SLMLF (Apex Resources) Equity-to-Asset: 0.82 (As of Dec. 2025) — 11% Below Median

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What is Apex Resources Equity-to-Asset?

Apex Resources SLMLF -1.23% Equity-to-Asset is 0.82 as of Dec. 2025, which is 11% below its 10-year median of 0.92. Among 2,669 Metals & Mining companies, Apex Resources ranks better than 52.53% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Apex Resources's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $3.52 Mil. Apex Resources's Total Assets for the quarter that ended in Dec. 2025 was $4.32 Mil.

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

SLMLF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.82   Med: 0.92   Max: 0.98
Current: 0.82

During the past 13 years, the highest Equity to Asset Ratio of Apex Resources was 0.98. The lowest was 0.82. And the median was 0.92.

SLMLF's Equity-to-Asset is ranked better than
52.53% of 2669 companies
in the Metals & Mining industry
Industry Median: 0.8 vs SLMLF: 0.82

Apex Resources  (OTCPK:SLMLF) 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%.


Apex Resources Equity-to-Asset Related Terms


Apex Resources Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Apex Resources'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.

Apex Resources Equity-to-Asset Chart

Apex Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 0.88 0.82 0.84 0.82

Apex Resources Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 0.84 0.85 0.83 0.83 0.82

Apex Resources Equity-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Apex Resources'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.


Apex Resources Equity-to-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Apex Resources's Equity-to-Asset distribution charts can be found below:

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



Apex Resources 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.

Apex Resources's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=3.523/4.324
=

Apex Resources's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=3.523/4.324
=

* 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 0.82 mean?
Apex Resources (SLMLF) has a Equity-to-Asset of 0.82 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Apex Resources and its competitors. This is 11% below median its historical median of 0.92. Over the past decade, Apex Resources' Equity-to-Asset has ranged from 0.82 to 0.98. According to the industry distribution chart, Apex Resources ranks #1267 out of 2669 companies in the Metals & Mining industry, placing it in the top 47.5%.
Is Apex Resources' Equity-to-Asset too high?
Apex Resources' current Equity-to-Asset of 0.82 is 11% below median its 10-year median of 0.92. Over the past 10 years, this metric has ranged from a low of 0.82 to a high of 0.98. The Metals & Mining industry median Equity-to-Asset is 0.80. Apex Resources' value of 0.82 is 2.5% above this industry median. Based on the distribution chart, Apex Resources ranks #1267 out of 2669 companies in the Metals & Mining industry, which is above the industry midpoint.
How does Apex Resources' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Apex Resources ranks #1267 out of 2669 companies for Equity-to-Asset. This puts Apex Resources in the upper half of its industry. The industry median Equity-to-Asset is 0.80. Apex Resources' value of 0.82 is 2.5% above this benchmark. Historically, Apex Resources' own Equity-to-Asset has ranged from 0.82 to 0.98 over the past decade. While the company's 10-year median is 0.92 vs. the industry median of 0.80, Apex Resources has consistently been above 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 2,669 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. Apex Resources's current Equity-to-Asset of 0.82 is 2.5% above 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 Apex Resources 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. Apex Resources's current Equity-to-Asset is 0.82, which is 11% below median its own 10-year median of 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apex Resources stock overvalued right now?
Apex Resources (SLMLF) has a current Equity-to-Asset of 0.82. The current Equity-to-Asset is 0.82, which is 11% below median its 10-year median of 0.92 and 2.5% above 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 Apex Resources (SLMLF), the current Equity-to-Asset is 0.82 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.

Apex Resources Business Description

Other Exchanges RZN1:GermanyAPX:Canada
Address 625 Howe Street, Suite 615, Vancouver, BC, CAN, V6C 2T6
Apex Resources Inc is in the exploration stage, and its principal business activity is the exploration and evaluation of mineral properties in Canada and USA. The company is in the process of exploring and evaluating its mineral properties. The company has interests in the Lithium Creek Project, the Jersey-Emerald property, and Ore Hill.