Discovery Alaska (ASX:DAF) Equity-to-Asset: 0.65 (As of Dec. 2025) — 31% Below 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 Discovery Alaska Equity-to-Asset?

Discovery Alaska ASX:DAF +20.00% Equity-to-Asset is 0.65 as of Dec. 2025, which is 31% below its 10-year median of 0.94. The stock has 1 warning sign investors should review. Among 2,665 Metals & Mining companies, Discovery Alaska ranks worse than 62.06% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Discovery Alaska's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$0.19 Mil. Discovery Alaska's Total Assets for the quarter that ended in Dec. 2025 was A$0.29 Mil.

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

ASX:DAF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.65   Med: 0.94   Max: 1.29
Current: 0.65

During the past 13 years, the highest Equity to Asset Ratio of Discovery Alaska was 1.29. The lowest was 0.65. And the median was 0.94.

ASX:DAF's Equity-to-Asset is ranked worse than
62.06% of 2665 companies
in the Metals & Mining industry
Industry Median: 0.8 vs ASX:DAF: 0.65

Discovery Alaska  (ASX:DAF) 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%.


Discovery Alaska Equity-to-Asset Related Terms


Discovery Alaska Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Discovery Alaska'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.

Discovery Alaska Equity-to-Asset Chart

Discovery Alaska Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.97 0.99 1.29 1.08 0.81

Discovery Alaska Semi-Annual Data
Jun16 Dec16 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 Premium Member Only Premium Member Only 0.98 1.08 0.92 0.81 0.65

ASX:DAF vs NEM, AU: Equity-to-Asset Comparison

For the Gold subindustry, Discovery Alaska'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.


Discovery Alaska Equity-to-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Discovery Alaska's Equity-to-Asset distribution charts can be found below:

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



Discovery Alaska 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.

Discovery Alaska'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
=0.314/0.388
=

Discovery Alaska'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
=0.192/0.294
=

* 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 0.65 mean?
Discovery Alaska (ASX:DAF) has a Equity-to-Asset of 0.65 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Discovery Alaska and its competitors. This is 31% below median its historical median of 0.94. Over the past decade, Discovery Alaska's Equity-to-Asset has ranged from 0.65 to 1.29. According to the industry distribution chart, Discovery Alaska ranks #1654 out of 2665 companies in the Metals & Mining industry, placing it in the top 62.1%.
Is Discovery Alaska's Equity-to-Asset too high?
Discovery Alaska's current Equity-to-Asset of 0.65 is 31% below median its 10-year median of 0.94. Over the past 10 years, this metric has ranged from a low of 0.65 to a high of 1.29. The Metals & Mining industry median Equity-to-Asset is 0.80. Discovery Alaska's value of 0.65 is 18.8% below this industry median. Based on the distribution chart, Discovery Alaska ranks #1654 out of 2665 companies in the Metals & Mining industry, which is below the industry midpoint.
How does Discovery Alaska's Equity-to-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Discovery Alaska ranks #1654 out of 2665 companies for Equity-to-Asset. This places Discovery Alaska in the lower half of its industry. The industry median Equity-to-Asset is 0.80. Discovery Alaska's value of 0.65 is 18.8% below this benchmark. Historically, Discovery Alaska's own Equity-to-Asset has ranged from 0.65 to 1.29 over the past decade. While the company's 10-year median is 0.94 vs. the industry median of 0.80, Discovery Alaska 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 Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,665 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. Discovery Alaska's current Equity-to-Asset of 0.65 is 18.8% 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 Discovery Alaska and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Discovery Alaska's current Equity-to-Asset is 0.65, which is 31% below median its own 10-year median of 0.94. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Discovery Alaska stock overvalued right now?
Discovery Alaska (ASX:DAF) has a current Equity-to-Asset of 0.65. The current Equity-to-Asset is 0.65, which is 31% below median its 10-year median of 0.94 and 18.8% below the Metals & Mining industry median of 0.80. 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 Discovery Alaska (ASX:DAF), the current Equity-to-Asset is 0.65 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.

Discovery Alaska Business Description

Address 18 Sangiorgio Court, Osborne Park, Perth, WA, AUS, 6017
Discovery Alaska Ltd is an Australian-based company engaged in the development of exploration projects for Gold in Western Australia. Its projects include the WA Gold Projects. The firm has two reporting segments: exploration for mineral commodities and gold interests in Alaska, USA. The mineral commodity segment of the firm includes an interest in the Chulitna Project and Vinasale Gold Project.