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Minerals ExplorationASX:MEX Equity-to-Asset is 0.99 as of Dec. 2025, which is at its 10-year median of 0.99. Among 2,666 Metals & Mining companies, Minerals Exploration ranks better than 97.71% 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%.
Minerals Exploration Equity-to-Asset Related Terms
Minerals Exploration Equity-to-Asset Historical Data
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The historical data trend for Minerals Exploration'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 Gold subindustry, Minerals Exploration'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.
Minerals Exploration Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Minerals Exploration's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Minerals Exploration'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.
Minerals Exploration'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.
Minerals Exploration (ASX:MEX) has a Equity-to-Asset of 0.99 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Minerals Exploration and its competitors. This is near median its historical median of 0.99. Over the past decade, Minerals Exploration's Equity-to-Asset has ranged from 0.94 to 1.00. According to the industry distribution chart, Minerals Exploration ranks #61 out of 2666 companies in the Metals & Mining industry, placing it in the top 2.3%.
Is Minerals Exploration's Equity-to-Asset too high?
Minerals Exploration's current Equity-to-Asset of 0.99 is near median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 1.00. The Metals & Mining industry median Equity-to-Asset is 0.80. Minerals Exploration's value of 0.99 is 24.5% above this industry median. Based on the distribution chart, Minerals Exploration ranks #61 out of 2666 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does Minerals Exploration's Equity-to-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Minerals Exploration ranks #61 out of 2666 companies for Equity-to-Asset. This places Minerals Exploration in the top 2% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.80. Minerals Exploration's value of 0.99 is 24.5% above this benchmark. Historically, Minerals Exploration's own Equity-to-Asset has ranged from 0.94 to 1.00 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.80, Minerals Exploration 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 2,666 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. Minerals Exploration's current Equity-to-Asset of 0.99 is 24.5% 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 Minerals Exploration 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. Minerals Exploration's current Equity-to-Asset is 0.99, which is near median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Minerals Exploration stock overvalued right now?
Minerals Exploration (ASX:MEX) has a current Equity-to-Asset of 0.99. The current Equity-to-Asset is 0.99, which is near median its 10-year median of 0.99 and 24.5% 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 Minerals Exploration (ASX:MEX), the current Equity-to-Asset is 0.99 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.
Minerals Exploration Ltd is a company focused on gold exploration. The company is implementing an aggressive brownfields exploration across its portfolio of New Zealand gold assets. These assets contain previously identified mineralisation from historical production and exploration activities, are located in the Hauraki and Otago Goldfields, and are situated near established deposits.
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