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APA GroupASX:APA -0.90%71 Equity-to-Asset is 0.15 as of Dec. 2025, which is 12% below its 10-year median of 0.17. GuruFocus rates ASX:APA with a GF Score™ of 71/100 and a GF Value™ of A$8.36 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 508 Utilities - Regulated companies, APA Group ranks worse than 93.5% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. APA Group's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$2,772 Mil. APA Group's Total Assets for the quarter that ended in Dec. 2025 was A$19,162 Mil.
Therefore, APA Group's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.15.
The historical rank and industry rank for APA Group's Equity-to-Asset or its related term are showing as below:
ASX:APA'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.09 Med: 0.17 Max: 0.27
Current: 0.15
During the past 13 years, the highest Equity to Asset Ratio of APA Group was 0.27. The lowest was 0.09. And the median was 0.17.
ASX:APA's Equity-to-Asset is ranked worse than 93.5% of 508
companies
in the Utilities - Regulated industry
Industry Median: 0.36
vs ASX:APA: 0.15
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%.
APA Group Equity-to-Asset Related Terms
APA Group Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for APA Group'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.
ASX:APA vs ATO, NI, UGI: Equity-to-Asset Comparison
For the Utilities - Regulated Gas subindustry, APA Group'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.
APA Group Equity-to-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, APA Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where APA Group'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.
APA Group's Equity to Asset Ratio for the fiscal year that ended in Jun. 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.
APA Group (ASX:APA) has a Equity-to-Asset of 0.15 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on APA Group and its competitors. This is 12% below median its historical median of 0.17. Over the past decade, APA Group's Equity-to-Asset has ranged from 0.09 to 0.27. According to the industry distribution chart, APA Group ranks #475 out of 508 companies in the Utilities - Regulated industry, placing it in the top 93.5%.
Is APA Group's Equity-to-Asset too high?
APA Group's current Equity-to-Asset of 0.15 is 12% below median its 10-year median of 0.17. Over the past 10 years, this metric has ranged from a low of 0.09 to a high of 0.27. The Utilities - Regulated industry median Equity-to-Asset is 0.36. APA Group's value of 0.15 is 58.3% below this industry median. Based on the distribution chart, APA Group ranks #475 out of 508 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, APA Group has a GF Score™ of 71/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does APA Group's Equity-to-Asset compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, APA Group ranks #475 out of 508 companies for Equity-to-Asset. This places APA Group in the lower half of its industry. The industry median Equity-to-Asset is 0.36. APA Group's value of 0.15 is 58.3% below this benchmark. Historically, APA Group's own Equity-to-Asset has ranged from 0.09 to 0.27 over the past decade. While the company's 10-year median is 0.17 vs. the industry median of 0.36, APA Group 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 an Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 508 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. APA Group's current Equity-to-Asset of 0.15 is 58.3% 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 APA Group and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. APA Group's current Equity-to-Asset is 0.15, which is 12% below median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is APA Group stock overvalued right now?
Based on GuruFocus' analysis, APA Group (ASX:APA) is currently considered Modestly Overvalued. The stock's GF Value™ is A$8.36, compared to a current price of A$9.91 — trading 18.5% above its estimated fair value. The current Equity-to-Asset is 0.15, which is 12% below median its 10-year median of 0.17 and 58.3% below the Utilities - Regulated industry median of 0.36. APA Group's overall GF Score™ is 71/100 with 13 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 APA Group (ASX:APA), the current Equity-to-Asset is 0.15 as of Dec. 2025. 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 APA Group (ASX:APA) Overvalued in 2026?
Based on GuruFocus' analysis, APA Group stock appears to be overvalued.
The current stock price of A$9.91 is trading 18.5% above its estimated GF Value™ of A$8.36.
GuruFocus considers APA Group to be Modestly Overvalued.
Key valuation signals for ASX:APA:
Equity-to-Asset: 0.15 (12% below median its 10-year median of 0.17)
GF Value™: A$8.36 vs. price of A$9.91 (18.5% above fair value)
Industry Position: 58.3% below the Utilities - Regulated median (#475 of 508)
No single metric tells the full story. See the ASX:APA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
APA Group is Australia's largest gas infrastructure company with an extensive portfolio of transmission pipelines, distribution networks, and storage facilities, and is increasingly investing in renewable energy generation, electricity transmission, and batteries. It is internally managed and has direct operational control over all assets. It owns minority stakes in a few smaller gas infrastructure companies and manages operations for most of these. The stapled securities comprise a unit in Australian Pipeline Trust and in APT Investment Trust.
71GF Score
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