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.
ASA International GroupLSE:ASAI -1.87%74 Equity-to-Asset is 0.21 as of Dec. 2025, which is 17% above its 10-year median of 0.18. GuruFocus rates LSE:ASAI with a GF Score™ of 74/100 and a GF Value™ of £1.49 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 546 Credit Services companies, ASA International Group ranks worse than 67.77% on this metric.
The historical rank and industry rank for ASA International Group's Equity-to-Asset or its related term are showing as below:
LSE:ASAI'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.16 Med: 0.18 Max: 0.25
Current: 0.21
During the past 11 years, the highest Equity to Asset Ratio of ASA International Group was 0.25. The lowest was 0.16. And the median was 0.18.
LSE:ASAI's Equity-to-Asset is ranked worse than 67.77% of 546
companies
in the Credit Services industry
Industry Median: 0.405
vs LSE:ASAI: 0.21
ASA International Group (LSE:ASAI) 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%.
ASA International Group Equity-to-Asset Related Terms
ASA International Group Equity-to-Asset Historical Data
* 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:ASAI vs V, MA, AXP: Equity-to-Asset Comparison
For the Credit Services subindustry, ASA International 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.
ASA International Group Equity-to-Asset vs Credit Services Industry
For the Credit Services industry and Financial Services sector, ASA International Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where ASA International Group's Equity-to-Asset falls into.
ASA International Group Equity-to-Asset Calculation
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.
ASA International Group'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.
ASA International Group (LSE:ASAI) has a Equity-to-Asset of 0.21 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on ASA International Group and its competitors. This is 17% above median its historical median of 0.18. Over the past decade, ASA International Group's Equity-to-Asset has ranged from 0.16 to 0.25. According to the industry distribution chart, ASA International Group ranks #370 out of 546 companies in the Credit Services industry, placing it in the top 67.8%.
Is ASA International Group's Equity-to-Asset too high?
ASA International Group's current Equity-to-Asset of 0.21 is 17% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 0.25. The Credit Services industry median Equity-to-Asset is 0.41. ASA International Group's value of 0.21 is 48.1% below this industry median. Based on the distribution chart, ASA International Group ranks #370 out of 546 companies in the Credit Services industry, which is below the industry midpoint. Overall, ASA International Group has a GF Score™ of 74/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does ASA International Group's Equity-to-Asset compare to V and MA?
According to the Credit Services industry distribution chart, ASA International Group ranks #370 out of 546 companies for Equity-to-Asset. This places ASA International Group in the lower half of its industry. The industry median Equity-to-Asset is 0.41. ASA International Group's value of 0.21 is 48.1% below this benchmark. Historically, ASA International Group's own Equity-to-Asset has ranged from 0.16 to 0.25 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.41, ASA International 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 a Credit Services company?
The median Equity-to-Asset among Credit Services companies is 0.41, based on 546 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. ASA International Group's current Equity-to-Asset of 0.21 is 48.1% 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 ASA International Group and its competitors. For the Credit Services industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ASA International Group's current Equity-to-Asset is 0.21, which is 17% above 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 ASA International Group stock overvalued right now?
Based on GuruFocus' analysis, ASA International Group (LSE:ASAI) is currently considered Significantly Overvalued. The stock's GF Value™ is £1.49, compared to a current price of £2.63 — trading 76.5% above its estimated fair value. The current Equity-to-Asset is 0.21, which is 17% above median its 10-year median of 0.18 and 48.1% below the Credit Services industry median of 0.41. ASA International Group's overall GF Score™ is 74/100 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 ASA International Group (LSE:ASAI), the current Equity-to-Asset is 0.21 as of Dec. 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.
Is ASA International Group (LSE:ASAI) Overvalued in 2026?
Based on GuruFocus' analysis, ASA International Group stock appears to be overvalued.
The current stock price of £2.63 is trading 76.5% above its estimated GF Value™ of £1.49.
GuruFocus considers ASA International Group to be Significantly Overvalued.
Key valuation signals for LSE:ASAI:
Equity-to-Asset: 0.21 (17% above median its 10-year median of 0.18)
GF Value™: £1.49 vs. price of £2.63 (76.5% above fair value)
Industry Position: 48.1% below the Credit Services median (#370 of 546)
No single metric tells the full story. See the LSE:ASAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ASA International Group PLC is an international micro-finance institution that aims to enhance financial inclusion among low-income populations throughout Asia and Africa. Its geographical segments include West Africa, which includes Ghana, Nigeria, Sierra Leone; East Africa, which includes Kenya, Uganda, Tanzania, Rwanda; South Asia, which includes India, Pakistan, Sri Lanka; South East Asia, which includes Myanmar, Philippines, and Holding & other non-operating entities, which includes holding entities and other entities without microfinance activities.
74GF Score
Get the complete analysis for LSE:ASAI
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:ASAI has been successfully added to your 
