MYRLF (Meryllion Resources) Debt-to-Equity: 0.36 (As of Mar. 2026)

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What is Meryllion Resources Debt-to-Equity?

Meryllion Resources MYRLF Debt-to-Equity is 0.36 as of Mar. 2026. The stock has 4 warning signs investors should review. Among 1,229 Metals & Mining companies, Meryllion Resources ranks worse than 67.62% on this metric.

Meryllion Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.11 Mil. Meryllion Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Meryllion Resources's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $0.32 Mil. Meryllion Resources's debt to equity for the quarter that ended in Mar. 2026 was 0.36.

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

MYRLF' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.17   Med: -0.11   Max: 2.33
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Meryllion Resources was 2.33. The lowest was -4.17. And the median was -0.11.

MYRLF's Debt-to-Equity is ranked worse than
67.62% of 1229 companies
in the Metals & Mining industry
Industry Median: 0.13 vs MYRLF: 0.36

Meryllion Resources  (OTCPK:MYRLF) 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.

Meryllion Resources Debt-to-Equity Related Terms

Meryllion Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Meryllion 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.

Meryllion Resources Debt-to-Equity Chart

Meryllion Resources 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 0.00 0.00 -0.28 1.53 1.60

Meryllion Resources 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 0.49 0.82 1.60 0.74 0.36

Meryllion Resources Debt-to-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Meryllion 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.

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

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

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


Meryllion Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Meryllion Resources's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
=(0.155 + 0) / 0.097
=1.60

Meryllion Resources's Debt to Equity Ratio for the quarter that ended in Mar. 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
=(0.114 + 0) / 0.321
=0.36

* 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 0.36 mean?
Meryllion Resources (MYRLF) has a Debt-to-Equity of 0.36 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Meryllion Resources and its competitors. According to the industry distribution chart, Meryllion Resources ranks #831 out of 1229 companies in the Metals & Mining industry, placing it in the top 67.6%.
Is Meryllion Resources' Debt-to-Equity too high?
Meryllion Resources' current Debt-to-Equity is 0.36. The Metals & Mining industry median Debt-to-Equity is 0.13. Meryllion Resources' value of 0.36 is 176.9% above this industry median. Based on the distribution chart, Meryllion Resources ranks #831 out of 1229 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Meryllion Resources' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Meryllion Resources ranks #831 out of 1229 companies for Debt-to-Equity. This places Meryllion Resources in the lower half of its industry. The industry median Debt-to-Equity is 0.13. Meryllion Resources' value of 0.36 is 176.9% above this benchmark. 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 0.13, based on 1,229 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. Meryllion Resources's current Debt-to-Equity of 0.36 is 176.9% 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 Meryllion Resources and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meryllion Resources's current Debt-to-Equity is 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meryllion Resources stock overvalued right now?
Meryllion Resources (MYRLF) has a current Debt-to-Equity of 0.36. The current Debt-to-Equity is 0.36 and 176.9% above the Metals & Mining industry median of 0.13. 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 Meryllion Resources (MYRLF), the current Debt-to-Equity is 0.36 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.

Meryllion Resources Business Description

Other Exchanges MYR:Canada
Address 885 West Georgia Street, Suite 800, Vancouver, BC, CAN, V6C 3H1
Meryllion Resources Corp is a Canada-based natural resource company. It engaged in the acquisition and exploration of resource properties. Its project is Tasmania Rare Earth.