MLMLF (McFarlane Lake Mining) Debt-to-Equity: -2.32 (As of Feb. 2026)


MLMLF McFarlane Lake Mining Ltd MLMLF
19 GF Score
Price $0.26
! 2 Warning Signs
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What is McFarlane Lake Mining Debt-to-Equity?

McFarlane Lake Mining MLMLF -6.15% 19 Debt-to-Equity is -2.32 as of Feb. 2026. GuruFocus rates MLMLF with a GF Score™ of 19/100. The stock has 2 warning signs investors should review. Among 1,221 Metals & Mining companies, McFarlane Lake Mining ranks worse than 81900% on this metric.

McFarlane Lake Mining's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was $11.69 Mil. McFarlane Lake Mining's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was $0.00 Mil. McFarlane Lake Mining's Total Stockholders Equity for the quarter that ended in Feb. 2026 was $-5.05 Mil. McFarlane Lake Mining's debt to equity for the quarter that ended in Feb. 2026 was -2.32.

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 McFarlane Lake Mining's Debt-to-Equity or its related term are showing as below:

MLMLF' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.91   Med: -0.11   Max: 4.62
Current: -2.32

During the past 4 years, the highest Debt-to-Equity Ratio of McFarlane Lake Mining was 4.62. The lowest was -5.91. And the median was -0.11.

MLMLF's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.15 vs MLMLF: -2.32

McFarlane Lake Mining  (OTCPK:MLMLF) 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.

McFarlane Lake Mining Debt-to-Equity Related Terms

McFarlane Lake Mining Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for McFarlane Lake Mining'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.

McFarlane Lake Mining Debt-to-Equity Chart

McFarlane Lake Mining Annual Data
Trend Aug22 Aug23 Aug24 Aug25
Debt-to-Equity
0.74 -0.21 0.15 -0.22

McFarlane Lake Mining Quarterly Data
Jun21 Sep21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -0.11 -0.27 -0.22 -5.91 -2.32

MLMLF vs NEM, AU: Debt-to-Equity Comparison

For the Gold subindustry, McFarlane Lake Mining'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.

McFarlane Lake Mining Debt-to-Equity vs Metals & Mining Industry

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

* The bar in red indicates where McFarlane Lake Mining's Debt-to-Equity falls into.


MLMLF
19GF Score
McFarlane Lake Mining Ltd MLMLF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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McFarlane Lake Mining Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

McFarlane Lake Mining'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
=(0.152 + 0) / -0.678
=-0.22

McFarlane Lake Mining's Debt to Equity Ratio for the quarter that ended in Feb. 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
=(11.692 + 0) / -5.048
=-2.32

* 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 -2.32 mean?
McFarlane Lake Mining (MLMLF) has a Debt-to-Equity of -2.32 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on McFarlane Lake Mining and its competitors. According to the industry distribution chart, McFarlane Lake Mining ranks #999999 out of 1221 companies in the Metals & Mining industry.
Is McFarlane Lake Mining's Debt-to-Equity too high?
McFarlane Lake Mining's current Debt-to-Equity is -2.32. Based on the distribution chart, McFarlane Lake Mining ranks #999999 out of 1221 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, McFarlane Lake Mining has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does McFarlane Lake Mining's Debt-to-Equity compare to NEM and AU?
According to the Metals & Mining industry distribution chart, McFarlane Lake Mining ranks #999999 out of 1221 companies for Debt-to-Equity. This places McFarlane Lake Mining 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 McFarlane Lake Mining 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. McFarlane Lake Mining's current Debt-to-Equity is -2.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McFarlane Lake Mining stock overvalued right now?
McFarlane Lake Mining (MLMLF) has a current Debt-to-Equity of -2.32. The current Debt-to-Equity is -2.32. McFarlane Lake Mining's overall GF Score™ is 19/100 with 2 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 McFarlane Lake Mining (MLMLF), the current Debt-to-Equity is -2.32 as of Feb. 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.

McFarlane Lake Mining Business Description

Other Exchanges W2Z:GermanyMLM:Canada
Address 15 Kincora Court, Sudbury, ON, CAN, P3E 2B9
McFarlane Lake Mining Ltd is a gold exploration and development company currently engaged in the acquisition & assessment of gold properties. Its properties include, Munro and McMillan, Juby Gold Project. The company has acquired six gold properties. It is a Canadian gold exploration and development company.
19GF Score

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