GGTHF (Golden Goliath Resources) Equity-to-Asset: 0.68 (As of May. 2026) — 26% Below Median

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GGTHF Golden Goliath Resources Ltd GGTHF
28 GF Score
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! 2 Warning Signs
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What is Golden Goliath Resources Equity-to-Asset?

Golden Goliath Resources GGTHF 28 Equity-to-Asset is 0.68 as of May. 2026, which is 26% below its 10-year median of 0.92. GuruFocus rates GGTHF with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 2,679 Metals & Mining companies, Golden Goliath Resources ranks worse than 61.18% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Golden Goliath Resources's Total Stockholders Equity for the quarter that ended in May. 2026 was $0.61 Mil. Golden Goliath Resources's Total Assets for the quarter that ended in May. 2026 was $0.89 Mil.

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

GGTHF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.39   Med: 0.92   Max: 0.96
Current: 0.68

During the past 13 years, the highest Equity to Asset Ratio of Golden Goliath Resources was 0.96. The lowest was 0.39. And the median was 0.92.

GGTHF's Equity-to-Asset is ranked worse than
61.18% of 2679 companies
in the Metals & Mining industry
Industry Median: 0.8 vs GGTHF: 0.68

Golden Goliath Resources  (OTCPK:GGTHF) 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%.


Golden Goliath Resources Equity-to-Asset Related Terms


Golden Goliath Resources Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Golden Goliath Resources'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.

Golden Goliath Resources Equity-to-Asset Chart

Golden Goliath Resources Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.93 0.95 0.92 0.66 0.43

Golden Goliath Resources Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 0.39 0.43 0.63 0.59 0.68

Golden Goliath Resources Equity-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Golden Goliath Resources'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.


Golden Goliath Resources Equity-to-Asset vs Metals & Mining Industry

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

* The bar in red indicates where Golden Goliath Resources's Equity-to-Asset falls into.


GGTHF
28GF Score
Golden Goliath Resources Ltd GGTHF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Golden Goliath Resources 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.

Golden Goliath Resources's Equity to Asset Ratio for the fiscal year that ended in Aug. 2025 is calculated as

Equity to Asset (A: Aug. 2025 )=Total Stockholders Equity/Total Assets
=0.26990786263156/0.62202265195382
=

Golden Goliath Resources's Equity to Asset Ratio for the quarter that ended in May. 2026 is calculated as

Equity to Asset (Q: May. 2026 )=Total Stockholders Equity/Total Assets
=0.60767159086784/0.89076694130885
=

* 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 0.68 mean?
Golden Goliath Resources (GGTHF) has a Equity-to-Asset of 0.68 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Golden Goliath Resources and its competitors. This is 26% below median its historical median of 0.92. Over the past decade, Golden Goliath Resources' Equity-to-Asset has ranged from 0.39 to 0.96. According to the industry distribution chart, Golden Goliath Resources ranks #1639 out of 2679 companies in the Metals & Mining industry, placing it in the top 61.2%.
Is Golden Goliath Resources' Equity-to-Asset too high?
Golden Goliath Resources' current Equity-to-Asset of 0.68 is 26% below median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.96. The Metals & Mining industry median Equity-to-Asset is 0.80. Golden Goliath Resources' value of 0.68 is 15% below this industry median. Based on the distribution chart, Golden Goliath Resources ranks #1639 out of 2679 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Golden Goliath Resources has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Golden Goliath Resources' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Golden Goliath Resources ranks #1639 out of 2679 companies for Equity-to-Asset. This places Golden Goliath Resources in the lower half of its industry. The industry median Equity-to-Asset is 0.80. Golden Goliath Resources' value of 0.68 is 15% below this benchmark. Historically, Golden Goliath Resources' own Equity-to-Asset has ranged from 0.39 to 0.96 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.80, Golden Goliath Resources 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 2,679 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. Golden Goliath Resources's current Equity-to-Asset of 0.68 is 15% 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 Golden Goliath Resources 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. Golden Goliath Resources's current Equity-to-Asset is 0.68, which is 26% below median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Goliath Resources stock overvalued right now?
Golden Goliath Resources (GGTHF) has a current Equity-to-Asset of 0.68. The current Equity-to-Asset is 0.68, which is 26% below median its 10-year median of 0.92 and 15% below the Metals & Mining industry median of 0.80. Golden Goliath Resources' overall GF Score™ is 28/100 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 Golden Goliath Resources (GGTHF), the current Equity-to-Asset is 0.68 as of May. 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.

Golden Goliath Resources Business Description

Other Exchanges GGZA:GermanyGNG:Canada
Address 688 West Hastings Street, Suite 920, Vancouver, BC, CAN, V6B 1P1
Golden Goliath Resources Ltd is an exploration stage company. Its principal business activity is the acquisition and exploration of resource properties. It has properties in Ontario, Canada namely KWAI property and SLF property in the Red Lake District, the Wish Ore property in townships of Wishat and Palmer and in Mexico namely San Timoteo and NSR Royalties.
28GF Score

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