TBN (Tamboran Resources) Equity-to-Asset: 0.59 (As of Mar. 2026) — 14% Below Median

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TBN Tamboran Resources Corp TBN
14 GF Score
Price $39.83
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What is Tamboran Resources Equity-to-Asset?

Tamboran Resources TBN +5.15% 14 Equity-to-Asset is 0.59 as of Mar. 2026, which is 14% below its 10-year median of 0.69. GuruFocus rates TBN with a GF Score™ of 14/100. Among 1,033 Oil & Gas companies, Tamboran Resources ranks better than 62.92% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tamboran Resources's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $395.55 Mil. Tamboran Resources's Total Assets for the quarter that ended in Mar. 2026 was $672.06 Mil.

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

TBN' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.58   Med: 0.69   Max: 0.96
Current: 0.59

During the past 6 years, the highest Equity to Asset Ratio of Tamboran Resources was 0.96. The lowest was -1.58. And the median was 0.69.

TBN's Equity-to-Asset is ranked better than
62.92% of 1033 companies
in the Oil & Gas industry
Industry Median: 0.5 vs TBN: 0.59

Tamboran Resources  (NYSE:TBN) 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%.


Tamboran Resources Equity-to-Asset Related Terms


Tamboran Resources Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Tamboran 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.

Tamboran Resources Equity-to-Asset Chart

Tamboran Resources Annual Data
Trend Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Equity-to-Asset
Get a 7-Day Free Trial 0.93 0.96 0.76 0.73 0.64

Tamboran Resources 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 0.63 0.64 0.61 0.60 0.59

TBN vs DMLP, KRP, HPK: Equity-to-Asset Comparison

For the Oil & Gas E&P subindustry, Tamboran 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.


Tamboran Resources Equity-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tamboran Resources's Equity-to-Asset distribution charts can be found below:

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


TBN
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Tamboran Resources Corp TBN
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Tamboran 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.

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

Equity to Asset (A: Jun. 2025 )=Total Stockholders Equity/Total Assets
=287.721/446.462
=

Tamboran Resources'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
=395.554/672.062
=

* 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 0.59 mean?
Tamboran Resources (TBN) has a Equity-to-Asset of 0.59 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tamboran Resources and its competitors. This is 14% below median its historical median of 0.69. According to the industry distribution chart, Tamboran Resources ranks #383 out of 1033 companies in the Oil & Gas industry, placing it in the top 37.1%.
Is Tamboran Resources' Equity-to-Asset too high?
Tamboran Resources' current Equity-to-Asset of 0.59 is 14% below median its 10-year median of 0.69. The Oil & Gas industry median Equity-to-Asset is 0.50. Tamboran Resources' value of 0.59 is 18% above this industry median. Based on the distribution chart, Tamboran Resources ranks #383 out of 1033 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Tamboran Resources has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does Tamboran Resources' Equity-to-Asset compare to DMLP and KRP?
According to the Oil & Gas industry distribution chart, Tamboran Resources ranks #383 out of 1033 companies for Equity-to-Asset. This puts Tamboran Resources in the upper half of its industry. The industry median Equity-to-Asset is 0.50. Tamboran Resources' value of 0.59 is 18% above this benchmark. While the company's 10-year median is 0.69 vs. the industry median of 0.50, Tamboran 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 an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.50, based on 1,033 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. Tamboran Resources's current Equity-to-Asset of 0.59 is 18% 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 Tamboran Resources and its competitors. For the Oil & Gas 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. Tamboran Resources's current Equity-to-Asset is 0.59, which is 14% below median its own 10-year median of 0.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tamboran Resources stock overvalued right now?
Tamboran Resources (TBN) has a current Equity-to-Asset of 0.59. The current Equity-to-Asset is 0.59, which is 14% below median its 10-year median of 0.69 and 18% above the Oil & Gas industry median of 0.50. Tamboran Resources' overall GF Score™ is 14/100. 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 Tamboran Resources (TBN), the current Equity-to-Asset is 0.59 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.

Tamboran Resources Business Description

Industry EnergyOil & Gas
Address 100 Barangaroo Avenue, Suite 01, Level 39, Tower One, International Towers, Barangaroo, Sydney, NSW, AUS, 2000
Tamboran Resources Corp is a gas company focused on supporting the Net Zero CO2 energy transition in Australia and Asia-Pacific through developing low CO2 unconventional gas resources in the Australian Northern Territory. The group is in the exploration and appraisal stage, focusing on its primary assets consisting of rights to working interests in exploration acreage in the Beetaloo sub-basin, Northern Territory, Australia.
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