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Gemdale GoldGDGIF 12 Equity-to-Asset is 0.94 as of Mar. 2026. GuruFocus rates GDGIF with a GF Score™ of 12/100. Among 2,670 Metals & Mining companies, Gemdale Gold ranks better than 75.81% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Gemdale Gold's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $3.32 Mil. Gemdale Gold's Total Assets for the quarter that ended in Mar. 2026 was $3.55 Mil.
The historical rank and industry rank for Gemdale Gold's Equity-to-Asset or its related term are showing as below:
GDGIF'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.61 Med: -0.05 Max: 0.94
Current: 0.94
During the past 3 years, the highest Equity to Asset Ratio of Gemdale Gold was 0.94. The lowest was -0.61. And the median was -0.05.
GDGIF's Equity-to-Asset is ranked better than 75.81% of 2670
companies
in the Metals & Mining industry
Industry Median: 0.8
vs GDGIF: 0.94
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%.
Gemdale Gold Equity-to-Asset Related Terms
Gemdale Gold Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Gemdale 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.
For the Gold subindustry, Gemdale 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.
Gemdale Gold Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Gemdale Gold's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Gemdale Gold's Equity-to-Asset falls into.
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.
Gemdale Gold's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 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.
Gemdale Gold (GDGIF) has a Equity-to-Asset of 0.94 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Gemdale Gold and its competitors. According to the industry distribution chart, Gemdale Gold ranks #646 out of 2670 companies in the Metals & Mining industry, placing it in the top 24.2%.
Is Gemdale Gold's Equity-to-Asset too high?
Gemdale Gold's current Equity-to-Asset is 0.94. The Metals & Mining industry median Equity-to-Asset is 0.80. Gemdale Gold's value of 0.94 is 17.5% above this industry median. Based on the distribution chart, Gemdale Gold ranks #646 out of 2670 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Gemdale Gold has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Gemdale Gold's Equity-to-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Gemdale Gold ranks #646 out of 2670 companies for Equity-to-Asset. This places Gemdale Gold in the top 24% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.80. Gemdale Gold's value of 0.94 is 17.5% above this benchmark. 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 2,670 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. Gemdale 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 Gemdale 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. Gemdale Gold's current Equity-to-Asset is 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gemdale Gold stock overvalued right now?
Gemdale Gold (GDGIF) has a current Equity-to-Asset of 0.94. The current Equity-to-Asset is 0.94 and 17.5% above the Metals & Mining industry median of 0.80. Gemdale Gold's overall GF Score™ is 12/100. 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 Gemdale Gold (GDGIF), the current Equity-to-Asset is 0.94 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.
Gemdale Gold Inc owns a portfolio of prospective exploration licenses in Finland, and is focused on making new gold and critical metal discoveries on these properties. The company has been active in Finland since 2018. The Company's 100% owned projects include: Pontio Gold Project (Western Finland), Isoneva (Western Finland), Lapland Projects (Northern Finland), Kumiseva (Western Finland), Nuotti Project, and Savo / Rantasalmi (Southeastern Finland). The company operates in one business segment - the acquisition, and exploration and evaluation of mineral properties, and three geographical segments - Canada, Finland and Ireland.
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