EGMLF (Engineer Gold Mines) Liabilities-to-Assets : 0.17 (As of May. 2026)

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What is Engineer Gold Mines Liabilities-to-Assets?

Engineer Gold Mines EGMLF Liabilities-to-Assets is 0.17 as of May. 2026. The stock has 2 warning signs investors should review.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Engineer Gold Mines's Total Liabilities for the quarter that ended in May. 2026 was $0.56 Mil. Engineer Gold Mines's Total Assets for the quarter that ended in May. 2026 was $3.25 Mil. Therefore, Engineer Gold Mines's Liabilities-to-Assets Ratio for the quarter that ended in May. 2026 was 0.17.

Engineer Gold Mines  (OTCPK:EGMLF) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.

Engineer Gold Mines Liabilities-to-Assets Related Terms

Engineer Gold Mines Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Engineer Gold Mines's Liabilities-to-Assets 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.

Engineer Gold Mines Liabilities-to-Assets Chart

Engineer Gold Mines Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Liabilities-to-Assets
Get a 7-Day Free Trial 0.07 0.07 0.09 0.13 0.16

Engineer Gold Mines Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Liabilities-to-Assets 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 0.14 0.14 0.16 0.16 0.17

EGMLF vs NEM, AU: Liabilities-to-Assets Comparison

For the Gold subindustry, Engineer Gold Mines's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.

Engineer Gold Mines Liabilities-to-Assets vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Engineer Gold Mines's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where Engineer Gold Mines's Liabilities-to-Assets falls into.


Engineer Gold Mines Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Engineer Gold Mines's Liabilities-to-Assets Ratio for the fiscal year that ended in Nov. 2025 is calculated as:

Liabilities-to-Assets (A: Nov. 2025 )=Total Liabilities/Total Assets
=0.507/3.201
=0.16

Engineer Gold Mines's Liabilities-to-Assets Ratio for the quarter that ended in May. 2026 is calculated as

Liabilities-to-Assets (Q: May. 2026 )=Total Liabilities/Total Assets
=0.559/3.254
=0.17

* 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 Liabilities-to-Assets →
What does a Liabilities-to-Assets of 0.17 mean?
Engineer Gold Mines (EGMLF) has a Liabilities-to-Assets of 0.17 as of May. 2026. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Engineer Gold Mines and its competitors.
Is Engineer Gold Mines' Liabilities-to-Assets too high?
Engineer Gold Mines' current Liabilities-to-Assets is 0.17.
How does Engineer Gold Mines' Liabilities-to-Assets compare to NEM and AU?
Engineer Gold Mines' Liabilities-to-Assets of 0.17 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for a Metals & Mining company?
A good Liabilities-to-Assets depends on the Metals & Mining industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Engineer Gold Mines and its competitors. Engineer Gold Mines's current Liabilities-to-Assets is 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Engineer Gold Mines stock overvalued right now?
Engineer Gold Mines (EGMLF) has a current Liabilities-to-Assets of 0.17. The current Liabilities-to-Assets is 0.17. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Engineer Gold Mines (EGMLF), the current Liabilities-to-Assets is 0.17 as of May. 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.

Engineer Gold Mines Business Description

Other Exchanges 9EG0:GermanyEAU:Canada
Address 1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Engineer Gold Mines Ltd is an exploration stage junior mining company engaged in the identification, acquisition and exploration of mineral properties. The company's project includes the Engineer Project, located in British Columbia, Canada.