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Geomega ResourcesGOMRF -3.85%28 Equity-to-Asset is 0.59 as of Feb. 2026, which is 5% below its 10-year median of 0.62. GuruFocus rates GOMRF with a GF Score™ of 28/100. The stock has 2 warning signs investors should review. Among 2,672 Metals & Mining companies, Geomega Resources ranks worse than 66.32% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Geomega Resources's Total Stockholders Equity for the quarter that ended in Feb. 2026 was $4.94 Mil. Geomega Resources's Total Assets for the quarter that ended in Feb. 2026 was $8.32 Mil.
Therefore, Geomega Resources's Equity to Asset Ratio for the quarter that ended in Feb. 2026 was 0.59.
The historical rank and industry rank for Geomega Resources's Equity-to-Asset or its related term are showing as below:
GOMRF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.62 Max: 0.95
Current: 0.59
During the past 13 years, the highest Equity to Asset Ratio of Geomega Resources was 0.95. The lowest was 0.22. And the median was 0.62.
GOMRF's Equity-to-Asset is ranked worse than 66.32% of 2672
companies
in the Metals & Mining industry
Industry Median: 0.8
vs GOMRF: 0.59
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%.
Geomega Resources Equity-to-Asset Related Terms
Geomega Resources Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Geomega Resources'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, Geomega Resources'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.
Geomega Resources Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Geomega Resources's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Geomega Resources'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.
Geomega Resources's Equity to Asset Ratio for the fiscal year that ended in May. 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.
Geomega Resources (GOMRF) has a Equity-to-Asset of 0.59 as of Feb. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Geomega Resources and its competitors. This is near median its historical median of 0.62. Over the past decade, Geomega Resources' Equity-to-Asset has ranged from 0.22 to 0.95. According to the industry distribution chart, Geomega Resources ranks #1772 out of 2672 companies in the Metals & Mining industry, placing it in the top 66.3%.
Is Geomega Resources' Equity-to-Asset too high?
Geomega Resources' current Equity-to-Asset of 0.59 is near median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.95. The Metals & Mining industry median Equity-to-Asset is 0.80. Geomega Resources' value of 0.59 is 26.3% below this industry median. Based on the distribution chart, Geomega Resources ranks #1772 out of 2672 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Geomega Resources has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Geomega Resources' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Geomega Resources ranks #1772 out of 2672 companies for Equity-to-Asset. This places Geomega Resources in the lower half of its industry. The industry median Equity-to-Asset is 0.80. Geomega Resources' value of 0.59 is 26.3% below this benchmark. Historically, Geomega Resources' own Equity-to-Asset has ranged from 0.22 to 0.95 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.80, Geomega Resources 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 0.80, based on 2,672 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. Geomega Resources's current Equity-to-Asset of 0.59 is 26.3% 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 Geomega Resources and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.80 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Geomega Resources's current Equity-to-Asset is 0.59, which is near median its own 10-year median of 0.62. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Geomega Resources stock overvalued right now?
Geomega Resources (GOMRF) has a current Equity-to-Asset of 0.59. The current Equity-to-Asset is 0.59, which is near median its 10-year median of 0.62 and 26.3% below the Metals & Mining industry median of 0.80. Geomega Resources' overall GF Score™ is 28/100 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 Geomega Resources (GOMRF), the current Equity-to-Asset is 0.59 as of Feb. 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.
Geomega Resources Inc is engaged in the acquisition, exploration, and evaluation of mining properties in Canada. It primarily explores for rare earth elements and niobium deposits. It holds an interest in Montviel property on the discovery and development of deposits of metals in Quebec. The Montviel property is located approximately 100 kilometers north of Lebel-sur-Quevillon and Buckingham property.
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