Rivco Australia (ASX:D2O) Equity-to-Asset: 0.89 (As of Dec. 2025) — 51% Above Median

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ASX:D2O Rivco Australia Ltd ASX:D2O
10 GF Score
Price A$1.53
GF Value A$1.24
! 2 Warning Signs
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What is Rivco Australia Equity-to-Asset?

Rivco Australia ASX:D2O 10 Equity-to-Asset is 0.89 as of Dec. 2025, which is 51% above its 10-year median of 0.59. GuruFocus rates ASX:D2O with a GF Score™ of 10/100 and a GF Value™ of A$1.24. The stock has 2 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rivco Australia's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$209.89 Mil. Rivco Australia's Total Assets for the quarter that ended in Dec. 2025 was A$234.94 Mil. Therefore, Rivco Australia's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.89.

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

ASX:D2O' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52   Med: 0.59   Max: 0.96
Current: 0.89

During the past 9 years, the highest Equity to Asset Ratio of Rivco Australia was 0.96. The lowest was 0.52. And the median was 0.59.

ASX:D2O's Equity-to-Asset is not ranked
in the Utilities - Regulated industry.
Industry Median: 0.36 vs ASX:D2O: 0.89

Rivco Australia  (ASX:D2O) 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%.


Rivco Australia Equity-to-Asset Related Terms


Rivco Australia Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Rivco Australia'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.

Rivco Australia Equity-to-Asset Chart

Rivco Australia Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only 0.57 0.52 0.59 0.63 0.89

Rivco Australia Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.59 0.65 0.63 0.91 0.89

ASX:D2O vs AWK, WTRG, AWR: Equity-to-Asset Comparison

For the Utilities - Regulated Water subindustry, Rivco Australia'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.


Rivco Australia Equity-to-Asset vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Rivco Australia's Equity-to-Asset distribution charts can be found below:

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


ASX:D2O
10GF Score
Rivco Australia Ltd ASX:D2O
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Rivco Australia 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.

Rivco Australia's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=209.885/234.942
=0.89

Rivco Australia'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
=209.885/234.942
=0.89

* 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 0.89 mean?
Rivco Australia (ASX:D2O) has a Equity-to-Asset of 0.89 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Rivco Australia and its competitors. This is 51% above median its historical median of 0.59. Over the past decade, Rivco Australia's Equity-to-Asset has ranged from 0.52 to 0.96.
Is Rivco Australia's Equity-to-Asset too high?
Rivco Australia's current Equity-to-Asset of 0.89 is 51% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 0.96. The Utilities - Regulated industry median Equity-to-Asset is 0.36. Rivco Australia's value of 0.89 is 147.2% above this industry median. Overall, Rivco Australia has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Rivco Australia's Equity-to-Asset compare to AWK and WTRG?
Rivco Australia's Equity-to-Asset of 0.89 can be compared against companies in the Utilities - Regulated industry. The industry median Equity-to-Asset is 0.36. Rivco Australia's value of 0.89 is 147.2% above this benchmark. Historically, Rivco Australia's own Equity-to-Asset has ranged from 0.52 to 0.96 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.36, Rivco Australia 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 an Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 507 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. Rivco Australia's current Equity-to-Asset of 0.89 is 147.2% 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 Rivco Australia 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. Rivco Australia's current Equity-to-Asset is 0.89, which is 51% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rivco Australia stock overvalued right now?
Rivco Australia (ASX:D2O) has a current Equity-to-Asset of 0.89. The stock's GF Value™ is A$1.24, compared to a current price of A$1.53 — trading 23.4% above its estimated fair value. The current Equity-to-Asset is 0.89, which is 51% above median its 10-year median of 0.59 and 147.2% above the Utilities - Regulated industry median of 0.36. Rivco Australia's overall GF Score™ is 10/100 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 Rivco Australia (ASX:D2O), the current Equity-to-Asset is 0.89 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 Rivco Australia (ASX:D2O) Overvalued in 2026?

Based on GuruFocus' analysis, Rivco Australia stock appears to be overvalued. The current stock price of A$1.53 is trading 23.4% above its estimated GF Value™ of A$1.24.

Key valuation signals for ASX:D2O:

  • Equity-to-Asset: 0.89 (51% above median its 10-year median of 0.59)
  • GF Value™: A$1.24 vs. price of A$1.53 (23.4% above fair value)
  • GF Score™: 10/100 with 2 warning signs
  • Industry Position: 147.2% above the Utilities - Regulated median

No single metric tells the full story. See the ASX:D2O stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Rivco Australia Business Description

Address 5-7 King William Road, Suite 1B, Unley, SA, AUS, 5061
Rivco Australia Ltd provides investors with a direct and pure exposure to Australian water markets. Rivco's primary business activity is to build a diversified portfolio of water entitlements, and through active management, generate a return by offering a range of water supply products to Australian water users. The company are partners with irrigators across the Murray-Darling Basin to deliver reliable water supply solutions. It's products help growers manage seasonal variability and allow planning decisions based on their portfolio.
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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$1.53
Price
A$1.24
GF Value