Butn (ASX:BTN) Equity-to-Asset: 0.12 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Butn Equity-to-Asset?

Butn ASX:BTN Equity-to-Asset is 0.12 as of Jun. 2026, which is 9% above its 10-year median of 0.11. The stock has 8 warning signs investors should review. Among 547 Credit Services companies, Butn ranks worse than 85.56% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Butn's Total Stockholders Equity for the quarter that ended in Jun. 2026 was A$11.46 Mil. Butn's Total Assets for the quarter that ended in Jun. 2026 was A$99.60 Mil. Therefore, Butn's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.12.

The historical rank and industry rank for Butn's Equity-to-Asset or its related term are showing as below:

ASX:BTN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.11   Max: 0.23
Current: 0.12

During the past 6 years, the highest Equity to Asset Ratio of Butn was 0.23. The lowest was 0.07. And the median was 0.11.

ASX:BTN's Equity-to-Asset is ranked worse than
85.56% of 547 companies
in the Credit Services industry
Industry Median: 0.4 vs ASX:BTN: 0.12

Butn  (ASX:BTN) 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%.


Butn Equity-to-Asset Related Terms


Butn Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Butn'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.

Butn Equity-to-Asset Chart

Butn Annual Data
Trend Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Equity-to-Asset
Get a 7-Day Free Trial 0.23 0.16 0.09 0.11 0.12

Butn Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.09 0.09 0.11 0.13 0.12

ASX:BTN vs V, MA, AXP: Equity-to-Asset Comparison

For the Credit Services subindustry, Butn'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.


Butn Equity-to-Asset vs Credit Services Industry

For the Credit Services industry and Financial Services sector, Butn's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Butn's Equity-to-Asset falls into.



Butn 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.

Butn's Equity to Asset Ratio for the fiscal year that ended in Jun. 2026 is calculated as

Equity to Asset (A: Jun. 2026 )=Total Stockholders Equity/Total Assets
=11.456/99.603
=0.12

Butn's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=11.456/99.603
=0.12

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.12 mean?
Butn (ASX:BTN) has a Equity-to-Asset of 0.12 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Butn and its competitors. This is near median its historical median of 0.11. Over the past decade, Butn's Equity-to-Asset has ranged from 0.07 to 0.23. According to the industry distribution chart, Butn ranks #468 out of 547 companies in the Credit Services industry, placing it in the top 85.6%.
Is Butn's Equity-to-Asset too high?
Butn's current Equity-to-Asset of 0.12 is near median its 10-year median of 0.11. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.23. The Credit Services industry median Equity-to-Asset is 0.40. Butn's value of 0.12 is 70% below this industry median. Based on the distribution chart, Butn ranks #468 out of 547 companies in the Credit Services industry, which is in the bottom quartile relative to peers.
How does Butn's Equity-to-Asset compare to V and MA?
According to the Credit Services industry distribution chart, Butn ranks #468 out of 547 companies for Equity-to-Asset. This places Butn in the lower half of its industry. The industry median Equity-to-Asset is 0.40. Butn's value of 0.12 is 70% below this benchmark. Historically, Butn's own Equity-to-Asset has ranged from 0.07 to 0.23 over the past decade. While the company's 10-year median is 0.11 vs. the industry median of 0.40, Butn 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 Credit Services company?
The median Equity-to-Asset among Credit Services companies is 0.40, based on 547 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. Butn's current Equity-to-Asset of 0.12 is 70% 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 Butn and its competitors. For the Credit Services industry, the median Equity-to-Asset is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Butn's current Equity-to-Asset is 0.12, which is near median its own 10-year median of 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Butn stock overvalued right now?
Based on GuruFocus' analysis, Butn (ASX:BTN) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.04, compared to a current price of A$0.01 — trading 72.5% below its estimated fair value. The current Equity-to-Asset is 0.12, which is near median its 10-year median of 0.11 and 70% below the Credit Services industry median of 0.40. 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 Butn (ASX:BTN), the current Equity-to-Asset is 0.12 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.

Butn Business Description

Address 229 Balaclava Road, Suite 12, Caulfield North, Melbourne, VIC, AUS, 3161
Butn Ltd is a B2B funder innovating the way SMEs fund and grow their businesses. It focuses on transactional funding helping businesses through their working capital constraints by financing individual transactions, leveraging end debtor's credit. The company earns revenue by charging a fixed funding fee on each transaction funded. The company has one operating segment, namely transactional funding.