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Aqua MetalsAQMS +5.75%21 Equity-to-Asset is 0.76 as of Jun. 2026, which is 1% above its 10-year median of 0.75. GuruFocus rates AQMS with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 245 Waste Management companies, Aqua Metals ranks better than 86.94% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Aqua Metals's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $9.53 Mil. Aqua Metals's Total Assets for the quarter that ended in Jun. 2026 was $12.62 Mil.
The historical rank and industry rank for Aqua Metals's Equity-to-Asset or its related term are showing as below:
AQMS'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.53 Med: 0.75 Max: 0.9
Current: 0.76
During the past 12 years, the highest Equity to Asset Ratio of Aqua Metals was 0.90. The lowest was 0.53. And the median was 0.75.
AQMS's Equity-to-Asset is ranked better than 86.94% of 245
companies
in the Waste Management industry
Industry Median: 0.46
vs AQMS: 0.76
Aqua Metals (NAS:AQMS) 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%.
Aqua Metals Equity-to-Asset Related Terms
Aqua Metals Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Aqua Metals'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.
AQMS vs AWX, OCLN, DXST: Equity-to-Asset Comparison
For the Waste Management subindustry, Aqua Metals'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.
Aqua Metals Equity-to-Asset vs Waste Management Industry
For the Waste Management industry and Industrials sector, Aqua Metals's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Aqua Metals'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.
Aqua Metals'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.
Aqua Metals (AQMS) has a Equity-to-Asset of 0.76 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Aqua Metals and its competitors. This is near median its historical median of 0.75. Over the past decade, Aqua Metals' Equity-to-Asset has ranged from 0.53 to 0.90. According to the industry distribution chart, Aqua Metals ranks #32 out of 245 companies in the Waste Management industry, placing it in the top 13.1%.
Is Aqua Metals' Equity-to-Asset too high?
Aqua Metals' current Equity-to-Asset of 0.76 is near median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.53 to a high of 0.90. The Waste Management industry median Equity-to-Asset is 0.46. Aqua Metals' value of 0.76 is 65.2% above this industry median. Based on the distribution chart, Aqua Metals ranks #32 out of 245 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, Aqua Metals has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Aqua Metals' Equity-to-Asset compare to AWX and OCLN?
According to the Waste Management industry distribution chart, Aqua Metals ranks #32 out of 245 companies for Equity-to-Asset. This places Aqua Metals in the top 13% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.46. Aqua Metals' value of 0.76 is 65.2% above this benchmark. Historically, Aqua Metals' own Equity-to-Asset has ranged from 0.53 to 0.90 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 0.46, Aqua Metals 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 Waste Management company?
The median Equity-to-Asset among Waste Management companies is 0.46, based on 245 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. Aqua Metals's current Equity-to-Asset of 0.76 is 65.2% 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 Aqua Metals and its competitors. For the Waste Management industry, the median Equity-to-Asset is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aqua Metals's current Equity-to-Asset is 0.76, which is near median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aqua Metals stock overvalued right now?
Aqua Metals (AQMS) has a current Equity-to-Asset of 0.76. The current Equity-to-Asset is 0.76, which is near median its 10-year median of 0.75 and 65.2% above the Waste Management industry median of 0.46. Aqua Metals' overall GF Score™ is 21/100 with 3 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 Aqua Metals (AQMS), the current Equity-to-Asset is 0.76 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.
Aqua Metals Inc is developing and seeking to commercialize proprietary recycling and refining technologies for the recovery of critical minerals and metals. Its patented and patent-pending AquaRefining process is an electro-hydrometallurgical method designed to recover high-purity materials from battery and other metal-bearing feedstocks using a closed-loop system powered by electricity. Its idea is to reduce CAPEX and OPEX costs, reduce emissions, hazardous waste, and reliance on conventional smelting and chemical-intensive refining processes. It has one operating segment: sustainable metals recycling. It focused on the development and commercialization of AquaRefining technology for the clean and efficient recovery of valuable metals from lead-acid and lithium-ion batteries.
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