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.
TotalEnergies Marketing NigeriaNSA:TOTL 73 Equity-to-Asset is 0.13 as of Jun. 2026, which is 28% below its 10-year median of 0.18. GuruFocus rates NSA:TOTL with a GF Score™ of 73/100 and a GF Value™ of ₦561.40 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,029 Oil & Gas companies, TotalEnergies Marketing Nigeria ranks worse than 88.53% 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%.
TotalEnergies Marketing Nigeria Equity-to-Asset Related Terms
TotalEnergies Marketing Nigeria Equity-to-Asset Historical Data
* 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.
NSA:TOTL vs MPC, VLO, PSX: Equity-to-Asset Comparison
For the Oil & Gas Refining & Marketing subindustry, TotalEnergies Marketing Nigeria'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.
TotalEnergies Marketing Nigeria Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, TotalEnergies Marketing Nigeria's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where TotalEnergies Marketing Nigeria'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.
* 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.
TotalEnergies Marketing Nigeria (NSA:TOTL) has a Equity-to-Asset of 0.13 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on TotalEnergies Marketing Nigeria and its competitors. This is 28% below median its historical median of 0.18. Over the past decade, TotalEnergies Marketing Nigeria's Equity-to-Asset has ranged from 0.12 to 0.26. According to the industry distribution chart, TotalEnergies Marketing Nigeria ranks #911 out of 1029 companies in the Oil & Gas industry, placing it in the top 88.5%.
Is TotalEnergies Marketing Nigeria's Equity-to-Asset too high?
TotalEnergies Marketing Nigeria's current Equity-to-Asset of 0.13 is 28% below median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.26. The Oil & Gas industry median Equity-to-Asset is 0.50. TotalEnergies Marketing Nigeria's value of 0.13 is 74% below this industry median. Based on the distribution chart, TotalEnergies Marketing Nigeria ranks #911 out of 1029 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, TotalEnergies Marketing Nigeria has a GF Score™ of 73/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does TotalEnergies Marketing Nigeria's Equity-to-Asset compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, TotalEnergies Marketing Nigeria ranks #911 out of 1029 companies for Equity-to-Asset. This places TotalEnergies Marketing Nigeria in the lower half of its industry. The industry median Equity-to-Asset is 0.50. TotalEnergies Marketing Nigeria's value of 0.13 is 74% below this benchmark. Historically, TotalEnergies Marketing Nigeria's own Equity-to-Asset has ranged from 0.12 to 0.26 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.50, TotalEnergies Marketing Nigeria has consistently been below 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 Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.50, based on 1,029 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. TotalEnergies Marketing Nigeria's current Equity-to-Asset of 0.13 is 74% below 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 TotalEnergies Marketing Nigeria and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. TotalEnergies Marketing Nigeria's current Equity-to-Asset is 0.13, which is 28% below median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TotalEnergies Marketing Nigeria stock overvalued right now?
Based on GuruFocus' analysis, TotalEnergies Marketing Nigeria (NSA:TOTL) is currently considered Fairly Valued. The stock's GF Value™ is ₦561.40, compared to a current price of ₦576.00 — trading 2.6% above its estimated fair value. The current Equity-to-Asset is 0.13, which is 28% below median its 10-year median of 0.18 and 74% below the Oil & Gas industry median of 0.50. TotalEnergies Marketing Nigeria's overall GF Score™ is 73/100 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 TotalEnergies Marketing Nigeria (NSA:TOTL), the current Equity-to-Asset is 0.13 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 TotalEnergies Marketing Nigeria (NSA:TOTL) Overvalued in 2026?
Based on GuruFocus' analysis, TotalEnergies Marketing Nigeria stock appears to be overvalued.
The current stock price of ₦576.00 is trading 2.6% above its estimated GF Value™ of ₦561.40.
GuruFocus considers TotalEnergies Marketing Nigeria to be Fairly Valued.
Key valuation signals for NSA:TOTL:
Equity-to-Asset: 0.13 (28% below median its 10-year median of 0.18)
GF Value™: ₦561.40 vs. price of ₦576.00 (2.6% above fair value)
Industry Position: 74% below the Oil & Gas median (#911 of 1029)
No single metric tells the full story. See the NSA:TOTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
TotalEnergies Marketing Nigeria PLC is engaged in the marketing and distribution of petroleum products. Its operating segment includes the Network segment, which includes sales to service stations. The General Trade segment is engaged in sales to corporate customers, excluding customers in the aviation industry. Its Aviation segment is engaged in sales to customers in the aviation industry. The company generates maximum revenue from the Network segment. Geographically, it derives a majority of revenue from Nigeria. Its product categories include Motorcycle Lubricants, Engine Oil for Cars, Engine Oils for Heavy-Duty Engines, and Other Lubricants.
73GF Score
Get the complete analysis for NSA:TOTL
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
NSA:TOTL has been successfully added to your 
