FASLF (First Andes Silver) Debt-to-Equity: 0.00 (As of Feb. 2026)

What is First Andes Silver Debt-to-Equity?

First Andes Silver FASLF Debt-to-Equity is 0.00 as of Feb. 2026. The stock has 1 warning sign investors should review. Among 1,221 Metals & Mining companies, First Andes Silver ranks worse than 81900% on this metric.

First Andes Silver's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was $0.00 Mil. First Andes Silver's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was $0.00 Mil. First Andes Silver's Total Stockholders Equity for the quarter that ended in Feb. 2026 was $4.77 Mil. First Andes Silver's debt to equity for the quarter that ended in Feb. 2026 was 0.00.

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 First Andes Silver's Debt-to-Equity or its related term are showing as below:

During the past 5 years, the highest Debt-to-Equity Ratio of First Andes Silver was 0.10. The lowest was 0.01. And the median was 0.06.

FASLF's Debt-to-Equity is not ranked ^*
in the Metals & Mining industry.
Industry Median: 0.15
* Ranked among companies with meaningful Debt-to-Equity only.

First Andes Silver (OTCPK:FASLF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

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.

First Andes Silver Debt-to-Equity Related Terms

First Andes Silver Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for First Andes Silver'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.

First Andes Silver Debt-to-Equity Chart

First Andes Silver Annual Data

Trend

Feb22

Feb23

Feb24

Feb25

Feb26

Debt-to-Equity

0.00

0.01

0.10

0.00

First Andes Silver Quarterly Data
	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26
Debt-to-Equity	Get a 7-Day Free Trial															0.00	0.00	0.00	0.00	0.00

FASLF vs HL: Debt-to-Equity Comparison

For the Other Precious Metals & Mining subindustry, First Andes Silver'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.

First Andes Silver Debt-to-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Andes Silver's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where First Andes Silver's Debt-to-Equity falls into.

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First Andes Silver Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

First Andes Silver's Debt to Equity Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	4.769
	=	0.00

First Andes Silver's Debt to Equity Ratio for the quarter that ended in Feb. 2026 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0	+	0)	/	4.769
	=	0.00

Frequently Asked Questions Learn more about Debt-to-Equity →

What does a Debt-to-Equity of 0.00 mean?

First Andes Silver (FASLF) 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 First Andes Silver and its competitors. Over the past decade, First Andes Silver's Debt-to-Equity has ranged from 0.01 to 0.10. According to the industry distribution chart, First Andes Silver ranks #999999 out of 1221 companies in the Metals & Mining industry.

Is First Andes Silver's Debt-to-Equity too high?

First Andes Silver's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.10. Based on the distribution chart, First Andes Silver ranks #999999 out of 1221 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.

How does First Andes Silver's Debt-to-Equity compare to HL?

According to the Metals & Mining industry distribution chart, First Andes Silver ranks #999999 out of 1221 companies for Debt-to-Equity. This places First Andes Silver in the lower half of its industry. The industry median Debt-to-Equity is 0.15. Historically, First Andes Silver's own Debt-to-Equity has ranged from 0.01 to 0.10 over the past decade. 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 1,221 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 First Andes Silver 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. First Andes Silver'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 First Andes Silver stock overvalued right now?

First Andes Silver (FASLF) 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 First Andes Silver (FASLF), 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.

First Andes Silver Business Description

Industry Basic Materials Metals & Mining

Comparable Companies XCNQ:SLO TSXV:SWLF TSXV:MASS TSXV:GHR.H TSXV:STRM TSXV:MMX TSXV:CCMI TSXV:MEX TSXV:TSD TSXV:NAR LSE:FRES JSE:VAL ISX:AMMN HL JSE:IMP LIM:BUENAVC1 JSE:SSW TSX:TFPM TSX:CGG JSE:NPH

Other Exchanges 9TZ0:Germany FAS:Canada

Address 1100 - 1199 West Hastings Street, Vancouver, BC, CAN, V6E 3T5

Website https://www.firstandes.com

First Andes Silver Ltd is an exploration-stage company focusing on mineral properties in Peru. It owns a hundred percent interest in the high-grade Santas Gloria silver property, located approximately one hundred kilometers from Lima, Peru.