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New Frontier MineralsASX:NFM Equity-to-Asset is 0.95 as of Dec. 2025, which is at its 10-year median of 0.95. The stock has 1 warning sign investors should review. Among 2,669 Metals & Mining companies, New Frontier Minerals ranks better than 78.79% on this metric.
The historical rank and industry rank for New Frontier Minerals's Equity-to-Asset or its related term are showing as below:
ASX:NFM'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.03 Med: 0.95 Max: 1
Current: 0.95
During the past 13 years, the highest Equity to Asset Ratio of New Frontier Minerals was 1.00. The lowest was 0.03. And the median was 0.95.
ASX:NFM's Equity-to-Asset is ranked better than 78.79% of 2669
companies
in the Metals & Mining industry
Industry Median: 0.79
vs ASX:NFM: 0.95
New Frontier Minerals (ASX:NFM) 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%.
New Frontier Minerals Equity-to-Asset Related Terms
New Frontier Minerals Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for New Frontier Minerals'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.
New Frontier Minerals Equity-to-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, New Frontier Minerals'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.
New Frontier Minerals Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, New Frontier Minerals's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where New Frontier Minerals'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.
New Frontier Minerals'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.
New Frontier Minerals (ASX:NFM) has a Equity-to-Asset of 0.95 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on New Frontier Minerals and its competitors. This is near median its historical median of 0.95. Over the past decade, New Frontier Minerals' Equity-to-Asset has ranged from 0.03 to 1.00. According to the industry distribution chart, New Frontier Minerals ranks #566 out of 2669 companies in the Metals & Mining industry, placing it in the top 21.2%.
Is New Frontier Minerals' Equity-to-Asset too high?
New Frontier Minerals' current Equity-to-Asset of 0.95 is near median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 1.00. The Metals & Mining industry median Equity-to-Asset is 0.79. New Frontier Minerals' value of 0.95 is 20.3% above this industry median. Based on the distribution chart, New Frontier Minerals ranks #566 out of 2669 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers.
How does New Frontier Minerals' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, New Frontier Minerals ranks #566 out of 2669 companies for Equity-to-Asset. This places New Frontier Minerals in the top 21% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.79. New Frontier Minerals' value of 0.95 is 20.3% above this benchmark. Historically, New Frontier Minerals' own Equity-to-Asset has ranged from 0.03 to 1.00 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 0.79, New Frontier Minerals 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 0.79, based on 2,669 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. New Frontier Minerals's current Equity-to-Asset of 0.95 is 20.3% 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 New Frontier Minerals 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. New Frontier Minerals's current Equity-to-Asset is 0.95, which is near median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Frontier Minerals stock overvalued right now?
New Frontier Minerals (ASX:NFM) has a current Equity-to-Asset of 0.95. The current Equity-to-Asset is 0.95, which is near median its 10-year median of 0.95 and 20.3% above the Metals & Mining industry median of 0.79. 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 New Frontier Minerals (ASX:NFM), the current Equity-to-Asset is 0.95 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.
New Frontier Minerals Ltd is an Australian mineral explorer focused on developing multi-commodity assets. The company is focused on advancing exploration activity at the Harts Range Niobium, Uranium and Heavy Rare Earths Project, which is circa 140km north-east of Alice Springs in the Northern Territory. Other interests include the NWQ Copper Project, situated in the copper-belt district, circa 150km north of Mt Isa in Queensland. The company's geographical segments are exploration in Northwest Queensland, Northern Territory (Harts Range), and Zambia.
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