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Afriquia GazCAS:GAZ -0.38%85 Equity-to-Asset is 0.37 as of Dec. 2025, which is 9% above its 10-year median of 0.34. GuruFocus rates CAS:GAZ with a GF Score™ of 85/100 and a GF Value™ of MAD4,396.14 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 1,033 Oil & Gas companies, Afriquia Gaz ranks worse than 63.89% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Afriquia Gaz's Total Stockholders Equity for the quarter that ended in Dec. 2025 was MAD3,387 Mil. Afriquia Gaz's Total Assets for the quarter that ended in Dec. 2025 was MAD9,256 Mil.
Therefore, Afriquia Gaz's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.37.
The historical rank and industry rank for Afriquia Gaz's Equity-to-Asset or its related term are showing as below:
CAS:GAZ'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.34 Max: 0.4
Current: 0.37
During the past 13 years, the highest Equity to Asset Ratio of Afriquia Gaz was 0.40. The lowest was 0.30. And the median was 0.34.
CAS:GAZ's Equity-to-Asset is ranked worse than 63.89% of 1033
companies
in the Oil & Gas industry
Industry Median: 0.49
vs CAS:GAZ: 0.37
Afriquia Gaz (CAS:GAZ) 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%.
Afriquia Gaz Equity-to-Asset Related Terms
Afriquia Gaz Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Afriquia Gaz'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.
CAS:GAZ vs MPC, VLO, PSX: Equity-to-Asset Comparison
For the Oil & Gas Refining & Marketing subindustry, Afriquia Gaz'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.
Afriquia Gaz Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Afriquia Gaz's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Afriquia Gaz'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.
Afriquia Gaz'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.
Afriquia Gaz (CAS:GAZ) has a Equity-to-Asset of 0.37 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Afriquia Gaz and its competitors. This is near median its historical median of 0.34. Over the past decade, Afriquia Gaz's Equity-to-Asset has ranged from 0.30 to 0.40. According to the industry distribution chart, Afriquia Gaz ranks #660 out of 1033 companies in the Oil & Gas industry, placing it in the top 63.9%.
Is Afriquia Gaz's Equity-to-Asset too high?
Afriquia Gaz's current Equity-to-Asset of 0.37 is near median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.40. The Oil & Gas industry median Equity-to-Asset is 0.49. Afriquia Gaz's value of 0.37 is 24.5% below this industry median. Based on the distribution chart, Afriquia Gaz ranks #660 out of 1033 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Afriquia Gaz has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Afriquia Gaz's Equity-to-Asset compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Afriquia Gaz ranks #660 out of 1033 companies for Equity-to-Asset. This places Afriquia Gaz in the lower half of its industry. The industry median Equity-to-Asset is 0.49. Afriquia Gaz's value of 0.37 is 24.5% below this benchmark. Historically, Afriquia Gaz's own Equity-to-Asset has ranged from 0.30 to 0.40 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.49, Afriquia Gaz 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 an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,033 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. Afriquia Gaz's current Equity-to-Asset of 0.37 is 24.5% 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 Afriquia Gaz 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. Afriquia Gaz's current Equity-to-Asset is 0.37, which is near median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Afriquia Gaz stock overvalued right now?
Based on GuruFocus' analysis, Afriquia Gaz (CAS:GAZ) is currently considered Modestly Undervalued. The stock's GF Value™ is MAD4,396.14, compared to a current price of MAD3,686.00 — trading 16.2% below its estimated fair value. The current Equity-to-Asset is 0.37, which is near median its 10-year median of 0.34 and 24.5% below the Oil & Gas industry median of 0.49. Afriquia Gaz's overall GF Score™ is 85/100 with 5 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 Afriquia Gaz (CAS:GAZ), the current Equity-to-Asset is 0.37 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 Afriquia Gaz (CAS:GAZ) Overvalued in 2026?
Based on GuruFocus' analysis, Afriquia Gaz stock appears to be undervalued.
The current stock price of MAD3,686.00 is trading 16.2% below its estimated GF Value™ of MAD4,396.14.
GuruFocus considers Afriquia Gaz to be Modestly Undervalued.
Key valuation signals for CAS:GAZ:
Equity-to-Asset: 0.37 (near median its 10-year median of 0.34)
GF Value™: MAD4,396.14 vs. price of MAD3,686.00 (16.2% below fair value)
Industry Position: 24.5% below the Oil & Gas median (#660 of 1033)
No single metric tells the full story. See the CAS:GAZ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Afriquia Gaz is a Morocco-based company engaged in the business of distributing liquefied petroleum gas (LPG) such as butane, propane and its by-products. The company is also involved in the import, export, trade, refining, storage, stocking, transportation, deposit and administration of LPG. It markets its products under five brands namely Afriquia Gaz, Tissir Gaz, Campingaz, Ultragaz and National Gaz.
85GF Score
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