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Japan GoldJGLDF +4.06% Equity-to-Asset is 0.98 as of Mar. 2026, which is 2% above its 10-year median of 0.96. The stock has 2 warning signs investors should review. Among 2,667 Metals & Mining companies, Japan Gold ranks better than 93.06% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Japan Gold's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $16.58 Mil. Japan Gold's Total Assets for the quarter that ended in Mar. 2026 was $16.88 Mil.
The historical rank and industry rank for Japan Gold's Equity-to-Asset or its related term are showing as below:
JGLDF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.84 Med: 0.96 Max: 0.99
Current: 0.98
During the past 13 years, the highest Equity to Asset Ratio of Japan Gold was 0.99. The lowest was 0.84. And the median was 0.96.
JGLDF's Equity-to-Asset is ranked better than 93.06% of 2667
companies
in the Metals & Mining industry
Industry Median: 0.8
vs JGLDF: 0.98
Japan Gold (OTCPK:JGLDF) 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%.
Japan Gold Equity-to-Asset Related Terms
Japan Gold Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Japan 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, Japan 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.
Japan Gold Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Japan Gold's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Japan 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.
Japan 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.
Japan Gold (JGLDF) has a Equity-to-Asset of 0.98 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Japan Gold and its competitors. This is near median its historical median of 0.96. Over the past decade, Japan Gold's Equity-to-Asset has ranged from 0.84 to 0.99. According to the industry distribution chart, Japan Gold ranks #185 out of 2667 companies in the Metals & Mining industry, placing it in the top 6.9%.
Is Japan Gold's Equity-to-Asset too high?
Japan Gold's current Equity-to-Asset of 0.98 is near median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 0.99. The Metals & Mining industry median Equity-to-Asset is 0.80. Japan Gold's value of 0.98 is 22.5% above this industry median. Based on the distribution chart, Japan Gold ranks #185 out of 2667 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Japan Gold's Equity-to-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Japan Gold ranks #185 out of 2667 companies for Equity-to-Asset. This places Japan Gold in the top 7% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.80. Japan Gold's value of 0.98 is 22.5% above this benchmark. Historically, Japan Gold's own Equity-to-Asset has ranged from 0.84 to 0.99 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 0.80, Japan 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 2,667 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. Japan Gold's current Equity-to-Asset of 0.98 is 22.5% 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 Japan 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. Japan Gold's current Equity-to-Asset is 0.98, which is near median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Japan Gold stock overvalued right now?
Japan Gold (JGLDF) has a current Equity-to-Asset of 0.98. The current Equity-to-Asset is 0.98, which is near median its 10-year median of 0.96 and 22.5% above the Metals & Mining industry median of 0.80. 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 Japan Gold (JGLDF), the current Equity-to-Asset is 0.98 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.
Japan Gold Corp is a mineral exploration company. It is engaged in gold and copper-gold exploration in Japan. The company has identified one reportable operating segment: the exploration and evaluation of mineral properties across the three islands of Japan: Hokkaido, Honshu, and Kyushu.
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