RMESF (Red Metal Resources) Equity-to-Asset: -1.23 (As of Apr. 2026)

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What is Red Metal Resources Equity-to-Asset?

Red Metal Resources RMESF Equity-to-Asset is -1.23 as of Apr. 2026. The stock has 3 warning signs investors should review. Among 2,674 Metals & Mining companies, Red Metal Resources ranks worse than 92.89% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Red Metal Resources's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $-1.50 Mil. Red Metal Resources's Total Assets for the quarter that ended in Apr. 2026 was $1.23 Mil.

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

RMESF' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.49   Med: -1.48   Max: -0.16
Current: -1.23

During the past 13 years, the highest Equity to Asset Ratio of Red Metal Resources was -0.16. The lowest was -3.49. And the median was -1.48.

RMESF's Equity-to-Asset is ranked worse than
92.89% of 2674 companies
in the Metals & Mining industry
Industry Median: 0.8 vs RMESF: -1.23

Red Metal Resources  (OTCPK:RMESF) 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%.


Red Metal Resources Equity-to-Asset Related Terms


Red Metal Resources Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Red Metal 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.

Red Metal Resources Equity-to-Asset Chart

Red Metal Resources Annual Data
Trend Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.44 -1.95 -3.19 -1.34 -1.36

Red Metal Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 -1.60 -2.07 -2.20 -1.36 -1.23

Red Metal Resources Equity-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Red Metal 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.


Red Metal Resources Equity-to-Asset vs Metals & Mining Industry

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

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



Red Metal 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.

Red Metal Resources's Equity to Asset Ratio for the fiscal year that ended in Jan. 2026 is calculated as

Equity to Asset (A: Jan. 2026 )=Total Stockholders Equity/Total Assets
=-1.612/1.184
=

Red Metal Resources's Equity to Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

Equity to Asset (Q: Apr. 2026 )=Total Stockholders Equity/Total Assets
=-1.504/1.225
=

* 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 -1.23 mean?
Red Metal Resources (RMESF) has a Equity-to-Asset of -1.23 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Red Metal Resources and its competitors. According to the industry distribution chart, Red Metal Resources ranks #2484 out of 2674 companies in the Metals & Mining industry, placing it in the top 92.9%.
Is Red Metal Resources' Equity-to-Asset too high?
Red Metal Resources' current Equity-to-Asset is -1.23. Based on the distribution chart, Red Metal Resources ranks #2484 out of 2674 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Red Metal Resources' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Red Metal Resources ranks #2484 out of 2674 companies for Equity-to-Asset. This places Red Metal Resources 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 2,674 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 Red Metal 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. Red Metal Resources's current Equity-to-Asset is -1.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Metal Resources stock overvalued right now?
Red Metal Resources (RMESF) has a current Equity-to-Asset of -1.23. The current Equity-to-Asset is -1.23. 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 Red Metal Resources (RMESF), the current Equity-to-Asset is -1.23 as of Apr. 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.

Red Metal Resources Business Description

Other Exchanges I660:GermanyRMES:Canada
Address 1130 West Pender Street, Suite 555, Vancouver, BC, CAN, V6E 4A4
Red Metal Resources Ltd is involved in acquiring and exploring mineral properties in Chile. The company's interest in exploration and evaluation assets consisted of three active copper-gold projects on two properties, namely the Farellon and Perth Projects, both located on the Carrizal Property, and the Mateo Project, located on the Mateo Property. It operates in Chile and Canada.