RMESF (Red Metal Resources) Debt-to-Equity: -1.14 (As of Apr. 2026)


What is Red Metal Resources Debt-to-Equity?

Red Metal Resources RMESF Debt-to-Equity is -1.14 as of Apr. 2026. The stock has 3 warning signs investors should review. Among 1,220 Metals & Mining companies, Red Metal Resources ranks worse than 81967.13% on this metric.

Red Metal Resources's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $0.72 Mil. Red Metal Resources's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $0.99 Mil. Red Metal Resources's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $-1.50 Mil. Red Metal Resources's debt to equity for the quarter that ended in Apr. 2026 was -1.14.

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

RMESF' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.29   Med: -1.12   Max: -0.47
Current: -1.14

During the past 13 years, the highest Debt-to-Equity Ratio of Red Metal Resources was -0.47. The lowest was -4.29. And the median was -1.12.

RMESF's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.15 vs RMESF: -1.14

Red Metal Resources  (OTCPK:RMESF) 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.

Red Metal Resources Debt-to-Equity Related Terms

Red Metal Resources Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Red Metal 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.

Red Metal Resources Debt-to-Equity Chart

Red Metal Resources Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.42 -1.12 -0.96 -1.12 -1.03

Red Metal Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -1.08 -0.97 -0.99 -1.03 -1.14

Red Metal Resources Debt-to-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Red Metal 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.

Red Metal Resources Debt-to-Equity vs Metals & Mining Industry

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

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


Red Metal Resources Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Red Metal Resources's Debt to Equity Ratio for the fiscal year that ended in Jan. 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
=(0.702 + 0.96) / -1.612
=-1.03

Red Metal Resources's Debt to Equity Ratio for the quarter that ended in Apr. 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
=(0.723 + 0.992) / -1.504
=-1.14

* 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 -1.14 mean?
Red Metal Resources (RMESF) has a Debt-to-Equity of -1.14 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Red Metal Resources and its competitors. According to the industry distribution chart, Red Metal Resources ranks #999999 out of 1220 companies in the Metals & Mining industry.
Is Red Metal Resources' Debt-to-Equity too high?
Red Metal Resources' current Debt-to-Equity is -1.14. Based on the distribution chart, Red Metal Resources ranks #999999 out of 1220 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Red Metal Resources' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Red Metal Resources ranks #999999 out of 1220 companies for Debt-to-Equity. This places Red Metal Resources 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 1,220 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 Red Metal Resources 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. Red Metal Resources's current Debt-to-Equity is -1.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Metal Resources stock overvalued right now?
Red Metal Resources (RMESF) has a current Debt-to-Equity of -1.14. The current Debt-to-Equity is -1.14. 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 Red Metal Resources (RMESF), the current Debt-to-Equity is -1.14 as of Apr. 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.

Red Metal Resources Business Description

Other Exchanges I660:GermanyRMES:Canada
Address 1130 West Pender Street, Suite 555, Vancouver, BC, CAN, V6E 4A4
Red Metal Resources Ltd is involved in acquiring and exploring mineral properties in Chile. The company's interest in exploration and evaluation assets consisted of three active copper-gold projects on two properties, namely the Farellon and Perth Projects, both located on the Carrizal Property, and the Mateo Project, located on the Mateo Property. It operates in Chile and Canada.