GLGDF (GoGold Resources) Debt-to-Equity: 0.00 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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GLGDF GoGold Resources Inc GLGDF
80 GF Score
Price $2.15
GF Value $2.45
Valuation Modestly Undervalued
! 1 Warning Sign
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What is GoGold Resources Debt-to-Equity?

GoGold Resources GLGDF -4.87% 80 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates GLGDF with a GF Score™ of 80/100 and a GF Value™ of $2.45 (Modestly Undervalued). The stock has 1 warning sign investors should review. Among 1,221 Metals & Mining companies, GoGold Resources ranks worse than 81900% on this metric.

GoGold Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. GoGold Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. GoGold Resources's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $480.57 Mil. GoGold Resources'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 GoGold Resources's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of GoGold Resources was 0.61. The lowest was 0.00. And the median was 0.01.

GLGDF'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.

GoGold Resources  (OTCPK:GLGDF) 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.

GoGold Resources Debt-to-Equity Related Terms

GoGold Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for GoGold 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.

GoGold Resources Debt-to-Equity Chart

GoGold Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

GoGold Resources 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 0.00 0.00 0.00 0.00 0.00

GLGDF vs HL: Debt-to-Equity Comparison

For the Other Precious Metals & Mining subindustry, GoGold 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.

GoGold Resources Debt-to-Equity vs Metals & Mining Industry

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

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


GLGDF
80GF Score
GoGold Resources Inc GLGDF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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GoGold Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GoGold Resources's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
=(0.013 + 0.784) / 360.266
=0.00

GoGold Resources's Debt to Equity Ratio for the quarter that ended in Mar. 2026 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 + 0) / 480.571
=0.00

* 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?
GoGold Resources (GLGDF) 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 GoGold Resources and its competitors. According to the industry distribution chart, GoGold Resources ranks #999999 out of 1221 companies in the Metals & Mining industry.
Is GoGold Resources' Debt-to-Equity too high?
GoGold Resources' current Debt-to-Equity is 0.00. Based on the distribution chart, GoGold Resources ranks #999999 out of 1221 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, GoGold Resources has a GF Score™ of 80/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GoGold Resources' Debt-to-Equity compare to HL?
According to the Metals & Mining industry distribution chart, GoGold Resources ranks #999999 out of 1221 companies for Debt-to-Equity. This places GoGold Resources in the lower half of its industry. The industry median Debt-to-Equity is 0.15. 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 1,221 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 GoGold Resources 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. GoGold 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 GoGold Resources stock overvalued right now?
Based on GuruFocus' analysis, GoGold Resources (GLGDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $2.45, compared to a current price of $2.15 — trading 12.2% below its estimated fair value. The current Debt-to-Equity is 0.00. GoGold Resources' overall GF Score™ is 80/100 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 GoGold Resources (GLGDF), 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 GoGold Resources (GLGDF) Overvalued in 2026?

Based on GuruFocus' analysis, GoGold Resources stock appears to be undervalued. The current stock price of $2.15 is trading 12.2% below its estimated GF Value™ of $2.45. GuruFocus considers GoGold Resources to be Modestly Undervalued.

Key valuation signals for GLGDF:

  • Debt-to-Equity: 0.00
  • GF Value™: $2.45 vs. price of $2.15 (12.2% below fair value)
  • GF Score™: 80/100 with 1 warning sign

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

GoGold Resources Business Description

Other Exchanges GGD:GermanyGGD:Canada
Address 2000 Barrington Street, Suite 1301, Cogswell Tower, Halifax, NS, CAN, B3J 3K1
GoGold Resources Inc is a Canadian-based company engaged in the identification, acquisition, exploration, development, and production of silver and gold. Its projects include the Parral Project, the Los Ricos South Project, and the Los Ricos North Project.
80GF Score

Get the complete analysis for GLGDF

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

$2.15
Price
$2.45
GF Value