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ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Equity-to-Asset Explanation
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%.
ADNOC Drilling Company PJSC Equity-to-Asset Related Terms
ADNOC Drilling Company PJSC Equity-to-Asset Historical Data
* 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.
ADX:ADNOCDRILL vs NE, RIG, VAL: Equity-to-Asset Comparison
For the Oil & Gas Drilling subindustry, ADNOC Drilling Company PJSC'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.
ADNOC Drilling Company PJSC Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, ADNOC Drilling Company PJSC's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where ADNOC Drilling Company PJSC's Equity-to-Asset falls into.
ADNOC Drilling Company PJSC Equity-to-Asset Calculation
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.
ADNOC Drilling Company PJSC'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.
ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) has a Equity-to-Asset of 0.50 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on ADNOC Drilling Company PJSC and its competitors. This is near median its historical median of 0.52. Over the past decade, ADNOC Drilling Company PJSC's Equity-to-Asset has ranged from 0.46 to 0.62. According to the industry distribution chart, ADNOC Drilling Company PJSC ranks #519 out of 1029 companies in the Oil & Gas industry, placing it in the top 50.4%.
Is ADNOC Drilling Company PJSC's Equity-to-Asset too high?
ADNOC Drilling Company PJSC's current Equity-to-Asset of 0.50 is near median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.62. The Oil & Gas industry median Equity-to-Asset is 0.50. ADNOC Drilling Company PJSC's value of 0.50 is 0% at this industry median. Based on the distribution chart, ADNOC Drilling Company PJSC ranks #519 out of 1029 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, ADNOC Drilling Company PJSC has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ADNOC Drilling Company PJSC's Equity-to-Asset compare to NE and RIG?
According to the Oil & Gas industry distribution chart, ADNOC Drilling Company PJSC ranks #519 out of 1029 companies for Equity-to-Asset. This places ADNOC Drilling Company PJSC in the lower half of its industry. The industry median Equity-to-Asset is 0.50. ADNOC Drilling Company PJSC's value of 0.50 is 0% at this benchmark. Historically, ADNOC Drilling Company PJSC's own Equity-to-Asset has ranged from 0.46 to 0.62 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.50, ADNOC Drilling Company PJSC has consistently been at 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 an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.50, based on 1,029 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. ADNOC Drilling Company PJSC's current Equity-to-Asset of 0.50 is 0% at 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 ADNOC Drilling Company PJSC and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ADNOC Drilling Company PJSC's current Equity-to-Asset is 0.50, which is near median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ADNOC Drilling Company PJSC stock overvalued right now?
Based on GuruFocus' analysis, ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) is currently considered Modestly Undervalued. The stock's GF Value™ is د.إ6.40, compared to a current price of د.إ5.67 — trading 11.4% below its estimated fair value. The current Equity-to-Asset is 0.50, which is near median its 10-year median of 0.52 and 0% at the Oil & Gas industry median of 0.50. ADNOC Drilling Company PJSC's overall GF Score™ is 92/100 with 6 warning signs 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 ADNOC Drilling Company PJSC (ADX:ADNOCDRILL), the current Equity-to-Asset is 0.50 as of Jun. 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.
Is ADNOC Drilling Company PJSC (ADX:ADNOCDRILL) Overvalued in 2026?
Based on GuruFocus' analysis, ADNOC Drilling Company PJSC stock appears to be undervalued.
The current stock price of د.إ5.67 is trading 11.4% below its estimated GF Value™ of د.إ6.40.
GuruFocus considers ADNOC Drilling Company PJSC to be Modestly Undervalued.
Key valuation signals for ADX:ADNOCDRILL:
Equity-to-Asset: 0.50 (near median its 10-year median of 0.52)
GF Value™: د.إ6.40 vs. price of د.إ5.67 (11.4% below fair value)
Industry Position: 0% at the Oil & Gas median (#519 of 1029)
No single metric tells the full story. See the ADX:ADNOCDRILL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ADNOC Drilling Company PJSC is engaged in providing drilling services and supporting marine equipment, and the hiring out of onshore and offshore drilling rigs on behalf of related parties involved in onshore and offshore oil and gas exploration. The operating business segments are Onshore, Offshore, and OilField Services, with maximum revenue from the Onshore segment.
92GF Score
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