TDG Gold (FRA:34M) Equity-to-Asset: 0.94 (As of Apr. 2026) — 12% Above Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

FRA:34M TDG Gold Corp FRA:34M
34 GF Score
Price €0.28
! 1 Warning Sign
View Full Analysis

What is TDG Gold Equity-to-Asset?

TDG Gold FRA:34M +2.96% 34 Equity-to-Asset is 0.94 as of Apr. 2026, which is 12% above its 10-year median of 0.84. GuruFocus rates FRA:34M with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 2,677 Metals & Mining companies, TDG Gold ranks better than 75.35% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. TDG Gold's Total Stockholders Equity for the quarter that ended in Apr. 2026 was €34.07 Mil. TDG Gold's Total Assets for the quarter that ended in Apr. 2026 was €36.20 Mil.

The historical rank and industry rank for TDG Gold's Equity-to-Asset or its related term are showing as below:

FRA:34M' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.73   Med: 0.84   Max: 0.99
Current: 0.94

During the past 7 years, the highest Equity to Asset Ratio of TDG Gold was 0.99. The lowest was 0.73. And the median was 0.84.

FRA:34M's Equity-to-Asset is ranked better than
75.35% of 2677 companies
in the Metals & Mining industry
Industry Median: 0.8 vs FRA:34M: 0.94

TDG Gold  (FRA:34M) 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%.


TDG Gold Equity-to-Asset Related Terms


TDG Gold Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for TDG Gold's Equity-to-Asset 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.

TDG Gold Equity-to-Asset Chart

TDG Gold Annual Data
Trend Dec18 Dec19 Jul21 Jul22 Jul23 Jul24 Jul25
Equity-to-Asset
Get a 7-Day Free Trial 0.80 0.73 0.77 0.82 0.86

TDG Gold Quarterly Data
Sep20 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Equity-to-Asset 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 0.84 0.86 0.86 0.90 0.94

TDG Gold Equity-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, TDG Gold'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.


TDG Gold Equity-to-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, TDG Gold's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where TDG Gold's Equity-to-Asset falls into.


FRA:34M
34GF Score
TDG Gold Corp FRA:34M
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

TDG Gold 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.

TDG Gold's Equity to Asset Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Equity to Asset (A: Jul. 2025 )=Total Stockholders Equity/Total Assets
=47.421130366633/54.992040472331
=

TDG Gold's Equity to Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

Equity to Asset (Q: Apr. 2026 )=Total Stockholders Equity/Total Assets
=34.06737275831/36.195293579804
=

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.94 mean?
TDG Gold (FRA:34M) has a Equity-to-Asset of 0.94 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TDG Gold and its competitors. This is 12% above median its historical median of 0.84. Over the past decade, TDG Gold's Equity-to-Asset has ranged from 0.73 to 0.99. According to the industry distribution chart, TDG Gold ranks #660 out of 2677 companies in the Metals & Mining industry, placing it in the top 24.7%.
Is TDG Gold's Equity-to-Asset too high?
TDG Gold's current Equity-to-Asset of 0.94 is 12% above median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 0.99. The Metals & Mining industry median Equity-to-Asset is 0.80. TDG Gold's value of 0.94 is 17.5% above this industry median. Based on the distribution chart, TDG Gold ranks #660 out of 2677 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, TDG Gold has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does TDG Gold's Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, TDG Gold ranks #660 out of 2677 companies for Equity-to-Asset. This places TDG Gold in the top 25% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.80. TDG Gold's value of 0.94 is 17.5% above this benchmark. Historically, TDG Gold's own Equity-to-Asset has ranged from 0.73 to 0.99 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 0.80, TDG Gold 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 Equity-to-Asset for a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,677 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. TDG Gold's current Equity-to-Asset of 0.94 is 17.5% 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 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 TDG Gold 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. TDG Gold's current Equity-to-Asset is 0.94, which is 12% above median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TDG Gold stock overvalued right now?
TDG Gold (FRA:34M) has a current Equity-to-Asset of 0.94. The current Equity-to-Asset is 0.94, which is 12% above median its 10-year median of 0.84 and 17.5% above the Metals & Mining industry median of 0.80. TDG Gold's overall GF Score™ is 34/100 with 1 warning sign 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 TDG Gold (FRA:34M), the current Equity-to-Asset is 0.94 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.

TDG Gold Business Description

Other Exchanges TDG:Canada
Address 1055 West Hastings Street, 1400 - Guinness Tower, Vancouver, BC, CAN, V6E 2E9
TDG Gold Corp is a junior mineral exploration company focused predominantly on the exploration and evaluation of mineral resources properties located in northeastern British Columbia. The firm has undertaken several projects, namely the Bot project, Sofia Property, Baker-Shasta, Oxide Peak Property, Anyox Project, and others. It operates in a single segment.
34GF Score

Get the complete analysis for FRA:34M

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€0.28
Price