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Apogee MineralsTSXV:APMI -8.70%35 Equity-to-Asset is 0.53 as of Apr. 2026, which is 46% below its 10-year median of 0.98. GuruFocus rates TSXV:APMI with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 2,680 Metals & Mining companies, Apogee Minerals ranks worse than 71.23% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Apogee Minerals's Total Stockholders Equity for the quarter that ended in Apr. 2026 was C$0.27 Mil. Apogee Minerals's Total Assets for the quarter that ended in Apr. 2026 was C$0.51 Mil.
The historical rank and industry rank for Apogee Minerals's Equity-to-Asset or its related term are showing as below:
TSXV:APMI'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.38 Med: 0.98 Max: 1
Current: 0.53
During the past 8 years, the highest Equity to Asset Ratio of Apogee Minerals was 1.00. The lowest was -0.38. And the median was 0.98.
TSXV:APMI's Equity-to-Asset is ranked worse than 71.23% of 2680
companies
in the Metals & Mining industry
Industry Median: 0.805
vs TSXV:APMI: 0.53
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%.
Apogee Minerals Equity-to-Asset Related Terms
Apogee Minerals Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Apogee Minerals'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 Gold subindustry, Apogee Minerals'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.
Apogee Minerals Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Apogee Minerals's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Apogee Minerals'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.
Apogee Minerals's Equity to Asset Ratio for the fiscal year that ended in Jul. 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.
Apogee Minerals (TSXV:APMI) has a Equity-to-Asset of 0.53 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Apogee Minerals and its competitors. This is 46% below median its historical median of 0.98. According to the industry distribution chart, Apogee Minerals ranks #1909 out of 2680 companies in the Metals & Mining industry, placing it in the top 71.2%.
Is Apogee Minerals' Equity-to-Asset too high?
Apogee Minerals' current Equity-to-Asset of 0.53 is 46% below median its 10-year median of 0.98. The Metals & Mining industry median Equity-to-Asset is 0.81. Apogee Minerals' value of 0.53 is 34.2% below this industry median. Based on the distribution chart, Apogee Minerals ranks #1909 out of 2680 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Apogee Minerals has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Apogee Minerals' Equity-to-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Apogee Minerals ranks #1909 out of 2680 companies for Equity-to-Asset. This places Apogee Minerals in the lower half of its industry. The industry median Equity-to-Asset is 0.81. Apogee Minerals' value of 0.53 is 34.2% below this benchmark. While the company's 10-year median is 0.98 vs. the industry median of 0.81, Apogee Minerals has consistently been below 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 0.81, based on 2,680 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. Apogee Minerals's current Equity-to-Asset of 0.53 is 34.2% below 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 Apogee Minerals and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.81 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Apogee Minerals's current Equity-to-Asset is 0.53, which is 46% below median its own 10-year median of 0.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Apogee Minerals stock overvalued right now?
Apogee Minerals (TSXV:APMI) has a current Equity-to-Asset of 0.53. The current Equity-to-Asset is 0.53, which is 46% below median its 10-year median of 0.98 and 34.2% below the Metals & Mining industry median of 0.81. Apogee Minerals' overall GF Score™ is 35/100 with 1 warning sign 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 Apogee Minerals (TSXV:APMI), the current Equity-to-Asset is 0.53 as of Apr. 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.
Apogee Minerals Ltd principal business activity is the acquisition and exploration of mineral property interests in Canada. Its principal assets are the Pine Channel Gold Property, the May Lake Property, and the Shasko Bay Project.
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