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Bathurst ResourcesASX:BRL 25 Equity-to-Asset is 0.93 as of Dec. 2025, which is 24% above its 10-year median of 0.75. GuruFocus rates ASX:BRL with a GF Score™ of 25/100 and a GF Value™ of A$0.51 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 635 Steel companies, Bathurst Resources ranks better than 96.38% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bathurst Resources's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$306.92 Mil. Bathurst Resources's Total Assets for the quarter that ended in Dec. 2025 was A$329.45 Mil.
Therefore, Bathurst Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.93.
The historical rank and industry rank for Bathurst Resources's Equity-to-Asset or its related term are showing as below:
ASX:BRL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25 Med: 0.75 Max: 0.95
Current: 0.93
During the past 13 years, the highest Equity to Asset Ratio of Bathurst Resources was 0.95. The lowest was 0.25. And the median was 0.75.
ASX:BRL's Equity-to-Asset is ranked better than 96.38% of 635
companies
in the Steel industry
Industry Median: 0.54
vs ASX:BRL: 0.93
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%.
Bathurst Resources Equity-to-Asset Related Terms
Bathurst Resources Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Bathurst Resources'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:BRL vs HCC, AMR, SXC: Equity-to-Asset Comparison
For the Coking Coal subindustry, Bathurst Resources'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.
Bathurst Resources Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Bathurst Resources's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Bathurst Resources'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.
Bathurst Resources'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.
Bathurst Resources (ASX:BRL) has a Equity-to-Asset of 0.93 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Bathurst Resources and its competitors. This is 24% above median its historical median of 0.75. Over the past decade, Bathurst Resources' Equity-to-Asset has ranged from 0.25 to 0.95. According to the industry distribution chart, Bathurst Resources ranks #23 out of 635 companies in the Steel industry, placing it in the top 3.6%.
Is Bathurst Resources' Equity-to-Asset too high?
Bathurst Resources' current Equity-to-Asset of 0.93 is 24% above median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.95. The Steel industry median Equity-to-Asset is 0.54. Bathurst Resources' value of 0.93 is 72.2% above this industry median. Based on the distribution chart, Bathurst Resources ranks #23 out of 635 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Bathurst Resources has a GF Score™ of 25/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Bathurst Resources' Equity-to-Asset compare to HCC and AMR?
According to the Steel industry distribution chart, Bathurst Resources ranks #23 out of 635 companies for Equity-to-Asset. This places Bathurst Resources in the top 4% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.54. Bathurst Resources' value of 0.93 is 72.2% above this benchmark. Historically, Bathurst Resources' own Equity-to-Asset has ranged from 0.25 to 0.95 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 0.54, Bathurst Resources 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 Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 635 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. Bathurst Resources's current Equity-to-Asset of 0.93 is 72.2% 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 Bathurst Resources and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bathurst Resources's current Equity-to-Asset is 0.93, which is 24% above 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 Bathurst Resources stock overvalued right now?
Based on GuruFocus' analysis, Bathurst Resources (ASX:BRL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$0.51, compared to a current price of A$0.44 — trading 14.7% below its estimated fair value. The current Equity-to-Asset is 0.93, which is 24% above median its 10-year median of 0.75 and 72.2% above the Steel industry median of 0.54. Bathurst Resources' overall GF Score™ is 25/100 with 2 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 Bathurst Resources (ASX:BRL), the current Equity-to-Asset is 0.93 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 Bathurst Resources (ASX:BRL) Overvalued in 2026?
Based on GuruFocus' analysis, Bathurst Resources stock appears to be undervalued.
The current stock price of A$0.44 is trading 14.7% below its estimated GF Value™ of A$0.51.
GuruFocus considers Bathurst Resources to be Modestly Undervalued.
Key valuation signals for ASX:BRL:
Equity-to-Asset: 0.93 (24% above median its 10-year median of 0.75)
GF Value™: A$0.51 vs. price of A$0.44 (14.7% below fair value)
Industry Position: 72.2% above the Steel median (#23 of 635)
No single metric tells the full story. See the ASX:BRL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Bathurst Resources Ltd is principally engaged in the exploration, development, and production of coal. The operating business segments of the company are Export, Domestic, and Corporate, with maximum revenue from the export segment. It has three operating mines in the South Island: Canterbury Coal, Stockton, and Takitimu. It also operates Maramarua and Rotowaro in the Waikato region of the North Island. Further, it has two mines the Cascade and Escarpment mines near Westport. It earns maximum from Export segment following domestic segment.
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