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.
Asarian EnergyNAM:FSY 37 Equity-to-Asset is 0.97 as of Jun. 2026, which is 2% below its 10-year median of 0.99. GuruFocus rates NAM:FSY with a GF Score™ of 37/100. The stock has 1 warning sign investors should review. Among 2,670 Metals & Mining companies, Asarian Energy ranks better than 87.94% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Asarian Energy's Total Stockholders Equity for the quarter that ended in Jun. 2026 was R505.37 Mil. Asarian Energy's Total Assets for the quarter that ended in Jun. 2026 was R522.67 Mil.
The historical rank and industry rank for Asarian Energy's Equity-to-Asset or its related term are showing as below:
NAM:FSY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.9 Med: 0.99 Max: 1.03
Current: 0.97
During the past 13 years, the highest Equity to Asset Ratio of Asarian Energy was 1.03. The lowest was 0.90. And the median was 0.99.
NAM:FSY's Equity-to-Asset is ranked better than 87.94% of 2670
companies
in the Metals & Mining industry
Industry Median: 0.8
vs NAM:FSY: 0.97
Asarian Energy (NAM:FSY) 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%.
Asarian Energy Equity-to-Asset Related Terms
Asarian Energy Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Asarian Energy'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.
Asarian Energy Equity-to-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Asarian Energy'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.
Asarian Energy Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Asarian Energy's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Asarian Energy'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.
Asarian Energy'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.
Asarian Energy (NAM:FSY) has a Equity-to-Asset of 0.97 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Asarian Energy and its competitors. This is near median its historical median of 0.99. Over the past decade, Asarian Energy's Equity-to-Asset has ranged from 0.90 to 1.03. According to the industry distribution chart, Asarian Energy ranks #322 out of 2670 companies in the Metals & Mining industry, placing it in the top 12.1%.
Is Asarian Energy's Equity-to-Asset too high?
Asarian Energy's current Equity-to-Asset of 0.97 is near median its 10-year median of 0.99. Over the past 10 years, this metric has ranged from a low of 0.90 to a high of 1.03. The Metals & Mining industry median Equity-to-Asset is 0.80. Asarian Energy's value of 0.97 is 21.3% above this industry median. Based on the distribution chart, Asarian Energy ranks #322 out of 2670 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Asarian Energy has a GF Score™ of 37/100, reflecting its overall financial health beyond just this single metric.
How does Asarian Energy's Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Asarian Energy ranks #322 out of 2670 companies for Equity-to-Asset. This places Asarian Energy in the top 12% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.80. Asarian Energy's value of 0.97 is 21.3% above this benchmark. Historically, Asarian Energy's own Equity-to-Asset has ranged from 0.90 to 1.03 over the past decade. While the company's 10-year median is 0.99 vs. the industry median of 0.80, Asarian Energy 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 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. Asarian Energy's current Equity-to-Asset of 0.97 is 21.3% 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 Asarian Energy 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. Asarian Energy's current Equity-to-Asset is 0.97, which is near median its own 10-year median of 0.99. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Asarian Energy stock overvalued right now?
Asarian Energy (NAM:FSY) has a current Equity-to-Asset of 0.97. The current Equity-to-Asset is 0.97, which is near median its 10-year median of 0.99 and 21.3% above the Metals & Mining industry median of 0.80. Asarian Energy's overall GF Score™ is 37/100 with 1 warning sign 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 Asarian Energy (NAM:FSY), the current Equity-to-Asset is 0.97 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.
Forsys Metals Corp is engaged in the acquisition, exploration, and development of mineral properties in Namibia, Africa. The Company's operations are focused on its uranium projects, including the Norasa Uranium Project, Valencia Uranium Project, and Namibplaas Uranium Project.
37GF Score
Get the complete analysis for NAM:FSY
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
NAM:FSY has been successfully added to your 
