GGGOF (Golconda Gold) Debt-to-Equity: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
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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.
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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.

GGGOF Golconda Gold Ltd GGGOF
39 GF Score
Price $1.85
GF Value $0.77
Valuation Significantly Overvalued
! 1 Warning Sign
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What is Golconda Gold Debt-to-Equity?

Golconda Gold GGGOF +7.64% 39 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates GGGOF with a GF Score™ of 39/100 and a GF Value™ of $0.77 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,223 Metals & Mining companies, Golconda Gold ranks better than 68.03% on this metric.

Golconda Gold's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Golconda Gold's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Golconda Gold's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $46.07 Mil. Golconda 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 Golconda Gold's Debt-to-Equity or its related term are showing as below:

GGGOF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.61   Max: 1.56
Current: 0.05

During the past 13 years, the highest Debt-to-Equity Ratio of Golconda Gold was 1.56. The lowest was 0.03. And the median was 0.61.

GGGOF's Debt-to-Equity is ranked better than
68.03% of 1223 companies
in the Metals & Mining industry
Industry Median: 0.14 vs GGGOF: 0.05

Golconda Gold  (OTCPK:GGGOF) 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.


Golconda Gold Debt-to-Equity Related Terms


Golconda Gold Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Golconda 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.

Golconda Gold Debt-to-Equity Chart

Golconda Gold Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.09 0.15 0.13 0.06

Golconda Gold Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.10 0.07 0.06 0.06 0.00

GGGOF vs NEM, AU: Debt-to-Equity Comparison

For the Gold subindustry, Golconda 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.


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

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

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


GGGOF
39GF Score
Golconda Gold Ltd GGGOF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golconda Gold Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Golconda Gold's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Golconda Gold's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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?
Golconda Gold (GGGOF) 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 Golconda Gold and its competitors. Over the past decade, Golconda Gold's Debt-to-Equity has ranged from 0.03 to 1.56. According to the industry distribution chart, Golconda Gold ranks #391 out of 1223 companies in the Metals & Mining industry, placing it in the top 32%.
Is Golconda Gold's Debt-to-Equity too high?
Golconda Gold's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 1.56. Based on the distribution chart, Golconda Gold ranks #391 out of 1223 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Golconda Gold has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Golconda Gold's Debt-to-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Golconda Gold ranks #391 out of 1223 companies for Debt-to-Equity. This puts Golconda Gold in the upper half of its industry. The industry median Debt-to-Equity is 0.14. Historically, Golconda Gold's own Debt-to-Equity has ranged from 0.03 to 1.56 over the past decade. 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 1,223 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 Golconda 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. Golconda 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 Golconda Gold stock overvalued right now?
Based on GuruFocus' analysis, Golconda Gold (GGGOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.77, compared to a current price of $1.85 — trading 139.6% above its estimated fair value. The current Debt-to-Equity is 0.00. Golconda Gold's overall GF Score™ is 39/100 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 Golconda Gold (GGGOF), 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.

Is Golconda Gold (GGGOF) Overvalued in 2026?

Based on GuruFocus' analysis, Golconda Gold stock appears to be overvalued. The current stock price of $1.85 is trading 139.6% above its estimated GF Value™ of $0.77. GuruFocus considers Golconda Gold to be Significantly Overvalued.

Key valuation signals for GGGOF:

  • Debt-to-Equity: 0.00
  • GF Value™: $0.77 vs. price of $1.85 (139.6% above fair value)
  • GF Score™: 39/100 with 1 warning sign

No single metric tells the full story. See the GGGOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Golconda Gold Business Description

Other Exchanges Y87:GermanyGG:Canada
Address 181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Golconda Gold Ltd is an un-hedged gold producer and explorer with mining operations and exploration tenements in Botswana, South Africa and New Mexico. The company's projects include Galaxy in South Africa; and Summit and Banner Mill in the United States of America. It has three geographic segments, being the Republic of South Africa, the U.S.A. and Canada, out of which it derives maximum revenue from South Africa.
39GF Score

Get the complete analysis for GGGOF

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

$1.85
Price
$0.77
GF Value