SINGF (Singapore Airlines) Equity-to-Asset: 0.39 (As of Jun. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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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.

SINGF Singapore Airlines Ltd SINGF
74 GF Score
Price $5.80
GF Value $5.39
Valuation Fairly Valued
! 9 Warning Signs
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What is Singapore Airlines Equity-to-Asset?

Singapore Airlines SINGF 74 Equity-to-Asset is 0.39 as of Jun. 2026, which is 7% below its 10-year median of 0.42. GuruFocus rates SINGF with a GF Score™ of 74/100 and a GF Value™ of $5.39 (Fairly Valued). The stock has 9 warning signs investors should review. Among 1,010 Transportation companies, Singapore Airlines ranks worse than 64.75% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Singapore Airlines's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $12,879 Mil. Singapore Airlines's Total Assets for the quarter that ended in Jun. 2026 was $33,493 Mil. Therefore, Singapore Airlines's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.39.

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

SINGF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.28   Med: 0.42   Max: 0.56
Current: 0.39

During the past 13 years, the highest Equity to Asset Ratio of Singapore Airlines was 0.56. The lowest was 0.28. And the median was 0.42.

SINGF's Equity-to-Asset is ranked worse than
64.75% of 1010 companies
in the Transportation industry
Industry Median: 0.5 vs SINGF: 0.39

Singapore Airlines  (OTCPK:SINGF) 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%.


Singapore Airlines Equity-to-Asset Related Terms


Singapore Airlines Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Singapore Airlines'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.

Singapore Airlines Equity-to-Asset Chart

Singapore Airlines 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 0.46 0.40 0.37 0.36 0.40

Singapore Airlines 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 0.38 0.38 0.39 0.40 0.39

SINGF vs DAL, UAL, LUV: Equity-to-Asset Comparison

For the Airlines subindustry, Singapore Airlines'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.


Singapore Airlines Equity-to-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Singapore Airlines's Equity-to-Asset distribution charts can be found below:

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


SINGF
74GF Score
Singapore Airlines Ltd SINGF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Singapore Airlines 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.

Singapore Airlines'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
=13489.919/33926.774
=0.40

Singapore Airlines'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
=12878.553/33492.934
=0.38

* 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 0.39 mean?
Singapore Airlines (SINGF) has a Equity-to-Asset of 0.39 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Singapore Airlines and its competitors. This is near median its historical median of 0.42. Over the past decade, Singapore Airlines' Equity-to-Asset has ranged from 0.28 to 0.56. According to the industry distribution chart, Singapore Airlines ranks #654 out of 1010 companies in the Transportation industry, placing it in the top 64.8%.
Is Singapore Airlines' Equity-to-Asset too high?
Singapore Airlines' current Equity-to-Asset of 0.39 is near median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.28 to a high of 0.56. The Transportation industry median Equity-to-Asset is 0.50. Singapore Airlines' value of 0.39 is 22% below this industry median. Based on the distribution chart, Singapore Airlines ranks #654 out of 1010 companies in the Transportation industry, which is below the industry midpoint. Overall, Singapore Airlines has a GF Score™ of 74/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Singapore Airlines' Equity-to-Asset compare to DAL and UAL?
According to the Transportation industry distribution chart, Singapore Airlines ranks #654 out of 1010 companies for Equity-to-Asset. This places Singapore Airlines in the lower half of its industry. The industry median Equity-to-Asset is 0.50. Singapore Airlines' value of 0.39 is 22% below this benchmark. Historically, Singapore Airlines' own Equity-to-Asset has ranged from 0.28 to 0.56 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.50, Singapore Airlines 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 a Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,010 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. Singapore Airlines's current Equity-to-Asset of 0.39 is 22% 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 Singapore Airlines and its competitors. For the Transportation 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. Singapore Airlines's current Equity-to-Asset is 0.39, which is near median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Singapore Airlines stock overvalued right now?
Based on GuruFocus' analysis, Singapore Airlines (SINGF) is currently considered Fairly Valued. The stock's GF Value™ is $5.39, compared to a current price of $5.80 — trading 7.6% above its estimated fair value. The current Equity-to-Asset is 0.39, which is near median its 10-year median of 0.42 and 22% below the Transportation industry median of 0.50. Singapore Airlines' overall GF Score™ is 74/100 with 9 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 Singapore Airlines (SINGF), the current Equity-to-Asset is 0.39 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 Singapore Airlines (SINGF) Overvalued in 2026?

Based on GuruFocus' analysis, Singapore Airlines stock appears to be overvalued. The current stock price of $5.80 is trading 7.6% above its estimated GF Value™ of $5.39. GuruFocus considers Singapore Airlines to be Fairly Valued.

Key valuation signals for SINGF:

  • Equity-to-Asset: 0.39 (near median its 10-year median of 0.42)
  • GF Value™: $5.39 vs. price of $5.80 (7.6% above fair value)
  • GF Score™: 74/100 with 9 warning signs
  • Industry Position: 22% below the Transportation median (#654 of 1010)

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


Singapore Airlines Business Description

Address 25 Airline Road, Airline House, Sinagapore, SGP, 819829
Singapore Airlines is Singapore's flagship carrier and one of the region's largest airlines in terms of revenue and carrying capacity. With its hub in Changi Airport, the carrier provides regional and cross-continental passenger and cargo services destined to or transiting through Singapore. The company operates under dual brands: full-service carrier SIA and low-cost regional carrier Scoot. It also owns stakes in SATS and SIA Engineering. In 2024, the merger of its associate airline Vistara with Air India resulted in Singapore Airlines owning a 25% stake in Air India.
74GF Score

Get the complete analysis for SINGF

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

$5.80
Price
$5.39
GF Value