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Northern Lion GoldNLGCF 33 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates NLGCF with a GF Score™ of 33/100. The stock has 1 warning sign investors should review. Among 1,223 Metals & Mining companies, Northern Lion Gold ranks worse than 81766.07% on this metric.
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 Northern Lion Gold's Debt-to-Equity or its related term are showing as below:
NLGCF's Debt-to-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: 0.14 * Ranked among companies with meaningful Debt-to-Equity only.
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.
Northern Lion Gold Debt-to-Equity Related Terms
Northern Lion Gold Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Northern Lion Gold'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.
For the Other Industrial Metals & Mining subindustry, Northern Lion Gold'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.
Northern Lion Gold Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Northern Lion Gold's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Northern Lion Gold's Debt-to-Equity falls into.
* 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.
Northern Lion Gold (NLGCF) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Northern Lion Gold and its competitors. According to the industry distribution chart, Northern Lion Gold ranks #999999 out of 1223 companies in the Metals & Mining industry.
Is Northern Lion Gold's Debt-to-Equity too high?
Northern Lion Gold's current Debt-to-Equity is 0.00. Based on the distribution chart, Northern Lion Gold ranks #999999 out of 1223 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Northern Lion Gold has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Northern Lion Gold's Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Northern Lion Gold ranks #999999 out of 1223 companies for Debt-to-Equity. This places Northern Lion Gold in the lower half of its industry. The industry median Debt-to-Equity is 0.14. 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 0.14, based on 1,223 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 Northern Lion Gold and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Northern Lion Gold'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 Northern Lion Gold stock overvalued right now?
Northern Lion Gold (NLGCF) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. Northern Lion Gold's overall GF Score™ is 33/100 with 1 warning sign 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 Northern Lion Gold (NLGCF), the current Debt-to-Equity is 0.00 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.
Northern Lion Gold Corp is a mineral exploration company. It is focused on acquiring, exploring, and developing mineral properties in Canada. The group has a business presence in Canada and the Republic of Cyprus.
33GF Score
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