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Southern PalladiumASX:SPD +9.90%34 Equity-to-Asset is 0.99 as of Dec. 2025, which is 1% below its 10-year median of 1.00. GuruFocus rates ASX:SPD with a GF Score™ of 34/100. The stock has 1 warning sign investors should review. Among 2,669 Metals & Mining companies, Southern Palladium ranks better than 97.71% on this metric.
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%.
Southern Palladium Equity-to-Asset Related Terms
Southern Palladium Equity-to-Asset Historical Data
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The historical data trend for Southern Palladium'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 Other Precious Metals & Mining subindustry, Southern Palladium'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.
Southern Palladium Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Southern Palladium's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Southern Palladium'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.
Southern Palladium'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.
Southern Palladium (ASX:SPD) has a Equity-to-Asset of 0.99 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Southern Palladium and its competitors. This is near median its historical median of 1.00. Over the past decade, Southern Palladium's Equity-to-Asset has ranged from 0.98 to 1.00. According to the industry distribution chart, Southern Palladium ranks #61 out of 2669 companies in the Metals & Mining industry, placing it in the top 2.3%.
Is Southern Palladium's Equity-to-Asset too high?
Southern Palladium's current Equity-to-Asset of 0.99 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 1.00. The Metals & Mining industry median Equity-to-Asset is 0.79. Southern Palladium's value of 0.99 is 25.3% above this industry median. Based on the distribution chart, Southern Palladium ranks #61 out of 2669 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Southern Palladium has a GF Score™ of 34/100, reflecting its overall financial health beyond just this single metric.
How does Southern Palladium's Equity-to-Asset compare to HL?
According to the Metals & Mining industry distribution chart, Southern Palladium ranks #61 out of 2669 companies for Equity-to-Asset. This places Southern Palladium in the top 2% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.79. Southern Palladium's value of 0.99 is 25.3% above this benchmark. Historically, Southern Palladium's own Equity-to-Asset has ranged from 0.98 to 1.00 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.79, Southern Palladium 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. Southern Palladium's current Equity-to-Asset of 0.99 is 25.3% 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 Southern Palladium 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. Southern Palladium's current Equity-to-Asset is 0.99, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Palladium stock overvalued right now?
Southern Palladium (ASX:SPD) has a current Equity-to-Asset of 0.99. The current Equity-to-Asset is 0.99, which is near median its 10-year median of 1.00 and 25.3% above the Metals & Mining industry median of 0.79. Southern Palladium's overall GF Score™ is 34/100 with 1 warning sign 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 Southern Palladium (ASX:SPD), the current Equity-to-Asset is 0.99 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.
Southern Palladium Ltd is an Australian mining and exploration company focused on the acquisition and development of platinum group metal (PGM) projects. Its primary asset is a majority interest in the Bengwenyama project in South Africa, which hosts palladium, rhodium, platinum, and other PGMs. These metals are used in various industrial applications, including automotive catalytic converters and clean energy technologies. The company generates revenue through the exploration, development, and eventual production of these metals, serving markets in various countries. The majority of the income generated is through interest income. Its operations mainly target PGM projects in South Africa.
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