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Mesabi TrustMSB -1.91%72 Equity-to-Asset is 0.84 as of Apr. 2026, which is 17% above its 10-year median of 0.72. GuruFocus rates MSB with a GF Score™ of 72/100 and a GF Value™ of $18.49 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 636 Steel companies, Mesabi Trust ranks better than 88.52% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Mesabi Trust's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $18.34 Mil. Mesabi Trust's Total Assets for the quarter that ended in Apr. 2026 was $21.92 Mil.
Therefore, Mesabi Trust's Equity to Asset Ratio for the quarter that ended in Apr. 2026 was 0.84.
The historical rank and industry rank for Mesabi Trust's Equity-to-Asset or its related term are showing as below:
MSB'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.23 Med: 0.72 Max: 0.99
Current: 0.84
During the past 13 years, the highest Equity to Asset Ratio of Mesabi Trust was 0.99. The lowest was 0.23. And the median was 0.72.
MSB's Equity-to-Asset is ranked better than 88.52% of 636
companies
in the Steel industry
Industry Median: 0.545
vs MSB: 0.84
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%.
Mesabi Trust Equity-to-Asset Related Terms
Mesabi Trust Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Mesabi Trust'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 Steel subindustry, Mesabi Trust'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.
Mesabi Trust Equity-to-Asset vs Steel Industry
For the Steel industry and Basic Materials sector, Mesabi Trust's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Mesabi Trust'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.
Mesabi Trust's Equity to Asset Ratio for the fiscal year that ended in Jan. 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.
Mesabi Trust (MSB) has a Equity-to-Asset of 0.84 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Mesabi Trust and its competitors. This is 17% above median its historical median of 0.72. Over the past decade, Mesabi Trust's Equity-to-Asset has ranged from 0.23 to 0.99. According to the industry distribution chart, Mesabi Trust ranks #73 out of 636 companies in the Steel industry, placing it in the top 11.5%.
Is Mesabi Trust's Equity-to-Asset too high?
Mesabi Trust's current Equity-to-Asset of 0.84 is 17% above median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.23 to a high of 0.99. The Steel industry median Equity-to-Asset is 0.55. Mesabi Trust's value of 0.84 is 54.1% above this industry median. Based on the distribution chart, Mesabi Trust ranks #73 out of 636 companies in the Steel industry, which is in the top quartile — a strong position relative to peers. Overall, Mesabi Trust has a GF Score™ of 72/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mesabi Trust's Equity-to-Asset compare to FRD and INHD?
According to the Steel industry distribution chart, Mesabi Trust ranks #73 out of 636 companies for Equity-to-Asset. This places Mesabi Trust in the top 12% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.55. Mesabi Trust's value of 0.84 is 54.1% above this benchmark. Historically, Mesabi Trust's own Equity-to-Asset has ranged from 0.23 to 0.99 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.55, Mesabi Trust 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 Steel company?
The median Equity-to-Asset among Steel companies is 0.55, based on 636 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. Mesabi Trust's current Equity-to-Asset of 0.84 is 54.1% 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 Mesabi Trust and its competitors. For the Steel industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mesabi Trust's current Equity-to-Asset is 0.84, which is 17% above median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mesabi Trust stock overvalued right now?
Based on GuruFocus' analysis, Mesabi Trust (MSB) is currently considered Modestly Overvalued. The stock's GF Value™ is $18.49, compared to a current price of $22.46 — trading 21.5% above its estimated fair value. The current Equity-to-Asset is 0.84, which is 17% above median its 10-year median of 0.72 and 54.1% above the Steel industry median of 0.55. Mesabi Trust's overall GF Score™ is 72/100 with 4 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 Mesabi Trust (MSB), the current Equity-to-Asset is 0.84 as of Apr. 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 Mesabi Trust (MSB) Overvalued in 2026?
Based on GuruFocus' analysis, Mesabi Trust stock appears to be overvalued.
The current stock price of $22.46 is trading 21.5% above its estimated GF Value™ of $18.49.
GuruFocus considers Mesabi Trust to be Modestly Overvalued.
Key valuation signals for MSB:
Equity-to-Asset: 0.84 (17% above median its 10-year median of 0.72)
GF Value™: $18.49 vs. price of $22.46 (21.5% above fair value)
Industry Position: 54.1% above the Steel median (#73 of 636)
No single metric tells the full story. See the MSB stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mesabi Trust operates as a royalty trust in the United States. The company is involved in the conservation and protection of its assets. The company's principally wholly-owned segment is the iron ore mining segment, which generates income from the Peter Mitchell Mine, an iron mine located near Babbitt, Minnesota, at the northeastern end of the Mesabi Iron Range.
72GF Score
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