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New HopeASX:NHC +0.77%69 Equity-to-Asset is 0.74 as of Jan. 2026, which is at its 10-year median of 0.74. GuruFocus rates ASX:NHC with a GF Score™ of 69/100 and a GF Value™ of A$3.38 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 186 Other Energy Sources companies, New Hope ranks better than 63.44% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. New Hope's Total Stockholders Equity for the quarter that ended in Jan. 2026 was A$2,600 Mil. New Hope's Total Assets for the quarter that ended in Jan. 2026 was A$3,494 Mil.
Therefore, New Hope's Equity to Asset Ratio for the quarter that ended in Jan. 2026 was 0.74.
The historical rank and industry rank for New Hope's Equity-to-Asset or its related term are showing as below:
ASX:NHC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.63 Med: 0.74 Max: 0.87
Current: 0.74
During the past 13 years, the highest Equity to Asset Ratio of New Hope was 0.87. The lowest was 0.63. And the median was 0.74.
ASX:NHC's Equity-to-Asset is ranked better than 63.44% of 186
companies
in the Other Energy Sources industry
Industry Median: 0.6
vs ASX:NHC: 0.74
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 Hope Equity-to-Asset Related Terms
New Hope Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for New Hope'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 Thermal Coal subindustry, New Hope'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 Hope Equity-to-Asset vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, New Hope's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where New Hope'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 Hope's Equity to Asset Ratio for the fiscal year that ended in Jul. 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 Hope (ASX:NHC) has a Equity-to-Asset of 0.74 as of Jan. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on New Hope and its competitors. This is near median its historical median of 0.74. Over the past decade, New Hope's Equity-to-Asset has ranged from 0.63 to 0.87. According to the industry distribution chart, New Hope ranks #68 out of 186 companies in the Other Energy Sources industry, placing it in the top 36.6%.
Is New Hope's Equity-to-Asset too high?
New Hope's current Equity-to-Asset of 0.74 is near median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.63 to a high of 0.87. The Other Energy Sources industry median Equity-to-Asset is 0.60. New Hope's value of 0.74 is 23.3% above this industry median. Based on the distribution chart, New Hope ranks #68 out of 186 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, New Hope has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does New Hope's Equity-to-Asset compare to competitors?
According to the Other Energy Sources industry distribution chart, New Hope ranks #68 out of 186 companies for Equity-to-Asset. This puts New Hope in the upper half of its industry. The industry median Equity-to-Asset is 0.60. New Hope's value of 0.74 is 23.3% above this benchmark. Historically, New Hope's own Equity-to-Asset has ranged from 0.63 to 0.87 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.60, New Hope 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 an Other Energy Sources company?
The median Equity-to-Asset among Other Energy Sources companies is 0.60, based on 186 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 Hope's current Equity-to-Asset of 0.74 is 23.3% 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 Hope and its competitors. For the Other Energy Sources industry, the median Equity-to-Asset is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. New Hope's current Equity-to-Asset is 0.74, which is near median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Hope stock overvalued right now?
Based on GuruFocus' analysis, New Hope (ASX:NHC) is currently considered Significantly Overvalued. The stock's GF Value™ is A$3.38, compared to a current price of A$5.21 — trading 54.1% above its estimated fair value. The current Equity-to-Asset is 0.74, which is near median its 10-year median of 0.74 and 23.3% above the Other Energy Sources industry median of 0.60. New Hope's overall GF Score™ is 69/100 with 6 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 New Hope (ASX:NHC), the current Equity-to-Asset is 0.74 as of Jan. 2026. 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 New Hope (ASX:NHC) Overvalued in 2026?
Based on GuruFocus' analysis, New Hope stock appears to be overvalued.
The current stock price of A$5.21 is trading 54.1% above its estimated GF Value™ of A$3.38.
GuruFocus considers New Hope to be Significantly Overvalued.
Key valuation signals for ASX:NHC:
Equity-to-Asset: 0.74 (near median its 10-year median of 0.74)
GF Value™: A$3.38 vs. price of A$5.21 (54.1% above fair value)
Industry Position: 23.3% above the Other Energy Sources median (#68 of 186)
No single metric tells the full story. See the ASX:NHC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
New Hope Corporation is an Australian thermal coal miner. It has two operating mines: the 100%-owned New Acland coal mine in Queensland and its 80%-owned Bengalla coal mine in New South Wales. The company should sell around 13 million metric tons of thermal coal annually from fiscal 2028, up from around 10.5 million in fiscal 2025, driven by the construction and ramp up of New Acland Stage 3. The vast majority of New Hope's production is sold into seaborne thermal coal export markets. Reserves at New Acland and Bengalla are sufficient to support multidecade mine lives. New Hope also has significant undeveloped coal resources in Queensland, as well as a 23% holding in the Malabar-Maxwell metallurgical coal mine, which began production in 2023.
69GF Score
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