Stem (STEMWS) Equity-to-Asset: -0.95 (As of Mar. 2026)

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What is Stem Equity-to-Asset?

Stem STEMWS 54 Equity-to-Asset is -0.95 as of Mar. 2026. GuruFocus rates STEMWS with a GF Score™ of 54/100. The stock has 6 warning signs investors should review. Among 450 Utilities - Independent Power Producers companies, Stem ranks worse than 98.89% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Stem's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-266.26 Mil. Stem's Total Assets for the quarter that ended in Mar. 2026 was $281.88 Mil. Therefore, Stem's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was -0.95.

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

STEMWS' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.03   Med: 0.29   Max: 0.77
Current: -0.95

During the past 7 years, the highest Equity to Asset Ratio of Stem was 0.77. The lowest was -1.03. And the median was 0.29.

STEMWS's Equity-to-Asset is ranked worse than
98.89% of 450 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.41 vs STEMWS: -0.95

Stem  (NYSE:STEMWS) 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%.


Stem Equity-to-Asset Related Terms


Stem Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Stem'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.

Stem Equity-to-Asset Chart

Stem Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial 0.56 0.39 0.31 -0.91 -0.81

Stem Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -1.03 -0.56 -0.65 -0.81 -0.95

STEMWS vs NXXT, AGIG, VGAS: Equity-to-Asset Comparison

For the Utilities - Renewable subindustry, Stem'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.


Stem Equity-to-Asset vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Stem's Equity-to-Asset distribution charts can be found below:

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



Stem 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.

Stem'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
=-249.442/308.887
=-0.81

Stem's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=-266.264/281.88
=-0.94

* 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 -0.95 mean?
Stem (STEMWS) has a Equity-to-Asset of -0.95 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Stem and its competitors. According to the industry distribution chart, Stem ranks #445 out of 450 companies in the Utilities - Independent Power Producers industry, placing it in the top 98.9%.
Is Stem's Equity-to-Asset too high?
Stem's current Equity-to-Asset is -0.95. Based on the distribution chart, Stem ranks #445 out of 450 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, Stem has a GF Score™ of 54/100, reflecting its overall financial health beyond just this single metric.
How does Stem's Equity-to-Asset compare to NXXT and AGIG?
According to the Utilities - Independent Power Producers industry distribution chart, Stem ranks #445 out of 450 companies for Equity-to-Asset. This places Stem in the lower half of its industry. The industry median Equity-to-Asset is 0.41. 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 Utilities - Independent Power Producers company?
The median Equity-to-Asset among Utilities - Independent Power Producers companies is 0.41, based on 450 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 Stem and its competitors. For the Utilities - Independent Power Producers industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Stem's current Equity-to-Asset is -0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Stem stock overvalued right now?
Stem (STEMWS) has a current Equity-to-Asset of -0.95. The current Equity-to-Asset is -0.95. Stem's overall GF Score™ is 54/100 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 Stem (STEMWS), the current Equity-to-Asset is -0.95 as of Mar. 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.

Stem Business Description

Other Exchanges STEM:USA5QQ:Germany
Address 1400 Post Oak Boulevard, Suite 560, Houston, TX, USA, 77056
Stem Inc is a provider of energy storage systems. The company bundles third-party hardware with its proprietary Athena software to provide customers a turnkey solution. Stem sells its solutions to commercial and industrial customers as well as independent power producers and renewable developers. Its solutions help customers maximize renewable energy generation and help build a cleaner and more resilient grid. The Company operates as one operating segment that is focused exclusively on technology services that transform the way energy is distributed and consumed.