Ragnar Metals (ASX:RAG) Debt-to-Equity: 0.00 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Ragnar Metals Debt-to-Equity?

Ragnar Metals ASX:RAG -4.76% Debt-to-Equity is 0.00 as of Dec. 2025. The stock has 2 warning signs investors should review. Among 1,222 Metals & Mining companies, Ragnar Metals ranks worse than 81832.98% on this metric.

Ragnar Metals's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.00 Mil. Ragnar Metals's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$0.00 Mil. Ragnar Metals's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$15.94 Mil. Ragnar Metals's debt to equity for the quarter that ended in Dec. 2025 was 0.00.

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 Ragnar Metals's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Ragnar Metals was 4.04. The lowest was 0.14. And the median was 0.77.

ASX:RAG'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.

Ragnar Metals  (ASX:RAG) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

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.


Ragnar Metals Debt-to-Equity Related Terms


Ragnar Metals Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ragnar Metals'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.

Ragnar Metals Debt-to-Equity Chart

Ragnar Metals Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Ragnar Metals Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Ragnar Metals Debt-to-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Ragnar Metals'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.


Ragnar Metals Debt-to-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Ragnar Metals's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ragnar Metals's Debt-to-Equity falls into.



Ragnar Metals Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ragnar Metals's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Ragnar Metals's Debt to Equity Ratio for the quarter that ended in Dec. 2025 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
Ragnar Metals (ASX:RAG) 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 Ragnar Metals and its competitors. Over the past decade, Ragnar Metals' Debt-to-Equity has ranged from 0.14 to 4.04. According to the industry distribution chart, Ragnar Metals ranks #999999 out of 1222 companies in the Metals & Mining industry.
Is Ragnar Metals' Debt-to-Equity too high?
Ragnar Metals' current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.14 to a high of 4.04. Based on the distribution chart, Ragnar Metals ranks #999999 out of 1222 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Ragnar Metals' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Ragnar Metals ranks #999999 out of 1222 companies for Debt-to-Equity. This places Ragnar Metals in the lower half of its industry. The industry median Debt-to-Equity is 0.15. Historically, Ragnar Metals' own Debt-to-Equity has ranged from 0.14 to 4.04 over the past decade. 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. 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 Ragnar Metals 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. Ragnar Metals'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 Ragnar Metals stock overvalued right now?
Ragnar Metals (ASX:RAG) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. 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 Ragnar Metals (ASX:RAG), 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.

Ragnar Metals Business Description

Address 41 Colin Street, Ground Floor, Perth, WA, AUS, 6005
Ragnar Metals Ltd is engaged in the exploration and evaluation of its projects in Scandinavia and the exploration and evaluation of its Australian projects. The company has two segment Ragnar Metals Limited-Mineral Exploration in Western Australia; and Ragnar Exploration AB-Mineral Exploration in Sweden. Its projects include Orrvik Lithium Project; Halleberget and Bergom Lithium Projects; Olserum North and Gruvhagen REE Projects; Tullsta Nickel Project; Leeds Project; and A1 Nova Gold Mine.