Mineral Resources (ASX:MIN) Equity-to-Asset: 0.31 (As of Dec. 2025) — 35% Below Median

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ASX:MIN Mineral Resources Ltd ASX:MIN
86 GF Score
Price A$54.70
GF Value A$73.26
Valuation Modestly Undervalued
! 11 Warning Signs
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What is Mineral Resources Equity-to-Asset?

Mineral Resources ASX:MIN +2.17% 86 Equity-to-Asset is 0.31 as of Dec. 2025, which is 35% below its 10-year median of 0.48. GuruFocus rates ASX:MIN with a GF Score™ of 86/100 and a GF Value™ of A$73.26 (Modestly Undervalued). The stock has 11 warning signs investors should review. Among 2,665 Metals & Mining companies, Mineral Resources ranks worse than 82.51% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mineral Resources's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$3,732 Mil. Mineral Resources's Total Assets for the quarter that ended in Dec. 2025 was A$11,928 Mil. Therefore, Mineral Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.31.

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

ASX:MIN' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.27   Med: 0.48   Max: 0.63
Current: 0.31

During the past 13 years, the highest Equity to Asset Ratio of Mineral Resources was 0.63. The lowest was 0.27. And the median was 0.48.

ASX:MIN's Equity-to-Asset is ranked worse than
82.51% of 2665 companies
in the Metals & Mining industry
Industry Median: 0.8 vs ASX:MIN: 0.31

Mineral Resources  (ASX:MIN) 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%.


Mineral Resources Equity-to-Asset Related Terms


Mineral Resources Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Mineral 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.

Mineral Resources Equity-to-Asset Chart

Mineral Resources 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 0.55 0.41 0.41 0.29 0.27

Mineral Resources 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 0.36 0.29 0.27 0.27 0.31

Mineral Resources Equity-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Mineral 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.


Mineral Resources Equity-to-Asset vs Metals & Mining Industry

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

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


ASX:MIN
86GF Score
Mineral Resources Ltd ASX:MIN
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mineral Resources 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.

Mineral Resources'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
=3226/11927
=0.27

Mineral Resources'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
=3732/11928
=0.31

* 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 0.31 mean?
Mineral Resources (ASX:MIN) has a Equity-to-Asset of 0.31 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Mineral Resources and its competitors. This is 35% below median its historical median of 0.48. Over the past decade, Mineral Resources' Equity-to-Asset has ranged from 0.27 to 0.63. According to the industry distribution chart, Mineral Resources ranks #2199 out of 2665 companies in the Metals & Mining industry, placing it in the top 82.5%.
Is Mineral Resources' Equity-to-Asset too high?
Mineral Resources' current Equity-to-Asset of 0.31 is 35% below median its 10-year median of 0.48. Over the past 10 years, this metric has ranged from a low of 0.27 to a high of 0.63. The Metals & Mining industry median Equity-to-Asset is 0.80. Mineral Resources' value of 0.31 is 61.3% below this industry median. Based on the distribution chart, Mineral Resources ranks #2199 out of 2665 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Mineral Resources has a GF Score™ of 86/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Mineral Resources' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Mineral Resources ranks #2199 out of 2665 companies for Equity-to-Asset. This places Mineral Resources in the lower half of its industry. The industry median Equity-to-Asset is 0.80. Mineral Resources' value of 0.31 is 61.3% below this benchmark. Historically, Mineral Resources' own Equity-to-Asset has ranged from 0.27 to 0.63 over the past decade. While the company's 10-year median is 0.48 vs. the industry median of 0.80, Mineral Resources 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. Mineral Resources's current Equity-to-Asset of 0.31 is 61.3% 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 Mineral 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. Mineral Resources's current Equity-to-Asset is 0.31, which is 35% below median its own 10-year median of 0.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mineral Resources stock overvalued right now?
Based on GuruFocus' analysis, Mineral Resources (ASX:MIN) is currently considered Modestly Undervalued. The stock's GF Value™ is A$73.26, compared to a current price of A$54.70 — trading 25.3% below its estimated fair value. The current Equity-to-Asset is 0.31, which is 35% below median its 10-year median of 0.48 and 61.3% below the Metals & Mining industry median of 0.80. Mineral Resources' overall GF Score™ is 86/100 with 11 warning signs 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 Mineral Resources (ASX:MIN), the current Equity-to-Asset is 0.31 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.

Is Mineral Resources (ASX:MIN) Overvalued in 2026?

Based on GuruFocus' analysis, Mineral Resources stock appears to be undervalued. The current stock price of A$54.70 is trading 25.3% below its estimated GF Value™ of A$73.26. GuruFocus considers Mineral Resources to be Modestly Undervalued.

Key valuation signals for ASX:MIN:

  • Equity-to-Asset: 0.31 (35% below median its 10-year median of 0.48)
  • GF Value™: A$73.26 vs. price of A$54.70 (25.3% below fair value)
  • GF Score™: 86/100 with 11 warning signs
  • Industry Position: 61.3% below the Metals & Mining median (#2199 of 2665)

No single metric tells the full story. See the ASX:MIN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mineral Resources Business Description

Address 20 Walters Drive, Osborne Park, Perth, WA, AUS, 6017
Mineral Resources listed on the ASX in 2006 following the merger of three mining services businesses. The subsidiary companies were previously owned by managing director Chris Ellison, who remains a large shareholder despite selling down. Operations include iron ore and lithium mining, iron ore crushing and screening services for third parties, and engineering and construction for mining companies. Mining and contracting activity is focused in Western Australia.
86GF Score

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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$54.70
Price
A$73.26
GF Value