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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%.
Highwater Ethanol LLC Equity-to-Asset Related Terms
Highwater Ethanol LLC Equity-to-Asset Historical Data
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The historical data trend for Highwater Ethanol LLC'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.
HEOL vs BDCO, DLXY, FGPR: Equity-to-Asset Comparison
For the Oil & Gas Refining & Marketing subindustry, Highwater Ethanol LLC'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.
Highwater Ethanol LLC Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Highwater Ethanol LLC's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Highwater Ethanol LLC'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.
Highwater Ethanol LLC's Equity to Asset Ratio for the fiscal year that ended in Oct. 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.
Highwater Ethanol LLC (HEOL) has a Equity-to-Asset of 0.91 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Highwater Ethanol LLC and its competitors. This is 14% above median its historical median of 0.80. Over the past decade, Highwater Ethanol LLC's Equity-to-Asset has ranged from 0.64 to 0.91.
Is Highwater Ethanol LLC's Equity-to-Asset too high?
Highwater Ethanol LLC's current Equity-to-Asset of 0.91 is 14% above median its 10-year median of 0.80. Over the past 10 years, this metric has ranged from a low of 0.64 to a high of 0.91. The Oil & Gas industry median Equity-to-Asset is 0.49. Highwater Ethanol LLC's value of 0.91 is 85.7% above this industry median. Overall, Highwater Ethanol LLC has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Highwater Ethanol LLC's Equity-to-Asset compare to BDCO and DLXY?
Highwater Ethanol LLC's Equity-to-Asset of 0.91 can be compared against companies in the Oil & Gas industry. The industry median Equity-to-Asset is 0.49. Highwater Ethanol LLC's value of 0.91 is 85.7% above this benchmark. Historically, Highwater Ethanol LLC's own Equity-to-Asset has ranged from 0.64 to 0.91 over the past decade. While the company's 10-year median is 0.80 vs. the industry median of 0.49, Highwater Ethanol LLC 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 1,031 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. Highwater Ethanol LLC's current Equity-to-Asset of 0.91 is 85.7% 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 Highwater Ethanol LLC 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. Highwater Ethanol LLC's current Equity-to-Asset is 0.91, which is 14% above median its own 10-year median of 0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Highwater Ethanol LLC stock overvalued right now?
Highwater Ethanol LLC (HEOL) has a current Equity-to-Asset of 0.91. The stock's GF Value™ is $12,785.12, compared to a current price of $15,115.00 — trading 18.2% above its estimated fair value. The current Equity-to-Asset is 0.91, which is 14% above median its 10-year median of 0.80 and 85.7% above the Oil & Gas industry median of 0.49. Highwater Ethanol LLC's overall GF Score™ is 24/100 with 5 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 Highwater Ethanol LLC (HEOL), the current Equity-to-Asset is 0.91 as of Apr. 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 Highwater Ethanol LLC (HEOL) Overvalued in 2026?
Based on GuruFocus' analysis, Highwater Ethanol LLC stock appears to be overvalued.
The current stock price of $15,115.00 is trading 18.2% above its estimated GF Value™ of $12,785.12.
Key valuation signals for HEOL:
Equity-to-Asset: 0.91 (14% above median its 10-year median of 0.80)
GF Value™: $12,785.12 vs. price of $15,115.00 (18.2% above fair value)
Industry Position: 85.7% above the Oil & Gas median
No single metric tells the full story. See the HEOL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Highwater Ethanol LLC is engaged in the production of ethanol and distillers grains at the plant. It focuses on the manufacturing and marketing of fuel-grade ethanol and the co-products of the ethanol production process. Its products include fuel-grade ethanol, distillers grains, and corn oil. The company produces and sells fuel ethanol and co-products of the fuel ethanol production process in the continental United States.
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