Indian Oil (NSE:IOC) Equity-to-Asset: 0.00 (As of Jun. 2026)

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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.
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Charlie Tian
Founder & CEO of GuruFocus
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.

NSE:IOC Indian Oil Corp Ltd NSE:IOC
78 GF Score
Price ₹135.11
GF Value ₹165.17
Valuation Modestly Undervalued
! 6 Warning Signs
View Full Analysis

What is Indian Oil Equity-to-Asset?

Indian Oil NSE:IOC +0.13% 78 Equity-to-Asset is 0.00 as of Jun. 2026. GuruFocus rates NSE:IOC with a GF Score™ of 78/100 and a GF Value™ of ₹165.17 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,027 Oil & Gas companies, Indian Oil ranks worse than 59.3% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Indian Oil's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil. Indian Oil's Total Assets for the quarter that ended in Jun. 2026 was ₹0 Mil.

The historical rank and industry rank for Indian Oil's Equity-to-Asset or its related term are showing as below:

NSE:IOC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.35   Max: 0.42
Current: 0.42

During the past 13 years, the highest Equity to Asset Ratio of Indian Oil was 0.42. The lowest was 0.28. And the median was 0.35.

NSE:IOC's Equity-to-Asset is ranked worse than
59.3% of 1027 companies
in the Oil & Gas industry
Industry Median: 0.5 vs NSE:IOC: 0.42

Indian Oil  (NSE:IOC) 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%.


Indian Oil Equity-to-Asset Related Terms


Indian Oil Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Indian Oil'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.

Indian Oil Equity-to-Asset Chart

Indian Oil Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.33 0.32 0.38 0.37 0.42

Indian Oil Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.38 0.00 0.42 0.00

NSE:IOC vs MPC, VLO, PSX: Equity-to-Asset Comparison

For the Oil & Gas Refining & Marketing subindustry, Indian Oil'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.


Indian Oil Equity-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Indian Oil's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Indian Oil's Equity-to-Asset falls into.


NSE:IOC
78GF Score
Indian Oil Corp Ltd NSE:IOC
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Indian Oil Equity-to-Asset Calculation

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.

Indian Oil's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=2195179.7/5289549.6
=0.42

Indian Oil's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=0/0
=

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.00 mean?
Indian Oil (NSE:IOC) has a Equity-to-Asset of 0.00 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Indian Oil and its competitors. Over the past decade, Indian Oil's Equity-to-Asset has ranged from 0.28 to 0.42. According to the industry distribution chart, Indian Oil ranks #609 out of 1027 companies in the Oil & Gas industry, placing it in the top 59.3%.
Is Indian Oil's Equity-to-Asset too high?
Indian Oil's current Equity-to-Asset is 0.00. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.42. Based on the distribution chart, Indian Oil ranks #609 out of 1027 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Indian Oil has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Indian Oil's Equity-to-Asset compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, Indian Oil ranks #609 out of 1027 companies for Equity-to-Asset. This places Indian Oil in the lower half of its industry. The industry median Equity-to-Asset is 0.50. Historically, Indian Oil's own Equity-to-Asset has ranged from 0.28 to 0.42 over the past decade. 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 1,027 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. 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 Indian Oil 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. Indian Oil's current Equity-to-Asset is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Indian Oil stock overvalued right now?
Based on GuruFocus' analysis, Indian Oil (NSE:IOC) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹165.17, compared to a current price of ₹135.11 — trading 18.2% below its estimated fair value. The current Equity-to-Asset is 0.00. Indian Oil's overall GF Score™ is 78/100 with 6 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 Indian Oil (NSE:IOC), the current Equity-to-Asset is 0.00 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 Indian Oil (NSE:IOC) Overvalued in 2026?

Based on GuruFocus' analysis, Indian Oil stock appears to be undervalued. The current stock price of ₹135.11 is trading 18.2% below its estimated GF Value™ of ₹165.17. GuruFocus considers Indian Oil to be Modestly Undervalued.

Key valuation signals for NSE:IOC:

  • Equity-to-Asset: 0.00
  • GF Value™: ₹165.17 vs. price of ₹135.11 (18.2% below fair value)
  • GF Score™: 78/100 with 6 warning signs

No single metric tells the full story. See the NSE:IOC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Indian Oil Business Description

Industry EnergyOil & Gas
Other Exchanges 530965:India
Address J.B. Tito Marg, 3079/3, Sadiq Nagar, New Delhi, IND, 110049
Indian Oil Corp Ltd conducts business across the entire hydrocarbon value chain, from refining, pipeline transportation and marketing, to exploration and production of crude oil and gas, petrochemicals, gas marketing, alternative energy sources, and globalisation of downstream operations. The group is engaged in the following business segments: Sale of Petroleum Products, Sale of Petrochemicals, Sale of Gas, and the Other operating segment, which includes oil and gas exploration activities, explosives and cryogenic business, and windmill and solar power generation. The majority of its revenue is generated from the sale of petroleum products such as motor spirit, high speed diesel, liquified petroleum gas, aviation turbine fuel, and others. Geographically, it derives key revenue from India.
78GF Score

Get the complete analysis for NSE:IOC

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹135.11
Price
₹165.17
GF Value