Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Air Astana JSCLSE:AIRA 46 Equity-to-Asset is 0.17 as of Mar. 2026, which is 6% below its 10-year median of 0.18. GuruFocus rates LSE:AIRA with a GF Score™ of 46/100. The stock has 7 warning signs investors should review. Among 1,010 Transportation companies, Air Astana JSC ranks worse than 89.41% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Air Astana JSC's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $350 Mil. Air Astana JSC's Total Assets for the quarter that ended in Mar. 2026 was $2,096 Mil.
Therefore, Air Astana JSC's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.17.
The historical rank and industry rank for Air Astana JSC's Equity-to-Asset or its related term are showing as below:
LSE:AIRA'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02 Med: 0.18 Max: 0.22
Current: 0.17
During the past 6 years, the highest Equity to Asset Ratio of Air Astana JSC was 0.22. The lowest was 0.02. And the median was 0.18.
LSE:AIRA's Equity-to-Asset is ranked worse than 89.41% of 1010
companies
in the Transportation industry
Industry Median: 0.5
vs LSE:AIRA: 0.17
Air Astana JSC (LSE:AIRA) 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%.
Air Astana JSC Equity-to-Asset Related Terms
Air Astana JSC Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Air Astana JSC'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.
LSE:AIRA vs DAL, UAL, LUV: Equity-to-Asset Comparison
For the Airlines subindustry, Air Astana JSC'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.
Air Astana JSC Equity-to-Asset vs Transportation Industry
For the Transportation industry and Industrials sector, Air Astana JSC's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Air Astana JSC'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.
Air Astana JSC'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.
Air Astana JSC (LSE:AIRA) has a Equity-to-Asset of 0.17 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Air Astana JSC and its competitors. This is near median its historical median of 0.18. Over the past decade, Air Astana JSC's Equity-to-Asset has ranged from 0.02 to 0.22. According to the industry distribution chart, Air Astana JSC ranks #903 out of 1010 companies in the Transportation industry, placing it in the top 89.4%.
Is Air Astana JSC's Equity-to-Asset too high?
Air Astana JSC's current Equity-to-Asset of 0.17 is near median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.22. The Transportation industry median Equity-to-Asset is 0.50. Air Astana JSC's value of 0.17 is 66% below this industry median. Based on the distribution chart, Air Astana JSC ranks #903 out of 1010 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Air Astana JSC has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Air Astana JSC's Equity-to-Asset compare to DAL and UAL?
According to the Transportation industry distribution chart, Air Astana JSC ranks #903 out of 1010 companies for Equity-to-Asset. This places Air Astana JSC in the lower half of its industry. The industry median Equity-to-Asset is 0.50. Air Astana JSC's value of 0.17 is 66% below this benchmark. Historically, Air Astana JSC's own Equity-to-Asset has ranged from 0.02 to 0.22 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.50, Air Astana JSC 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 Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,010 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. Air Astana JSC's current Equity-to-Asset of 0.17 is 66% 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 Air Astana JSC and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Air Astana JSC's current Equity-to-Asset is 0.17, which is near median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Air Astana JSC stock overvalued right now?
Air Astana JSC (LSE:AIRA) has a current Equity-to-Asset of 0.17. The current Equity-to-Asset is 0.17, which is near median its 10-year median of 0.18 and 66% below the Transportation industry median of 0.50. Air Astana JSC's overall GF Score™ is 46/100 with 7 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 Air Astana JSC (LSE:AIRA), the current Equity-to-Asset is 0.17 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.
Air Astana JSC is an airline company engaged in providing scheduled and charter, point-to-point and transit, short-haul and long-haul passenger air transportation and cargo services on domestic, regional, and international routes across Central Asia, the Caucasus, Europe (including Turkey), the Middle East, and Asia (including India and China). The group has two reportable segments. The Air Astana segment operates as a full-service airline brand providing domestic and international passenger and cargo transportation services. The FlyArystan segment operates as a low-cost airline brand providing scheduled short-haul and medium-haul passenger air transportation services across Kazakhstan and neighboring regions, including the Caucasus, Central Asia, Turkey, and the Middle East.
46GF Score
Get the complete analysis for LSE:AIRA
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
LSE:AIRA has been successfully added to your 
