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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 Evolution Metals & Technologies's Debt-to-Equity or its related term are showing as below:
EMAT'
s Debt-to-Equity Range Over the Past 10 Years
Min: -7.54 Med: -2.95 Max: 3.01
Current: -0.46
During the past 4 years, the highest Debt-to-Equity Ratio of Evolution Metals & Technologies was 3.01. The lowest was -7.54. And the median was -2.95.
EMAT's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.14
vs EMAT: -0.46
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.
Evolution Metals & Technologies Debt-to-Equity Related Terms
Evolution Metals & Technologies 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.
EMAT vs USAR, SSMR, NEXA: Debt-to-Equity Comparison
For the Other Industrial Metals & Mining subindustry, Evolution Metals & Technologies'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.
Evolution Metals & Technologies Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Evolution Metals & Technologies's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Evolution Metals & Technologies'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.
Evolution Metals & Technologies (EMAT) has a Debt-to-Equity of -0.46 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Evolution Metals & Technologies and its competitors. According to the industry distribution chart, Evolution Metals & Technologies ranks #999999 out of 1228 companies in the Metals & Mining industry.
Is Evolution Metals & Technologies' Debt-to-Equity too high?
Evolution Metals & Technologies' current Debt-to-Equity is -0.46. Based on the distribution chart, Evolution Metals & Technologies ranks #999999 out of 1228 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Evolution Metals & Technologies has a GF Score™ of 6/100, reflecting its overall financial health beyond just this single metric.
How does Evolution Metals & Technologies' Debt-to-Equity compare to USAR and SSMR?
According to the Metals & Mining industry distribution chart, Evolution Metals & Technologies ranks #999999 out of 1228 companies for Debt-to-Equity. This places Evolution Metals & Technologies in the lower half of its industry. The industry median Debt-to-Equity is 0.14. 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 1,228 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 Evolution Metals & Technologies 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. Evolution Metals & Technologies's current Debt-to-Equity is -0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Evolution Metals & Technologies stock overvalued right now?
Evolution Metals & Technologies (EMAT) has a current Debt-to-Equity of -0.46. The current Debt-to-Equity is -0.46. Evolution Metals & Technologies' overall GF Score™ is 6/100 with 3 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 Evolution Metals & Technologies (EMAT), the current Debt-to-Equity is -0.46 as of Mar. 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.
Evolution Metals & Technologies Corp is a critical materials and technology company. The company is focused on developing a secure, dependable, and self-sustaining U.S.-aligned supply chain for critical minerals and materials (CMM), and rare earth elements (REEs). The company is also engaged in recycling end-of-life materials through urban mining to help strengthen domestic resource independence and long-term supply stability.
6GF Score
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