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Visible Gold MinesTSXV:VGD +3.45%38 Equity-to-Asset is 0.96 as of Jan. 2026, which is 2% above its 10-year median of 0.94. GuruFocus rates TSXV:VGD with a GF Score™ of 38/100. Among 2,672 Metals & Mining companies, Visible Gold Mines ranks better than 82.67% on this metric.
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%.
Visible Gold Mines Equity-to-Asset Related Terms
Visible Gold Mines Equity-to-Asset Historical Data
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The historical data trend for Visible Gold Mines'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, Visible Gold Mines'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.
Visible Gold Mines Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Visible Gold Mines's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Visible Gold Mines'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.
Visible Gold Mines'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.
Visible Gold Mines (TSXV:VGD) has a Equity-to-Asset of 0.96 as of Jan. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Visible Gold Mines and its competitors. This is near median its historical median of 0.94. According to the industry distribution chart, Visible Gold Mines ranks #463 out of 2672 companies in the Metals & Mining industry, placing it in the top 17.3%.
Is Visible Gold Mines' Equity-to-Asset too high?
Visible Gold Mines' current Equity-to-Asset of 0.96 is near median its 10-year median of 0.94. The Metals & Mining industry median Equity-to-Asset is 0.80. Visible Gold Mines' value of 0.96 is 20% above this industry median. Based on the distribution chart, Visible Gold Mines ranks #463 out of 2672 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Visible Gold Mines has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Visible Gold Mines' Equity-to-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Visible Gold Mines ranks #463 out of 2672 companies for Equity-to-Asset. This places Visible Gold Mines in the top 17% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.80. Visible Gold Mines' value of 0.96 is 20% above this benchmark. While the company's 10-year median is 0.94 vs. the industry median of 0.80, Visible Gold Mines 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 2,672 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. Visible Gold Mines's current Equity-to-Asset of 0.96 is 20% 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 Visible Gold Mines 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. Visible Gold Mines's current Equity-to-Asset is 0.96, which is near median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visible Gold Mines stock overvalued right now?
Visible Gold Mines (TSXV:VGD) has a current Equity-to-Asset of 0.96. The current Equity-to-Asset is 0.96, which is near median its 10-year median of 0.94 and 20% above the Metals & Mining industry median of 0.80. Visible Gold Mines' overall GF Score™ is 38/100. 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 Visible Gold Mines (TSXV:VGD), the current Equity-to-Asset is 0.96 as of Jan. 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.
Visible Gold Mines Inc is engaged in the acquisition and exploration of mineral properties with prospects for hosting gold mineral deposits in Canada. The company has a single reporting segment, being the exploration and evaluation of mineral resources. Its projects include the Cadillac Break, Lucky Break, Silidor, Stadacona, Wasa Creek, and Wasa East projects, and a minority interest in the Capricorn project, all located along the Cadillac-Larder Lake near the town of Rouyn-Noranda in the province of Quebec, Canada. Its Lithium James Bay projects include Megali, Carli, and Natali.
38GF Score
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