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Freedom GoldSPODF 30 Equity-to-Asset is -0.42 as of Apr. 2026. GuruFocus rates SPODF with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 2,672 Metals & Mining companies, Freedom Gold ranks worse than 91.77% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Freedom Gold's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $-0.15 Mil. Freedom Gold's Total Assets for the quarter that ended in Apr. 2026 was $0.37 Mil.
The historical rank and industry rank for Freedom Gold's Equity-to-Asset or its related term are showing as below:
SPODF'
s Equity-to-Asset Range Over the Past 10 Years
Min: -2.69 Med: 0.87 Max: 1
Current: -0.42
During the past 7 years, the highest Equity to Asset Ratio of Freedom Gold was 1.00. The lowest was -2.69. And the median was 0.87.
SPODF's Equity-to-Asset is ranked worse than 91.77% of 2672
companies
in the Metals & Mining industry
Industry Median: 0.8
vs SPODF: -0.42
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%.
Freedom Gold Equity-to-Asset Related Terms
Freedom Gold Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Freedom 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, Freedom 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.
Freedom Gold Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Freedom Gold's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Freedom 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.
Freedom Gold's Equity to Asset Ratio for the fiscal year that ended in Jul. 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.
Freedom Gold (SPODF) has a Equity-to-Asset of -0.42 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Freedom Gold and its competitors. According to the industry distribution chart, Freedom Gold ranks #2452 out of 2672 companies in the Metals & Mining industry, placing it in the top 91.8%.
Is Freedom Gold's Equity-to-Asset too high?
Freedom Gold's current Equity-to-Asset is -0.42. Based on the distribution chart, Freedom Gold ranks #2452 out of 2672 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Freedom Gold has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Freedom Gold's Equity-to-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Freedom Gold ranks #2452 out of 2672 companies for Equity-to-Asset. This places Freedom Gold 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 2,672 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 Freedom 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. Freedom Gold's current Equity-to-Asset is -0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Freedom Gold stock overvalued right now?
Freedom Gold (SPODF) has a current Equity-to-Asset of -0.42. The current Equity-to-Asset is -0.42. Freedom Gold's overall GF Score™ is 30/100 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 Freedom Gold (SPODF), the current Equity-to-Asset is -0.42 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.
Freedom Gold Corp is a exploration and development company focused on unlocking the vast potential of gold resources. It focuses on advancing gold exploration and development opportunities, consistent with prevailing investor interest in the sector.
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