Southern Cross Gold Consolidated (ASX:SX2) Equity-to-Asset: 0.98 (As of Feb. 2026) — Near Median

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ASX:SX2 Southern Cross Gold Consolidated Ltd ASX:SX2
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What is Southern Cross Gold Consolidated Equity-to-Asset?

Southern Cross Gold Consolidated ASX:SX2 -0.88% 10 Equity-to-Asset is 0.98 as of Feb. 2026, which is at its 10-year median of 0.98. GuruFocus rates ASX:SX2 with a GF Score™ of 10/100. The stock has 2 warning signs investors should review. Among 2,671 Metals & Mining companies, Southern Cross Gold Consolidated ranks better than 93.37% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Southern Cross Gold Consolidated's Total Stockholders Equity for the quarter that ended in Feb. 2026 was A$267.32 Mil. Southern Cross Gold Consolidated's Total Assets for the quarter that ended in Feb. 2026 was A$272.27 Mil.

The historical rank and industry rank for Southern Cross Gold Consolidated's Equity-to-Asset or its related term are showing as below:

ASX:SX2' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.51   Med: 0.98   Max: 0.99
Current: 0.98

During the past 13 years, the highest Equity to Asset Ratio of Southern Cross Gold Consolidated was 0.99. The lowest was 0.51. And the median was 0.98.

ASX:SX2's Equity-to-Asset is ranked better than
93.37% of 2671 companies
in the Metals & Mining industry
Industry Median: 0.8 vs ASX:SX2: 0.98

Southern Cross Gold Consolidated  (ASX:SX2) 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%.


Southern Cross Gold Consolidated Equity-to-Asset Related Terms


Southern Cross Gold Consolidated Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Southern Cross Gold Consolidated'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.

Southern Cross Gold Consolidated Equity-to-Asset Chart

Southern Cross Gold Consolidated Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.98 0.87 0.78 0.54 0.98

Southern Cross Gold Consolidated Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.98 0.98 0.99 0.98 0.98

ASX:SX2 vs NEM, AU: Equity-to-Asset Comparison

For the Gold subindustry, Southern Cross Gold Consolidated'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 Cross Gold Consolidated Equity-to-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Southern Cross Gold Consolidated's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Southern Cross Gold Consolidated's Equity-to-Asset falls into.


ASX:SX2
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Southern Cross Gold Consolidated Ltd ASX:SX2
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Southern Cross Gold Consolidated Equity-to-Asset Calculation

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 Cross Gold Consolidated's Equity to Asset Ratio for the fiscal year that ended in May. 2025 is calculated as

Equity to Asset (A: May. 2025 )=Total Stockholders Equity/Total Assets
=270.233/274.742
=

Southern Cross Gold Consolidated's Equity to Asset Ratio for the quarter that ended in Feb. 2026 is calculated as

Equity to Asset (Q: Feb. 2026 )=Total Stockholders Equity/Total Assets
=267.316/272.271
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.98 mean?
Southern Cross Gold Consolidated (ASX:SX2) has a Equity-to-Asset of 0.98 as of Feb. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Southern Cross Gold Consolidated and its competitors. This is near median its historical median of 0.98. Over the past decade, Southern Cross Gold Consolidated's Equity-to-Asset has ranged from 0.51 to 0.99. According to the industry distribution chart, Southern Cross Gold Consolidated ranks #177 out of 2671 companies in the Metals & Mining industry, placing it in the top 6.6%.
Is Southern Cross Gold Consolidated's Equity-to-Asset too high?
Southern Cross Gold Consolidated's current Equity-to-Asset of 0.98 is near median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.51 to a high of 0.99. The Metals & Mining industry median Equity-to-Asset is 0.80. Southern Cross Gold Consolidated's value of 0.98 is 22.5% above this industry median. Based on the distribution chart, Southern Cross Gold Consolidated ranks #177 out of 2671 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Southern Cross Gold Consolidated has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Southern Cross Gold Consolidated's Equity-to-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Southern Cross Gold Consolidated ranks #177 out of 2671 companies for Equity-to-Asset. This places Southern Cross Gold Consolidated in the top 7% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.80. Southern Cross Gold Consolidated's value of 0.98 is 22.5% above this benchmark. Historically, Southern Cross Gold Consolidated's own Equity-to-Asset has ranged from 0.51 to 0.99 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.80, Southern Cross Gold Consolidated 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 0.80, based on 2,671 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 Cross Gold Consolidated's current Equity-to-Asset of 0.98 is 22.5% 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 Cross Gold Consolidated and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Southern Cross Gold Consolidated's current Equity-to-Asset is 0.98, which is near median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Southern Cross Gold Consolidated stock overvalued right now?
Southern Cross Gold Consolidated (ASX:SX2) has a current Equity-to-Asset of 0.98. The current Equity-to-Asset is 0.98, which is near median its 10-year median of 0.98 and 22.5% above the Metals & Mining industry median of 0.80. Southern Cross Gold Consolidated's overall GF Score™ is 10/100 with 2 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 Southern Cross Gold Consolidated (ASX:SX2), the current Equity-to-Asset is 0.98 as of Feb. 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.

Southern Cross Gold Consolidated Business Description

Address 1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Southern Cross Gold Consolidated Ltd is a gold exploration company. The projects of the company include Sunday Creek, Redcastle, MT Isa, and others. The company is also engaged exploring in antimony in the Victorian Goldfields.
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