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Polaris Renewable EnergyTSX:PIF -0.60%80 Equity-to-Asset is 0.45 as of Jun. 2026, which is 4% below its 10-year median of 0.47. GuruFocus rates TSX:PIF with a GF Score™ of 80/100 and a GF Value™ of C$12.60 (Modestly Overvalued). The stock has 13 warning signs investors should review. Among 457 Utilities - Independent Power Producers companies, Polaris Renewable Energy ranks better than 55.8% on this metric.
Polaris Renewable Energy (TSX:PIF) 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%.
Polaris Renewable Energy Equity-to-Asset Related Terms
Polaris Renewable Energy Equity-to-Asset Historical Data
* 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.
Polaris Renewable Energy Equity-to-Asset Competitor Comparison
For the Utilities - Renewable subindustry, Polaris Renewable Energy'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.
Polaris Renewable Energy Equity-to-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Polaris Renewable Energy's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Polaris Renewable Energy's Equity-to-Asset falls into.
Polaris Renewable Energy 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.
Polaris Renewable Energy'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.
Polaris Renewable Energy (TSX:PIF) has a Equity-to-Asset of 0.45 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Polaris Renewable Energy and its competitors. This is near median its historical median of 0.47. Over the past decade, Polaris Renewable Energy's Equity-to-Asset has ranged from 0.39 to 0.53. According to the industry distribution chart, Polaris Renewable Energy ranks #202 out of 457 companies in the Utilities - Independent Power Producers industry, placing it in the top 44.2%.
Is Polaris Renewable Energy's Equity-to-Asset too high?
Polaris Renewable Energy's current Equity-to-Asset of 0.45 is near median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.39 to a high of 0.53. The Utilities - Independent Power Producers industry median Equity-to-Asset is 0.41. Polaris Renewable Energy's value of 0.45 is 9.8% above this industry median. Based on the distribution chart, Polaris Renewable Energy ranks #202 out of 457 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint. Overall, Polaris Renewable Energy has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Polaris Renewable Energy's Equity-to-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Polaris Renewable Energy ranks #202 out of 457 companies for Equity-to-Asset. This puts Polaris Renewable Energy in the upper half of its industry. The industry median Equity-to-Asset is 0.41. Polaris Renewable Energy's value of 0.45 is 9.8% above this benchmark. Historically, Polaris Renewable Energy's own Equity-to-Asset has ranged from 0.39 to 0.53 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.41, Polaris Renewable Energy 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 Utilities - Independent Power Producers company?
The median Equity-to-Asset among Utilities - Independent Power Producers companies is 0.41, based on 457 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. Polaris Renewable Energy's current Equity-to-Asset of 0.45 is 9.8% 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 Polaris Renewable Energy 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. Polaris Renewable Energy's current Equity-to-Asset is 0.45, which is near median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Polaris Renewable Energy stock overvalued right now?
Based on GuruFocus' analysis, Polaris Renewable Energy (TSX:PIF) is currently considered Modestly Overvalued. The stock's GF Value™ is C$12.60, compared to a current price of C$14.79 — trading 17.4% above its estimated fair value. The current Equity-to-Asset is 0.45, which is near median its 10-year median of 0.47 and 9.8% above the Utilities - Independent Power Producers industry median of 0.41. Polaris Renewable Energy's overall GF Score™ is 80/100 with 13 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 Polaris Renewable Energy (TSX:PIF), the current Equity-to-Asset is 0.45 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 Polaris Renewable Energy (TSX:PIF) Overvalued in 2026?
Based on GuruFocus' analysis, Polaris Renewable Energy stock appears to be overvalued.
The current stock price of C$14.79 is trading 17.4% above its estimated GF Value™ of C$12.60.
GuruFocus considers Polaris Renewable Energy to be Modestly Overvalued.
Key valuation signals for TSX:PIF:
Equity-to-Asset: 0.45 (near median its 10-year median of 0.47)
GF Value™: C$12.60 vs. price of C$14.79 (17.4% above fair value)
Industry Position: 9.8% above the Utilities - Independent Power Producers median (#202 of 457)
No single metric tells the full story. See the TSX:PIF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Polaris Renewable Energy Inc is engaged in the acquisition, exploration, development, and operation of renewable energy projects in Latin America and the Caribbean. The company has six reportable operating segments: 1) Nicaragua: It includes acquisition, exploration, development and operation of a geothermal project, 2) Peru: It includes acquisition, development and operation of hydroelectric projects, 3) Panama: It includes acquisition, development and operation of solar projects, 4) Dominican Republic: It includes acquisition, development and operation of solar projects, 5) Puerto Rico: It includes acquisition, development and operation of onshore wind farms, 6) Ecuador: It includes acquisition and operation of hydroelectric projects. The majority of revenue is derived from Nicaragua.
80GF Score
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