GWRRF (Engold Mines) Debt-to-Equity: 1.32 (As of Mar. 2026) — 1100% Above Median

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What is Engold Mines Debt-to-Equity?

Engold Mines GWRRF Debt-to-Equity is 1.32 as of Mar. 2026, which is 1100% above its 10-year median of 0.11. The stock has 3 warning signs investors should review. Among 1,219 Metals & Mining companies, Engold Mines ranks worse than 91.22% on this metric.

Engold Mines's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.19 Mil. Engold Mines's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Engold Mines's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $0.14 Mil. Engold Mines's debt to equity for the quarter that ended in Mar. 2026 was 1.32.

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 Engold Mines's Debt-to-Equity or its related term are showing as below:

GWRRF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.11   Max: 1.31
Current: 1.31

During the past 13 years, the highest Debt-to-Equity Ratio of Engold Mines was 1.31. The lowest was 0.01. And the median was 0.11.

GWRRF's Debt-to-Equity is ranked worse than
91.22% of 1219 companies
in the Metals & Mining industry
Industry Median: 0.15 vs GWRRF: 1.31

Engold Mines  (OTCPK:GWRRF) 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.


Engold Mines Debt-to-Equity Related Terms


Engold Mines Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Engold Mines'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.

Engold Mines Debt-to-Equity Chart

Engold Mines 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 0.05 0.13 0.18 0.28 0.71

Engold Mines 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 0.40 0.55 0.71 0.89 1.32

Engold Mines Debt-to-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Engold Mines'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.


Engold Mines Debt-to-Equity vs Metals & Mining Industry

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

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



Engold Mines Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Engold Mines's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Engold Mines'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 1.32 mean?
Engold Mines (GWRRF) has a Debt-to-Equity of 1.32 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Engold Mines and its competitors. This is 1100% above median its historical median of 0.11. Over the past decade, Engold Mines' Debt-to-Equity has ranged from 0.01 to 1.31. According to the industry distribution chart, Engold Mines ranks #1112 out of 1219 companies in the Metals & Mining industry, placing it in the top 91.2%.
Is Engold Mines' Debt-to-Equity too high?
Engold Mines' current Debt-to-Equity of 1.32 is 1100% above median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 1.31. The Metals & Mining industry median Debt-to-Equity is 0.15. Engold Mines' value of 1.32 is 780% above this industry median. Based on the distribution chart, Engold Mines ranks #1112 out of 1219 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Engold Mines' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Engold Mines ranks #1112 out of 1219 companies for Debt-to-Equity. This places Engold Mines in the lower half of its industry. The industry median Debt-to-Equity is 0.15. Engold Mines' value of 1.32 is 780% above this benchmark. Historically, Engold Mines' own Debt-to-Equity has ranged from 0.01 to 1.31 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.15, Engold Mines has consistently been above the industry average. 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 1,219 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. Engold Mines's current Debt-to-Equity of 1.32 is 780% 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 Engold Mines 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. Engold Mines's current Debt-to-Equity is 1.32, which is 1100% above median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Engold Mines stock overvalued right now?
Engold Mines (GWRRF) has a current Debt-to-Equity of 1.32. The current Debt-to-Equity is 1.32, which is 1100% above median its 10-year median of 0.11 and 780% 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 Engold Mines (GWRRF), the current Debt-to-Equity is 1.32 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.

Engold Mines Business Description

Other Exchanges EGM:Canada
Address 1030 West Georgia Street, Suite 1507, Vancouver, BC, CAN, V6E 2Y3
Engold Mines Ltd is in the business of exploring and evaluating economically viable mineral properties in Canada. The company's principal asset is the Lac La Hache Property in British Columbia, which hosts multiple copper-gold mineral deposits and prospects, including the Aurizon Gold-Silver-Copper Zone.