Mesoblast (ASX:MSB) Equity-to-Asset: 0.74 (As of Dec. 2025) — Near Median

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ASX:MSB Mesoblast Ltd ASX:MSB
37 GF Score
Price A$2.04
! 4 Warning Signs
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What is Mesoblast Equity-to-Asset?

Mesoblast ASX:MSB -0.97% 37 Equity-to-Asset is 0.74 as of Dec. 2025, which is 3% below its 10-year median of 0.76. GuruFocus rates ASX:MSB with a GF Score™ of 37/100. The stock has 4 warning signs investors should review. Among 1,415 Biotechnology companies, Mesoblast ranks better than 57.53% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mesoblast's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$864.90 Mil. Mesoblast's Total Assets for the quarter that ended in Dec. 2025 was A$1,177.37 Mil.

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

ASX:MSB' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62   Med: 0.76   Max: 0.87
Current: 0.74

During the past 13 years, the highest Equity to Asset Ratio of Mesoblast was 0.87. The lowest was 0.62. And the median was 0.76.

ASX:MSB's Equity-to-Asset is ranked better than
57.53% of 1415 companies
in the Biotechnology industry
Industry Median: 0.68 vs ASX:MSB: 0.74

Mesoblast  (ASX:MSB) 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%.


Mesoblast Equity-to-Asset Related Terms


Mesoblast Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Mesoblast'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.

Mesoblast Equity-to-Asset Chart

Mesoblast 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 0.78 0.75 0.75 0.72 0.76

Mesoblast Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.76 0.00 0.74 0.00

ASX:MSB vs VRTX, REGN, RVMD: Equity-to-Asset Comparison

For the Biotechnology subindustry, Mesoblast'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.


Mesoblast Equity-to-Asset vs Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Mesoblast's Equity-to-Asset distribution charts can be found below:

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


ASX:MSB
37GF Score
Mesoblast Ltd ASX:MSB
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Mesoblast 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.

Mesoblast'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
=917.671/1205.273
=0.76

Mesoblast'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
=864.899/1177.372
=

* 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 0.74 mean?
Mesoblast (ASX:MSB) has a Equity-to-Asset of 0.74 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Mesoblast and its competitors. This is near median its historical median of 0.76. Over the past decade, Mesoblast's Equity-to-Asset has ranged from 0.62 to 0.87. According to the industry distribution chart, Mesoblast ranks #601 out of 1415 companies in the Biotechnology industry, placing it in the top 42.5%.
Is Mesoblast's Equity-to-Asset too high?
Mesoblast's current Equity-to-Asset of 0.74 is near median its 10-year median of 0.76. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 0.87. The Biotechnology industry median Equity-to-Asset is 0.68. Mesoblast's value of 0.74 is 8.8% above this industry median. Based on the distribution chart, Mesoblast ranks #601 out of 1415 companies in the Biotechnology industry, which is above the industry midpoint. Overall, Mesoblast has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Mesoblast's Equity-to-Asset compare to VRTX and REGN?
According to the Biotechnology industry distribution chart, Mesoblast ranks #601 out of 1415 companies for Equity-to-Asset. This puts Mesoblast in the upper half of its industry. The industry median Equity-to-Asset is 0.68. Mesoblast's value of 0.74 is 8.8% above this benchmark. Historically, Mesoblast's own Equity-to-Asset has ranged from 0.62 to 0.87 over the past decade. While the company's 10-year median is 0.76 vs. the industry median of 0.68, Mesoblast 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 Biotechnology company?
The median Equity-to-Asset among Biotechnology companies is 0.68, based on 1,415 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. Mesoblast's current Equity-to-Asset of 0.74 is 8.8% 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 Mesoblast and its competitors. For the Biotechnology industry, the median Equity-to-Asset is 0.68 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesoblast's current Equity-to-Asset is 0.74, which is near median its own 10-year median of 0.76. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mesoblast stock overvalued right now?
Mesoblast (ASX:MSB) has a current Equity-to-Asset of 0.74. The current Equity-to-Asset is 0.74, which is near median its 10-year median of 0.76 and 8.8% above the Biotechnology industry median of 0.68. Mesoblast's overall GF Score™ is 37/100 with 4 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 Mesoblast (ASX:MSB), the current Equity-to-Asset is 0.74 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.

Mesoblast Business Description

Address 55 Collins Street, Level 38, Melbourne, VIC, AUS, 3000
Mesoblast Ltd is a commercial-stage biotechnology company and a world leader in developing allogeneic (off-the-shelf) cellular medicines for the treatment of severe and life-threatening inflammatory conditions. The company's product candidates include: Ryoncil (remestemcel-L) for the treatment of steroid-refractory acute graft versus host disease, as well as for the treatment of moderate to severe acute respiratory distress syndrome; Revascor (rexlemestrocel-L) for the treatment of chronic heart failure; and Rexlemestrocel-L for chronic low back pain. The company is managed as one operating segment, being the development of an adult stem cell technology platform for commercialization.
37GF Score

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