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.
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.
Electra Battery MaterialsELBM -1.09%32 Debt-to-Equity is 0.48 as of Jun. 2026, which is 9% above its 10-year median of 0.44. GuruFocus rates ELBM with a GF Score™ of 32/100. The stock has 4 warning signs investors should review. Among 1,229 Metals & Mining companies, Electra Battery Materials ranks worse than 73.39% 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 Electra Battery Materials's Debt-to-Equity or its related term are showing as below:
ELBM'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03 Med: 0.44 Max: 1.54
Current: 0.48
During the past 13 years, the highest Debt-to-Equity Ratio of Electra Battery Materials was 1.54. The lowest was 0.03. And the median was 0.44.
ELBM's Debt-to-Equity is ranked worse than 73.39% of 1229
companies
in the Metals & Mining industry
Industry Median: 0.14
vs ELBM: 0.48
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.
Electra Battery Materials Debt-to-Equity Related Terms
Electra Battery Materials Debt-to-Equity Historical Data
* 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, Electra Battery Materials'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.
Electra Battery Materials Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Electra Battery Materials's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Electra Battery Materials'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.
Electra Battery Materials (ELBM) has a Debt-to-Equity of 0.48 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Electra Battery Materials and its competitors. This is near median its historical median of 0.44. Over the past decade, Electra Battery Materials' Debt-to-Equity has ranged from 0.03 to 1.54. According to the industry distribution chart, Electra Battery Materials ranks #902 out of 1229 companies in the Metals & Mining industry, placing it in the top 73.4%.
Is Electra Battery Materials' Debt-to-Equity too high?
Electra Battery Materials' current Debt-to-Equity of 0.48 is near median its 10-year median of 0.44. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 1.54. The Metals & Mining industry median Debt-to-Equity is 0.14. Electra Battery Materials' value of 0.48 is 242.9% above this industry median. Based on the distribution chart, Electra Battery Materials ranks #902 out of 1229 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Electra Battery Materials has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does Electra Battery Materials' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Electra Battery Materials ranks #902 out of 1229 companies for Debt-to-Equity. This places Electra Battery Materials in the lower half of its industry. The industry median Debt-to-Equity is 0.14. Electra Battery Materials' value of 0.48 is 242.9% above this benchmark. Historically, Electra Battery Materials' own Debt-to-Equity has ranged from 0.03 to 1.54 over the past decade. While the company's 10-year median is 0.44 vs. the industry median of 0.14, Electra Battery Materials has consistently been above 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 0.14, based on 1,229 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. Electra Battery Materials's current Debt-to-Equity of 0.48 is 242.9% above 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 Electra Battery Materials and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Electra Battery Materials's current Debt-to-Equity is 0.48, which is near median its own 10-year median of 0.44. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Electra Battery Materials stock overvalued right now?
Electra Battery Materials (ELBM) has a current Debt-to-Equity of 0.48. The current Debt-to-Equity is 0.48, which is near median its 10-year median of 0.44 and 242.9% above the Metals & Mining industry median of 0.14. Electra Battery Materials' overall GF Score™ is 32/100 with 4 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 Electra Battery Materials (ELBM), the current Debt-to-Equity is 0.48 as of Jun. 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.
Electra Battery Materials Corp is building North America's fully integrated, localized, and environmentally sustainable battery materials park. Electra Battery Materials is an integral part of the North American battery supply chain, providing low-carbon, sustainable, and traceable raw materials for the region's fast growing electric vehicle industry. The Company's operating segments are Refinery, Exploration and Evaluation, Corporate and Other.
32GF Score
Get the complete analysis for ELBM
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
ELBM has been successfully added to your 
