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Energy Resources of AustraliaEGRAY -96.25% Equity-to-Asset is -1.26 as of Jun. 2026. The stock has 2 warning signs investors should review. Among 186 Other Energy Sources companies, Energy Resources of Australia ranks worse than 98.92% on this metric.
Energy Resources of Australia (OTCPK:EGRAY) 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%.
Energy Resources of Australia Equity-to-Asset Related Terms
Energy Resources of Australia 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.
Energy Resources of Australia Equity-to-Asset Chart
For the Uranium subindustry, Energy Resources of Australia'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.
Energy Resources of Australia Equity-to-Asset vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Energy Resources of Australia's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Energy Resources of Australia's Equity-to-Asset falls into.
Energy Resources of Australia 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.
Energy Resources of Australia (EGRAY) has a Equity-to-Asset of -1.26 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Energy Resources of Australia and its competitors. According to the industry distribution chart, Energy Resources of Australia ranks #184 out of 186 companies in the Other Energy Sources industry, placing it in the top 98.9%.
Is Energy Resources of Australia's Equity-to-Asset too high?
Energy Resources of Australia's current Equity-to-Asset is -1.26. Based on the distribution chart, Energy Resources of Australia ranks #184 out of 186 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers.
How does Energy Resources of Australia's Equity-to-Asset compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Energy Resources of Australia ranks #184 out of 186 companies for Equity-to-Asset. This places Energy Resources of Australia in the lower half of its industry. The industry median Equity-to-Asset is 0.59. 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 Other Energy Sources company?
The median Equity-to-Asset among Other Energy Sources companies is 0.59, based on 186 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. 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 Energy Resources of Australia and its competitors. For the Other Energy Sources industry, the median Equity-to-Asset is 0.59 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Resources of Australia's current Equity-to-Asset is -1.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Resources of Australia stock overvalued right now?
Energy Resources of Australia (EGRAY) has a current Equity-to-Asset of -1.26. The current Equity-to-Asset is -1.26. 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 Energy Resources of Australia (EGRAY), the current Equity-to-Asset is -1.26 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.
Energy Resources of Australia Ltd (ERA) is a uranium mining company based in Australia. It is currently focused on the site rehabilitation of the Ranger Project Area.
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