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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 Equatorial Resources's Debt-to-Equity or its related term are showing as below:
FRA:PBU's Debt-to-Equity is not ranked *
in the Steel industry.
Industry Median: 0.4 * Ranked among companies with meaningful Debt-to-Equity only.
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.
Equatorial Resources Debt-to-Equity Related Terms
Equatorial Resources Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Equatorial Resources'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.
FRA:PBU vs NUE, STLD, RS: Debt-to-Equity Comparison
For the Steel subindustry, Equatorial Resources'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.
Equatorial Resources Debt-to-Equity vs Steel Industry
For the Steel industry and Basic Materials sector, Equatorial Resources's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Equatorial Resources'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.
Equatorial Resources (FRA:PBU) has a Debt-to-Equity of 0.00 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Equatorial Resources and its competitors. According to the industry distribution chart, Equatorial Resources ranks #999999 out of 548 companies in the Steel industry.
Is Equatorial Resources' Debt-to-Equity too high?
Equatorial Resources' current Debt-to-Equity is 0.00. Based on the distribution chart, Equatorial Resources ranks #999999 out of 548 companies in the Steel industry, which is in the bottom quartile relative to peers. Overall, Equatorial Resources has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Equatorial Resources' Debt-to-Equity compare to NUE and STLD?
According to the Steel industry distribution chart, Equatorial Resources ranks #999999 out of 548 companies for Debt-to-Equity. This places Equatorial Resources in the lower half of its industry. The industry median Debt-to-Equity is 0.40. 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 Steel company?
The median Debt-to-Equity among Steel companies is 0.40, based on 548 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 Equatorial Resources and its competitors. For the Steel industry, the median Debt-to-Equity is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equatorial Resources'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 Equatorial Resources stock overvalued right now?
Equatorial Resources (FRA:PBU) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Equatorial Resources' overall GF Score™ is 33/100 with 1 warning sign 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 Equatorial Resources (FRA:PBU), the current Debt-to-Equity is 0.00 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.
Equatorial Resources Ltd is an iron ore exploration and development company. The company's iron ore projects are located in the Republic of Congo (ROC). The company focuses on advancing its existing mineral resource assets in Africa, as well as searching for new opportunities in the resources sector. It operates the Badondo Iron Project located in the northwest region of the Republic of Congo. Central & West Africa hosts a regional distribution of undeveloped world-class high-grade iron ore deposits. It is comprised of the same rock type and similar geological formation as the Carajas System in South America.
33GF Score
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