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Rubicon WaterASX:RWL +12.50% Equity-to-Asset is 0.57 as of Dec. 2025, which is 2% below its 10-year median of 0.58. The stock has 2 warning signs investors should review. Among 507 Utilities - Regulated companies, Rubicon Water ranks better than 79.68% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Rubicon Water's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$57.66 Mil. Rubicon Water's Total Assets for the quarter that ended in Dec. 2025 was A$101.17 Mil.
Therefore, Rubicon Water's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.57.
The historical rank and industry rank for Rubicon Water's Equity-to-Asset or its related term are showing as below:
ASX:RWL'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.52 Med: 0.58 Max: 0.63
Current: 0.57
During the past 4 years, the highest Equity to Asset Ratio of Rubicon Water was 0.63. The lowest was 0.52. And the median was 0.58.
ASX:RWL's Equity-to-Asset is ranked better than 79.68% of 507
companies
in the Utilities - Regulated industry
Industry Median: 0.36
vs ASX:RWL: 0.57
Rubicon Water (ASX:RWL) 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%.
Rubicon Water Equity-to-Asset Related Terms
Rubicon Water Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Rubicon Water'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:RWL vs AWK, WTRG, AWR: Equity-to-Asset Comparison
For the Utilities - Regulated Water subindustry, Rubicon Water'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.
Rubicon Water Equity-to-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Rubicon Water's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Rubicon Water'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.
Rubicon Water'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.
Rubicon Water (ASX:RWL) has a Equity-to-Asset of 0.57 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Rubicon Water and its competitors. This is near median its historical median of 0.58. Over the past decade, Rubicon Water's Equity-to-Asset has ranged from 0.52 to 0.63. According to the industry distribution chart, Rubicon Water ranks #103 out of 507 companies in the Utilities - Regulated industry, placing it in the top 20.3%.
Is Rubicon Water's Equity-to-Asset too high?
Rubicon Water's current Equity-to-Asset of 0.57 is near median its 10-year median of 0.58. Over the past 10 years, this metric has ranged from a low of 0.52 to a high of 0.63. The Utilities - Regulated industry median Equity-to-Asset is 0.36. Rubicon Water's value of 0.57 is 58.3% above this industry median. Based on the distribution chart, Rubicon Water ranks #103 out of 507 companies in the Utilities - Regulated industry, which is in the top quartile — a strong position relative to peers.
How does Rubicon Water's Equity-to-Asset compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Rubicon Water ranks #103 out of 507 companies for Equity-to-Asset. This places Rubicon Water in the top 20% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.36. Rubicon Water's value of 0.57 is 58.3% above this benchmark. Historically, Rubicon Water's own Equity-to-Asset has ranged from 0.52 to 0.63 over the past decade. While the company's 10-year median is 0.58 vs. the industry median of 0.36, Rubicon Water 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 Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 507 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. Rubicon Water's current Equity-to-Asset of 0.57 is 58.3% 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 Rubicon Water and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rubicon Water's current Equity-to-Asset is 0.57, which is near median its own 10-year median of 0.58. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rubicon Water stock overvalued right now?
Based on GuruFocus' analysis, Rubicon Water (ASX:RWL) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.30, compared to a current price of A$0.09 — trading 70% below its estimated fair value. The current Equity-to-Asset is 0.57, which is near median its 10-year median of 0.58 and 58.3% above the Utilities - Regulated industry median of 0.36. 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 Rubicon Water (ASX:RWL), the current Equity-to-Asset is 0.57 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.
Rubicon Water Ltd is engaged in the water technology solutions business that designs, manufactures, installs, and maintains irrigation automation software and hardware. It generates revenue through sales of hardware, software, and services, as well as from ongoing maintenance of the installed end-to-end solution base.
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