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Merafe ResourcesMERFF 86 Equity-to-Asset is 0.80 as of Jun. 2026, which is 8% above its 10-year median of 0.74. GuruFocus rates MERFF with a GF Score™ of 86/100 and a GF Value™ of $0.16. The stock has 7 warning signs investors should review. Among 2,670 Metals & Mining companies, Merafe Resources ranks better than 50.71% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Merafe Resources's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $307.0 Mil. Merafe Resources's Total Assets for the quarter that ended in Jun. 2026 was $384.0 Mil.
Therefore, Merafe Resources's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.80.
The historical rank and industry rank for Merafe Resources's Equity-to-Asset or its related term are showing as below:
MERFF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62 Med: 0.74 Max: 0.82
Current: 0.8
During the past 13 years, the highest Equity to Asset Ratio of Merafe Resources was 0.82. The lowest was 0.62. And the median was 0.74.
MERFF's Equity-to-Asset is ranked better than 50.71% of 2670
companies
in the Metals & Mining industry
Industry Median: 0.8
vs MERFF: 0.80
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%.
Merafe Resources Equity-to-Asset Related Terms
Merafe Resources Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Merafe Resources'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 Other Industrial Metals & Mining subindustry, Merafe Resources'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.
Merafe Resources Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Merafe Resources's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Merafe Resources'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.
Merafe Resources'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.
Merafe Resources (MERFF) has a Equity-to-Asset of 0.80 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Merafe Resources and its competitors. This is near median its historical median of 0.74. Over the past decade, Merafe Resources' Equity-to-Asset has ranged from 0.62 to 0.82. According to the industry distribution chart, Merafe Resources ranks #1316 out of 2670 companies in the Metals & Mining industry, placing it in the top 49.3%.
Is Merafe Resources' Equity-to-Asset too high?
Merafe Resources' current Equity-to-Asset of 0.80 is near median its 10-year median of 0.74. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 0.82. The Metals & Mining industry median Equity-to-Asset is 0.80. Merafe Resources' value of 0.80 is 0% at this industry median. Based on the distribution chart, Merafe Resources ranks #1316 out of 2670 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Merafe Resources has a GF Score™ of 86/100, reflecting its overall financial health beyond just this single metric.
How does Merafe Resources' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Merafe Resources ranks #1316 out of 2670 companies for Equity-to-Asset. This puts Merafe Resources in the upper half of its industry. The industry median Equity-to-Asset is 0.80. Merafe Resources' value of 0.80 is 0% at this benchmark. Historically, Merafe Resources' own Equity-to-Asset has ranged from 0.62 to 0.82 over the past decade. While the company's 10-year median is 0.74 vs. the industry median of 0.80, Merafe Resources has consistently been at 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 2,670 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. Merafe Resources's current Equity-to-Asset of 0.80 is 0% at 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 Merafe Resources 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. Merafe Resources's current Equity-to-Asset is 0.80, which is near median its own 10-year median of 0.74. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Merafe Resources stock overvalued right now?
Merafe Resources (MERFF) has a current Equity-to-Asset of 0.80. The stock's GF Value™ is $0.16, compared to a current price of $0.22 — trading 36.1% above its estimated fair value. The current Equity-to-Asset is 0.80, which is near median its 10-year median of 0.74 and 0% at the Metals & Mining industry median of 0.80. Merafe Resources' overall GF Score™ is 86/100 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 Merafe Resources (MERFF), the current Equity-to-Asset is 0.80 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 Merafe Resources (MERFF) Overvalued in 2026?
Based on GuruFocus' analysis, Merafe Resources stock appears to be overvalued.
The current stock price of $0.22 is trading 36.1% above its estimated GF Value™ of $0.16.
Key valuation signals for MERFF:
Equity-to-Asset: 0.80 (near median its 10-year median of 0.74)
GF Value™: $0.16 vs. price of $0.22 (36.1% above fair value)
Industry Position: 0% at the Metals & Mining median (#1316 of 2670)
No single metric tells the full story. See the MERFF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Merafe Resources Ltd through its wholly-owned subsidiary, Merafe Ferrochrome and Mining Proprietary Limited, participates in chrome mining and the beneficiation of chrome ore into ferrochrome. The Glencore-Merafe Chrome Venture (Venture) operates five ferrochrome smelters, twenty-two ferrochrome furnaces, and nine mines, situated in the North-West, Limpopo, and Mpumalanga provinces of South Africa. The company has operating mines namel Marikana West; and Kroondal Gemini. The Group has one reportable segment being the mining and beneficiation of chrome ore into ferrochrome and associated minerals. Geographically, it has its presence in Africa, Americas, Asia, China, Indonesia, Other Asia, and Europe.
86GF Score
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