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D2 LithiumDTWOF Debt-to-Equity is 0.00 as of Feb. 2026. The stock has 1 warning sign investors should review. Among 1,218 Metals & Mining companies, D2 Lithium ranks better than 83.74% 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 D2 Lithium's Debt-to-Equity or its related term are showing as below:
DTWOF'
s Debt-to-Equity Range Over the Past 10 Years
Min: -1.27 Med: 0.04 Max: 0.29
Current: 0.02
During the past 13 years, the highest Debt-to-Equity Ratio of D2 Lithium was 0.29. The lowest was -1.27. And the median was 0.04.
DTWOF's Debt-to-Equity is ranked better than 83.74% of 1218
companies
in the Metals & Mining industry
Industry Median: 0.15
vs DTWOF: 0.02
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.
D2 Lithium Debt-to-Equity Related Terms
D2 Lithium Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for D2 Lithium'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, D2 Lithium'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.
D2 Lithium Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, D2 Lithium's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where D2 Lithium'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.
D2 Lithium (DTWOF) has a Debt-to-Equity of 0.00 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on D2 Lithium and its competitors. According to the industry distribution chart, D2 Lithium ranks #198 out of 1218 companies in the Metals & Mining industry, placing it in the top 16.3%.
Is D2 Lithium's Debt-to-Equity too high?
D2 Lithium's current Debt-to-Equity is 0.00. Based on the distribution chart, D2 Lithium ranks #198 out of 1218 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does D2 Lithium's Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, D2 Lithium ranks #198 out of 1218 companies for Debt-to-Equity. This places D2 Lithium in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.15. 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. 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 D2 Lithium 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. D2 Lithium'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 D2 Lithium stock overvalued right now?
D2 Lithium (DTWOF) 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 D2 Lithium (DTWOF), the current Debt-to-Equity is 0.00 as of Feb. 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.
D2 Lithium Corp is a Lithium exploration company. The principal business of the company is the identification, evaluation and acquisition of mineral properties, as well as exploration of mineral properties once acquired. It is an exploration stage company and is in the process of acquiring and exploring its mineral property interests. Its projects include the Teels Marsh Lithium Brine Project and the Alkali Springs Valley Lithium Project. Geographically, it operates in Canada and the United States. The company operates in one business segment, mineral exploration.
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