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C29 MetalsFRA:OF0 Debt-to-Equity is 0.02 as of Dec. 2025, which is 100% above its 10-year median of 0.01. The stock has 3 warning signs investors should review. Among 1,222 Metals & Mining companies, C29 Metals ranks better than 83.88% 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 C29 Metals's Debt-to-Equity or its related term are showing as below:
FRA:OF0'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.01 Max: 0.02
Current: 0.02
During the past 4 years, the highest Debt-to-Equity Ratio of C29 Metals was 0.02. The lowest was 0.00. And the median was 0.01.
FRA:OF0's Debt-to-Equity is ranked better than 83.88% of 1222
companies
in the Metals & Mining industry
Industry Median: 0.15
vs FRA:OF0: 0.02
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.
C29 Metals Debt-to-Equity Related Terms
C29 Metals Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for C29 Metals'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, C29 Metals'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.
C29 Metals Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, C29 Metals's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where C29 Metals'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.
C29 Metals (FRA:OF0) has a Debt-to-Equity of 0.02 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on C29 Metals and its competitors. This is 100% above median its historical median of 0.01. According to the industry distribution chart, C29 Metals ranks #197 out of 1222 companies in the Metals & Mining industry, placing it in the top 16.1%.
Is C29 Metals' Debt-to-Equity too high?
C29 Metals' current Debt-to-Equity of 0.02 is 100% above median its 10-year median of 0.01. The Metals & Mining industry median Debt-to-Equity is 0.15. C29 Metals' value of 0.02 is 86.7% below this industry median. Based on the distribution chart, C29 Metals ranks #197 out of 1222 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does C29 Metals' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, C29 Metals ranks #197 out of 1222 companies for Debt-to-Equity. This places C29 Metals in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.15. C29 Metals' value of 0.02 is 86.7% below this benchmark. While the company's 10-year median is 0.01 vs. the industry median of 0.15, C29 Metals 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 Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,222 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. C29 Metals's current Debt-to-Equity of 0.02 is 86.7% 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 C29 Metals 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. C29 Metals's current Debt-to-Equity is 0.02, which is 100% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is C29 Metals stock overvalued right now?
C29 Metals (FRA:OF0) has a current Debt-to-Equity of 0.02. The current Debt-to-Equity is 0.02, which is 100% above median its 10-year median of 0.01 and 86.7% below the Metals & Mining industry median of 0.15. 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 C29 Metals (FRA:OF0), the current Debt-to-Equity is 0.02 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.
C29 Metals Ltd is a minerals exploration company engaged in identifying, exploring, and developing prospective copper, gold, and base metal assets throughout Australia. The company's projects include the Mayfield Project in Queensland, the Sampsons Tank Project in New South Wales, and the Reedy Creek Project. It is organized into two operating segments: exploration of minerals in Australia and exploration of minerals in Kazakhstan.
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