KGC Debt-to-Equity Ratio Analysis
Higher than 36% of Basic Materials sector peers
Updated 249h ago·SEC filings & market data
Key Takeaway
A debt-to-equity ratio of 0.08x means the company uses $0.08 of debt for every $1 of shareholders' equity, showing very low financial leverage.
Sector Performance
36th percentileKGC
0.08x
Sector Median
0.09x
Sector Avg
0.27x
Deep Analysis
A debt-to-equity ratio of 0.08x means the company uses $0.08 of debt for every $1 of shareholders' equity, showing very low financial leverage.
At 0.08x, the company holds less debt than the Basic Materials sector median of 0.10x, placing it at the 33rd percentile among peers—so roughly two-thirds of sector companies carry more debt. The metric has no trend data: the year-over-year change is N/A, and the quarter-over-quarter change is N/A, with only the current value of 0.08x reported. Because the leverage level is low but the trend is unknown, the investment risk from debt is currently limited, yet there is no directional evidence of improving or deteriorating balance sheet strength. This low ratio reduces default risk and supports stability, but the absence of trend data offers no momentum signal for upside opportunity. The 0.08x level aligns with a neutral stance, as it neither introduces notable financial strain nor creates a distinct advantage over the sector median. Thus, the metric supports the overall NEUTRAL verdict by showing a safe, average-risk debt position without a clear catalyst.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about KGC?
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
How is the Debt-to-Equity Ratio calculated?
Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.
How does KGC's Debt-to-Equity Ratio compare to its sector?
KGC's Debt-to-Equity Ratio of 0.08x compares to a Basic Materials sector median of 0.09x, placing it in the 36th percentile.
Who are KGC's closest peers by Debt-to-Equity Ratio?
The closest Basic Materials peers by Debt-to-Equity Ratio include: RGLD (0.08x), PAAS (0.10x), CDE (0.07x), AG (0.11x), AEM (0.01x).
Learn More About Debt-to-Equity Ratio
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Debt/Equity Ratio: How Much Debt Is Too Much?
The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.
The Formula
Total Debt / Shareholders' Equity
Why It Matters
Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.
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0.08x
Sector Median
0.09x
Sector Avg
0.27x
How KGC's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.