Great Red Lake Gold (FRA:G2T) Debt-to-Equity: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:G2T Great Red Lake Gold Corp FRA:G2T
15 GF Score
Price €0.26
View Full Analysis

What is Great Red Lake Gold Debt-to-Equity?

Great Red Lake Gold FRA:G2T -25.00% 15 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates FRA:G2T with a GF Score™ of 15/100. Among 1,229 Metals & Mining companies, Great Red Lake Gold ranks worse than 81366.88% on this metric.

Great Red Lake Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €0.00 Mil. Great Red Lake Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €0.00 Mil. Great Red Lake Gold's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €0.21 Mil. Great Red Lake Gold's debt to equity for the quarter that ended in Mar. 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 Great Red Lake Gold's Debt-to-Equity or its related term are showing as below:

FRA:G2T's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.14
* Ranked among companies with meaningful Debt-to-Equity only.

Great Red Lake Gold  (FRA:G2T) 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.

Great Red Lake Gold Debt-to-Equity Related Terms

Great Red Lake Gold Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Great Red Lake Gold'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.

Great Red Lake Gold Debt-to-Equity Chart

Great Red Lake Gold Annual Data
Trend
Debt-to-Equity

Great Red Lake Gold Quarterly Data
Dec25 Mar26
Debt-to-Equity 0.00 0.00

FRA:G2T vs HL: Debt-to-Equity Comparison

For the Other Precious Metals & Mining subindustry, Great Red Lake Gold'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.

Great Red Lake Gold Debt-to-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Great Red Lake Gold's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Great Red Lake Gold's Debt-to-Equity falls into.


FRA:G2T
15GF Score
Great Red Lake Gold Corp FRA:G2T
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Great Red Lake Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Great Red Lake Gold's Debt to Equity Ratio for the fiscal year that ended in . 20 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
=( + ) / N/A
=N/A

Great Red Lake Gold's Debt to Equity Ratio for the quarter that ended in Mar. 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) / 0.21
=0.00

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.00 mean?
Great Red Lake Gold (FRA:G2T) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Great Red Lake Gold and its competitors. According to the industry distribution chart, Great Red Lake Gold ranks #999999 out of 1229 companies in the Metals & Mining industry.
Is Great Red Lake Gold's Debt-to-Equity too high?
Great Red Lake Gold's current Debt-to-Equity is 0.00. Based on the distribution chart, Great Red Lake Gold ranks #999999 out of 1229 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Great Red Lake Gold has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Great Red Lake Gold's Debt-to-Equity compare to HL?
According to the Metals & Mining industry distribution chart, Great Red Lake Gold ranks #999999 out of 1229 companies for Debt-to-Equity. This places Great Red Lake Gold 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 1,229 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. 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 Great Red Lake Gold 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. Great Red Lake Gold'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 Great Red Lake Gold stock overvalued right now?
Great Red Lake Gold (FRA:G2T) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Great Red Lake Gold's overall GF Score™ is 15/100. 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 Great Red Lake Gold (FRA:G2T), the current Debt-to-Equity is 0.00 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.

Great Red Lake Gold Business Description

Other Exchanges RLGC:Canada
Great Red Lake Gold Corp is a Toronto-based exploration and development company focused on the acquisition,exploration and development of properties which are prospective for gold and other metals.
15GF Score

Get the complete analysis for FRA:G2T

Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.26
Price