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Salungano GroupJSE:SLG -1.01%28 Equity-to-Asset is 0.07 as of Mar. 2026, which is 65% below its 10-year median of 0.20. GuruFocus rates JSE:SLG with a GF Score™ of 28/100 and a GF Value™ of R0.52 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 190 Other Energy Sources companies, Salungano Group ranks worse than 94.21% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Salungano Group's Total Stockholders Equity for the quarter that ended in Mar. 2026 was R224 Mil. Salungano Group's Total Assets for the quarter that ended in Mar. 2026 was R3,438 Mil.
Therefore, Salungano Group's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.07.
The historical rank and industry rank for Salungano Group's Equity-to-Asset or its related term are showing as below:
JSE:SLG'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0 Med: 0.2 Max: 0.43
Current: 0.07
During the past 13 years, the highest Equity to Asset Ratio of Salungano Group was 0.43. The lowest was 0.00. And the median was 0.20.
JSE:SLG's Equity-to-Asset is ranked worse than 94.21% of 190
companies
in the Other Energy Sources industry
Industry Median: 0.58
vs JSE:SLG: 0.07
Salungano Group (JSE:SLG) 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%.
Salungano Group Equity-to-Asset Related Terms
Salungano Group Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Salungano Group'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 Thermal Coal subindustry, Salungano Group'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.
Salungano Group Equity-to-Asset vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, Salungano Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Salungano Group'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.
Salungano Group's Equity to Asset Ratio for the fiscal year that ended in Mar. 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.
Salungano Group (JSE:SLG) has a Equity-to-Asset of 0.07 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Salungano Group and its competitors. This is 65% below median its historical median of 0.20. According to the industry distribution chart, Salungano Group ranks #179 out of 190 companies in the Other Energy Sources industry, placing it in the top 94.2%.
Is Salungano Group's Equity-to-Asset too high?
Salungano Group's current Equity-to-Asset of 0.07 is 65% below median its 10-year median of 0.20. The Other Energy Sources industry median Equity-to-Asset is 0.58. Salungano Group's value of 0.07 is 87.9% below this industry median. Based on the distribution chart, Salungano Group ranks #179 out of 190 companies in the Other Energy Sources industry, which is in the bottom quartile relative to peers. Overall, Salungano Group has a GF Score™ of 28/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Salungano Group's Equity-to-Asset compare to CNR?
According to the Other Energy Sources industry distribution chart, Salungano Group ranks #179 out of 190 companies for Equity-to-Asset. This places Salungano Group in the lower half of its industry. The industry median Equity-to-Asset is 0.58. Salungano Group's value of 0.07 is 87.9% below this benchmark. While the company's 10-year median is 0.20 vs. the industry median of 0.58, Salungano Group 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 an Other Energy Sources company?
The median Equity-to-Asset among Other Energy Sources companies is 0.58, based on 190 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. Salungano Group's current Equity-to-Asset of 0.07 is 87.9% 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 Salungano Group and its competitors. For the Other Energy Sources industry, the median Equity-to-Asset is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Salungano Group's current Equity-to-Asset is 0.07, which is 65% below median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Salungano Group stock overvalued right now?
Based on GuruFocus' analysis, Salungano Group (JSE:SLG) is currently considered Significantly Overvalued. The stock's GF Value™ is R0.52, compared to a current price of R0.98 — trading 88.5% above its estimated fair value. The current Equity-to-Asset is 0.07, which is 65% below median its 10-year median of 0.20 and 87.9% below the Other Energy Sources industry median of 0.58. Salungano Group's overall GF Score™ is 28/100 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 Salungano Group (JSE:SLG), the current Equity-to-Asset is 0.07 as of Mar. 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 Salungano Group (JSE:SLG) Overvalued in 2026?
Based on GuruFocus' analysis, Salungano Group stock appears to be overvalued.
The current stock price of R0.98 is trading 88.5% above its estimated GF Value™ of R0.52.
GuruFocus considers Salungano Group to be Significantly Overvalued.
Key valuation signals for JSE:SLG:
Equity-to-Asset: 0.07 (65% below median its 10-year median of 0.20)
GF Value™: R0.52 vs. price of R0.98 (88.5% above fair value)
Industry Position: 87.9% below the Other Energy Sources median (#179 of 190)
No single metric tells the full story. See the JSE:SLG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Salungano Group Ltd is a South African firm mainly engaged in the mining, processing, sale, and distribution of thermal coal. Along with its subsidiaries, it operates in the following reportable segments: Mining, Trading, Property rental and other, and Investment holding. The majority of its revenue is generated from the Mining segment, which is involved in the exploration, beneficiation, and mining of bituminous coal. The mining operations of the Group are carried out at Elandspruit, Khanyisa, Vanggatfontein, Arnot, and Moabsvelden mining complexes. The Trading segment buys and sells coal to inland customers, and the property rental segment rents property to other segments within the group.
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