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Thungela ResourcesCHIX:TGAL +1.78%82 Debt-to-Equity is 0.01 as of Dec. 2025, which is at its 10-year median of 0.01. GuruFocus rates CHIX:TGAL with a GF Score™ of 82/100 and a GF Value™ of £4.36 (Fairly Valued). The stock has 7 warning signs investors should review. Among 135 Other Energy Sources companies, Thungela Resources ranks better than 99.26% 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 Thungela Resources's Debt-to-Equity or its related term are showing as below:
CHIX:TGAl'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.27
Current: 0.01
During the past 8 years, the highest Debt-to-Equity Ratio of Thungela Resources was 0.27. The lowest was 0.00. And the median was 0.01.
CHIX:TGAl's Debt-to-Equity is ranked better than 99.26% of 135
companies
in the Other Energy Sources industry
Industry Median: 0.29
vs CHIX:TGAl: 0.01
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.
Thungela Resources Debt-to-Equity Related Terms
Thungela Resources Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Thungela 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.
For the Thermal Coal subindustry, Thungela 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.
Thungela Resources Debt-to-Equity vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Thungela Resources's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Thungela 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.
Thungela Resources (CHIX:TGAL) has a Debt-to-Equity of 0.01 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Thungela Resources and its competitors. This is near median its historical median of 0.01. According to the industry distribution chart, Thungela Resources ranks #1 out of 135 companies in the Other Energy Sources industry, placing it in the top 0.7%.
Is Thungela Resources' Debt-to-Equity too high?
Thungela Resources' current Debt-to-Equity of 0.01 is near median its 10-year median of 0.01. The Other Energy Sources industry median Debt-to-Equity is 0.29. Thungela Resources' value of 0.01 is 96.6% below this industry median. Based on the distribution chart, Thungela Resources ranks #1 out of 135 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Thungela Resources has a GF Score™ of 82/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Thungela Resources' Debt-to-Equity compare to competitors?
According to the Other Energy Sources industry distribution chart, Thungela Resources ranks #1 out of 135 companies for Debt-to-Equity. This places Thungela Resources in the top 1% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.29. Thungela Resources' value of 0.01 is 96.6% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.29, Thungela Resources 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 0.29, based on 135 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. Thungela Resources's current Debt-to-Equity of 0.01 is 96.6% 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 Thungela Resources and its competitors. For the Other Energy Sources industry, the median Debt-to-Equity is 0.29 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thungela Resources's current Debt-to-Equity is 0.01, which is near median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thungela Resources stock overvalued right now?
Based on GuruFocus' analysis, Thungela Resources (CHIX:TGAL) is currently considered Fairly Valued. The stock's GF Value™ is £4.36, compared to a current price of £4.58 — trading 4.9% above its estimated fair value. The current Debt-to-Equity is 0.01, which is near median its 10-year median of 0.01 and 96.6% below the Other Energy Sources industry median of 0.29. Thungela Resources' overall GF Score™ is 82/100 with 7 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 Thungela Resources (CHIX:TGAL), the current Debt-to-Equity is 0.01 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 Thungela Resources (CHIX:TGAL) Overvalued in 2026?
Based on GuruFocus' analysis, Thungela Resources stock appears to be overvalued.
The current stock price of £4.58 is trading 4.9% above its estimated GF Value™ of £4.36.
GuruFocus considers Thungela Resources to be Fairly Valued.
Key valuation signals for CHIX:TGAL:
Debt-to-Equity: 0.01 (near median its 10-year median of 0.01)
GF Value™: £4.36 vs. price of £4.58 (4.9% above fair value)
Industry Position: 96.6% below the Other Energy Sources median (#1 of 135)
No single metric tells the full story. See the CHIX:TGAL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thungela Resources Ltd is a pure-play producer and exporter of thermal coal with operations in South Africa and Australia. The group focuses on high-quality coal reserves and marketable production, positioning as a key player in the energy market by delivering coal through world-class ports, and powering nations. It owns interests in various mining operations, namely Goedehoop, Greenside, Isibonelo, Khwezela, AAIC, Mafube Coal Mining, and Butsanani Energy which consist of both underground and open cast mines located in the Mpumalanga province of South Africa. Its operational segments are Opencast, Underground, and Services.
82GF Score
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