Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
DHT HoldingsDHT +0.69%55 Equity-to-Asset is 0.69 as of Mar. 2026, which is 6% above its 10-year median of 0.65. GuruFocus rates DHT with a GF Score™ of 55/100 and a GF Value™ of $12.27 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,024 Oil & Gas companies, DHT Holdings ranks better than 73.93% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. DHT Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,232.7 Mil. DHT Holdings's Total Assets for the quarter that ended in Mar. 2026 was $1,785.1 Mil.
Therefore, DHT Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.69.
The historical rank and industry rank for DHT Holdings's Equity-to-Asset or its related term are showing as below:
DHT'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.46 Med: 0.65 Max: 0.78
Current: 0.69
During the past 13 years, the highest Equity to Asset Ratio of DHT Holdings was 0.78. The lowest was 0.46. And the median was 0.65.
DHT's Equity-to-Asset is ranked better than 73.93% of 1024
companies
in the Oil & Gas industry
Industry Median: 0.49
vs DHT: 0.69
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%.
DHT Holdings Equity-to-Asset Related Terms
DHT Holdings Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for DHT Holdings'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.
DHT vs TNK, SUNC, STNG: Equity-to-Asset Comparison
For the Oil & Gas Midstream subindustry, DHT Holdings'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.
DHT Holdings Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, DHT Holdings's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where DHT Holdings'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.
DHT Holdings'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.
DHT Holdings (DHT) has a Equity-to-Asset of 0.69 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on DHT Holdings and its competitors. This is near median its historical median of 0.65. Over the past decade, DHT Holdings' Equity-to-Asset has ranged from 0.46 to 0.78. According to the industry distribution chart, DHT Holdings ranks #267 out of 1024 companies in the Oil & Gas industry, placing it in the top 26.1%.
Is DHT Holdings' Equity-to-Asset too high?
DHT Holdings' current Equity-to-Asset of 0.69 is near median its 10-year median of 0.65. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.78. The Oil & Gas industry median Equity-to-Asset is 0.49. DHT Holdings' value of 0.69 is 40.8% above this industry median. Based on the distribution chart, DHT Holdings ranks #267 out of 1024 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, DHT Holdings has a GF Score™ of 55/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does DHT Holdings' Equity-to-Asset compare to TNK and SUNC?
According to the Oil & Gas industry distribution chart, DHT Holdings ranks #267 out of 1024 companies for Equity-to-Asset. This puts DHT Holdings in the upper half of its industry. The industry median Equity-to-Asset is 0.49. DHT Holdings' value of 0.69 is 40.8% above this benchmark. Historically, DHT Holdings' own Equity-to-Asset has ranged from 0.46 to 0.78 over the past decade. While the company's 10-year median is 0.65 vs. the industry median of 0.49, DHT Holdings 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 Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,024 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. DHT Holdings's current Equity-to-Asset of 0.69 is 40.8% 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 DHT Holdings 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. DHT Holdings's current Equity-to-Asset is 0.69, which is near median its own 10-year median of 0.65. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DHT Holdings stock overvalued right now?
Based on GuruFocus' analysis, DHT Holdings (DHT) is currently considered Significantly Overvalued. The stock's GF Value™ is $12.27, compared to a current price of $18.14 — trading 47.8% above its estimated fair value. The current Equity-to-Asset is 0.69, which is near median its 10-year median of 0.65 and 40.8% above the Oil & Gas industry median of 0.49. DHT Holdings' overall GF Score™ is 55/100 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 DHT Holdings (DHT), the current Equity-to-Asset is 0.69 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 DHT Holdings (DHT) Overvalued in 2026?
Based on GuruFocus' analysis, DHT Holdings stock appears to be overvalued.
The current stock price of $18.14 is trading 47.8% above its estimated GF Value™ of $12.27.
GuruFocus considers DHT Holdings to be Significantly Overvalued.
Key valuation signals for DHT:
Equity-to-Asset: 0.69 (near median its 10-year median of 0.65)
GF Value™: $12.27 vs. price of $18.14 (47.8% above fair value)
Industry Position: 40.8% above the Oil & Gas median (#267 of 1024)
No single metric tells the full story. See the DHT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
DHT Holdings Inc is a crude oil tanker company. The company's primary business is operating a fleet of crude oil tankers, with a secondary activity of providing technical management services. Its fleet trades internationally and consists of VLCC crude oil tankers. The group generates revenues from time charter and spot market operations. It operates vessels through its subsidiary management companies in Monaco, Norway, Singapore, and India. The company generates the majority of its revenue from Voyage charter revenues.
55GF Score
Get the complete analysis for DHT
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DHT has been successfully added to your 
