ZBNIF (ZEB Nickel) Debt-to-Equity: -0.57 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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What is ZEB Nickel Debt-to-Equity?

ZEB Nickel ZBNIF Debt-to-Equity is -0.57 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 1,225 Metals & Mining companies, ZEB Nickel ranks worse than 81632.57% on this metric.

ZEB Nickel's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.99 Mil. ZEB Nickel's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. ZEB Nickel's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-1.74 Mil. ZEB Nickel's debt to equity for the quarter that ended in Mar. 2026 was -0.57.

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 ZEB Nickel's Debt-to-Equity or its related term are showing as below:

ZBNIF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.59   Med: 0.11   Max: 0.27
Current: -0.57

During the past 5 years, the highest Debt-to-Equity Ratio of ZEB Nickel was 0.27. The lowest was -0.59. And the median was 0.11.

ZBNIF's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.14 vs ZBNIF: -0.57

ZEB Nickel  (OTCPK:ZBNIF) 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.


ZEB Nickel Debt-to-Equity Related Terms


ZEB Nickel Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for ZEB Nickel'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.

ZEB Nickel Debt-to-Equity Chart

ZEB Nickel Annual Data
Trend Dec21 Dec22 Dec23 Mar25 Mar26
Debt-to-Equity
0.11 0.16 0.27 -0.59 -0.57

ZEB Nickel Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -0.59 -0.58 -0.58 -0.56 -0.57

ZEB Nickel Debt-to-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, ZEB Nickel'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.


ZEB Nickel Debt-to-Equity vs Metals & Mining Industry

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

* The bar in red indicates where ZEB Nickel's Debt-to-Equity falls into.



ZEB Nickel Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

ZEB Nickel's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

ZEB Nickel's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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 -0.57 mean?
ZEB Nickel (ZBNIF) has a Debt-to-Equity of -0.57 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ZEB Nickel and its competitors. According to the industry distribution chart, ZEB Nickel ranks #999999 out of 1225 companies in the Metals & Mining industry.
Is ZEB Nickel's Debt-to-Equity too high?
ZEB Nickel's current Debt-to-Equity is -0.57. Based on the distribution chart, ZEB Nickel ranks #999999 out of 1225 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does ZEB Nickel's Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, ZEB Nickel ranks #999999 out of 1225 companies for Debt-to-Equity. This places ZEB Nickel in the lower half of its industry. The industry median Debt-to-Equity is 0.14. 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 0.14, based on 1,225 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 ZEB Nickel and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZEB Nickel's current Debt-to-Equity is -0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZEB Nickel stock overvalued right now?
ZEB Nickel (ZBNIF) has a current Debt-to-Equity of -0.57. The current Debt-to-Equity is -0.57. 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 ZEB Nickel (ZBNIF), the current Debt-to-Equity is -0.57 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.

ZEB Nickel Business Description

Other Exchanges ZBNI:Canada
Address 4 King Street West, Suite 401, Toronto, ON, CAN, M5H 1B6
ZEB Nickel Corp is a mineral exploration company. It controls the rights to the Zebediela Nickel Project located in the Limpopo Province in the Republic of South Africa.