ILKAF (Iluka Resources) Debt-to-Equity: 0.55 (As of Dec. 2025) — 450% Above Median

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Director of Data and Quant Analytics at GuruFocus
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ILKAF Iluka Resources Ltd ILKAF
76 GF Score
Price $4.65
GF Value $3.24
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Iluka Resources Debt-to-Equity?

Iluka Resources ILKAF +3.10% 76 Debt-to-Equity is 0.55 as of Dec. 2025, which is 450% above its 10-year median of 0.10. GuruFocus rates ILKAF with a GF Score™ of 76/100 and a GF Value™ of $3.24 (Significantly Overvalued). The stock has 8 warning signs investors should review. Among 1,222 Metals & Mining companies, Iluka Resources ranks worse than 76.19% on this metric.

Iluka Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $8.0 Mil. Iluka Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $747.8 Mil. Iluka Resources's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $1,374.6 Mil. Iluka Resources's debt to equity for the quarter that ended in Dec. 2025 was 0.55.

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 Iluka Resources's Debt-to-Equity or its related term are showing as below:

ILKAF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.1   Max: 0.55
Current: 0.55

During the past 13 years, the highest Debt-to-Equity Ratio of Iluka Resources was 0.55. The lowest was 0.02. And the median was 0.10.

ILKAF's Debt-to-Equity is ranked worse than
76.19% of 1222 companies
in the Metals & Mining industry
Industry Median: 0.15 vs ILKAF: 0.55

Iluka Resources  (OTCPK:ILKAF) 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.


Iluka Resources Debt-to-Equity Related Terms


Iluka Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Iluka 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.

Iluka Resources Debt-to-Equity Chart

Iluka Resources 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 0.02 0.03 0.08 0.12 0.55

Iluka Resources Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.08 0.07 0.12 0.30 0.55

Iluka Resources Debt-to-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Iluka 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.


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

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

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


ILKAF
76GF Score
Iluka Resources Ltd ILKAF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Iluka Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Iluka Resources's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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 0.55 mean?
Iluka Resources (ILKAF) has a Debt-to-Equity of 0.55 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Iluka Resources and its competitors. This is 450% above median its historical median of 0.10. Over the past decade, Iluka Resources' Debt-to-Equity has ranged from 0.02 to 0.55. According to the industry distribution chart, Iluka Resources ranks #931 out of 1222 companies in the Metals & Mining industry, placing it in the top 76.2%.
Is Iluka Resources' Debt-to-Equity too high?
Iluka Resources' current Debt-to-Equity of 0.55 is 450% above median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.55. The Metals & Mining industry median Debt-to-Equity is 0.15. Iluka Resources' value of 0.55 is 266.7% above this industry median. Based on the distribution chart, Iluka Resources ranks #931 out of 1222 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Iluka Resources has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Iluka Resources' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Iluka Resources ranks #931 out of 1222 companies for Debt-to-Equity. This places Iluka Resources in the lower half of its industry. The industry median Debt-to-Equity is 0.15. Iluka Resources' value of 0.55 is 266.7% above this benchmark. Historically, Iluka Resources' own Debt-to-Equity has ranged from 0.02 to 0.55 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.15, Iluka Resources 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 1,222 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. Iluka Resources's current Debt-to-Equity of 0.55 is 266.7% 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 Iluka 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. Iluka Resources's current Debt-to-Equity is 0.55, which is 450% above median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Iluka Resources stock overvalued right now?
Based on GuruFocus' analysis, Iluka Resources (ILKAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.24, compared to a current price of $4.65 — trading 43.5% above its estimated fair value. The current Debt-to-Equity is 0.55, which is 450% above median its 10-year median of 0.10 and 266.7% above the Metals & Mining industry median of 0.15. Iluka Resources' overall GF Score™ is 76/100 with 8 warning signs 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 Iluka Resources (ILKAF), the current Debt-to-Equity is 0.55 as of Dec. 2025. 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 Iluka Resources (ILKAF) Overvalued in 2026?

Based on GuruFocus' analysis, Iluka Resources stock appears to be overvalued. The current stock price of $4.65 is trading 43.5% above its estimated GF Value™ of $3.24. GuruFocus considers Iluka Resources to be Significantly Overvalued.

Key valuation signals for ILKAF:

  • Debt-to-Equity: 0.55 (450% above median its 10-year median of 0.10)
  • GF Value™: $3.24 vs. price of $4.65 (43.5% above fair value)
  • GF Score™: 76/100 with 8 warning signs
  • Industry Position: 266.7% above the Metals & Mining median (#931 of 1222)

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


Iluka Resources Business Description

Address 240 St Georges Terrace, Level 17, Perth, WA, AUS, 6000
Iluka Resources is a leading global mineral sands miner. It is the largest global producer of zircon, and one of the largest producers of titanium dioxide feedstocks (rutile, synthetic rutile). Low zircon costs are underpinned by the high-grade Jacinth-Ambrosia mine in South Australia, but reserve life is less than 10 years. A 20% shareholding in Deterra Royalties brings exposure to the high-quality Mining Area C iron ore royalty. Production from the Balranald rutile and zircon mine commenced in late 2025, and Iluka is also building a rare-earth refinery at Eneabba. The refinery will be able to process Iluka's existing monazite stockpile as well as feed from third parties, Balranald, and future Iluka projects.
76GF Score

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

$4.65
Price
$3.24
GF Value