.52.
ASX:MLG's Debt-to-Equity is ranked worse than 76.03% of 1218
companies
in the Metals & Mining industry
Industry Median: 0.15
vs ASX:MLG: 0.55
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.
MLG Oz Debt-to-Equity Related Terms
MLG Oz Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for MLG Oz'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, MLG Oz'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.
MLG Oz Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MLG Oz's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where MLG Oz'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.
MLG Oz (ASX:MLG) has a Debt-to-Equity of 0.55 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on MLG Oz and its competitors. This is near median its historical median of 0.52. Over the past decade, MLG Oz's Debt-to-Equity has ranged from 0.05 to 0.61. According to the industry distribution chart, MLG Oz ranks #926 out of 1218 companies in the Metals & Mining industry, placing it in the top 76%.
Is MLG Oz's Debt-to-Equity too high?
MLG Oz's current Debt-to-Equity of 0.55 is near median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 0.61. The Metals & Mining industry median Debt-to-Equity is 0.15. MLG Oz's value of 0.55 is 266.7% above this industry median. Based on the distribution chart, MLG Oz ranks #926 out of 1218 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, MLG Oz has a GF Score™ of 37/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MLG Oz's Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, MLG Oz ranks #926 out of 1218 companies for Debt-to-Equity. This places MLG Oz in the lower half of its industry. The industry median Debt-to-Equity is 0.15. MLG Oz's value of 0.55 is 266.7% above this benchmark. Historically, MLG Oz's own Debt-to-Equity has ranged from 0.05 to 0.61 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.15, MLG Oz 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 1,218 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. MLG Oz's current Debt-to-Equity of 0.55 is 266.7% 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 MLG Oz 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. MLG Oz's current Debt-to-Equity is 0.55, which is near median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MLG Oz stock overvalued right now?
Based on GuruFocus' analysis, MLG Oz (ASX:MLG) is currently considered Fairly Valued. The stock's GF Value™ is A$0.75, compared to a current price of A$0.70 — trading 7.3% below its estimated fair value. The current Debt-to-Equity is 0.55, which is near median its 10-year median of 0.52 and 266.7% above the Metals & Mining industry median of 0.15. MLG Oz's overall GF Score™ is 37/100 with 5 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 MLG Oz (ASX:MLG), the current Debt-to-Equity is 0.55 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 MLG Oz (ASX:MLG) Overvalued in 2026?
Based on GuruFocus' analysis, MLG Oz stock appears to be undervalued.
The current stock price of A$0.70 is trading 7.3% below its estimated GF Value™ of A$0.75.
GuruFocus considers MLG Oz to be Fairly Valued.
Key valuation signals for ASX:MLG:
Debt-to-Equity: 0.55 (near median its 10-year median of 0.52)
GF Value™: A$0.75 vs. price of A$0.70 (7.3% below fair value)
Industry Position: 266.7% above the Metals & Mining median (#926 of 1218)
No single metric tells the full story. See the ASX:MLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MLG Oz Ltd is a Kalgoorlie-based integrated mining services and resource asset management company. It supports ore processing facilities across gold, iron ore, and base metals in Western Australia and the Northern Territory. The company offers comprehensive mine site and supply chain solutions throughout the project lifecycle under a single contractual framework, including civil and construction, crushing and screening, bulk haulage and site services, and supply of mining and construction materials. Its expertise covers gold, iron ore, nickel, and base metals sectors, with key activities in bulk haulage, civil mining, construction aggregates, and crushing and screening.
37GF Score
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