Apex ResourcesSLMLF -1.23% Debt-to-Equity is 0.07 as of Dec. 2025, which is 75% above its 10-year median of 0.04. Among 1,221 Metals & Mining companies, Apex Resources ranks better than 63.55% 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 Apex Resources's Debt-to-Equity or its related term are showing as below:
SLMLF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04 Med: 0.04 Max: 0.07
Current: 0.07
During the past 13 years, the highest Debt-to-Equity Ratio of Apex Resources was 0.07. The lowest was 0.04. And the median was 0.04.
SLMLF's Debt-to-Equity is ranked better than 63.55% of 1221
companies
in the Metals & Mining industry
Industry Median: 0.15
vs SLMLF: 0.07
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.
Apex Resources Debt-to-Equity Related Terms
Apex Resources Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Apex 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.
For the Other Industrial Metals & Mining subindustry, Apex 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.
Apex Resources Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Apex Resources's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Apex Resources'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.
Apex Resources (SLMLF) has a Debt-to-Equity of 0.07 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Apex Resources and its competitors. This is 75% above median its historical median of 0.04. Over the past decade, Apex Resources' Debt-to-Equity has ranged from 0.04 to 0.07. According to the industry distribution chart, Apex Resources ranks #445 out of 1221 companies in the Metals & Mining industry, placing it in the top 36.4%.
Is Apex Resources' Debt-to-Equity too high?
Apex Resources' current Debt-to-Equity of 0.07 is 75% above median its 10-year median of 0.04. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.07. The Metals & Mining industry median Debt-to-Equity is 0.15. Apex Resources' value of 0.07 is 53.3% below this industry median. Based on the distribution chart, Apex Resources ranks #445 out of 1221 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Apex Resources' Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Apex Resources ranks #445 out of 1221 companies for Debt-to-Equity. This puts Apex Resources in the upper half of its industry. The industry median Debt-to-Equity is 0.15. Apex Resources' value of 0.07 is 53.3% below this benchmark. Historically, Apex Resources' own Debt-to-Equity has ranged from 0.04 to 0.07 over the past decade. While the company's 10-year median is 0.04 vs. the industry median of 0.15, Apex Resources 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 a Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,221 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. Apex Resources's current Debt-to-Equity of 0.07 is 53.3% 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 Apex 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. Apex Resources's current Debt-to-Equity is 0.07, which is 75% 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 Apex Resources stock overvalued right now?
Apex Resources (SLMLF) has a current Debt-to-Equity of 0.07. The current Debt-to-Equity is 0.07, which is 75% above median its 10-year median of 0.04 and 53.3% below the Metals & Mining industry median of 0.15. 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 Apex Resources (SLMLF), the current Debt-to-Equity is 0.07 as of Dec. 2025. 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.
Apex Resources Inc is in the exploration stage, and its principal business activity is the exploration and evaluation of mineral properties in Canada and USA. The company is in the process of exploring and evaluating its mineral properties. The company has interests in the Lithium Creek Project, the Jersey-Emerald property, and Ore Hill.
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