Imperial Oil (FRA:IMP) Equity-to-Asset: 0.51 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FRA:IMP Imperial Oil Ltd FRA:IMP
73 GF Score
Price €114.40
GF Value €76.06
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Imperial Oil Equity-to-Asset?

Imperial Oil FRA:IMP +1.46% 73 Equity-to-Asset is 0.51 as of Jun. 2026, which is 9% below its 10-year median of 0.56. GuruFocus rates FRA:IMP with a GF Score™ of 73/100 and a GF Value™ of €76.06 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 1,034 Oil & Gas companies, Imperial Oil ranks better than 52.9% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Imperial Oil's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €15,180 Mil. Imperial Oil's Total Assets for the quarter that ended in Jun. 2026 was €29,603 Mil. Therefore, Imperial Oil's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.51.

The historical rank and industry rank for Imperial Oil's Equity-to-Asset or its related term are showing as below:

FRA:IMP' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49   Med: 0.56   Max: 0.61
Current: 0.51

During the past 13 years, the highest Equity to Asset Ratio of Imperial Oil was 0.61. The lowest was 0.49. And the median was 0.56.

FRA:IMP's Equity-to-Asset is ranked better than
52.9% of 1034 companies
in the Oil & Gas industry
Industry Median: 0.49 vs FRA:IMP: 0.51

Imperial Oil  (FRA:IMP) 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%.


Imperial Oil Equity-to-Asset Related Terms


Imperial Oil Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Imperial Oil'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.

Imperial Oil Equity-to-Asset Chart

Imperial Oil Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.53 0.52 0.54 0.55 0.53

Imperial Oil Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.57 0.55 0.53 0.50 0.51

FRA:IMP vs XOM, CVX: Equity-to-Asset Comparison

For the Oil & Gas Integrated subindustry, Imperial Oil'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.


Imperial Oil Equity-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Imperial Oil's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Imperial Oil's Equity-to-Asset falls into.


FRA:IMP
73GF Score
Imperial Oil Ltd FRA:IMP
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Imperial Oil 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.

Imperial Oil's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=13776.67/26192.016
=0.53

Imperial Oil's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=15179.795/29603.167
=0.51

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.51 mean?
Imperial Oil (FRA:IMP) has a Equity-to-Asset of 0.51 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Imperial Oil and its competitors. This is near median its historical median of 0.56. Over the past decade, Imperial Oil's Equity-to-Asset has ranged from 0.49 to 0.61. According to the industry distribution chart, Imperial Oil ranks #487 out of 1034 companies in the Oil & Gas industry, placing it in the top 47.1%.
Is Imperial Oil's Equity-to-Asset too high?
Imperial Oil's current Equity-to-Asset of 0.51 is near median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 0.61. The Oil & Gas industry median Equity-to-Asset is 0.49. Imperial Oil's value of 0.51 is 4.1% above this industry median. Based on the distribution chart, Imperial Oil ranks #487 out of 1034 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Imperial Oil has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Imperial Oil's Equity-to-Asset compare to XOM and CVX?
According to the Oil & Gas industry distribution chart, Imperial Oil ranks #487 out of 1034 companies for Equity-to-Asset. This puts Imperial Oil in the upper half of its industry. The industry median Equity-to-Asset is 0.49. Imperial Oil's value of 0.51 is 4.1% above this benchmark. Historically, Imperial Oil's own Equity-to-Asset has ranged from 0.49 to 0.61 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.49, Imperial Oil 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 1,034 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. Imperial Oil's current Equity-to-Asset of 0.51 is 4.1% 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 Imperial Oil 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. Imperial Oil's current Equity-to-Asset is 0.51, which is near median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Imperial Oil stock overvalued right now?
Based on GuruFocus' analysis, Imperial Oil (FRA:IMP) is currently considered Significantly Overvalued. The stock's GF Value™ is €76.06, compared to a current price of €114.40 — trading 50.4% above its estimated fair value. The current Equity-to-Asset is 0.51, which is near median its 10-year median of 0.56 and 4.1% above the Oil & Gas industry median of 0.49. Imperial Oil's overall GF Score™ is 73/100 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 Imperial Oil (FRA:IMP), the current Equity-to-Asset is 0.51 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.

Is Imperial Oil (FRA:IMP) Overvalued in 2026?

Based on GuruFocus' analysis, Imperial Oil stock appears to be overvalued. The current stock price of €114.40 is trading 50.4% above its estimated GF Value™ of €76.06. GuruFocus considers Imperial Oil to be Significantly Overvalued.

Key valuation signals for FRA:IMP:

  • Equity-to-Asset: 0.51 (near median its 10-year median of 0.56)
  • GF Value™: €76.06 vs. price of €114.40 (50.4% above fair value)
  • GF Score™: 73/100 with 3 warning signs
  • Industry Position: 4.1% above the Oil & Gas median (#487 of 1034)

No single metric tells the full story. See the FRA:IMP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Imperial Oil Business Description

Industry EnergyOil & Gas
Address 505 Quarry Park Boulevard S.E, Calgary, AB, CAN, T2C 5N1
Imperial Oil Ltd is an integrated oil company active in all phases of the petroleum industry in Canada, including the exploration for, and production and sale of, crude oil, natural gas, petroleum products, and petrochemicals. It also pursues lower-emission business opportunities, including carbon capture and storage, hydrogen, lower-emission fuels, and lithium. The company's reportable segments are Upstream, Downstream, and Chemical. Maximum revenue for the company is generated from its Downstream segment, which refines crude oil into petroleum products and distributes and market these products. The Upstream segment explores and produces crude oil, its equivalents, and natural gas, and the Chemical segment manufactures and markets hydrocarbon-based chemicals and chemical products.
73GF Score

Get the complete analysis for FRA:IMP

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€114.40
Price
€76.06
GF Value