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Lunnon MetalsASX:LM8 -1.69%30 Equity-to-Asset is 0.93 as of Dec. 2025, which is 4% below its 10-year median of 0.97. GuruFocus rates ASX:LM8 with a GF Score™ of 30/100. The stock has 1 warning sign investors should review. Among 2,674 Metals & Mining companies, Lunnon Metals ranks better than 72.7% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Lunnon Metals's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$30.25 Mil. Lunnon Metals's Total Assets for the quarter that ended in Dec. 2025 was A$32.54 Mil.
Therefore, Lunnon Metals's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.93.
The historical rank and industry rank for Lunnon Metals's Equity-to-Asset or its related term are showing as below:
ASX:LM8'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.93 Med: 0.97 Max: 0.99
Current: 0.93
During the past 5 years, the highest Equity to Asset Ratio of Lunnon Metals was 0.99. The lowest was 0.93. And the median was 0.97.
ASX:LM8's Equity-to-Asset is ranked better than 72.7% of 2674
companies
in the Metals & Mining industry
Industry Median: 0.795
vs ASX:LM8: 0.93
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%.
Lunnon Metals Equity-to-Asset Related Terms
Lunnon Metals Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Lunnon Metals'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, Lunnon Metals'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.
Lunnon Metals Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Lunnon Metals's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Lunnon Metals'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.
Lunnon Metals'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.
Lunnon Metals (ASX:LM8) has a Equity-to-Asset of 0.93 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Lunnon Metals and its competitors. This is near median its historical median of 0.97. Over the past decade, Lunnon Metals' Equity-to-Asset has ranged from 0.93 to 0.99. According to the industry distribution chart, Lunnon Metals ranks #730 out of 2674 companies in the Metals & Mining industry, placing it in the top 27.3%.
Is Lunnon Metals' Equity-to-Asset too high?
Lunnon Metals' current Equity-to-Asset of 0.93 is near median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.93 to a high of 0.99. The Metals & Mining industry median Equity-to-Asset is 0.80. Lunnon Metals' value of 0.93 is 17% above this industry median. Based on the distribution chart, Lunnon Metals ranks #730 out of 2674 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Lunnon Metals has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Lunnon Metals' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Lunnon Metals ranks #730 out of 2674 companies for Equity-to-Asset. This puts Lunnon Metals in the upper half of its industry. The industry median Equity-to-Asset is 0.80. Lunnon Metals' value of 0.93 is 17% above this benchmark. Historically, Lunnon Metals' own Equity-to-Asset has ranged from 0.93 to 0.99 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.80, Lunnon Metals 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 2,674 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. Lunnon Metals's current Equity-to-Asset of 0.93 is 17% 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 Lunnon Metals 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. Lunnon Metals's current Equity-to-Asset is 0.93, which is near median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Lunnon Metals stock overvalued right now?
Lunnon Metals (ASX:LM8) has a current Equity-to-Asset of 0.93. The current Equity-to-Asset is 0.93, which is near median its 10-year median of 0.97 and 17% above the Metals & Mining industry median of 0.80. Lunnon Metals' overall GF Score™ is 30/100 with 1 warning sign 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 Lunnon Metals (ASX:LM8), the current Equity-to-Asset is 0.93 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.
Lunnon Metals Ltd is an Australian mineral exploration and development company focusing on nickel and gold. Its principal area of activity is the Kambalda Nickel Project in Western Australia, which includes multiple contiguous mining leases. The company holds mineral rights for nickel and gold in this region and engages in exploration to identify and develop these resources.
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