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BSP:CSMG3's Equity-to-Asset is ranked better than 62.85% of 506
companies
in the Utilities - Regulated industry
Industry Median: 0.36
vs BSP:CSMG3: 0.42
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) 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%.
Compania deneamento de Minas Gerais - COPASA MG Equity-to-Asset Related Terms
Compania deneamento de Minas Gerais - COPASA MG Equity-to-Asset Historical Data
* 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.
Compania deneamento de Minas Gerais - COPASA MG Equity-to-Asset Chart
Compania deneamento de Minas Gerais - COPASA MG Annual Data
BSP:CSMG3 vs AWK, WTRG, AWR: Equity-to-Asset Comparison
For the Utilities - Regulated Water subindustry, Compania deneamento de Minas Gerais - COPASA MG'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.
Compania deneamento de Minas Gerais - COPASA MG Equity-to-Asset vs Utilities - Regulated Industry
Compania deneamento de Minas Gerais - COPASA MG 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.
* 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.
Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) has a Equity-to-Asset of 0.42 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Compania deneamento de Minas Gerais - COPASA MG and its competitors. This is 25% below median its historical median of 0.56. Over the past decade, Compania deneamento de Minas Gerais - COPASA MG's Equity-to-Asset has ranged from 0.41 to 0.59. According to the industry distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #188 out of 506 companies in the Utilities - Regulated industry, placing it in the top 37.2%.
Is Compania deneamento de Minas Gerais - COPASA MG's Equity-to-Asset too high?
Compania deneamento de Minas Gerais - COPASA MG's current Equity-to-Asset of 0.42 is 25% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.59. The Utilities - Regulated industry median Equity-to-Asset is 0.36. Compania deneamento de Minas Gerais - COPASA MG's value of 0.42 is 16.7% above this industry median. Based on the distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #188 out of 506 companies in the Utilities - Regulated industry, which is above the industry midpoint. Overall, Compania deneamento de Minas Gerais - COPASA MG has a GF Score™ of 81/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Compania deneamento de Minas Gerais - COPASA MG's Equity-to-Asset compare to AWK and WTRG?
According to the Utilities - Regulated industry distribution chart, Compania deneamento de Minas Gerais - COPASA MG ranks #188 out of 506 companies for Equity-to-Asset. This puts Compania deneamento de Minas Gerais - COPASA MG in the upper half of its industry. The industry median Equity-to-Asset is 0.36. Compania deneamento de Minas Gerais - COPASA MG's value of 0.42 is 16.7% above this benchmark. Historically, Compania deneamento de Minas Gerais - COPASA MG's own Equity-to-Asset has ranged from 0.41 to 0.59 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.36, Compania deneamento de Minas Gerais - COPASA MG 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 Utilities - Regulated company?
The median Equity-to-Asset among Utilities - Regulated companies is 0.36, based on 506 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. Compania deneamento de Minas Gerais - COPASA MG's current Equity-to-Asset of 0.42 is 16.7% 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 Compania deneamento de Minas Gerais - COPASA MG and its competitors. For the Utilities - Regulated industry, the median Equity-to-Asset is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Compania deneamento de Minas Gerais - COPASA MG's current Equity-to-Asset is 0.42, which is 25% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Compania deneamento de Minas Gerais - COPASA MG stock overvalued right now?
Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) is currently considered Significantly Overvalued. The stock's GF Value™ is R$25.88, compared to a current price of R$53.85 — trading 108.1% above its estimated fair value. The current Equity-to-Asset is 0.42, which is 25% below median its 10-year median of 0.56 and 16.7% above the Utilities - Regulated industry median of 0.36. Compania deneamento de Minas Gerais - COPASA MG's overall GF Score™ is 81/100 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 Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3), the current Equity-to-Asset is 0.42 as of Jun. 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 Compania deneamento de Minas Gerais - COPASA MG (BSP:CSMG3) Overvalued in 2026?
Based on GuruFocus' analysis, Compania deneamento de Minas Gerais - COPASA MG stock appears to be overvalued.
The current stock price of R$53.85 is trading 108.1% above its estimated GF Value™ of R$25.88.
GuruFocus considers Compania deneamento de Minas Gerais - COPASA MG to be Significantly Overvalued.
Key valuation signals for BSP:CSMG3:
Equity-to-Asset: 0.42 (25% below median its 10-year median of 0.56)
GF Value™: R$25.88 vs. price of R$53.85 (108.1% above fair value)
Industry Position: 16.7% above the Utilities - Regulated median (#188 of 506)
No single metric tells the full story. See the BSP:CSMG3 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Compania de Saneamento de Minas Gerais - COPASA MG provides water supply, sewage, and solid waste services. The company operates out of subsidiaries COPASA Servicos de Irrigacao S.A., COPASA Aguas Minerais de Minas S.A, and COPANOR. COPASA Servicos de Irrigacao S.A. manages, performs, and sells irrigation system services. COPASA Aguas Minerais de Minas S.A. produces, bottles, distributes, and sells mineral water. COPANOR provides water supply and sewage treatment services across the North and Northeast regions of the State of Minas Gerais. A majority of revenue is derived from water services while the rest is derived from sewage services. The company operates out of Brazil, where an amount of revenue is generated.
81GF Score
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