RJKAF (RJK Explorations) Debt-to-Equity: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is RJK Explorations Debt-to-Equity?

RJK Explorations RJKAF Debt-to-Equity is 0.00 as of Mar. 2026. The stock has 1 warning sign investors should review. Among 1,222 Metals & Mining companies, RJK Explorations ranks worse than 81832.98% on this metric.

RJK Explorations's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. RJK Explorations's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. RJK Explorations's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-0.13 Mil. RJK Explorations's debt to equity for the quarter that ended in Mar. 2026 was 0.00.

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 RJK Explorations's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of RJK Explorations was 2.96. The lowest was -18.37. And the median was 0.02.

RJKAF'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.

RJK Explorations  (OTCPK:RJKAF) 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.


RJK Explorations Debt-to-Equity Related Terms


RJK Explorations Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for RJK Explorations'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.

RJK Explorations Debt-to-Equity Chart

RJK Explorations 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 0.00 0.77 -2.60 0.00 0.00

RJK Explorations 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 0.00 0.00 0.00 0.00 0.00

RJKAF vs HL: Debt-to-Equity Comparison

For the Other Precious Metals & Mining subindustry, RJK Explorations'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.


RJK Explorations Debt-to-Equity vs Metals & Mining Industry

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

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



RJK Explorations Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

RJK Explorations'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 0.00 mean?
RJK Explorations (RJKAF) 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 RJK Explorations and its competitors. According to the industry distribution chart, RJK Explorations ranks #999999 out of 1222 companies in the Metals & Mining industry.
Is RJK Explorations' Debt-to-Equity too high?
RJK Explorations' current Debt-to-Equity is 0.00. Based on the distribution chart, RJK Explorations ranks #999999 out of 1222 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does RJK Explorations' Debt-to-Equity compare to HL?
According to the Metals & Mining industry distribution chart, RJK Explorations ranks #999999 out of 1222 companies for Debt-to-Equity. This places RJK Explorations 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 1,222 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. 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 RJK Explorations 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. RJK Explorations'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 RJK Explorations stock overvalued right now?
RJK Explorations (RJKAF) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. 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 RJK Explorations (RJKAF), 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.

RJK Explorations Business Description

Other Exchanges RJX.A:Canada
Address 4 AL Wende Avenue, P.O. Box 1053, Kirkland Lake, ON, CAN, P2N 3L1
RJK Explorations Ltd is engaged in the acquisition and exploration of early-stage exploration and evaluation properties. The company focuses on diamond exploration in Northern Ontario. The projects of the company include the Nipissing Diamond project. It has one reportable operating segment, being that of acquisition and exploration and evaluation activities in Canada.