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Comet IndustriesTSXV:CMU 25 Debt-to-Equity is 0.17 as of Apr. 2026, which is 69% below its 10-year median of 0.54. GuruFocus rates TSXV:CMU with a GF Score™ of 25/100. The stock has 2 warning signs investors should review. Among 1,545 Real Estate companies, Comet Industries ranks better than 80.71% 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 Comet Industries's Debt-to-Equity or its related term are showing as below:
TSXV:CMU'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.54 Max: 1.04
Current: 0.17
During the past 13 years, the highest Debt-to-Equity Ratio of Comet Industries was 1.04. The lowest was 0.00. And the median was 0.54.
TSXV:CMU's Debt-to-Equity is ranked better than 80.71% of 1545
companies
in the Real Estate industry
Industry Median: 0.74
vs TSXV:CMU: 0.17
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.
Comet Industries Debt-to-Equity Related Terms
Comet Industries Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Comet 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.
TSXV:CMU vs CBRE, BEKE, JLL: Debt-to-Equity Comparison
For the Real Estate Services subindustry, Comet 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.
Comet Industries Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Comet Industries's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Comet 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.
Comet Industries (TSXV:CMU) has a Debt-to-Equity of 0.17 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Comet Industries and its competitors. This is 69% below median its historical median of 0.54. According to the industry distribution chart, Comet Industries ranks #298 out of 1545 companies in the Real Estate industry, placing it in the top 19.3%.
Is Comet Industries' Debt-to-Equity too high?
Comet Industries' current Debt-to-Equity of 0.17 is 69% below median its 10-year median of 0.54. The Real Estate industry median Debt-to-Equity is 0.74. Comet Industries' value of 0.17 is 77% below this industry median. Based on the distribution chart, Comet Industries ranks #298 out of 1545 companies in the Real Estate industry, which is in the top quartile — a strong position relative to peers. Overall, Comet Industries has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does Comet Industries' Debt-to-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Comet Industries ranks #298 out of 1545 companies for Debt-to-Equity. This places Comet Industries in the top 19% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.74. Comet Industries' value of 0.17 is 77% below this benchmark. While the company's 10-year median is 0.54 vs. the industry median of 0.74, Comet 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 a Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.74, based on 1,545 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. Comet Industries's current Debt-to-Equity of 0.17 is 77% 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 Comet Industries and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.74 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Comet Industries's current Debt-to-Equity is 0.17, which is 69% below median its own 10-year median of 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Comet Industries stock overvalued right now?
Comet Industries (TSXV:CMU) has a current Debt-to-Equity of 0.17. The current Debt-to-Equity is 0.17, which is 69% below median its 10-year median of 0.54 and 77% below the Real Estate industry median of 0.74. Comet Industries' overall GF Score™ is 25/100 with 2 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 Comet Industries (TSXV:CMU), the current Debt-to-Equity is 0.17 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.
Comet Industries Ltd is an exploration-stage company. The Company is engaged in the business of developing properties, including Iron Mask, and holding and managing real properties, all in British Columbia. The company owns unimproved land in Kamloops, Terrace, and Pender Harbor, and a rental property in Vancouver, British Columbia, on a freehold basis. The segments of the company include Investment Properties, Exploration, Properties under Development, and General or Administration. The company generates maximum revenue from the Properties under Development segment.
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