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WestStar IndustrialASX:WSI Equity-to-Asset is 0.37 as of Dec. 2025, which is 12% above its 10-year median of 0.33. The stock has 4 warning signs investors should review. Among 1,789 Construction companies, WestStar Industrial ranks worse than 63% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. WestStar Industrial's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$28.5 Mil. WestStar Industrial's Total Assets for the quarter that ended in Dec. 2025 was A$77.4 Mil.
Therefore, WestStar Industrial's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.37.
The historical rank and industry rank for WestStar Industrial's Equity-to-Asset or its related term are showing as below:
ASX:WSI'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.43 Med: 0.33 Max: 0.51
Current: 0.37
During the past 13 years, the highest Equity to Asset Ratio of WestStar Industrial was 0.51. The lowest was -0.43. And the median was 0.33.
ASX:WSI's Equity-to-Asset is ranked worse than 63% of 1789
companies
in the Construction industry
Industry Median: 0.45
vs ASX:WSI: 0.37
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%.
WestStar Industrial Equity-to-Asset Related Terms
WestStar Industrial Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for WestStar Industrial'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:WSI vs PWR, FIX, EME: Equity-to-Asset Comparison
For the Engineering & Construction subindustry, WestStar Industrial'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.
WestStar Industrial Equity-to-Asset vs Construction Industry
For the Construction industry and Industrials sector, WestStar Industrial's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where WestStar Industrial'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.
WestStar Industrial'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.
WestStar Industrial (ASX:WSI) has a Equity-to-Asset of 0.37 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on WestStar Industrial and its competitors. This is 12% above median its historical median of 0.33. According to the industry distribution chart, WestStar Industrial ranks #1127 out of 1789 companies in the Construction industry, placing it in the top 63%.
Is WestStar Industrial's Equity-to-Asset too high?
WestStar Industrial's current Equity-to-Asset of 0.37 is 12% above median its 10-year median of 0.33. The Construction industry median Equity-to-Asset is 0.45. WestStar Industrial's value of 0.37 is 17.8% below this industry median. Based on the distribution chart, WestStar Industrial ranks #1127 out of 1789 companies in the Construction industry, which is below the industry midpoint.
How does WestStar Industrial's Equity-to-Asset compare to PWR and FIX?
According to the Construction industry distribution chart, WestStar Industrial ranks #1127 out of 1789 companies for Equity-to-Asset. This places WestStar Industrial in the lower half of its industry. The industry median Equity-to-Asset is 0.45. WestStar Industrial's value of 0.37 is 17.8% below this benchmark. While the company's 10-year median is 0.33 vs. the industry median of 0.45, WestStar Industrial has consistently been below 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 Construction company?
The median Equity-to-Asset among Construction companies is 0.45, based on 1,789 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. WestStar Industrial's current Equity-to-Asset of 0.37 is 17.8% below 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 WestStar Industrial and its competitors. For the Construction industry, the median Equity-to-Asset is 0.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WestStar Industrial's current Equity-to-Asset is 0.37, which is 12% above median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WestStar Industrial stock overvalued right now?
Based on GuruFocus' analysis, WestStar Industrial (ASX:WSI) is currently considered Fairly Valued. The stock's GF Value™ is A$0.05, compared to a current price of A$0.05 — trading 6% above its estimated fair value. The current Equity-to-Asset is 0.37, which is 12% above median its 10-year median of 0.33 and 17.8% below the Construction industry median of 0.45. 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 WestStar Industrial (ASX:WSI), the current Equity-to-Asset is 0.37 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.
WestStar Industrial Ltd is an Australian company offering industrial project solutions in engineering, fabrication, construction, and maintenance across sectors such as resources, energy, oil and gas, petrochemical, water, marine, defence, and infrastructure. The company operates through three segments: SIMPEC, Alltype Engineering, and Watmar Engineering. SIMPEC specializes in structural, mechanical, piping, electrical, and instrumentation contracting. Alltype Engineering provides workshop services, site installation, construction, and maintenance across various industries. Watmar Engineering focuses on fluid systems engineering for the defence and marine sectors. The majority of the company's revenue is generated from the Alltype segment.
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