GSPRF (Golden Spike Resources) Debt-to-Equity: 0.00 (As of May. 2026)

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What is Golden Spike Resources Debt-to-Equity?

Golden Spike Resources GSPRF Debt-to-Equity is 0.00 as of May. 2026. The stock has 1 warning sign investors should review. Among 1,218 Metals & Mining companies, Golden Spike Resources ranks worse than 82101.72% on this metric.

Golden Spike Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $0.00 Mil. Golden Spike Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was $0.00 Mil. Golden Spike Resources's Total Stockholders Equity for the quarter that ended in May. 2026 was $4.62 Mil. Golden Spike Resources's debt to equity for the quarter that ended in May. 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 Golden Spike Resources's Debt-to-Equity or its related term are showing as below:

GSPRF'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.

Golden Spike Resources  (OTCPK:GSPRF) 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.

Golden Spike Resources Debt-to-Equity Related Terms

Golden Spike Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Golden Spike 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.

Golden Spike Resources Debt-to-Equity Chart

Golden Spike Resources Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-Equity
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 0.00

Golden Spike Resources Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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

GSPRF vs HL: Debt-to-Equity Comparison

For the Other Precious Metals & Mining subindustry, Golden Spike 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.

Golden Spike Resources Debt-to-Equity vs Metals & Mining Industry

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

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


Golden Spike Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Golden Spike Resources's Debt to Equity Ratio for the fiscal year that ended in Aug. 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 + 0) / 4.759
=0.00

Golden Spike Resources's Debt to Equity Ratio for the quarter that ended in May. 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) / 4.617
=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?
Golden Spike Resources (GSPRF) has a Debt-to-Equity of 0.00 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Golden Spike Resources and its competitors. According to the industry distribution chart, Golden Spike Resources ranks #999999 out of 1218 companies in the Metals & Mining industry.
Is Golden Spike Resources' Debt-to-Equity too high?
Golden Spike Resources' current Debt-to-Equity is 0.00. Based on the distribution chart, Golden Spike Resources ranks #999999 out of 1218 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Golden Spike Resources' Debt-to-Equity compare to HL?
According to the Metals & Mining industry distribution chart, Golden Spike Resources ranks #999999 out of 1218 companies for Debt-to-Equity. This places Golden Spike 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 1,218 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. 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 Golden Spike 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. Golden Spike 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 Golden Spike Resources stock overvalued right now?
Golden Spike Resources (GSPRF) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. 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 Golden Spike Resources (GSPRF), the current Debt-to-Equity is 0.00 as of May. 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.

Golden Spike Resources Business Description

Other Exchanges GLDS:Canada
Address 830 - 1100 Melville Street, Vancouver, BC, CAN, V6E 4A6
Golden Spike Resources Corp is a mineral exploration company and its principal business is the acquisition and exploration of mineral properties with a focus on Canada. The company's project includes gregory river properties this mineral exploration property located in Newfoundland.