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North Mining Shares CoFRA:MB20 +21.43% Debt-to-Equity is 0.10 as of Dec. 2025, which is 38% below its 10-year median of 0.16. The stock has 2 warning signs investors should review. Among 1,421 Chemicals companies, North Mining Shares Co ranks better than 77.83% 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 North Mining Shares Co's Debt-to-Equity or its related term are showing as below:
FRA:MB20'
s Debt-to-Equity Range Over the Past 10 Years
Min: -17.62 Med: 0.16 Max: 10.02
Current: 0.1
During the past 13 years, the highest Debt-to-Equity Ratio of North Mining Shares Co was 10.02. The lowest was -17.62. And the median was 0.16.
FRA:MB20's Debt-to-Equity is ranked better than 77.83% of 1421
companies
in the Chemicals industry
Industry Median: 0.36
vs FRA:MB20: 0.10
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.
North Mining Shares Co Debt-to-Equity Related Terms
North Mining Shares Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for North Mining Shares Co'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 Chemicals subindustry, North Mining Shares Co'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.
North Mining Shares Co Debt-to-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, North Mining Shares Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where North Mining Shares Co'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.
North Mining Shares Co (FRA:MB20) has a Debt-to-Equity of 0.10 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on North Mining Shares Co and its competitors. This is 38% below median its historical median of 0.16. According to the industry distribution chart, North Mining Shares Co ranks #315 out of 1421 companies in the Chemicals industry, placing it in the top 22.2%.
Is North Mining Shares Co's Debt-to-Equity too high?
North Mining Shares Co's current Debt-to-Equity of 0.10 is 38% below median its 10-year median of 0.16. The Chemicals industry median Debt-to-Equity is 0.36. North Mining Shares Co's value of 0.10 is 72.2% below this industry median. Based on the distribution chart, North Mining Shares Co ranks #315 out of 1421 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers.
How does North Mining Shares Co's Debt-to-Equity compare to ?
According to the Chemicals industry distribution chart, North Mining Shares Co ranks #315 out of 1421 companies for Debt-to-Equity. This places North Mining Shares Co in the top 22% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.36. North Mining Shares Co's value of 0.10 is 72.2% below this benchmark. While the company's 10-year median is 0.16 vs. the industry median of 0.36, North Mining Shares Co has consistently been below 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 Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.36, based on 1,421 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. North Mining Shares Co's current Debt-to-Equity of 0.10 is 72.2% below 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 North Mining Shares Co and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. North Mining Shares Co's current Debt-to-Equity is 0.10, which is 38% below median its own 10-year median of 0.16. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is North Mining Shares Co stock overvalued right now?
North Mining Shares Co (FRA:MB20) has a current Debt-to-Equity of 0.10. The current Debt-to-Equity is 0.10, which is 38% below median its 10-year median of 0.16 and 72.2% below the Chemicals industry median of 0.36. 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 North Mining Shares Co (FRA:MB20), the current Debt-to-Equity is 0.10 as of Dec. 2025. 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.
North Mining Shares Co Ltd is an investment holding company. The principal activities of the company and its subsidiaries are mining operations - exploitation, exploration, and discontinued operations: manufacture of mineral resources, sales of chemical products and sales of aluminium plates. Its reportable operating segments are: i) The Mining operation: Exploration of mineral mines and Exploitation of molybdenum mines, ii) Chemical trading operation: Manufacturing and sale of chemical products. iii) Aluminium metal trading operation: Sale of aluminium plate products. Geographically, it generates the majority of its revenue from the PRC.
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