Develop GlobalVTEXF 57 Debt-to-Equity is 0.25 as of Dec. 2025, which is 178% above its 10-year median of 0.09. GuruFocus rates VTEXF with a GF Score™ of 57/100 and a GF Value™ of $3.44. The stock has 8 warning signs investors should review. Among 1,220 Metals & Mining companies, Develop Global ranks worse than 60.25% 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 Develop Global's Debt-to-Equity or its related term are showing as below:
VTEXF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.09 Max: 0.45
Current: 0.25
During the past 13 years, the highest Debt-to-Equity Ratio of Develop Global was 0.45. The lowest was 0.00. And the median was 0.09.
VTEXF's Debt-to-Equity is ranked worse than 60.25% of 1220
companies
in the Metals & Mining industry
Industry Median: 0.15
vs VTEXF: 0.25
Develop Global (OTCPK:VTEXF) Debt-to-Equity Explanation
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.
Develop Global Debt-to-Equity Related Terms
Develop Global Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Develop Global'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.
Develop Global Debt-to-Equity Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Develop Global'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.
Develop Global Debt-to-Equity vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Develop Global's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Develop Global'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.
Develop Global (VTEXF) has a Debt-to-Equity of 0.25 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Develop Global and its competitors. This is 178% above median its historical median of 0.09. According to the industry distribution chart, Develop Global ranks #735 out of 1220 companies in the Metals & Mining industry, placing it in the top 60.2%.
Is Develop Global's Debt-to-Equity too high?
Develop Global's current Debt-to-Equity of 0.25 is 178% above median its 10-year median of 0.09. The Metals & Mining industry median Debt-to-Equity is 0.15. Develop Global's value of 0.25 is 66.7% above this industry median. Based on the distribution chart, Develop Global ranks #735 out of 1220 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Develop Global has a GF Score™ of 57/100, reflecting its overall financial health beyond just this single metric.
How does Develop Global's Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Develop Global ranks #735 out of 1220 companies for Debt-to-Equity. This places Develop Global in the lower half of its industry. The industry median Debt-to-Equity is 0.15. Develop Global's value of 0.25 is 66.7% above this benchmark. While the company's 10-year median is 0.09 vs. the industry median of 0.15, Develop Global has consistently been above 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 1,220 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. Develop Global's current Debt-to-Equity of 0.25 is 66.7% above 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 Develop Global 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. Develop Global's current Debt-to-Equity is 0.25, which is 178% above median its own 10-year median of 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Develop Global stock overvalued right now?
Develop Global (VTEXF) has a current Debt-to-Equity of 0.25. The stock's GF Value™ is $3.44, compared to a current price of $3.66 — trading 6.4% above its estimated fair value. The current Debt-to-Equity is 0.25, which is 178% above median its 10-year median of 0.09 and 66.7% above the Metals & Mining industry median of 0.15. Develop Global's overall GF Score™ is 57/100 with 8 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 Develop Global (VTEXF), the current Debt-to-Equity is 0.25 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.
Is Develop Global (VTEXF) Overvalued in 2026?
Based on GuruFocus' analysis, Develop Global stock appears to be overvalued.
The current stock price of $3.66 is trading 6.4% above its estimated GF Value™ of $3.44.
Key valuation signals for VTEXF:
Debt-to-Equity: 0.25 (178% above median its 10-year median of 0.09)
GF Value™: $3.44 vs. price of $3.66 (6.4% above fair value)
Industry Position: 66.7% above the Metals & Mining median (#735 of 1220)
No single metric tells the full story. See the VTEXF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Develop Global Ltd is an Australian company focused on the exploration and development of its advanced zinc-copper projects located near Port Hedland in the premier Pilbara mining province of Western Australia. The company owns two advanced Zinc / Copper projects which include Woodlawn Copper and Sulphur Springs.
57GF Score
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