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Athabasca OilATHOF +1.49%70 Equity-to-Asset is 0.69 as of Mar. 2026, which is 3% above its 10-year median of 0.67. GuruFocus rates ATHOF with a GF Score™ of 70/100 and a GF Value™ of $4.61 (Significantly Overvalued). The stock has 1 warning sign investors should review. Among 1,025 Oil & Gas companies, Athabasca Oil ranks better than 73.95% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Athabasca Oil's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,346 Mil. Athabasca Oil's Total Assets for the quarter that ended in Mar. 2026 was $1,948 Mil.
Therefore, Athabasca Oil's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.69.
The historical rank and industry rank for Athabasca Oil's Equity-to-Asset or its related term are showing as below:
ATHOF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.36 Med: 0.67 Max: 0.78
Current: 0.69
During the past 13 years, the highest Equity to Asset Ratio of Athabasca Oil was 0.78. The lowest was 0.36. And the median was 0.67.
ATHOF's Equity-to-Asset is ranked better than 73.95% of 1025
companies
in the Oil & Gas industry
Industry Median: 0.49
vs ATHOF: 0.69
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%.
Athabasca Oil Equity-to-Asset Related Terms
Athabasca Oil Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Athabasca Oil'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.
ATHOF vs COP, EOG, FANG: Equity-to-Asset Comparison
For the Oil & Gas E&P subindustry, Athabasca Oil'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.
Athabasca Oil Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Athabasca Oil's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Athabasca Oil'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.
Athabasca Oil's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
Athabasca Oil (ATHOF) has a Equity-to-Asset of 0.69 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Athabasca Oil and its competitors. This is near median its historical median of 0.67. Over the past decade, Athabasca Oil's Equity-to-Asset has ranged from 0.36 to 0.78. According to the industry distribution chart, Athabasca Oil ranks #267 out of 1025 companies in the Oil & Gas industry, placing it in the top 26%.
Is Athabasca Oil's Equity-to-Asset too high?
Athabasca Oil's current Equity-to-Asset of 0.69 is near median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.36 to a high of 0.78. The Oil & Gas industry median Equity-to-Asset is 0.49. Athabasca Oil's value of 0.69 is 40.8% above this industry median. Based on the distribution chart, Athabasca Oil ranks #267 out of 1025 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Athabasca Oil has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Athabasca Oil's Equity-to-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Athabasca Oil ranks #267 out of 1025 companies for Equity-to-Asset. This puts Athabasca Oil in the upper half of its industry. The industry median Equity-to-Asset is 0.49. Athabasca Oil's value of 0.69 is 40.8% above this benchmark. Historically, Athabasca Oil's own Equity-to-Asset has ranged from 0.36 to 0.78 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.49, Athabasca Oil 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 Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,025 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. Athabasca Oil's current Equity-to-Asset of 0.69 is 40.8% 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 Athabasca Oil and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Athabasca Oil's current Equity-to-Asset is 0.69, which is near median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Athabasca Oil stock overvalued right now?
Based on GuruFocus' analysis, Athabasca Oil (ATHOF) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.61, compared to a current price of $7.69 — trading 66.8% above its estimated fair value. The current Equity-to-Asset is 0.69, which is near median its 10-year median of 0.67 and 40.8% above the Oil & Gas industry median of 0.49. Athabasca Oil's overall GF Score™ is 70/100 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 Athabasca Oil (ATHOF), the current Equity-to-Asset is 0.69 as of Mar. 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.
Is Athabasca Oil (ATHOF) Overvalued in 2026?
Based on GuruFocus' analysis, Athabasca Oil stock appears to be overvalued.
The current stock price of $7.69 is trading 66.8% above its estimated GF Value™ of $4.61.
GuruFocus considers Athabasca Oil to be Significantly Overvalued.
Key valuation signals for ATHOF:
Equity-to-Asset: 0.69 (near median its 10-year median of 0.67)
GF Value™: $4.61 vs. price of $7.69 (66.8% above fair value)
Industry Position: 40.8% above the Oil & Gas median (#267 of 1025)
No single metric tells the full story. See the ATHOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Athabasca Oil Corp is an exploration and production company developing Thermal Oil and Light Oil resources in the Western Canadian Sedimentary Basin located in Alberta, Canada. It operates through two segments: Athabasca (Thermal Oil), focused on bitumen production from oil sands in the Athabasca region of Northern Alberta, and Duvernay Energy, focused on the production of light and medium crude oil, tight oil, natural gas, shale gas, and natural gas liquids in the Greater Kaybob area near Fox Creek, Alberta. The majority of its revenue is derived from petroleum, natural gas, and midstream sales through the Athabasca segment.
70GF Score
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