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Northern MineralsNOURF Equity-to-Asset is 0.80 as of Dec. 2025, which is 176% above its 10-year median of 0.29. The stock has 3 warning signs investors should review. Among 2,672 Metals & Mining companies, Northern Minerals ranks better than 50.6% on this metric.
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%.
Northern Minerals Equity-to-Asset Related Terms
Northern Minerals Equity-to-Asset Historical Data
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The historical data trend for Northern Minerals'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, Northern Minerals'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.
Northern Minerals Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Northern Minerals's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Northern Minerals'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.
Northern Minerals's Equity to Asset Ratio for the fiscal year that ended in Jun. 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.
Northern Minerals (NOURF) has a Equity-to-Asset of 0.80 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Northern Minerals and its competitors. This is 176% above median its historical median of 0.29. According to the industry distribution chart, Northern Minerals ranks #1320 out of 2672 companies in the Metals & Mining industry, placing it in the top 49.4%.
Is Northern Minerals' Equity-to-Asset too high?
Northern Minerals' current Equity-to-Asset of 0.80 is 176% above median its 10-year median of 0.29. The Metals & Mining industry median Equity-to-Asset is 0.80. Northern Minerals' value of 0.80 is 0% at this industry median. Based on the distribution chart, Northern Minerals ranks #1320 out of 2672 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Northern Minerals' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Northern Minerals ranks #1320 out of 2672 companies for Equity-to-Asset. This puts Northern Minerals in the upper half of its industry. The industry median Equity-to-Asset is 0.80. Northern Minerals' value of 0.80 is 0% at this benchmark. While the company's 10-year median is 0.29 vs. the industry median of 0.80, Northern Minerals 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 2,672 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. Northern Minerals'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 Northern Minerals 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. Northern Minerals's current Equity-to-Asset is 0.80, which is 176% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Northern Minerals stock overvalued right now?
Northern Minerals (NOURF) has a current Equity-to-Asset of 0.80. The current Equity-to-Asset is 0.80, which is 176% above median its 10-year median of 0.29 and 0% at the Metals & Mining industry median of 0.80. 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 Northern Minerals (NOURF), the current Equity-to-Asset is 0.80 as of Dec. 2025. 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.
Northern Minerals Ltd is a mineral exploration company. It is engaged in the exploration and producer of the heavy rare earth, dysprosium outside of China. The company's portfolio consists of three projects, the Browns Range and John Galt projects in Western Australia, and the Boulder Ridge Project located in the Northern Territory.
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