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Canaf InvestmentsCAFZF 57 Equity-to-Asset is 0.83 as of Apr. 2026, which is 14% above its 10-year median of 0.73. GuruFocus rates CAFZF with a GF Score™ of 57/100 and a GF Value™ of $0.17 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 633 Steel companies, Canaf Investments ranks better than 87.52% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Canaf Investments's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $11.48 Mil. Canaf Investments's Total Assets for the quarter that ended in Apr. 2026 was $13.79 Mil.
Therefore, Canaf Investments's Equity to Asset Ratio for the quarter that ended in Apr. 2026 was 0.83.
The historical rank and industry rank for Canaf Investments's Equity-to-Asset or its related term are showing as below:
CAFZF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.73 Max: 0.85
Current: 0.83
During the past 13 years, the highest Equity to Asset Ratio of Canaf Investments was 0.85. The lowest was 0.44. And the median was 0.73.
CAFZF's Equity-to-Asset is ranked better than 87.52% of 633
companies
in the Steel industry
Industry Median: 0.54
vs CAFZF: 0.83
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%.
Canaf Investments Equity-to-Asset Related Terms
Canaf Investments Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Canaf Investments'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.
CAFZF vs HCC, AMR, SXC: Equity-to-Asset Comparison
For the Coking Coal subindustry, Canaf Investments'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.
Canaf Investments Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Canaf Investments's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Canaf Investments'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.
Canaf Investments's Equity to Asset Ratio for the fiscal year that ended in Oct. 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.
Canaf Investments (CAFZF) has a Equity-to-Asset of 0.83 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Canaf Investments and its competitors. This is 14% above median its historical median of 0.73. Over the past decade, Canaf Investments' Equity-to-Asset has ranged from 0.44 to 0.85. According to the industry distribution chart, Canaf Investments ranks #79 out of 633 companies in the Steel industry, placing it in the top 12.5%.
Is Canaf Investments' Equity-to-Asset too high?
Canaf Investments' current Equity-to-Asset of 0.83 is 14% above median its 10-year median of 0.73. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.85. The Steel industry median Equity-to-Asset is 0.54. Canaf Investments' value of 0.83 is 53.7% above this industry median. Based on the distribution chart, Canaf Investments ranks #79 out of 633 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Canaf Investments has a GF Score™ of 57/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Canaf Investments' Equity-to-Asset compare to HCC and AMR?
According to the Steel industry distribution chart, Canaf Investments ranks #79 out of 633 companies for Equity-to-Asset. This places Canaf Investments in the top 13% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.54. Canaf Investments' value of 0.83 is 53.7% above this benchmark. Historically, Canaf Investments' own Equity-to-Asset has ranged from 0.44 to 0.85 over the past decade. While the company's 10-year median is 0.73 vs. the industry median of 0.54, Canaf Investments 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 633 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. Canaf Investments's current Equity-to-Asset of 0.83 is 53.7% 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 Canaf Investments 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. Canaf Investments's current Equity-to-Asset is 0.83, which is 14% above median its own 10-year median of 0.73. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canaf Investments stock overvalued right now?
Based on GuruFocus' analysis, Canaf Investments (CAFZF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.17, compared to a current price of $0.23 — trading 32.4% above its estimated fair value. The current Equity-to-Asset is 0.83, which is 14% above median its 10-year median of 0.73 and 53.7% above the Steel industry median of 0.54. Canaf Investments' overall GF Score™ is 57/100 with 2 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 Canaf Investments (CAFZF), the current Equity-to-Asset is 0.83 as of Apr. 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 Canaf Investments (CAFZF) Overvalued in 2026?
Based on GuruFocus' analysis, Canaf Investments stock appears to be overvalued.
The current stock price of $0.23 is trading 32.4% above its estimated GF Value™ of $0.17.
GuruFocus considers Canaf Investments to be Significantly Overvalued.
Key valuation signals for CAFZF:
Equity-to-Asset: 0.83 (14% above median its 10-year median of 0.73)
GF Value™: $0.17 vs. price of $0.23 (32.4% above fair value)
Industry Position: 53.7% above the Steel median (#79 of 633)
No single metric tells the full story. See the CAFZF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Canaf Investments Inc is a Canadian company that owns and operates a coal processing plant in South Africa that processes coal and coal products into calcine, a coke substitute with high carbon content. The company, through its subsidiaries, produces calcined anthracite used in the manufacturing process of steel and manganese. The company operates in two reportable segments: head office operations in Canada and the coal processing business in South Africa, out of which the majority of revenue comes from South Africa.
57GF Score
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