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Noble HeliumASX:NHE +3.57% Equity-to-Asset is 0.75 as of Dec. 2025, which is 15% below its 10-year median of 0.88. The stock has 4 warning signs investors should review. Among 1,624 Chemicals companies, Noble Helium ranks better than 75.8% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Noble Helium's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$38.33 Mil. Noble Helium's Total Assets for the quarter that ended in Dec. 2025 was A$51.01 Mil.
The historical rank and industry rank for Noble Helium's Equity-to-Asset or its related term are showing as below:
ASX:NHE'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.75 Med: 0.88 Max: 1
Current: 0.75
During the past 7 years, the highest Equity to Asset Ratio of Noble Helium was 1.00. The lowest was 0.75. And the median was 0.88.
ASX:NHE's Equity-to-Asset is ranked better than 75.8% of 1624
companies
in the Chemicals industry
Industry Median: 0.6
vs ASX:NHE: 0.75
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%.
Noble Helium Equity-to-Asset Related Terms
Noble Helium Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Noble Helium'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.
ASX:NHE vs LIN, SHW, ECL: Equity-to-Asset Comparison
For the Specialty Chemicals subindustry, Noble Helium'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.
Noble Helium Equity-to-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Noble Helium's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Noble Helium'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.
Noble Helium'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.
Noble Helium (ASX:NHE) has a Equity-to-Asset of 0.75 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Noble Helium and its competitors. This is 15% below median its historical median of 0.88. Over the past decade, Noble Helium's Equity-to-Asset has ranged from 0.75 to 1.00. According to the industry distribution chart, Noble Helium ranks #393 out of 1624 companies in the Chemicals industry, placing it in the top 24.2%.
Is Noble Helium's Equity-to-Asset too high?
Noble Helium's current Equity-to-Asset of 0.75 is 15% below median its 10-year median of 0.88. Over the past 10 years, this metric has ranged from a low of 0.75 to a high of 1.00. The Chemicals industry median Equity-to-Asset is 0.60. Noble Helium's value of 0.75 is 25% above this industry median. Based on the distribution chart, Noble Helium ranks #393 out of 1624 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers.
How does Noble Helium's Equity-to-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Noble Helium ranks #393 out of 1624 companies for Equity-to-Asset. This places Noble Helium in the top 24% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.60. Noble Helium's value of 0.75 is 25% above this benchmark. Historically, Noble Helium's own Equity-to-Asset has ranged from 0.75 to 1.00 over the past decade. While the company's 10-year median is 0.88 vs. the industry median of 0.60, Noble Helium 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 Chemicals company?
The median Equity-to-Asset among Chemicals companies is 0.60, based on 1,624 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. Noble Helium's current Equity-to-Asset of 0.75 is 25% 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 Noble Helium and its competitors. For the Chemicals 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. Noble Helium's current Equity-to-Asset is 0.75, which is 15% below median its own 10-year median of 0.88. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Noble Helium stock overvalued right now?
Noble Helium (ASX:NHE) has a current Equity-to-Asset of 0.75. The current Equity-to-Asset is 0.75, which is 15% below median its 10-year median of 0.88 and 25% above the Chemicals industry median of 0.60. 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 Noble Helium (ASX:NHE), the current Equity-to-Asset is 0.75 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.
Noble Helium Ltd is an Australian helium exploration company. It is focused on advancing its projects in Tanzania's East African Rift System to meet the growing need for a primary, carbon-free, and geopolitically independent source of helium. The company is focused on advancing its flagship project, the North Rukwa project, which is strategically located within Tanzania's Rukwa Basin. Additionally, it holds prospecting licences (PLs) in the North Nyasa and Eyasi basins, and prospecting licence applications (PLAs) in the Manyara basins in Tanzania. Noble operates in one reportable segment, being mineral exploration in the United Republic of Tanzania.
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