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BILL HoldingsBILL -4.26%75 Equity-to-Asset is 0.38 as of Mar. 2026, which is 5% below its 10-year median of 0.40. GuruFocus rates BILL with a GF Score™ of 75/100 and a GF Value™ of $66.54 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 2,892 Software companies, BILL Holdings ranks worse than 70.4% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BILL Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $3,803 Mil. BILL Holdings's Total Assets for the quarter that ended in Mar. 2026 was $10,079 Mil.
Therefore, BILL Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.38.
The historical rank and industry rank for BILL Holdings's Equity-to-Asset or its related term are showing as below:
BILL'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.1 Med: 0.4 Max: 0.48
Current: 0.38
During the past 8 years, the highest Equity to Asset Ratio of BILL Holdings was 0.48. The lowest was -0.10. And the median was 0.40.
BILL's Equity-to-Asset is ranked worse than 70.4% of 2892
companies
in the Software industry
Industry Median: 0.56
vs BILL: 0.38
BILL Holdings (NYSE:BILL) 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%.
BILL Holdings Equity-to-Asset Related Terms
BILL Holdings Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for BILL Holdings'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.
BILL vs OCTV, PEGA, SRAD: Equity-to-Asset Comparison
For the Software - Application subindustry, BILL Holdings'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.
BILL Holdings Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, BILL Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where BILL Holdings'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.
BILL Holdings'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.
BILL Holdings (BILL) has a Equity-to-Asset of 0.38 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on BILL Holdings and its competitors. This is near median its historical median of 0.40. According to the industry distribution chart, BILL Holdings ranks #2036 out of 2892 companies in the Software industry, placing it in the top 70.4%.
Is BILL Holdings' Equity-to-Asset too high?
BILL Holdings' current Equity-to-Asset of 0.38 is near median its 10-year median of 0.40. The Software industry median Equity-to-Asset is 0.56. BILL Holdings' value of 0.38 is 32.1% below this industry median. Based on the distribution chart, BILL Holdings ranks #2036 out of 2892 companies in the Software industry, which is below the industry midpoint. Overall, BILL Holdings has a GF Score™ of 75/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does BILL Holdings' Equity-to-Asset compare to OCTV and PEGA?
According to the Software industry distribution chart, BILL Holdings ranks #2036 out of 2892 companies for Equity-to-Asset. This places BILL Holdings in the lower half of its industry. The industry median Equity-to-Asset is 0.56. BILL Holdings' value of 0.38 is 32.1% below this benchmark. While the company's 10-year median is 0.40 vs. the industry median of 0.56, BILL Holdings 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 Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,892 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. BILL Holdings's current Equity-to-Asset of 0.38 is 32.1% 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 BILL Holdings and its competitors. For the Software industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BILL Holdings's current Equity-to-Asset is 0.38, which is near median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BILL Holdings stock overvalued right now?
Based on GuruFocus' analysis, BILL Holdings (BILL) is currently considered Possible Value Trap. The stock's GF Value™ is $66.54, compared to a current price of $45.39 — trading 31.8% below its estimated fair value. The current Equity-to-Asset is 0.38, which is near median its 10-year median of 0.40 and 32.1% below the Software industry median of 0.56. BILL Holdings' overall GF Score™ is 75/100 with 3 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 BILL Holdings (BILL), the current Equity-to-Asset is 0.38 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 BILL Holdings (BILL) Overvalued in 2026?
Based on GuruFocus' analysis, BILL Holdings stock appears to be undervalued.
The current stock price of $45.39 is trading 31.8% below its estimated GF Value™ of $66.54.
GuruFocus considers BILL Holdings to be Possible Value Trap.
Key valuation signals for BILL:
Equity-to-Asset: 0.38 (near median its 10-year median of 0.40)
GF Value™: $66.54 vs. price of $45.39 (31.8% below fair value)
Industry Position: 32.1% below the Software median (#2036 of 2892)
No single metric tells the full story. See the BILL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BILL Holdings Inc is a provider of software-as-a-service, cloud-based payments and spend and expense management products, which allow users to automate accounts payable and accounts receivable transactions, enable businesses to easily connect with their suppliers or customers to do business, eliminate expense reports, manage cash flows and improve back office efficiency. Initial Public Offering and Follow-on Offering.
75GF Score
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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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