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Elemental RoyaltyTSX:ELE -3.96%73 Equity-to-Asset is 0.85 as of Jun. 2026, which is 2% above its 10-year median of 0.83. GuruFocus rates TSX:ELE with a GF Score™ of 73/100 and a GF Value™ of C$22.74 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,672 Metals & Mining companies, Elemental Royalty ranks better than 56.47% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Elemental Royalty's Total Stockholders Equity for the quarter that ended in Jun. 2026 was C$1,103.96 Mil. Elemental Royalty's Total Assets for the quarter that ended in Jun. 2026 was C$1,294.41 Mil.
Therefore, Elemental Royalty's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.85.
The historical rank and industry rank for Elemental Royalty's Equity-to-Asset or its related term are showing as below:
TSX:ELE'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.41 Med: 0.83 Max: 0.99
Current: 0.85
During the past 7 years, the highest Equity to Asset Ratio of Elemental Royalty was 0.99. The lowest was 0.41. And the median was 0.83.
TSX:ELE's Equity-to-Asset is ranked better than 56.47% of 2672
companies
in the Metals & Mining industry
Industry Median: 0.8
vs TSX:ELE: 0.85
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%.
Elemental Royalty Equity-to-Asset Related Terms
Elemental Royalty Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Elemental Royalty'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.
For the Other Precious Metals & Mining subindustry, Elemental Royalty'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.
Elemental Royalty Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Elemental Royalty's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Elemental Royalty'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.
Elemental Royalty's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
Elemental Royalty (TSX:ELE) has a Equity-to-Asset of 0.85 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Elemental Royalty and its competitors. This is near median its historical median of 0.83. Over the past decade, Elemental Royalty's Equity-to-Asset has ranged from 0.41 to 0.99. According to the industry distribution chart, Elemental Royalty ranks #1163 out of 2672 companies in the Metals & Mining industry, placing it in the top 43.5%.
Is Elemental Royalty's Equity-to-Asset too high?
Elemental Royalty's current Equity-to-Asset of 0.85 is near median its 10-year median of 0.83. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.99. The Metals & Mining industry median Equity-to-Asset is 0.80. Elemental Royalty's value of 0.85 is 6.2% above this industry median. Based on the distribution chart, Elemental Royalty ranks #1163 out of 2672 companies in the Metals & Mining industry, which is above the industry midpoint. Overall, Elemental Royalty has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Elemental Royalty's Equity-to-Asset compare to HL?
According to the Metals & Mining industry distribution chart, Elemental Royalty ranks #1163 out of 2672 companies for Equity-to-Asset. This puts Elemental Royalty in the upper half of its industry. The industry median Equity-to-Asset is 0.80. Elemental Royalty's value of 0.85 is 6.2% above this benchmark. Historically, Elemental Royalty's own Equity-to-Asset has ranged from 0.41 to 0.99 over the past decade. While the company's 10-year median is 0.83 vs. the industry median of 0.80, Elemental Royalty 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 2,672 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. Elemental Royalty's current Equity-to-Asset of 0.85 is 6.2% 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 Elemental Royalty 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. Elemental Royalty's current Equity-to-Asset is 0.85, which is near median its own 10-year median of 0.83. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Elemental Royalty stock overvalued right now?
Based on GuruFocus' analysis, Elemental Royalty (TSX:ELE) is currently considered Significantly Overvalued. The stock's GF Value™ is C$22.74, compared to a current price of C$30.33 — trading 33.4% above its estimated fair value. The current Equity-to-Asset is 0.85, which is near median its 10-year median of 0.83 and 6.2% above the Metals & Mining industry median of 0.80. Elemental Royalty's overall GF Score™ is 73/100 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 Elemental Royalty (TSX:ELE), the current Equity-to-Asset is 0.85 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 Elemental Royalty (TSX:ELE) Overvalued in 2026?
Based on GuruFocus' analysis, Elemental Royalty stock appears to be overvalued.
The current stock price of C$30.33 is trading 33.4% above its estimated GF Value™ of C$22.74.
GuruFocus considers Elemental Royalty to be Significantly Overvalued.
Key valuation signals for TSX:ELE:
Equity-to-Asset: 0.85 (near median its 10-year median of 0.83)
GF Value™: C$22.74 vs. price of C$30.33 (33.4% above fair value)
Industry Position: 6.2% above the Metals & Mining median (#1163 of 2672)
No single metric tells the full story. See the TSX:ELE stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Elemental Royalty Corp is engaged in exploration discovery, royalty generation, royalty acquisition, and strategic investments. It is the result of the strategic merger of Elemental Altus Royalties and EMX Royalty Corporation together creating a mid-tier gold-focused royalty company with the scale, diversification, and cash flow. Geographically, the company generates revenue from North America, South America, Europe, Australia and Africa.
73GF Score
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