GANDF (Gander Gold) Debt-to-Equity: 1.10 (As of Mar. 2025)

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.

What is Gander Gold Debt-to-Equity?

Gander Gold GANDF Debt-to-Equity is 1.10 as of Mar. 2025.

Gander Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.60 Mil. Gander Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2025 was $0.00 Mil. Gander Gold's Total Stockholders Equity for the quarter that ended in Mar. 2025 was $0.54 Mil. Gander Gold's debt to equity for the quarter that ended in Mar. 2025 was 1.10.

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 Gander Gold's Debt-to-Equity or its related term are showing as below:

GANDF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.15
* Ranked among companies with meaningful Debt-to-Equity only.

Gander Gold  (OTCPK:GANDF) 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.

Gander Gold Debt-to-Equity Related Terms

Gander Gold Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Gander 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.

Gander Gold Debt-to-Equity Chart

Gander Gold Annual Data
Trend Jun21 Jun22 Jun23 Jun24
Debt-to-Equity
0.53 0.00 0.00 0.49

Gander Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.06 0.49 0.69 0.87 1.10

GANDF vs GTIJF, ENRT, NRHI: Debt-to-Equity Comparison

For the Gold subindustry, Gander 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.

Gander Gold Debt-to-Equity vs Metals & Mining Industry

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

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


Gander Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gander Gold's Debt to Equity Ratio for the fiscal year that ended in Jun. 2024 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
=(0.467 + 0) / 0.961
=0.49

Gander Gold's Debt to Equity Ratio for the quarter that ended in Mar. 2025 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
=(0.599 + 0) / 0.543
=1.10

* 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 1.10 mean?
Gander Gold (GANDF) has a Debt-to-Equity of 1.10 as of Mar. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Gander Gold and its competitors.
Is Gander Gold's Debt-to-Equity too high?
Gander Gold's current Debt-to-Equity is 1.10. The Metals & Mining industry median Debt-to-Equity is 0.15. Gander Gold's value of 1.10 is 633.3% above this industry median.
How does Gander Gold's Debt-to-Equity compare to GTIJF and ENRT?
Gander Gold's Debt-to-Equity of 1.10 can be compared against companies in the Metals & Mining industry. The industry median Debt-to-Equity is 0.15. Gander Gold's value of 1.10 is 633.3% above this benchmark. 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 1,218 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. Gander Gold's current Debt-to-Equity of 1.10 is 633.3% 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 Gander Gold 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. Gander Gold's current Debt-to-Equity is 1.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gander Gold stock overvalued right now?
Gander Gold (GANDF) has a current Debt-to-Equity of 1.10. The current Debt-to-Equity is 1.10 and 633.3% above 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 Gander Gold (GANDF), the current Debt-to-Equity is 1.10 as of Mar. 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.

Gander Gold Business Description

Address 1681 Chestnut Street, Suite 400, Vancouver, BC, CAN, V6J 4M6
Gander Gold Corp is an exploration stage resource company engaged in the identification, acquisition, and exploration of precious and base metals projects in Canada. Its focus is the prospective ground in the Central Newfoundland Gold Belt, on Canada's Atlantic coast. The company's projects in Newfoundland include Gander North, Mt. Peyton, Cape Ray II, BLT, Carmanville Gander South, Hermitage, and Little River.