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Meghna PetroleumDHA:MPETROLEUM -0.19%84 Equity-to-Asset is 0.28 as of Mar. 2026, which is 22% above its 10-year median of 0.23. GuruFocus rates DHA:MPETROLEUM with a GF Score™ of 84/100 and a GF Value™ of BDT176.89 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 1,033 Oil & Gas companies, Meghna Petroleum ranks worse than 74.44% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Meghna Petroleum's Total Stockholders Equity for the quarter that ended in Mar. 2026 was BDT32,467 Mil. Meghna Petroleum's Total Assets for the quarter that ended in Mar. 2026 was BDT115,296 Mil.
Therefore, Meghna Petroleum's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.28.
The historical rank and industry rank for Meghna Petroleum's Equity-to-Asset or its related term are showing as below:
DHA:MPETROLEUM'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.11 Med: 0.23 Max: 0.33
Current: 0.28
During the past 13 years, the highest Equity to Asset Ratio of Meghna Petroleum was 0.33. The lowest was 0.11. And the median was 0.23.
DHA:MPETROLEUM's Equity-to-Asset is ranked worse than 74.44% of 1033
companies
in the Oil & Gas industry
Industry Median: 0.5
vs DHA:MPETROLEUM: 0.28
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%.
Meghna Petroleum Equity-to-Asset Related Terms
Meghna Petroleum Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Meghna Petroleum'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.
DHA:MPETROLEUM vs MPC, VLO, PSX: Equity-to-Asset Comparison
For the Oil & Gas Refining & Marketing subindustry, Meghna Petroleum'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.
Meghna Petroleum Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Meghna Petroleum's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Meghna Petroleum'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.
Meghna Petroleum'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.
Meghna Petroleum (DHA:MPETROLEUM) has a Equity-to-Asset of 0.28 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Meghna Petroleum and its competitors. This is 22% above median its historical median of 0.23. Over the past decade, Meghna Petroleum's Equity-to-Asset has ranged from 0.11 to 0.33. According to the industry distribution chart, Meghna Petroleum ranks #769 out of 1033 companies in the Oil & Gas industry, placing it in the top 74.4%.
Is Meghna Petroleum's Equity-to-Asset too high?
Meghna Petroleum's current Equity-to-Asset of 0.28 is 22% above median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.33. The Oil & Gas industry median Equity-to-Asset is 0.50. Meghna Petroleum's value of 0.28 is 44% below this industry median. Based on the distribution chart, Meghna Petroleum ranks #769 out of 1033 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Meghna Petroleum has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meghna Petroleum's Equity-to-Asset compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Meghna Petroleum ranks #769 out of 1033 companies for Equity-to-Asset. This places Meghna Petroleum in the lower half of its industry. The industry median Equity-to-Asset is 0.50. Meghna Petroleum's value of 0.28 is 44% below this benchmark. Historically, Meghna Petroleum's own Equity-to-Asset has ranged from 0.11 to 0.33 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.50, Meghna Petroleum 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 0.50, 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. Meghna Petroleum's current Equity-to-Asset of 0.28 is 44% 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 Meghna Petroleum and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Meghna Petroleum's current Equity-to-Asset is 0.28, which is 22% above median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meghna Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Meghna Petroleum (DHA:MPETROLEUM) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT176.89, compared to a current price of BDT205.50 — trading 16.2% above its estimated fair value. The current Equity-to-Asset is 0.28, which is 22% above median its 10-year median of 0.23 and 44% below the Oil & Gas industry median of 0.50. Meghna Petroleum's overall GF Score™ is 84/100 with 7 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 Meghna Petroleum (DHA:MPETROLEUM), the current Equity-to-Asset is 0.28 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 Meghna Petroleum (DHA:MPETROLEUM) Overvalued in 2026?
Based on GuruFocus' analysis, Meghna Petroleum stock appears to be overvalued.
The current stock price of BDT205.50 is trading 16.2% above its estimated GF Value™ of BDT176.89.
GuruFocus considers Meghna Petroleum to be Modestly Overvalued.
Key valuation signals for DHA:MPETROLEUM:
Equity-to-Asset: 0.28 (22% above median its 10-year median of 0.23)
GF Value™: BDT176.89 vs. price of BDT205.50 (16.2% above fair value)
Industry Position: 44% below the Oil & Gas median (#769 of 1033)
No single metric tells the full story. See the DHA:MPETROLEUM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Meghna Petroleum Ltd is engaged in the business of petroleum oil and related products. The company is involved in the procurement, storage, and marketing of petroleum products, lubricants, oil and grease, bitumen, liquefied petroleum gas, and battery water in Bangladesh. The business has two reportable segments. The Petroleum Products segment includes the company's earnings from the marketing of petroleum products, bitumen, and LPG. The Lubricating Oil & Grease Operations segment includes the company's income from the trading of lubricating oil and grease of BP and Castrol brands. The majority of revenue comes from the Petroleum Products segment.
84GF Score
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