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NEO Battery MaterialsFRA:1BC +1.80%22 Debt-to-Equity is 0.15 as of May. 2026, which is 67% above its 10-year median of 0.09. GuruFocus rates FRA:1BC with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 1,228 Metals & Mining companies, NEO Battery Materials ranks worse than 50.73% 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 NEO Battery Materials's Debt-to-Equity or its related term are showing as below:
FRA:1BC'
s Debt-to-Equity Range Over the Past 10 Years
Min: -6.27 Med: 0.09 Max: 1.71
Current: 0.15
During the past 13 years, the highest Debt-to-Equity Ratio of NEO Battery Materials was 1.71. The lowest was -6.27. And the median was 0.09.
FRA:1BC's Debt-to-Equity is ranked worse than 50.73% of 1228
companies
in the Metals & Mining industry
Industry Median: 0.14
vs FRA:1BC: 0.15
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.
NEO Battery Materials Debt-to-Equity Related Terms
NEO Battery Materials Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for NEO Battery Materials'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, NEO 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.
NEO Battery Materials Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, NEO Battery Materials's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where NEO 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.
NEO Battery Materials (FRA:1BC) has a Debt-to-Equity of 0.15 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NEO Battery Materials and its competitors. This is 67% above median its historical median of 0.09. According to the industry distribution chart, NEO Battery Materials ranks #623 out of 1228 companies in the Metals & Mining industry, placing it in the top 50.7%.
Is NEO Battery Materials' Debt-to-Equity too high?
NEO Battery Materials' current Debt-to-Equity of 0.15 is 67% above median its 10-year median of 0.09. The Metals & Mining industry median Debt-to-Equity is 0.14. NEO Battery Materials' value of 0.15 is 7.1% above this industry median. Based on the distribution chart, NEO Battery Materials ranks #623 out of 1228 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, NEO Battery Materials has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does NEO Battery Materials' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, NEO Battery Materials ranks #623 out of 1228 companies for Debt-to-Equity. This places NEO Battery Materials in the lower half of its industry. The industry median Debt-to-Equity is 0.14. NEO Battery Materials' value of 0.15 is 7.1% above this benchmark. While the company's 10-year median is 0.09 vs. the industry median of 0.14, NEO 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 1,228 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. NEO Battery Materials's current Debt-to-Equity of 0.15 is 7.1% 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 NEO 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. NEO Battery Materials's current Debt-to-Equity is 0.15, which is 67% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEO Battery Materials stock overvalued right now?
NEO Battery Materials (FRA:1BC) has a current Debt-to-Equity of 0.15. The current Debt-to-Equity is 0.15, which is 67% above median its 10-year median of 0.09 and 7.1% above the Metals & Mining industry median of 0.14. NEO Battery Materials' overall GF Score™ is 22/100 with 2 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 NEO Battery Materials (FRA:1BC), the current Debt-to-Equity is 0.15 as of May. 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.
NEO Battery Materials Ltd focuses on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, the company enables longer-running and ultra-fasting charging batteries compared to existing technologies. NEO Battery's Silicon Anodes, NBMSiDE-P100, NBMSiDE-P200, NBMSiDE-P300, and NBMSiDE-P300N, are manufactured mainly via its proprietary one-step manufacturing process and are based on a low-cost input precursor called Metal Silicon (MG-Si).
22GF Score
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