Granada Gold Mine (FRA:B6DA) Equity-to-Asset: -24.97 (As of Dec. 2025)

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.

What is Granada Gold Mine Equity-to-Asset?

Granada Gold Mine FRA:B6DA Equity-to-Asset is -24.97 as of Dec. 2025. The stock has 2 warning signs investors should review. Among 2,677 Metals & Mining companies, Granada Gold Mine ranks worse than 98.09% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Granada Gold Mine's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €-9.08 Mil. Granada Gold Mine's Total Assets for the quarter that ended in Dec. 2025 was €0.36 Mil.

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

FRA:B6DA' s Equity-to-Asset Range Over the Past 10 Years
Min: -26.43   Med: -3.86   Max: -0.14
Current: -24.98

During the past 13 years, the highest Equity to Asset Ratio of Granada Gold Mine was -0.14. The lowest was -26.43. And the median was -3.86.

FRA:B6DA's Equity-to-Asset is ranked worse than
98.09% of 2677 companies
in the Metals & Mining industry
Industry Median: 0.8 vs FRA:B6DA: -24.98

Granada Gold Mine  (FRA:B6DA) 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%.


Granada Gold Mine Equity-to-Asset Related Terms


Granada Gold Mine Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Granada Gold Mine'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.

Granada Gold Mine Equity-to-Asset Chart

Granada Gold Mine Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.47 -3.43 -11.71 -14.34 -26.41

Granada Gold Mine Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 -13.10 -17.08 -26.41 -24.63 -24.97

FRA:B6DA vs NEM, AU: Equity-to-Asset Comparison

For the Gold subindustry, Granada Gold Mine'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.


Granada Gold Mine Equity-to-Asset vs Metals & Mining Industry

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

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



Granada Gold Mine 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.

Granada Gold Mine's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Equity to Asset (A: Jun. 2025 )=Total Stockholders Equity/Total Assets
=-8.5141792955387/0.32235630443948
=

Granada Gold Mine's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=-9.0757908442201/0.36347489735379
=

* 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 -24.97 mean?
Granada Gold Mine (FRA:B6DA) has a Equity-to-Asset of -24.97 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Granada Gold Mine and its competitors. According to the industry distribution chart, Granada Gold Mine ranks #2626 out of 2677 companies in the Metals & Mining industry, placing it in the top 98.1%.
Is Granada Gold Mine's Equity-to-Asset too high?
Granada Gold Mine's current Equity-to-Asset is -24.97. Based on the distribution chart, Granada Gold Mine ranks #2626 out of 2677 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Granada Gold Mine's Equity-to-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Granada Gold Mine ranks #2626 out of 2677 companies for Equity-to-Asset. This places Granada Gold Mine in the lower half of its industry. The industry median Equity-to-Asset is 0.80. 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. 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 Granada Gold Mine 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. Granada Gold Mine's current Equity-to-Asset is -24.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Granada Gold Mine stock overvalued right now?
Granada Gold Mine (FRA:B6DA) has a current Equity-to-Asset of -24.97. The current Equity-to-Asset is -24.97. 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 Granada Gold Mine (FRA:B6DA), the current Equity-to-Asset is -24.97 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.

Granada Gold Mine Business Description

Address 3028 Quadra Court, Coquitlam, BC, CAN, V3B 5X6
Granada Gold Mine Inc is a Canada-based company involved in the industrial metals and mining business sector. The company is a junior natural resource company, which is engaged in the acquisition, exploration, and development of mineral property interests. It operates in the Granada Gold project.