White Energy Co (ASX:WEC) Equity-to-Asset: -0.01 (As of Dec. 2025)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ASX:WEC White Energy Co Ltd ASX:WEC
18 GF Score
Price A$0.18
! 6 Warning Signs
View Full Analysis

What is White Energy Co Equity-to-Asset?

White Energy Co ASX:WEC -4.11% 18 Equity-to-Asset is -0.01 as of Dec. 2025. GuruFocus rates ASX:WEC with a GF Score™ of 18/100. The stock has 6 warning signs investors should review. Among 186 Other Energy Sources companies, White Energy Co ranks worse than 96.24% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. White Energy Co's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$-0.20 Mil. White Energy Co's Total Assets for the quarter that ended in Dec. 2025 was A$16.49 Mil.

The historical rank and industry rank for White Energy Co's Equity-to-Asset or its related term are showing as below:

ASX:WEC' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.49   Med: 0.14   Max: 0.53
Current: -0.01

During the past 13 years, the highest Equity to Asset Ratio of White Energy Co was 0.53. The lowest was -0.49. And the median was 0.14.

ASX:WEC's Equity-to-Asset is ranked worse than
96.24% of 186 companies
in the Other Energy Sources industry
Industry Median: 0.6 vs ASX:WEC: -0.01

White Energy Co  (ASX:WEC) 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%.


White Energy Co Equity-to-Asset Related Terms


White Energy Co Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for White Energy Co'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.

White Energy Co Equity-to-Asset Chart

White Energy Co Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.18 -0.29 -0.49 -0.19 -0.13

White Energy Co Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -0.34 -0.19 -0.45 -0.13 -0.01

White Energy Co Equity-to-Asset Competitor Comparison

For the Thermal Coal subindustry, White Energy Co'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.


White Energy Co Equity-to-Asset vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, White Energy Co's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where White Energy Co's Equity-to-Asset falls into.


ASX:WEC
18GF Score
White Energy Co Ltd ASX:WEC
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

White Energy Co 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.

White Energy Co's Equity to Asset Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Equity to Asset (A: Jun. 2025 )=Total Stockholders Equity/Total Assets
=-1.693/12.92
=

White Energy Co's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=-0.198/16.486
=

* 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 -0.01 mean?
White Energy Co (ASX:WEC) has a Equity-to-Asset of -0.01 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on White Energy Co and its competitors. According to the industry distribution chart, White Energy Co ranks #179 out of 186 companies in the Other Energy Sources industry, placing it in the top 96.2%.
Is White Energy Co's Equity-to-Asset too high?
White Energy Co's current Equity-to-Asset is -0.01. Based on the distribution chart, White Energy Co ranks #179 out of 186 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, White Energy Co has a GF Score™ of 18/100, reflecting its overall financial health beyond just this single metric.
How does White Energy Co's Equity-to-Asset compare to competitors?
According to the Other Energy Sources industry distribution chart, White Energy Co ranks #179 out of 186 companies for Equity-to-Asset. This places White Energy Co in the lower half of its industry. The industry median Equity-to-Asset is 0.60. 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. 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 White Energy Co 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. White Energy Co's current Equity-to-Asset is -0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is White Energy Co stock overvalued right now?
White Energy Co (ASX:WEC) has a current Equity-to-Asset of -0.01. The current Equity-to-Asset is -0.01. White Energy Co's overall GF Score™ is 18/100 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 White Energy Co (ASX:WEC), the current Equity-to-Asset is -0.01 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.

White Energy Co Business Description

Other Exchanges WECFF:USAXPK:Germany
Address 76 Skyring Terrace, Level 2, Lobby 1, Newstead, QLD, AUS, 4006
White Energy Co Ltd engages in the development and exploitation of coal technology. It operates through two main business segments: coal technology and mining exploration. The coal technology segment holds an exclusive license for a binderless coal briquetting process that upgrades lower-quality coal into higher-value briquettes suitable for power generation. The mining exploration segment focuses on exploring mineral deposits such as copper, gold, and rare earth elements across various regions in Australia. The company generates maximum revenue from the Coal Technology in Australia segment. White Energy emphasizes innovation through the use of geochemical and geophysical techniques in mineral exploration.
18GF Score

Get the complete analysis for ASX:WEC

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.18
Price