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Vital MetalsASX:VML +5.00%30 Debt-to-Equity is 0.03 as of Dec. 2025, which is 50% above its 10-year median of 0.02. GuruFocus rates ASX:VML with a GF Score™ of 30/100. The stock has 6 warning signs investors should review. Among 1,222 Metals & Mining companies, Vital Metals ranks better than 76.43% 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 Vital Metals's Debt-to-Equity or its related term are showing as below:
ASX:VML'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.66
Current: 0.03
During the past 13 years, the highest Debt-to-Equity Ratio of Vital Metals was 0.66. The lowest was 0.00. And the median was 0.02.
ASX:VML's Debt-to-Equity is ranked better than 76.43% of 1222
companies
in the Metals & Mining industry
Industry Median: 0.15
vs ASX:VML: 0.03
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.
Vital Metals Debt-to-Equity Related Terms
Vital Metals Debt-to-Equity Historical Data
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The historical data trend for Vital 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.
For the Other Industrial Metals & Mining subindustry, Vital 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.
Vital Metals Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Vital Metals's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Vital Metals'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.
Vital Metals (ASX:VML) has a Debt-to-Equity of 0.03 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vital Metals and its competitors. This is 50% above median its historical median of 0.02. According to the industry distribution chart, Vital Metals ranks #288 out of 1222 companies in the Metals & Mining industry, placing it in the top 23.6%.
Is Vital Metals' Debt-to-Equity too high?
Vital Metals' current Debt-to-Equity of 0.03 is 50% above median its 10-year median of 0.02. The Metals & Mining industry median Debt-to-Equity is 0.15. Vital Metals' value of 0.03 is 80% below this industry median. Based on the distribution chart, Vital Metals ranks #288 out of 1222 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Vital Metals has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Vital Metals' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Vital Metals ranks #288 out of 1222 companies for Debt-to-Equity. This places Vital Metals in the top 24% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.15. Vital Metals' value of 0.03 is 80% below this benchmark. While the company's 10-year median is 0.02 vs. the industry median of 0.15, Vital Metals 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 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. Vital Metals's current Debt-to-Equity of 0.03 is 80% 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 Vital 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. Vital Metals's current Debt-to-Equity is 0.03, which is 50% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vital Metals stock overvalued right now?
Vital Metals (ASX:VML) has a current Debt-to-Equity of 0.03. The current Debt-to-Equity is 0.03, which is 50% above median its 10-year median of 0.02 and 80% below the Metals & Mining industry median of 0.15. Vital Metals' overall GF Score™ is 30/100 with 6 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 Vital Metals (ASX:VML), the current Debt-to-Equity is 0.03 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.
Vital Metals Ltd is a mineral exploration company focusing on rare earth, technology metals, and gold projects. The company has one geographical segment, Canada. Its projects include the Nechalacho Project in Canada.
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