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.
Surge ComponentsSPRS +1.45%56 Equity-to-Asset is 0.77 as of May. 2026, which is 17% above its 10-year median of 0.66. GuruFocus rates SPRS with a GF Score™ of 56/100 and a GF Value™ of $2.72 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,500 Hardware companies, Surge Components ranks better than 82.08% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Surge Components's Total Stockholders Equity for the quarter that ended in May. 2026 was $21.77 Mil. Surge Components's Total Assets for the quarter that ended in May. 2026 was $28.36 Mil.
Therefore, Surge Components's Equity to Asset Ratio for the quarter that ended in May. 2026 was 0.77.
The historical rank and industry rank for Surge Components's Equity-to-Asset or its related term are showing as below:
SPRS'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.37 Med: 0.66 Max: 0.8
Current: 0.77
During the past 13 years, the highest Equity to Asset Ratio of Surge Components was 0.80. The lowest was 0.37. And the median was 0.66.
SPRS's Equity-to-Asset is ranked better than 82.08% of 2500
companies
in the Hardware industry
Industry Median: 0.57
vs SPRS: 0.77
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%.
Surge Components Equity-to-Asset Related Terms
Surge Components Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Surge Components'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.
SPRS vs TAIT, IZM, SNX: Equity-to-Asset Comparison
For the Electronics & Computer Distribution subindustry, Surge Components'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.
Surge Components Equity-to-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Surge Components's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Surge Components'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.
Surge Components's Equity to Asset Ratio for the fiscal year that ended in Nov. 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.
Surge Components (SPRS) has a Equity-to-Asset of 0.77 as of May. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Surge Components and its competitors. This is 17% above median its historical median of 0.66. Over the past decade, Surge Components' Equity-to-Asset has ranged from 0.37 to 0.80. According to the industry distribution chart, Surge Components ranks #448 out of 2500 companies in the Hardware industry, placing it in the top 17.9%.
Is Surge Components' Equity-to-Asset too high?
Surge Components' current Equity-to-Asset of 0.77 is 17% above median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 0.80. The Hardware industry median Equity-to-Asset is 0.57. Surge Components' value of 0.77 is 35.1% above this industry median. Based on the distribution chart, Surge Components ranks #448 out of 2500 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Surge Components has a GF Score™ of 56/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Surge Components' Equity-to-Asset compare to TAIT and IZM?
According to the Hardware industry distribution chart, Surge Components ranks #448 out of 2500 companies for Equity-to-Asset. This places Surge Components in the top 18% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.57. Surge Components' value of 0.77 is 35.1% above this benchmark. Historically, Surge Components' own Equity-to-Asset has ranged from 0.37 to 0.80 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.57, Surge Components 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 Hardware company?
The median Equity-to-Asset among Hardware companies is 0.57, based on 2,500 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. Surge Components's current Equity-to-Asset of 0.77 is 35.1% 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 Surge Components and its competitors. For the Hardware industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surge Components's current Equity-to-Asset is 0.77, which is 17% above median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surge Components stock overvalued right now?
Based on GuruFocus' analysis, Surge Components (SPRS) is currently considered Significantly Overvalued. The stock's GF Value™ is $2.72, compared to a current price of $4.20 — trading 54.4% above its estimated fair value. The current Equity-to-Asset is 0.77, which is 17% above median its 10-year median of 0.66 and 35.1% above the Hardware industry median of 0.57. Surge Components' overall GF Score™ is 56/100 with 5 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 Surge Components (SPRS), the current Equity-to-Asset is 0.77 as of May. 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 Surge Components (SPRS) Overvalued in 2026?
Based on GuruFocus' analysis, Surge Components stock appears to be overvalued.
The current stock price of $4.20 is trading 54.4% above its estimated GF Value™ of $2.72.
GuruFocus considers Surge Components to be Significantly Overvalued.
Key valuation signals for SPRS:
Equity-to-Asset: 0.77 (17% above median its 10-year median of 0.66)
GF Value™: $2.72 vs. price of $4.20 (54.4% above fair value)
Industry Position: 35.1% above the Hardware median (#448 of 2500)
No single metric tells the full story. See the SPRS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Surge Components Inc is a supplier of electronic products and components. The company's products include capacitors, which are electrical energy storage devices, and discrete components, such as rectifiers, switches, transistors, voltage suppressors, and diodes. Its marketed products are utilized in the electronic circuitry of products, comprising of automobiles, telecom, audio, cellular telephones, computers, consumer electronics, garage door openers, household appliances, power supplies, and security equipment. In addition, the company's products are also sold to original equipment manufacturers and distributors.
56GF Score
Get the complete analysis for SPRS
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
SPRS has been successfully added to your 
