GRLMF (GreenLight Metals) Equity-to-Asset: 0.86 (As of Jun. 2026) — 15% Above Median

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GRLMF GreenLight Metals Inc GRLMF
15 GF Score
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What is GreenLight Metals Equity-to-Asset?

GreenLight Metals GRLMF +12.62% 15 Equity-to-Asset is 0.86 as of Jun. 2026, which is 15% above its 10-year median of 0.75. GuruFocus rates GRLMF with a GF Score™ of 15/100. The stock has 1 warning sign investors should review. Among 2,677 Metals & Mining companies, GreenLight Metals ranks better than 57.68% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GreenLight Metals's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $4.89 Mil. GreenLight Metals's Total Assets for the quarter that ended in Jun. 2026 was $5.68 Mil.

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

GRLMF' s Equity-to-Asset Range Over the Past 10 Years
Min: -4.02   Med: 0.75   Max: 0.92
Current: 0.86

During the past 6 years, the highest Equity to Asset Ratio of GreenLight Metals was 0.92. The lowest was -4.02. And the median was 0.75.

GRLMF's Equity-to-Asset is ranked better than
57.68% of 2677 companies
in the Metals & Mining industry
Industry Median: 0.81 vs GRLMF: 0.86

GreenLight Metals  (OTCPK:GRLMF) 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%.


GreenLight Metals Equity-to-Asset Related Terms


GreenLight Metals Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for GreenLight Metals'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.

GreenLight Metals Equity-to-Asset Chart

GreenLight Metals Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial 0.33 0.91 0.75 0.40 0.91

GreenLight Metals Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.89 0.60 0.91 0.89 0.86

GreenLight Metals Equity-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, GreenLight 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.


GreenLight Metals Equity-to-Asset vs Metals & Mining Industry

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

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


GRLMF
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GreenLight Metals Inc GRLMF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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GreenLight 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.

GreenLight Metals's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=7.377/8.149
=

GreenLight Metals's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=4.885/5.676
=

* 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 0.86 mean?
GreenLight Metals (GRLMF) has a Equity-to-Asset of 0.86 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on GreenLight Metals and its competitors. This is 15% above median its historical median of 0.75. According to the industry distribution chart, GreenLight Metals ranks #1133 out of 2677 companies in the Metals & Mining industry, placing it in the top 42.3%.
Is GreenLight Metals' Equity-to-Asset too high?
GreenLight Metals' current Equity-to-Asset of 0.86 is 15% above median its 10-year median of 0.75. The Metals & Mining industry median Equity-to-Asset is 0.81. GreenLight Metals' value of 0.86 is 6.2% above this industry median. Based on the distribution chart, GreenLight Metals ranks #1133 out of 2677 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, GreenLight Metals has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does GreenLight Metals' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, GreenLight Metals ranks #1133 out of 2677 companies for Equity-to-Asset. This puts GreenLight Metals in the upper half of its industry. The industry median Equity-to-Asset is 0.81. GreenLight Metals' value of 0.86 is 6.2% above this benchmark. While the company's 10-year median is 0.75 vs. the industry median of 0.81, GreenLight Metals 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 0.81, 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. GreenLight Metals's current Equity-to-Asset of 0.86 is 6.2% 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 GreenLight Metals and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GreenLight Metals's current Equity-to-Asset is 0.86, which is 15% above median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GreenLight Metals stock overvalued right now?
GreenLight Metals (GRLMF) has a current Equity-to-Asset of 0.86. The current Equity-to-Asset is 0.86, which is 15% above median its 10-year median of 0.75 and 6.2% above the Metals & Mining industry median of 0.81. GreenLight Metals' overall GF Score™ is 15/100 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 GreenLight Metals (GRLMF), the current Equity-to-Asset is 0.86 as of Jun. 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.

GreenLight Metals Business Description

Other Exchanges W8I:GermanyGRL:Canada
Address 141 Adelaide Street W, Suite 520, Toronto, ON, CAN, M5H 3L5
GreenLight Metals Inc is engaged in the acquisition, exploration, and evaluation of mineral property interests. Its mission is to expand known mineral resources and make new discoveries on one of North America's prolific yet underexplored volcanogenic massive sulfide (VMS) greenstone belts. The Belt's deposits are rich in the clean energy metals copper and zinc, as well as gold, that are required to power the imminent green, low-carbon economy. The company's project includes the Reef Gold Project, the Bend Project, the Lobo Property, the Lobo East Property, and the Kalium Canyon Property.
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