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.
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.
Ongwe MineralsGQMLF 12 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates GQMLF with a GF Score™ of 12/100. Among 1,224 Metals & Mining companies, Ongwe Minerals ranks better than 50.9% 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 Ongwe Minerals's Debt-to-Equity or its related term are showing as below:
GQMLF'
s Debt-to-Equity Range Over the Past 10 Years
Min: -0.17 Med: -0.17 Max: -0.17
Current: 0.14
During the past 3 years, the highest Debt-to-Equity Ratio of Ongwe Minerals was -0.17. The lowest was -0.17. And the median was -0.17.
GQMLF's Debt-to-Equity is ranked better than 50.9% of 1224
companies
in the Metals & Mining industry
Industry Median: 0.14
vs GQMLF: 0.14
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.
Ongwe Minerals Debt-to-Equity Related Terms
Ongwe Minerals Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Ongwe Minerals'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 Gold subindustry, Ongwe Minerals'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.
Ongwe Minerals Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Ongwe Minerals's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Ongwe Minerals'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.
Ongwe Minerals (GQMLF) 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 Ongwe Minerals and its competitors. According to the industry distribution chart, Ongwe Minerals ranks #601 out of 1224 companies in the Metals & Mining industry, placing it in the top 49.1%.
Is Ongwe Minerals' Debt-to-Equity too high?
Ongwe Minerals' current Debt-to-Equity is 0.00. Based on the distribution chart, Ongwe Minerals ranks #601 out of 1224 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Ongwe Minerals has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Ongwe Minerals' Debt-to-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Ongwe Minerals ranks #601 out of 1224 companies for Debt-to-Equity. This puts Ongwe Minerals in the upper half of its industry. The industry median Debt-to-Equity is 0.14. 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 1,224 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 Ongwe Minerals 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. Ongwe Minerals'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 Ongwe Minerals stock overvalued right now?
Ongwe Minerals (GQMLF) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Ongwe Minerals' overall GF Score™ is 12/100. 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 Ongwe Minerals (GQMLF), 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.
Ongwe Minerals Inc is engaged in the exploration business focused on discovery and development of new gold systems in Namibia. In Namibia, it is focused on the Khorixas Gold Project, Omatjete Gold and Lithium Project, Outjo Gold Project where exploration has identified gold prospects, and activities include soil and bedrock sampling, drone magnetic surveys, and geological mapping.
12GF Score
Get the complete analysis for GQMLF
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
GQMLF has been successfully added to your 
