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Golden Mile ResourcesASX:G88 Equity-to-Asset is 0.86 as of Dec. 2025, which is 9% below its 10-year median of 0.95. The stock has 2 warning signs investors should review. Among 2,672 Metals & Mining companies, Golden Mile Resources ranks better than 58.01% on this metric.
Golden Mile Resources (ASX:G88) 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%.
Golden Mile Resources Equity-to-Asset Related Terms
Golden Mile Resources Equity-to-Asset Historical Data
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The historical data trend for Golden Mile 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.
Golden Mile Resources Equity-to-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Golden Mile 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.
Golden Mile Resources Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Golden Mile Resources's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Golden Mile 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.
Golden Mile 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.
Golden Mile Resources (ASX:G88) has a Equity-to-Asset of 0.86 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Golden Mile Resources and its competitors. This is near median its historical median of 0.95. Over the past decade, Golden Mile Resources' Equity-to-Asset has ranged from 0.86 to 0.99. According to the industry distribution chart, Golden Mile Resources ranks #1122 out of 2672 companies in the Metals & Mining industry, placing it in the top 42%.
Is Golden Mile Resources' Equity-to-Asset too high?
Golden Mile Resources' current Equity-to-Asset of 0.86 is near median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.86 to a high of 0.99. The Metals & Mining industry median Equity-to-Asset is 0.80. Golden Mile Resources' value of 0.86 is 7.5% above this industry median. Based on the distribution chart, Golden Mile Resources ranks #1122 out of 2672 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Golden Mile Resources' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Golden Mile Resources ranks #1122 out of 2672 companies for Equity-to-Asset. This puts Golden Mile Resources in the upper half of its industry. The industry median Equity-to-Asset is 0.80. Golden Mile Resources' value of 0.86 is 7.5% above this benchmark. Historically, Golden Mile Resources' own Equity-to-Asset has ranged from 0.86 to 0.99 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 0.80, Golden Mile 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 Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,672 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. Golden Mile Resources's current Equity-to-Asset of 0.86 is 7.5% 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 Golden Mile Resources 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. Golden Mile Resources's current Equity-to-Asset is 0.86, which is near median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Mile Resources stock overvalued right now?
Golden Mile Resources (ASX:G88) has a current Equity-to-Asset of 0.86. The current Equity-to-Asset is 0.86, which is near median its 10-year median of 0.95 and 7.5% above 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 Golden Mile Resources (ASX:G88), the current Equity-to-Asset is 0.86 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.
Golden Mile Resources Ltd is an Australian based exploration company that owns several resource tenements in Western Australia and is actively exploring the tenements for gold, nickel and cobalt and related resources. Its projects include Quicksilver Nickel-Cobalt Project, Minara Nickel-Cobalt Project, Ironstone Well Au Project, Murchison Lithium and Gold, Yarrambee Project, Yuinmery Project, Gidgee Polymetallic Project and Leonora East Gold Project. The principal business and geographical segment of the company is Mineral Exploration within Western Australia.
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