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NACCO IndustriesNC -0.74%65 Equity-to-Asset is 0.64 as of Jun. 2026, which is 4% below its 10-year median of 0.67. GuruFocus rates NC with a GF Score™ of 65/100 and a GF Value™ of $41.47 (Fairly Valued). The stock has 7 warning signs investors should review. Among 185 Other Energy Sources companies, NACCO Industries ranks better than 55.68% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NACCO Industries's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $436.1 Mil. NACCO Industries's Total Assets for the quarter that ended in Jun. 2026 was $677.5 Mil.
Therefore, NACCO Industries's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.64.
The historical rank and industry rank for NACCO Industries's Equity-to-Asset or its related term are showing as below:
NC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.3 Med: 0.67 Max: 0.77
Current: 0.64
During the past 13 years, the highest Equity to Asset Ratio of NACCO Industries was 0.77. The lowest was 0.30. And the median was 0.67.
NC's Equity-to-Asset is ranked better than 55.68% of 185
companies
in the Other Energy Sources industry
Industry Median: 0.57
vs NC: 0.64
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%.
NACCO Industries Equity-to-Asset Related Terms
NACCO Industries Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for NACCO Industries'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 Thermal Coal subindustry, NACCO Industries'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.
NACCO Industries Equity-to-Asset vs Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, NACCO Industries's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where NACCO Industries'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.
NACCO Industries'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.
NACCO Industries (NC) has a Equity-to-Asset of 0.64 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on NACCO Industries and its competitors. This is near median its historical median of 0.67. Over the past decade, NACCO Industries' Equity-to-Asset has ranged from 0.30 to 0.77. According to the industry distribution chart, NACCO Industries ranks #82 out of 185 companies in the Other Energy Sources industry, placing it in the top 44.3%.
Is NACCO Industries' Equity-to-Asset too high?
NACCO Industries' current Equity-to-Asset of 0.64 is near median its 10-year median of 0.67. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 0.77. The Other Energy Sources industry median Equity-to-Asset is 0.57. NACCO Industries' value of 0.64 is 12.3% above this industry median. Based on the distribution chart, NACCO Industries ranks #82 out of 185 companies in the Other Energy Sources industry, which is above the industry midpoint. Overall, NACCO Industries has a GF Score™ of 65/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NACCO Industries' Equity-to-Asset compare to NRP and CNR?
According to the Other Energy Sources industry distribution chart, NACCO Industries ranks #82 out of 185 companies for Equity-to-Asset. This puts NACCO Industries in the upper half of its industry. The industry median Equity-to-Asset is 0.57. NACCO Industries' value of 0.64 is 12.3% above this benchmark. Historically, NACCO Industries' own Equity-to-Asset has ranged from 0.30 to 0.77 over the past decade. While the company's 10-year median is 0.67 vs. the industry median of 0.57, NACCO Industries 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 an Other Energy Sources company?
The median Equity-to-Asset among Other Energy Sources companies is 0.57, based on 185 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. NACCO Industries's current Equity-to-Asset of 0.64 is 12.3% 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 NACCO Industries and its competitors. For the Other Energy Sources industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NACCO Industries's current Equity-to-Asset is 0.64, which is near median its own 10-year median of 0.67. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NACCO Industries stock overvalued right now?
Based on GuruFocus' analysis, NACCO Industries (NC) is currently considered Fairly Valued. The stock's GF Value™ is $41.47, compared to a current price of $41.69 — trading 0.5% above its estimated fair value. The current Equity-to-Asset is 0.64, which is near median its 10-year median of 0.67 and 12.3% above the Other Energy Sources industry median of 0.57. NACCO Industries' overall GF Score™ is 65/100 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 NACCO Industries (NC), the current Equity-to-Asset is 0.64 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 NACCO Industries (NC) Overvalued in 2026?
Based on GuruFocus' analysis, NACCO Industries stock appears to be overvalued.
The current stock price of $41.69 is trading 0.5% above its estimated GF Value™ of $41.47.
GuruFocus considers NACCO Industries to be Fairly Valued.
Key valuation signals for NC:
Equity-to-Asset: 0.64 (near median its 10-year median of 0.67)
GF Value™: $41.47 vs. price of $41.69 (0.5% above fair value)
Industry Position: 12.3% above the Other Energy Sources median (#82 of 185)
No single metric tells the full story. See the NC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NACCO Industries Inc is a holding company that operates in the mining and natural resource industries. It has three operating segments: Utility Coal Mining, Contract Mining, and Minerals and Royalties. The Utility Coal Mining segment, operated by North American Coal, manages surface coal mines that are exclusive, long-term fuel providers for power generation companies. The Contract Mining segment, operated by North American Mining, is a provider of a broad range of specialized, long-term contract mining services. The Minerals and Royalties segment, which includes the Catapult Mineral Partners (Catapult) business, acquires and promotes the development of mineral and royalty interests and other related investments.
65GF Score
Get the complete analysis for NC
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