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New HopeASX:NHC +0.54%67 Debt-to-Equity is 0.15 as of Jan. 2026, which is 7% above its 10-year median of 0.14. GuruFocus rates ASX:NHC with a GF Score™ of 67/100 and a GF Value™ of A$4.08 (Significantly Overvalued). The stock has 10 warning signs investors should review. Among 134 Other Energy Sources companies, New Hope ranks better than 63.43% 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 New Hope's Debt-to-Equity or its related term are showing as below:
ASX:NHC'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.14 Max: 0.52
Current: 0.15
During the past 13 years, the highest Debt-to-Equity Ratio of New Hope was 0.52. The lowest was 0.01. And the median was 0.14.
ASX:NHC's Debt-to-Equity is ranked better than 63.43% of 134
companies
in the Other Energy Sources industry
Industry Median: 0.325
vs ASX:NHC: 0.15
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.
New Hope Debt-to-Equity Related Terms
New Hope Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for New Hope'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 Thermal Coal subindustry, New Hope'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.
New Hope Debt-to-Equity vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, New Hope's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where New Hope'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.
New Hope (ASX:NHC) has a Debt-to-Equity of 0.15 as of Jan. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on New Hope and its competitors. This is near median its historical median of 0.14. Over the past decade, New Hope's Debt-to-Equity has ranged from 0.01 to 0.52. According to the industry distribution chart, New Hope ranks #49 out of 134 companies in the Other Energy Sources industry, placing it in the top 36.6%.
Is New Hope's Debt-to-Equity too high?
New Hope's current Debt-to-Equity of 0.15 is near median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.52. The Other Energy Sources industry median Debt-to-Equity is 0.33. New Hope's value of 0.15 is 53.8% below this industry median. Based on the distribution chart, New Hope ranks #49 out of 134 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, New Hope has a GF Score™ of 67/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Hope's Debt-to-Equity compare to competitors?
According to the Other Energy Sources industry distribution chart, New Hope ranks #49 out of 134 companies for Debt-to-Equity. This puts New Hope in the upper half of its industry. The industry median Debt-to-Equity is 0.33. New Hope's value of 0.15 is 53.8% below this benchmark. Historically, New Hope's own Debt-to-Equity has ranged from 0.01 to 0.52 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.33, New Hope 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 an Other Energy Sources company?
The median Debt-to-Equity among Other Energy Sources companies is 0.33, based on 134 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. New Hope's current Debt-to-Equity of 0.15 is 53.8% 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 New Hope and its competitors. For the Other Energy Sources industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Hope's current Debt-to-Equity is 0.15, which is near median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Hope stock overvalued right now?
Based on GuruFocus' analysis, New Hope (ASX:NHC) is currently considered Significantly Overvalued. The stock's GF Value™ is A$4.08, compared to a current price of A$5.59 — trading 37% above its estimated fair value. The current Debt-to-Equity is 0.15, which is near median its 10-year median of 0.14 and 53.8% below the Other Energy Sources industry median of 0.33. New Hope's overall GF Score™ is 67/100 with 10 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 New Hope (ASX:NHC), the current Debt-to-Equity is 0.15 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 New Hope (ASX:NHC) Overvalued in 2026?
Based on GuruFocus' analysis, New Hope stock appears to be overvalued.
The current stock price of A$5.59 is trading 37% above its estimated GF Value™ of A$4.08.
GuruFocus considers New Hope to be Significantly Overvalued.
Key valuation signals for ASX:NHC:
Debt-to-Equity: 0.15 (near median its 10-year median of 0.14)
GF Value™: A$4.08 vs. price of A$5.59 (37% above fair value)
Industry Position: 53.8% below the Other Energy Sources median (#49 of 134)
No single metric tells the full story. See the ASX:NHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should sell around 13 million metric tons of thermal coal annually from fiscal 2028, up from around 10.5 million in fiscal 2025, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope's production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 23% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.
67GF Score
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