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NEO Battery MaterialsFRA:1BC +6.76%20 Equity-to-Asset is 0.64 as of May. 2026, which is 10% below its 10-year median of 0.71. GuruFocus rates FRA:1BC with a GF Score™ of 20/100. The stock has 2 warning signs investors should review. Among 2,680 Metals & Mining companies, NEO Battery Materials ranks worse than 63.69% on this metric.
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%.
NEO Battery Materials Equity-to-Asset Related Terms
NEO Battery Materials Equity-to-Asset Historical Data
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The historical data trend for NEO Battery Materials'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.
For the Other Industrial Metals & Mining subindustry, NEO Battery Materials'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.
NEO Battery Materials Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, NEO Battery Materials's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where NEO Battery Materials'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.
NEO Battery Materials's Equity to Asset Ratio for the fiscal year that ended in Feb. 2026 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.
NEO Battery Materials (FRA:1BC) has a Equity-to-Asset of 0.64 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on NEO Battery Materials and its competitors. This is 10% below median its historical median of 0.71. According to the industry distribution chart, NEO Battery Materials ranks #1707 out of 2680 companies in the Metals & Mining industry, placing it in the top 63.7%.
Is NEO Battery Materials' Equity-to-Asset too high?
NEO Battery Materials' current Equity-to-Asset of 0.64 is 10% below median its 10-year median of 0.71. The Metals & Mining industry median Equity-to-Asset is 0.81. NEO Battery Materials' value of 0.64 is 20.5% below this industry median. Based on the distribution chart, NEO Battery Materials ranks #1707 out of 2680 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, NEO Battery Materials has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does NEO Battery Materials' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, NEO Battery Materials ranks #1707 out of 2680 companies for Equity-to-Asset. This places NEO Battery Materials in the lower half of its industry. The industry median Equity-to-Asset is 0.81. NEO Battery Materials' value of 0.64 is 20.5% below this benchmark. While the company's 10-year median is 0.71 vs. the industry median of 0.81, NEO Battery Materials 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 a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.81, based on 2,680 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. NEO Battery Materials's current Equity-to-Asset of 0.64 is 20.5% 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 NEO Battery Materials and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEO Battery Materials's current Equity-to-Asset is 0.64, which is 10% below median its own 10-year median of 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEO Battery Materials stock overvalued right now?
NEO Battery Materials (FRA:1BC) has a current Equity-to-Asset of 0.64. The current Equity-to-Asset is 0.64, which is 10% below median its 10-year median of 0.71 and 20.5% below the Metals & Mining industry median of 0.81. NEO Battery Materials' overall GF Score™ is 20/100 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 NEO Battery Materials (FRA:1BC), the current Equity-to-Asset is 0.64 as of May. 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.
NEO Battery Materials Ltd focuses on developing silicon anode materials for lithium-ion batteries in electric vehicles, electronics, and energy storage systems. With a patent-protected, low-cost manufacturing process, the company enables longer-running and ultra-fasting charging batteries compared to existing technologies. NEO Battery's Silicon Anodes, NBMSiDE-P100, NBMSiDE-P200, NBMSiDE-P300, and NBMSiDE-P300N, are manufactured mainly via its proprietary one-step manufacturing process and are based on a low-cost input precursor called Metal Silicon (MG-Si).
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