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Discovery Energy MetalsDEMCF 31 Equity-to-Asset is 0.77 as of Apr. 2026, which is 13% below its 10-year median of 0.89. GuruFocus rates DEMCF with a GF Score™ of 31/100. The stock has 2 warning signs investors should review. Among 2,667 Metals & Mining companies, Discovery Energy Metals ranks worse than 52.04% on this metric.
The historical rank and industry rank for Discovery Energy Metals's Equity-to-Asset or its related term are showing as below:
DEMCF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31 Med: 0.89 Max: 0.98
Current: 0.77
During the past 5 years, the highest Equity to Asset Ratio of Discovery Energy Metals was 0.98. The lowest was 0.31. And the median was 0.89.
DEMCF's Equity-to-Asset is ranked worse than 52.04% of 2667
companies
in the Metals & Mining industry
Industry Median: 0.8
vs DEMCF: 0.77
Discovery Energy Metals (OTCPK:DEMCF) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Discovery Energy Metals Equity-to-Asset Related Terms
Discovery Energy Metals Equity-to-Asset Historical Data
* 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.
Discovery Energy Metals Equity-to-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Discovery Energy Metals's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.
Discovery Energy Metals Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Discovery Energy Metals's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Discovery Energy Metals's Equity-to-Asset falls into.
Discovery Energy Metals Equity-to-Asset Calculation
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Discovery Energy Metals's Equity to Asset Ratio for the fiscal year that ended in Jan. 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.
Discovery Energy Metals (DEMCF) has a Equity-to-Asset of 0.77 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Discovery Energy Metals and its competitors. This is 13% below median its historical median of 0.89. Over the past decade, Discovery Energy Metals' Equity-to-Asset has ranged from 0.31 to 0.98. According to the industry distribution chart, Discovery Energy Metals ranks #1388 out of 2667 companies in the Metals & Mining industry, placing it in the top 52%.
Is Discovery Energy Metals' Equity-to-Asset too high?
Discovery Energy Metals' current Equity-to-Asset of 0.77 is 13% below median its 10-year median of 0.89. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.98. The Metals & Mining industry median Equity-to-Asset is 0.80. Discovery Energy Metals' value of 0.77 is 3.8% below this industry median. Based on the distribution chart, Discovery Energy Metals ranks #1388 out of 2667 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Discovery Energy Metals has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Discovery Energy Metals' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Discovery Energy Metals ranks #1388 out of 2667 companies for Equity-to-Asset. This places Discovery Energy Metals in the lower half of its industry. The industry median Equity-to-Asset is 0.80. Discovery Energy Metals' value of 0.77 is 3.8% below this benchmark. Historically, Discovery Energy Metals' own Equity-to-Asset has ranged from 0.31 to 0.98 over the past decade. While the company's 10-year median is 0.89 vs. the industry median of 0.80, Discovery Energy Metals 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 Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,667 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Discovery Energy Metals's current Equity-to-Asset of 0.77 is 3.8% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Discovery Energy Metals and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Discovery Energy Metals's current Equity-to-Asset is 0.77, which is 13% below median its own 10-year median of 0.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Discovery Energy Metals stock overvalued right now?
Discovery Energy Metals (DEMCF) has a current Equity-to-Asset of 0.77. The current Equity-to-Asset is 0.77, which is 13% below median its 10-year median of 0.89 and 3.8% below the Metals & Mining industry median of 0.80. Discovery Energy Metals' overall GF Score™ is 31/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Discovery Energy Metals (DEMCF), the current Equity-to-Asset is 0.77 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.
Discovery Energy Metals Corp is engaged in the exploration and development of lithium and cesium anomalies in the area of the Nunavik region of Northern Quebec.
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