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StrategyMSTR -2.09%61 Equity-to-Asset is 0.84 as of Mar. 2026, which is 53% above its 10-year median of 0.55. GuruFocus rates MSTR with a GF Score™ of 61/100 and a GF Value™ of $117.66 (Modestly Undervalued). The stock has 8 warning signs investors should review. Among 2,892 Software companies, Strategy ranks better than 88.24% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Strategy's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $45,636.3 Mil. Strategy's Total Assets for the quarter that ended in Mar. 2026 was $54,268.8 Mil.
Therefore, Strategy's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.84.
The historical rank and industry rank for Strategy's Equity-to-Asset or its related term are showing as below:
MSTR'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.16 Med: 0.55 Max: 0.84
Current: 0.84
During the past 13 years, the highest Equity to Asset Ratio of Strategy was 0.84. The lowest was -0.16. And the median was 0.55.
MSTR's Equity-to-Asset is ranked better than 88.24% of 2892
companies
in the Software industry
Industry Median: 0.56
vs MSTR: 0.84
Strategy (NAS:MSTR) 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%.
Strategy Equity-to-Asset Related Terms
Strategy Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Strategy'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.
MSTR vs WDAY, FICO, ZM: Equity-to-Asset Comparison
For the Software - Application subindustry, Strategy'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.
Strategy Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, Strategy's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Strategy'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.
Strategy'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.
Strategy (MSTR) has a Equity-to-Asset of 0.84 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Strategy and its competitors. This is 53% above median its historical median of 0.55. According to the industry distribution chart, Strategy ranks #340 out of 2892 companies in the Software industry, placing it in the top 11.8%.
Is Strategy's Equity-to-Asset too high?
Strategy's current Equity-to-Asset of 0.84 is 53% above median its 10-year median of 0.55. The Software industry median Equity-to-Asset is 0.56. Strategy's value of 0.84 is 50% above this industry median. Based on the distribution chart, Strategy ranks #340 out of 2892 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Strategy has a GF Score™ of 61/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Strategy's Equity-to-Asset compare to WDAY and FICO?
According to the Software industry distribution chart, Strategy ranks #340 out of 2892 companies for Equity-to-Asset. This places Strategy in the top 12% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.56. Strategy's value of 0.84 is 50% above this benchmark. While the company's 10-year median is 0.55 vs. the industry median of 0.56, Strategy 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 Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,892 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. Strategy's current Equity-to-Asset of 0.84 is 50% 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 Strategy and its competitors. For the Software industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Strategy's current Equity-to-Asset is 0.84, which is 53% above median its own 10-year median of 0.55. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Strategy stock overvalued right now?
Based on GuruFocus' analysis, Strategy (MSTR) is currently considered Modestly Undervalued. The stock's GF Value™ is $117.66, compared to a current price of $91.67 — trading 22.1% below its estimated fair value. The current Equity-to-Asset is 0.84, which is 53% above median its 10-year median of 0.55 and 50% above the Software industry median of 0.56. Strategy's overall GF Score™ is 61/100 with 8 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 Strategy (MSTR), the current Equity-to-Asset is 0.84 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.
Is Strategy (MSTR) Overvalued in 2026?
Based on GuruFocus' analysis, Strategy stock appears to be undervalued.
The current stock price of $91.67 is trading 22.1% below its estimated GF Value™ of $117.66.
GuruFocus considers Strategy to be Modestly Undervalued.
Key valuation signals for MSTR:
Equity-to-Asset: 0.84 (53% above median its 10-year median of 0.55)
GF Value™: $117.66 vs. price of $91.67 (22.1% below fair value)
Industry Position: 50% above the Software median (#340 of 2892)
No single metric tells the full story. See the MSTR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Strategy Inc is a bitcoin treasury company and a provider of business intelligence services. It is designed to provide investors varying degrees of economic exposure to Bitcoin by offering a range of securities, including equity and fixed-income instruments. The company also provides industry AI-powered enterprise analytics software. It has one reportable operating segment: the Software Business, which is engaged in the design, development, marketing, and sales of the company's enterprise analytics software platform through cloud subscriptions and licensing arrangements and related services (i.e., product support, consulting, and education). Geographically, the company operates in EMEA, U.S. and Other Regions, of which maximum revenue is derived from U.S..
61GF Score
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