Bhagwan Marine (ASX:BWN) Equity-to-Asset: 0.60 (As of Dec. 2025) — Near Median

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ASX:BWN Bhagwan Marine Ltd ASX:BWN
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What is Bhagwan Marine Equity-to-Asset?

Bhagwan Marine ASX:BWN -1.79% 14 Equity-to-Asset is 0.60 as of Dec. 2025, which is at its 10-year median of 0.60. GuruFocus rates ASX:BWN with a GF Score™ of 14/100. The stock has 4 warning signs investors should review. Among 1,010 Transportation companies, Bhagwan Marine ranks better than 67.23% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Bhagwan Marine's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$169.8 Mil. Bhagwan Marine's Total Assets for the quarter that ended in Dec. 2025 was A$281.8 Mil. Therefore, Bhagwan Marine's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.60.

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

ASX:BWN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.31   Med: 0.6   Max: 0.67
Current: 0.6

During the past 4 years, the highest Equity to Asset Ratio of Bhagwan Marine was 0.67. The lowest was 0.31. And the median was 0.60.

ASX:BWN's Equity-to-Asset is ranked better than
67.23% of 1010 companies
in the Transportation industry
Industry Median: 0.5 vs ASX:BWN: 0.60

Bhagwan Marine  (ASX:BWN) 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%.


Bhagwan Marine Equity-to-Asset Related Terms


Bhagwan Marine Equity-to-Asset Historical Data

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The historical data trend for Bhagwan Marine'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.

Bhagwan Marine Equity-to-Asset Chart

Bhagwan Marine Annual Data
Trend Jun22 Jun23 Jun24 Jun25
Equity-to-Asset
0.00 0.00 0.31 0.60

Bhagwan Marine Semi-Annual Data
Jun22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Equity-to-Asset Get a 7-Day Free Trial 0.67 0.31 0.67 0.60 0.60

Bhagwan Marine Equity-to-Asset Competitor Comparison

For the Marine Shipping subindustry, Bhagwan Marine'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.


Bhagwan Marine Equity-to-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Bhagwan Marine's Equity-to-Asset distribution charts can be found below:

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


ASX:BWN
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Bhagwan Marine Ltd ASX:BWN
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Bhagwan Marine 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.

Bhagwan Marine's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Equity to Asset (A: Jun. 2025 )=Total Stockholders Equity/Total Assets
=167.808/281.791
=0.60

Bhagwan Marine's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=169.818/281.843
=0.60

* 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 0.60 mean?
Bhagwan Marine (ASX:BWN) has a Equity-to-Asset of 0.60 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Bhagwan Marine and its competitors. This is near median its historical median of 0.60. Over the past decade, Bhagwan Marine's Equity-to-Asset has ranged from 0.31 to 0.67. According to the industry distribution chart, Bhagwan Marine ranks #331 out of 1010 companies in the Transportation industry, placing it in the top 32.8%.
Is Bhagwan Marine's Equity-to-Asset too high?
Bhagwan Marine's current Equity-to-Asset of 0.60 is near median its 10-year median of 0.60. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 0.67. The Transportation industry median Equity-to-Asset is 0.50. Bhagwan Marine's value of 0.60 is 20% above this industry median. Based on the distribution chart, Bhagwan Marine ranks #331 out of 1010 companies in the Transportation industry, which is above the industry midpoint. Overall, Bhagwan Marine has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Bhagwan Marine's Equity-to-Asset compare to competitors?
According to the Transportation industry distribution chart, Bhagwan Marine ranks #331 out of 1010 companies for Equity-to-Asset. This puts Bhagwan Marine in the upper half of its industry. The industry median Equity-to-Asset is 0.50. Bhagwan Marine's value of 0.60 is 20% above this benchmark. Historically, Bhagwan Marine's own Equity-to-Asset has ranged from 0.31 to 0.67 over the past decade. While the company's 10-year median is 0.60 vs. the industry median of 0.50, Bhagwan Marine 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 Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,010 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. Bhagwan Marine's current Equity-to-Asset of 0.60 is 20% 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 Bhagwan Marine and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bhagwan Marine's current Equity-to-Asset is 0.60, which is near median its own 10-year median of 0.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bhagwan Marine stock overvalued right now?
Bhagwan Marine (ASX:BWN) has a current Equity-to-Asset of 0.60. The current Equity-to-Asset is 0.60, which is near median its 10-year median of 0.60 and 20% above the Transportation industry median of 0.50. Bhagwan Marine's overall GF Score™ is 14/100 with 4 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 Bhagwan Marine (ASX:BWN), the current Equity-to-Asset is 0.60 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.

Bhagwan Marine Business Description

Address 251 St Georges Terrace, Level 3, Perth, WA, AUS, 6000
Bhagwan Marine Ltd is a marine vessel operator and service provider. It is engaged in operating a diverse range of vessels providing marine solutions across the offshore energy, subsea, ports and inshore, and defence sectors. The group has a diverse fleet of purpose-built charter vessels and marine assets available for hire, including ASD harbour tugs, coastal towage tugs, anchor handling tug supply, multicats, dive support vessels, landing craft, crew transfer vessels, and utility vessels, among others. In addition, it provides various marine services such as ROV support, coastal freight, transshipping, vessel line handling, general underwater construction, oil field support services, etc. Geographically, the group derives a majority of its revenue from Australia.
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