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Almonty IndustriesASX:AII +4.83%54 Equity-to-Asset is 0.59 as of Mar. 2026, which is 168% above its 10-year median of 0.22. GuruFocus rates ASX:AII with a GF Score™ of 54/100 and a GF Value™ of A$1.56 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,670 Metals & Mining companies, Almonty Industries ranks worse than 66.07% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Almonty Industries's Total Stockholders Equity for the quarter that ended in Mar. 2026 was A$370.64 Mil. Almonty Industries's Total Assets for the quarter that ended in Mar. 2026 was A$629.02 Mil.
Therefore, Almonty Industries's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.59.
The historical rank and industry rank for Almonty Industries's Equity-to-Asset or its related term are showing as below:
ASX:AII'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03 Med: 0.22 Max: 0.61
Current: 0.59
During the past 13 years, the highest Equity to Asset Ratio of Almonty Industries was 0.61. The lowest was 0.03. And the median was 0.22.
ASX:AII's Equity-to-Asset is ranked worse than 66.07% of 2670
companies
in the Metals & Mining industry
Industry Median: 0.79
vs ASX:AII: 0.59
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%.
Almonty Industries Equity-to-Asset Related Terms
Almonty Industries Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Almonty Industries'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 Other Industrial Metals & Mining subindustry, Almonty Industries'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.
Almonty Industries Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Almonty Industries's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Almonty Industries'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.
Almonty Industries'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.
Almonty Industries (ASX:AII) has a Equity-to-Asset of 0.59 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Almonty Industries and its competitors. This is 168% above median its historical median of 0.22. Over the past decade, Almonty Industries' Equity-to-Asset has ranged from 0.03 to 0.61. According to the industry distribution chart, Almonty Industries ranks #1764 out of 2670 companies in the Metals & Mining industry, placing it in the top 66.1%.
Is Almonty Industries' Equity-to-Asset too high?
Almonty Industries' current Equity-to-Asset of 0.59 is 168% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.61. The Metals & Mining industry median Equity-to-Asset is 0.79. Almonty Industries' value of 0.59 is 25.3% below this industry median. Based on the distribution chart, Almonty Industries ranks #1764 out of 2670 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Almonty Industries has a GF Score™ of 54/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Almonty Industries' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Almonty Industries ranks #1764 out of 2670 companies for Equity-to-Asset. This places Almonty Industries in the lower half of its industry. The industry median Equity-to-Asset is 0.79. Almonty Industries' value of 0.59 is 25.3% below this benchmark. Historically, Almonty Industries' own Equity-to-Asset has ranged from 0.03 to 0.61 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.79, Almonty Industries has consistently been below 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 0.79, based on 2,670 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. Almonty Industries's current Equity-to-Asset of 0.59 is 25.3% below 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 Almonty Industries and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Almonty Industries's current Equity-to-Asset is 0.59, which is 168% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Almonty Industries stock overvalued right now?
Based on GuruFocus' analysis, Almonty Industries (ASX:AII) is currently considered Significantly Overvalued. The stock's GF Value™ is A$1.56, compared to a current price of A$16.27 — trading 942.9% above its estimated fair value. The current Equity-to-Asset is 0.59, which is 168% above median its 10-year median of 0.22 and 25.3% below the Metals & Mining industry median of 0.79. Almonty Industries' overall GF Score™ is 54/100 with 5 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 Almonty Industries (ASX:AII), the current Equity-to-Asset is 0.59 as of Mar. 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 Almonty Industries (ASX:AII) Overvalued in 2026?
Based on GuruFocus' analysis, Almonty Industries stock appears to be overvalued.
The current stock price of A$16.27 is trading 942.9% above its estimated GF Value™ of A$1.56.
GuruFocus considers Almonty Industries to be Significantly Overvalued.
Key valuation signals for ASX:AII:
Equity-to-Asset: 0.59 (168% above median its 10-year median of 0.22)
GF Value™: A$1.56 vs. price of A$16.27 (942.9% above fair value)
Industry Position: 25.3% below the Metals & Mining median (#1764 of 2670)
No single metric tells the full story. See the ASX:AII stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Almonty Industries Inc is engaged in the development of the Sangdong Mine in South Korea, and the Company is currently mining, processing, and shipping tungsten concentrate from the Panasqueira tin and tungsten mine in Covilha, Castelo Branco, Portugal (Panasqueira Mine). Additionally, the Company is evaluating its molybdenum project with inferred mineral resources on a separate property adjacent to the tungsten orebody at the Sangdong Mine, its Valtreixal tin and tungsten mine project located in Western Spain in the province of Zamora (Valtreixal Mine), and the newly-acquired Gentung Browns Lake tungsten project located in Montana, USA (Gentung-Browns Lake Project). The company has two geographical locations: the Iberian Peninsula (Spain and Portugal) and the Republic of Korea.
54GF Score
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