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MLG OzASX:MLG +4.17%37 Equity-to-Asset is 0.47 as of Dec. 2025, which is 2% above its 10-year median of 0.46. GuruFocus rates ASX:MLG with a GF Score™ of 37/100 and a GF Value™ of A$0.75 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,670 Metals & Mining companies, MLG Oz ranks worse than 73.71% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. MLG Oz's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$153.4 Mil. MLG Oz's Total Assets for the quarter that ended in Dec. 2025 was A$330.1 Mil.
Therefore, MLG Oz's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.47.
The historical rank and industry rank for MLG Oz's Equity-to-Asset or its related term are showing as below:
ASX:MLG'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.46 Max: 0.57
Current: 0.47
During the past 5 years, the highest Equity to Asset Ratio of MLG Oz was 0.57. The lowest was 0.44. And the median was 0.46.
ASX:MLG's Equity-to-Asset is ranked worse than 73.71% of 2670
companies
in the Metals & Mining industry
Industry Median: 0.79
vs ASX:MLG: 0.47
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%.
MLG Oz Equity-to-Asset Related Terms
MLG Oz Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for MLG Oz'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, MLG Oz'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.
MLG Oz Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MLG Oz's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where MLG Oz'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.
MLG Oz'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.
MLG Oz (ASX:MLG) has a Equity-to-Asset of 0.47 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on MLG Oz and its competitors. This is near median its historical median of 0.46. Over the past decade, MLG Oz's Equity-to-Asset has ranged from 0.44 to 0.57. According to the industry distribution chart, MLG Oz ranks #1968 out of 2670 companies in the Metals & Mining industry, placing it in the top 73.7%.
Is MLG Oz's Equity-to-Asset too high?
MLG Oz's current Equity-to-Asset of 0.47 is near median its 10-year median of 0.46. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.57. The Metals & Mining industry median Equity-to-Asset is 0.79. MLG Oz's value of 0.47 is 40.5% below this industry median. Based on the distribution chart, MLG Oz ranks #1968 out of 2670 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, MLG Oz has a GF Score™ of 37/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MLG Oz's Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, MLG Oz ranks #1968 out of 2670 companies for Equity-to-Asset. This places MLG Oz in the lower half of its industry. The industry median Equity-to-Asset is 0.79. MLG Oz's value of 0.47 is 40.5% below this benchmark. Historically, MLG Oz's own Equity-to-Asset has ranged from 0.44 to 0.57 over the past decade. While the company's 10-year median is 0.46 vs. the industry median of 0.79, MLG Oz 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 0.79, based on 2,670 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. MLG Oz's current Equity-to-Asset of 0.47 is 40.5% 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 MLG Oz and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MLG Oz's current Equity-to-Asset is 0.47, which is near median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MLG Oz stock overvalued right now?
Based on GuruFocus' analysis, MLG Oz (ASX:MLG) is currently considered Fairly Valued. The stock's GF Value™ is A$0.75, compared to a current price of A$0.75 — trading right at its estimated fair value. The current Equity-to-Asset is 0.47, which is near median its 10-year median of 0.46 and 40.5% below the Metals & Mining industry median of 0.79. MLG Oz's overall GF Score™ is 37/100 with 5 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 MLG Oz (ASX:MLG), the current Equity-to-Asset is 0.47 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 MLG Oz (ASX:MLG) Overvalued in 2026?
Based on GuruFocus' analysis, MLG Oz stock appears to be undervalued.
The current stock price of A$0.75 is trading 0% below its estimated GF Value™ of A$0.75.
GuruFocus considers MLG Oz to be Fairly Valued.
Key valuation signals for ASX:MLG:
Equity-to-Asset: 0.47 (near median its 10-year median of 0.46)
GF Value™: A$0.75 vs. price of A$0.75 (0% below fair value)
Industry Position: 40.5% below the Metals & Mining median (#1968 of 2670)
No single metric tells the full story. See the ASX:MLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
MLG Oz Ltd is a Kalgoorlie-based integrated mining services and resource asset management company. It supports ore processing facilities across gold, iron ore, and base metals in Western Australia and the Northern Territory. The company offers comprehensive mine site and supply chain solutions throughout the project lifecycle under a single contractual framework, including civil and construction, crushing and screening, bulk haulage and site services, and supply of mining and construction materials. Its expertise covers gold, iron ore, nickel, and base metals sectors, with key activities in bulk haulage, civil mining, construction aggregates, and crushing and screening.
37GF Score
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