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Black Swan GrapheneTSXV:SWAN +5.88%38 Equity-to-Asset is 0.98 as of Mar. 2026, which is at its 10-year median of 0.98. GuruFocus rates TSXV:SWAN with a GF Score™ of 38/100. The stock has 1 warning sign investors should review. Among 1,615 Chemicals companies, Black Swan Graphene ranks better than 99.44% on this metric.
Black Swan Graphene (TSXV:SWAN) 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%.
Black Swan Graphene Equity-to-Asset Related Terms
Black Swan Graphene Equity-to-Asset Historical Data
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The historical data trend for Black Swan Graphene'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 Chemicals subindustry, Black Swan Graphene'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.
Black Swan Graphene Equity-to-Asset vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Black Swan Graphene's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Black Swan Graphene'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.
Black Swan Graphene'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.
Black Swan Graphene (TSXV:SWAN) has a Equity-to-Asset of 0.98 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Black Swan Graphene and its competitors. This is near median its historical median of 0.98. Over the past decade, Black Swan Graphene's Equity-to-Asset has ranged from 0.95 to 0.99. According to the industry distribution chart, Black Swan Graphene ranks #9 out of 1615 companies in the Chemicals industry, placing it in the top 0.59999999999999%.
Is Black Swan Graphene's Equity-to-Asset too high?
Black Swan Graphene's current Equity-to-Asset of 0.98 is near median its 10-year median of 0.98. Over the past 10 years, this metric has ranged from a low of 0.95 to a high of 0.99. The Chemicals industry median Equity-to-Asset is 0.60. Black Swan Graphene's value of 0.98 is 63.3% above this industry median. Based on the distribution chart, Black Swan Graphene ranks #9 out of 1615 companies in the Chemicals industry, which is in the top quartile — a strong position relative to peers. Overall, Black Swan Graphene has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Black Swan Graphene's Equity-to-Asset compare to DOW?
According to the Chemicals industry distribution chart, Black Swan Graphene ranks #9 out of 1615 companies for Equity-to-Asset. This places Black Swan Graphene in the top 1% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.60. Black Swan Graphene's value of 0.98 is 63.3% above this benchmark. Historically, Black Swan Graphene's own Equity-to-Asset has ranged from 0.95 to 0.99 over the past decade. While the company's 10-year median is 0.98 vs. the industry median of 0.60, Black Swan Graphene 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 Chemicals company?
The median Equity-to-Asset among Chemicals companies is 0.60, based on 1,615 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. Black Swan Graphene's current Equity-to-Asset of 0.98 is 63.3% 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 Black Swan Graphene and its competitors. For the Chemicals industry, the median Equity-to-Asset is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Black Swan Graphene's current Equity-to-Asset is 0.98, which is near 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 Black Swan Graphene stock overvalued right now?
Black Swan Graphene (TSXV:SWAN) has a current Equity-to-Asset of 0.98. The current Equity-to-Asset is 0.98, which is near median its 10-year median of 0.98 and 63.3% above the Chemicals industry median of 0.60. Black Swan Graphene's overall GF Score™ is 38/100 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 Black Swan Graphene (TSXV:SWAN), the current Equity-to-Asset is 0.98 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.
Black Swan Graphene Inc is focused on the large-scale production and commercialization of patented high-performance and low-cost graphene products aimed at several industrial sectors, including concrete, polymer, Li-ion batteries, and others, which are expected to require large volumes of graphene and, in turn, require large volumes of graphite.
38GF Score
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