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Majestic GoldTSXV:MJS -5.26% Equity-to-Asset is 0.45 as of Mar. 2026, which is 22% below its 10-year median of 0.58. The stock has 6 warning signs investors should review. Among 2,669 Metals & Mining companies, Majestic Gold ranks worse than 74.86% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Majestic Gold's Total Stockholders Equity for the quarter that ended in Mar. 2026 was C$213.2 Mil. Majestic Gold's Total Assets for the quarter that ended in Mar. 2026 was C$477.7 Mil.
Therefore, Majestic Gold's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.45.
The historical rank and industry rank for Majestic Gold's Equity-to-Asset or its related term are showing as below:
TSXV:MJS'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.42 Med: 0.58 Max: 0.65
Current: 0.45
During the past 13 years, the highest Equity to Asset Ratio of Majestic Gold was 0.65. The lowest was 0.42. And the median was 0.58.
TSXV:MJS's Equity-to-Asset is ranked worse than 74.86% of 2669
companies
in the Metals & Mining industry
Industry Median: 0.8
vs TSXV:MJS: 0.45
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%.
Majestic Gold Equity-to-Asset Related Terms
Majestic Gold Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Majestic 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, Majestic 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.
Majestic Gold Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Majestic Gold's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Majestic 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.
Majestic 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.
Majestic Gold (TSXV:MJS) has a Equity-to-Asset of 0.45 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Majestic Gold and its competitors. This is 22% below median its historical median of 0.58. Over the past decade, Majestic Gold's Equity-to-Asset has ranged from 0.42 to 0.65. According to the industry distribution chart, Majestic Gold ranks #1998 out of 2669 companies in the Metals & Mining industry, placing it in the top 74.9%.
Is Majestic Gold's Equity-to-Asset too high?
Majestic Gold's current Equity-to-Asset of 0.45 is 22% below median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.42 to a high of 0.65. The Metals & Mining industry median Equity-to-Asset is 0.80. Majestic Gold's value of 0.45 is 43.8% below this industry median. Based on the distribution chart, Majestic Gold ranks #1998 out of 2669 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Majestic Gold's Equity-to-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Majestic Gold ranks #1998 out of 2669 companies for Equity-to-Asset. This places Majestic Gold in the lower half of its industry. The industry median Equity-to-Asset is 0.80. Majestic Gold's value of 0.45 is 43.8% below this benchmark. Historically, Majestic Gold's own Equity-to-Asset has ranged from 0.42 to 0.65 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.80, Majestic Gold 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 2,669 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. Majestic Gold's current Equity-to-Asset of 0.45 is 43.8% 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 Majestic 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. Majestic Gold's current Equity-to-Asset is 0.45, which is 22% below median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Majestic Gold stock overvalued right now?
Based on GuruFocus' analysis, Majestic Gold (TSXV:MJS) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.13, compared to a current price of C$0.09 — trading 30.8% below its estimated fair value. The current Equity-to-Asset is 0.45, which is 22% below median its 10-year median of 0.58 and 43.8% below 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 Majestic Gold (TSXV:MJS), the current Equity-to-Asset is 0.45 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.
Majestic Gold Corp is a gold mining company with mining operations in China, as well as exploration and evaluation properties held directly in China and Canada. Its key mineral property interests and mining operations are located in China, comprising the Songjiagou Gold Project, its flagship project, and the Mujin Gold Project. Additionally, it holds interests in the Sunset-Sunrise Mineral Property in Canada. Majestic Gold generates the majority of its revenue through the sales of gold bullion, and to a lesser extent, from the sales of sulfur.
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