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InpexIPXHF 78 Equity-to-Asset is 0.61 as of Jun. 2026, which is 2% below its 10-year median of 0.62. GuruFocus rates IPXHF with a GF Score™ of 78/100 and a GF Value™ of $13.10 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 1,034 Oil & Gas companies, Inpex ranks better than 65.86% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Inpex's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $31,738 Mil. Inpex's Total Assets for the quarter that ended in Jun. 2026 was $52,167 Mil.
Therefore, Inpex's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.61.
The historical rank and industry rank for Inpex's Equity-to-Asset or its related term are showing as below:
IPXHF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.58 Med: 0.62 Max: 0.69
Current: 0.61
During the past 13 years, the highest Equity to Asset Ratio of Inpex was 0.69. The lowest was 0.58. And the median was 0.62.
IPXHF's Equity-to-Asset is ranked better than 65.86% of 1034
companies
in the Oil & Gas industry
Industry Median: 0.49
vs IPXHF: 0.61
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%.
Inpex Equity-to-Asset Related Terms
Inpex Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Inpex'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.
IPXHF vs COP, EOG, FANG: Equity-to-Asset Comparison
For the Oil & Gas E&P subindustry, Inpex'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.
Inpex Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Inpex's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Inpex'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.
Inpex's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
Inpex (IPXHF) has a Equity-to-Asset of 0.61 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Inpex and its competitors. This is near median its historical median of 0.62. Over the past decade, Inpex's Equity-to-Asset has ranged from 0.58 to 0.69. According to the industry distribution chart, Inpex ranks #353 out of 1034 companies in the Oil & Gas industry, placing it in the top 34.1%.
Is Inpex's Equity-to-Asset too high?
Inpex's current Equity-to-Asset of 0.61 is near median its 10-year median of 0.62. Over the past 10 years, this metric has ranged from a low of 0.58 to a high of 0.69. The Oil & Gas industry median Equity-to-Asset is 0.49. Inpex's value of 0.61 is 24.5% above this industry median. Based on the distribution chart, Inpex ranks #353 out of 1034 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Inpex has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Inpex's Equity-to-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Inpex ranks #353 out of 1034 companies for Equity-to-Asset. This puts Inpex in the upper half of its industry. The industry median Equity-to-Asset is 0.49. Inpex's value of 0.61 is 24.5% above this benchmark. Historically, Inpex's own Equity-to-Asset has ranged from 0.58 to 0.69 over the past decade. While the company's 10-year median is 0.62 vs. the industry median of 0.49, Inpex 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. Inpex's current Equity-to-Asset of 0.61 is 24.5% 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 Inpex 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. Inpex's current Equity-to-Asset is 0.61, 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 Inpex stock overvalued right now?
Based on GuruFocus' analysis, Inpex (IPXHF) is currently considered Significantly Overvalued. The stock's GF Value™ is $13.10, compared to a current price of $21.30 — trading 62.6% above its estimated fair value. The current Equity-to-Asset is 0.61, which is near median its 10-year median of 0.62 and 24.5% above the Oil & Gas industry median of 0.49. Inpex's overall GF Score™ is 78/100 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 Inpex (IPXHF), the current Equity-to-Asset is 0.61 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 Inpex (IPXHF) Overvalued in 2026?
Based on GuruFocus' analysis, Inpex stock appears to be overvalued.
The current stock price of $21.30 is trading 62.6% above its estimated GF Value™ of $13.10.
GuruFocus considers Inpex to be Significantly Overvalued.
Key valuation signals for IPXHF:
Equity-to-Asset: 0.61 (near median its 10-year median of 0.62)
GF Value™: $13.10 vs. price of $21.30 (62.6% above fair value)
Industry Position: 24.5% above the Oil & Gas median (#353 of 1034)
No single metric tells the full story. See the IPXHF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Headquartered in Tokyo, Inpex was founded in 2008 through a merger with Teikoku Oil. The precursor Inpex began life in 1966 as North Sumatra Offshore Petroleum Exploration and discovered the Attaka field in Indonesia in 1970 before acquiring the ADMA Block offshore the United Arab Emirates in 1973 and then discovering the Kashagan oilfield in Kazakhstan and Ichthys and Abadi gasfields in the Timor Sea in 2000. Teikoku Oil was founded in 1941 as a semigovernment entity and discovered Japan's largest natural gas reserves in Minami-Nagaoka in 1979. Inpex is Japan's largest hydrocarbon producer, with oil and gas projects across multiple continents. It produces around 230 million barrels of oil equivalent per year and has 6.2 billion barrels of oil equivalent in proven and probable reserves.
78GF Score
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