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Polar Resources ASOSL:POLAR -8.77%8 Equity-to-Asset is -143.23 as of Dec. 2025. GuruFocus rates OSL:POLAR with a GF Score™ of 8/100. The stock has 1 warning sign investors should review. Among 2,677 Metals & Mining companies, Polar Resources AS ranks worse than 99.33% on this metric.
Polar Resources AS (OSL:POLAR) 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%.
Polar Resources AS Equity-to-Asset Related Terms
Polar Resources AS Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Polar Resources AS'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.
Polar Resources AS Equity-to-Asset Chart
Polar Resources AS Annual Data
Trend
Dec23
Dec24
Dec25
Equity-to-Asset
0.82
-39.90
-143.23
Polar Resources AS Semi-Annual Data
Dec23
Dec24
Dec25
Equity-to-Asset
0.82
-39.90
-143.23
Polar Resources AS Equity-to-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, Polar Resources AS'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.
Polar Resources AS Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Polar Resources AS's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Polar Resources AS'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.
Polar Resources AS'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.
Polar Resources AS (OSL:POLAR) has a Equity-to-Asset of -143.23 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Polar Resources AS and its competitors. According to the industry distribution chart, Polar Resources AS ranks #2659 out of 2677 companies in the Metals & Mining industry, placing it in the top 99.3%.
Is Polar Resources AS's Equity-to-Asset too high?
Polar Resources AS's current Equity-to-Asset is -143.23. Based on the distribution chart, Polar Resources AS ranks #2659 out of 2677 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Polar Resources AS has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Polar Resources AS's Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Polar Resources AS ranks #2659 out of 2677 companies for Equity-to-Asset. This places Polar Resources AS in the lower half of its industry. The industry median Equity-to-Asset is 0.81. 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 0.81, based on 2,677 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 Polar Resources AS and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Polar Resources AS's current Equity-to-Asset is -143.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polar Resources AS stock overvalued right now?
Polar Resources AS (OSL:POLAR) has a current Equity-to-Asset of -143.23. The current Equity-to-Asset is -143.23. Polar Resources AS's overall GF Score™ is 8/100 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 Polar Resources AS (OSL:POLAR), the current Equity-to-Asset is -143.23 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.
Polar Resources AS is focused on the fragmented junior mining sector in Norway. The company is engaged in mineral exploration and natural resource asset acquisitions. Its business activities include mineral exploration in Norway and the acquisition of assets in the natural resources industry. The company holds exploration licences covering four areas in Central Norway with reported occurrences of copper and zinc mineralisation. It also pursues acquisitions of oil and gas assets in Europe, Latin America, and Southeast Asia.
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