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FutureGen IndustriesRMANF 28 Debt-to-Equity is 0.19 as of Mar. 2026, which is 375% above its 10-year median of 0.04. GuruFocus rates RMANF with a GF Score™ of 28/100. The stock has 4 warning signs investors should review. Among 938 Asset Management companies, FutureGen Industries ranks better than 53.94% 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 FutureGen Industries's Debt-to-Equity or its related term are showing as below:
RMANF'
s Debt-to-Equity Range Over the Past 10 Years
Min: -4.29 Med: 0.04 Max: 24.56
Current: 0.19
During the past 13 years, the highest Debt-to-Equity Ratio of FutureGen Industries was 24.56. The lowest was -4.29. And the median was 0.04.
RMANF's Debt-to-Equity is ranked better than 53.94% of 938
companies
in the Asset Management industry
Industry Median: 0.21
vs RMANF: 0.19
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.
FutureGen Industries Debt-to-Equity Related Terms
FutureGen Industries Debt-to-Equity Historical Data
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The historical data trend for FutureGen Industries'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 Asset Management subindustry, FutureGen Industries'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.
FutureGen Industries Debt-to-Equity vs Asset Management Industry
For the Asset Management industry and Financial Services sector, FutureGen Industries's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where FutureGen Industries'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.
FutureGen Industries (RMANF) has a Debt-to-Equity of 0.19 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on FutureGen Industries and its competitors. This is 375% above median its historical median of 0.04. According to the industry distribution chart, FutureGen Industries ranks #432 out of 938 companies in the Asset Management industry, placing it in the top 46.1%.
Is FutureGen Industries' Debt-to-Equity too high?
FutureGen Industries' current Debt-to-Equity of 0.19 is 375% above median its 10-year median of 0.04. The Asset Management industry median Debt-to-Equity is 0.21. FutureGen Industries' value of 0.19 is 9.5% below this industry median. Based on the distribution chart, FutureGen Industries ranks #432 out of 938 companies in the Asset Management industry, which is above the industry midpoint. Overall, FutureGen Industries has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does FutureGen Industries' Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, FutureGen Industries ranks #432 out of 938 companies for Debt-to-Equity. This puts FutureGen Industries in the upper half of its industry. The industry median Debt-to-Equity is 0.21. FutureGen Industries' value of 0.19 is 9.5% below this benchmark. While the company's 10-year median is 0.04 vs. the industry median of 0.21, FutureGen Industries has consistently been below 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 an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 938 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. FutureGen Industries's current Debt-to-Equity of 0.19 is 9.5% below 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 FutureGen Industries and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. FutureGen Industries's current Debt-to-Equity is 0.19, which is 375% above median its own 10-year median of 0.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is FutureGen Industries stock overvalued right now?
FutureGen Industries (RMANF) has a current Debt-to-Equity of 0.19. The current Debt-to-Equity is 0.19, which is 375% above median its 10-year median of 0.04 and 9.5% below the Asset Management industry median of 0.21. FutureGen Industries' overall GF Score™ is 28/100 with 4 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 FutureGen Industries (RMANF), the current Debt-to-Equity is 0.19 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.
FutureGen Industries Corp, formerly Right Season Investments Corp is a Canadian venture capital and advisory firm focused on investing growth capital in private and public companies in innovation-driven sectors such as Artificial Intelligence (AI), Biotechnology, Advanced Technology, and Robotics.
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