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Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Loncor Gold's Total Stockholders Equity for the quarter that ended in Sep. 2025 was $24.70 Mil. Loncor Gold's Total Assets for the quarter that ended in Sep. 2025 was $25.66 Mil.
The historical rank and industry rank for Loncor Gold's Equity-to-Asset or its related term are showing as below:
LONCF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.73 Med: 0.95 Max: 0.98
Current: 0.96
During the past 13 years, the highest Equity to Asset Ratio of Loncor Gold was 0.98. The lowest was 0.73. And the median was 0.95.
LONCF's Equity-to-Asset is not ranked
in the Metals & Mining industry.
Industry Median: 0.8
vs LONCF: 0.96
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%.
Loncor Gold Equity-to-Asset Related Terms
Loncor Gold Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Loncor Gold'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 Gold subindustry, Loncor Gold'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.
Loncor Gold Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Loncor Gold's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Loncor Gold'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.
Loncor Gold's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 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.
Loncor Gold (LONCF) has a Equity-to-Asset of 0.96 as of Sep. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Loncor Gold and its competitors. This is near median its historical median of 0.95. Over the past decade, Loncor Gold's Equity-to-Asset has ranged from 0.73 to 0.98.
Is Loncor Gold's Equity-to-Asset too high?
Loncor Gold's current Equity-to-Asset of 0.96 is near median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.73 to a high of 0.98. The Metals & Mining industry median Equity-to-Asset is 0.80. Loncor Gold's value of 0.96 is 20% above this industry median. Overall, Loncor Gold has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Loncor Gold's Equity-to-Asset compare to NEM and AU?
Loncor Gold's Equity-to-Asset of 0.96 can be compared against companies in the Metals & Mining industry. The industry median Equity-to-Asset is 0.80. Loncor Gold's value of 0.96 is 20% above this benchmark. Historically, Loncor Gold's own Equity-to-Asset has ranged from 0.73 to 0.98 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 0.80, Loncor Gold 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 a Metals & Mining company?
The median Equity-to-Asset among Metals & Mining companies is 0.80, based on 2,669 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. Loncor Gold's current Equity-to-Asset of 0.96 is 20% 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 Loncor Gold 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. Loncor Gold's current Equity-to-Asset is 0.96, which is near median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Loncor Gold stock overvalued right now?
Loncor Gold (LONCF) has a current Equity-to-Asset of 0.96. The current Equity-to-Asset is 0.96, which is near median its 10-year median of 0.95 and 20% above the Metals & Mining industry median of 0.80. Loncor Gold's overall GF Score™ is 20/100 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 Loncor Gold (LONCF), the current Equity-to-Asset is 0.96 as of Sep. 2025. 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.
Loncor Gold Inc is a Canadian gold exploration company focussed on the Ngayu Greenstone Gold Belt in the northeast of the Democratic Republic of the Congo. The Adumbi gold deposit is the focus of Loncor's activity and can be found within Loncor's 84.68% owned Imbo Project. The company has Africa's largest gold producer, the Barrick-managed Kibali Gold mine as a neighbour 130 miles away.
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