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Image Resources NLASX:IMA Equity-to-Asset is 0.13 as of Dec. 2025, which is 78% below its 10-year median of 0.58. The stock has 5 warning signs investors should review. Among 2,671 Metals & Mining companies, Image Resources NL ranks worse than 87.16% on this metric.
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%.
Image Resources NL Equity-to-Asset Related Terms
Image Resources NL Equity-to-Asset Historical Data
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The historical data trend for Image Resources NL'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.
For the Other Industrial Metals & Mining subindustry, Image Resources NL'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.
Image Resources NL Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Image Resources NL's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Image Resources NL'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.
Image Resources NL's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
Image Resources NL (ASX:IMA) has a Equity-to-Asset of 0.13 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Image Resources NL and its competitors. This is 78% below median its historical median of 0.58. Over the past decade, Image Resources NL's Equity-to-Asset has ranged from 0.13 to 0.68. According to the industry distribution chart, Image Resources NL ranks #2328 out of 2671 companies in the Metals & Mining industry, placing it in the top 87.2%.
Is Image Resources NL's Equity-to-Asset too high?
Image Resources NL's current Equity-to-Asset of 0.13 is 78% below median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 0.68. The Metals & Mining industry median Equity-to-Asset is 0.80. Image Resources NL's value of 0.13 is 83.8% below this industry median. Based on the distribution chart, Image Resources NL ranks #2328 out of 2671 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers.
How does Image Resources NL's Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Image Resources NL ranks #2328 out of 2671 companies for Equity-to-Asset. This places Image Resources NL in the lower half of its industry. The industry median Equity-to-Asset is 0.80. Image Resources NL's value of 0.13 is 83.8% below this benchmark. Historically, Image Resources NL's own Equity-to-Asset has ranged from 0.13 to 0.68 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.80, Image Resources NL 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 2,671 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. Image Resources NL's current Equity-to-Asset of 0.13 is 83.8% 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 Image Resources NL 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. Image Resources NL's current Equity-to-Asset is 0.13, which is 78% below median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Image Resources NL stock overvalued right now?
Image Resources NL (ASX:IMA) has a current Equity-to-Asset of 0.13. The current Equity-to-Asset is 0.13, which is 78% below median its 10-year median of 0.58 and 83.8% 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 Image Resources NL (ASX:IMA), the current Equity-to-Asset is 0.13 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.
Image Resources NL is a mineral sands-focused mining company, currently transitioning from open-cut mining and ore processing operations at its high-grade, zircon-rich Boonanarring project, to the Atlas project, and also holds ownership stakes in the Yandanooka, Bidaminna, and McCalls projects in North Perth Basin. In addition, the company holds two exploration licenses and two prospecting licenses, located southeast of Kalgoorlie, which make up the Erayinia/King Gold Project.
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