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BlueScope SteelBLSFY 76 Equity-to-Asset is 0.68 as of Dec. 2025, which is 15% above its 10-year median of 0.59. GuruFocus rates BLSFY with a GF Score™ of 76/100 and a GF Value™ of $69.52 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 635 Steel companies, BlueScope Steel ranks better than 71.02% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. BlueScope Steel's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $7,164 Mil. BlueScope Steel's Total Assets for the quarter that ended in Dec. 2025 was $10,487 Mil.
Therefore, BlueScope Steel's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.68.
The historical rank and industry rank for BlueScope Steel's Equity-to-Asset or its related term are showing as below:
BLSFY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49 Med: 0.59 Max: 0.7
Current: 0.68
During the past 13 years, the highest Equity to Asset Ratio of BlueScope Steel was 0.70. The lowest was 0.49. And the median was 0.59.
BLSFY's Equity-to-Asset is ranked better than 71.02% of 635
companies
in the Steel industry
Industry Median: 0.54
vs BLSFY: 0.68
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%.
BlueScope Steel Equity-to-Asset Related Terms
BlueScope Steel Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for BlueScope Steel'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.
BLSFY vs NUE, STLD, RS: Equity-to-Asset Comparison
For the Steel subindustry, BlueScope Steel'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.
BlueScope Steel Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, BlueScope Steel's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where BlueScope Steel'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.
BlueScope Steel'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.
BlueScope Steel (BLSFY) has a Equity-to-Asset of 0.68 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on BlueScope Steel and its competitors. This is 15% above median its historical median of 0.59. Over the past decade, BlueScope Steel's Equity-to-Asset has ranged from 0.49 to 0.70. According to the industry distribution chart, BlueScope Steel ranks #184 out of 635 companies in the Steel industry, placing it in the top 29%.
Is BlueScope Steel's Equity-to-Asset too high?
BlueScope Steel's current Equity-to-Asset of 0.68 is 15% above median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 0.70. The Steel industry median Equity-to-Asset is 0.54. BlueScope Steel's value of 0.68 is 25.9% above this industry median. Based on the distribution chart, BlueScope Steel ranks #184 out of 635 companies in the Steel industry, which is above the industry midpoint. Overall, BlueScope Steel has a GF Score™ of 76/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BlueScope Steel's Equity-to-Asset compare to NUE and STLD?
According to the Steel industry distribution chart, BlueScope Steel ranks #184 out of 635 companies for Equity-to-Asset. This puts BlueScope Steel in the upper half of its industry. The industry median Equity-to-Asset is 0.54. BlueScope Steel's value of 0.68 is 25.9% above this benchmark. Historically, BlueScope Steel's own Equity-to-Asset has ranged from 0.49 to 0.70 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.54, BlueScope Steel 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 Steel company?
The median Equity-to-Asset among Steel companies is 0.54, based on 635 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. BlueScope Steel's current Equity-to-Asset of 0.68 is 25.9% 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 BlueScope Steel and its competitors. For the Steel industry, the median Equity-to-Asset is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BlueScope Steel's current Equity-to-Asset is 0.68, which is 15% above median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BlueScope Steel stock overvalued right now?
Based on GuruFocus' analysis, BlueScope Steel (BLSFY) is currently considered Significantly Overvalued. The stock's GF Value™ is $69.52, compared to a current price of $106.89 — trading 53.8% above its estimated fair value. The current Equity-to-Asset is 0.68, which is 15% above median its 10-year median of 0.59 and 25.9% above the Steel industry median of 0.54. BlueScope Steel's overall GF Score™ is 76/100 with 9 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 BlueScope Steel (BLSFY), the current Equity-to-Asset is 0.68 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.
Is BlueScope Steel (BLSFY) Overvalued in 2026?
Based on GuruFocus' analysis, BlueScope Steel stock appears to be overvalued.
The current stock price of $106.89 is trading 53.8% above its estimated GF Value™ of $69.52.
GuruFocus considers BlueScope Steel to be Significantly Overvalued.
Key valuation signals for BLSFY:
Equity-to-Asset: 0.68 (15% above median its 10-year median of 0.59)
GF Value™: $69.52 vs. price of $106.89 (53.8% above fair value)
Industry Position: 25.9% above the Steel median (#184 of 635)
No single metric tells the full story. See the BLSFY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
BlueScope is an Australia-based steelmaker with five business units. The Australian steel products segment mainly specializes in branded coated and painted flat steel products, sold domestically. North Star is the group's US minimill, specializing in the production of hot rolled coil for US construction and automotive sectors. Building products Asia operates across Southeast Asia, China, and India, and the US building and coated products North America is involved in metal coating and painting, and the supply to nonresidential construction projects using BlueScope's materials. New Zealand steel and the Pacific Islands business produces flat and long steel products for New Zealand and building components for the Pacific Islands.
76GF 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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