Largo Physical Vanadium (TSXV:VAND) Equity-to-Asset: 0.96 (As of Mar. 2026) — Near Median

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TSXV:VAND Largo Physical Vanadium Corp TSXV:VAND
33 GF Score
Price C$0.75
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What is Largo Physical Vanadium Equity-to-Asset?

Largo Physical Vanadium TSXV:VAND 33 Equity-to-Asset is 0.96 as of Mar. 2026, which is 1% below its 10-year median of 0.97. GuruFocus rates TSXV:VAND with a GF Score™ of 33/100. Among 2,672 Metals & Mining companies, Largo Physical Vanadium ranks better than 82.67% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Largo Physical Vanadium's Total Stockholders Equity for the quarter that ended in Mar. 2026 was C$31.55 Mil. Largo Physical Vanadium's Total Assets for the quarter that ended in Mar. 2026 was C$32.74 Mil. Therefore, Largo Physical Vanadium's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.96.

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

TSXV:VAND' s Equity-to-Asset Range Over the Past 10 Years
Min: -0.01   Med: 0.97   Max: 0.99
Current: 0.96

During the past 5 years, the highest Equity to Asset Ratio of Largo Physical Vanadium was 0.99. The lowest was -0.01. And the median was 0.97.

TSXV:VAND's Equity-to-Asset is ranked better than
82.67% of 2672 companies
in the Metals & Mining industry
Industry Median: 0.8 vs TSXV:VAND: 0.96

Largo Physical Vanadium  (TSXV:VAND) 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%.


Largo Physical Vanadium Equity-to-Asset Related Terms


Largo Physical Vanadium Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Largo Physical Vanadium'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.

Largo Physical Vanadium Equity-to-Asset Chart

Largo Physical Vanadium Annual Data
Trend Jul21 Jul22 Dec23 Dec24 Dec25
Equity-to-Asset
0.84 -0.01 0.98 0.97 0.96

Largo Physical Vanadium Quarterly Data
Jul21 Jul22 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 0.96 0.97 0.96 0.96 0.96

Largo Physical Vanadium Equity-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Largo Physical Vanadium'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.


Largo Physical Vanadium Equity-to-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Largo Physical Vanadium's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Largo Physical Vanadium's Equity-to-Asset falls into.


TSXV:VAND
33GF Score
Largo Physical Vanadium Corp TSXV:VAND
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Largo Physical Vanadium 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.

Largo Physical Vanadium's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=23.841/24.897
=0.96

Largo Physical Vanadium'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
=31.551/32.744
=0.96

* 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 0.96 mean?
Largo Physical Vanadium (TSXV:VAND) has a Equity-to-Asset of 0.96 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Largo Physical Vanadium and its competitors. This is near median its historical median of 0.97. According to the industry distribution chart, Largo Physical Vanadium ranks #463 out of 2672 companies in the Metals & Mining industry, placing it in the top 17.3%.
Is Largo Physical Vanadium's Equity-to-Asset too high?
Largo Physical Vanadium's current Equity-to-Asset of 0.96 is near median its 10-year median of 0.97. The Metals & Mining industry median Equity-to-Asset is 0.80. Largo Physical Vanadium's value of 0.96 is 20% above this industry median. Based on the distribution chart, Largo Physical Vanadium ranks #463 out of 2672 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Largo Physical Vanadium has a GF Score™ of 33/100, reflecting its overall financial health beyond just this single metric.
How does Largo Physical Vanadium's Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, Largo Physical Vanadium ranks #463 out of 2672 companies for Equity-to-Asset. This places Largo Physical Vanadium in the top 17% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.80. Largo Physical Vanadium's value of 0.96 is 20% above this benchmark. While the company's 10-year median is 0.97 vs. the industry median of 0.80, Largo Physical Vanadium 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. Largo Physical Vanadium's current Equity-to-Asset of 0.96 is 20% 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 Largo Physical Vanadium 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. Largo Physical Vanadium's current Equity-to-Asset is 0.96, which is near median its own 10-year median of 0.97. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Largo Physical Vanadium stock overvalued right now?
Largo Physical Vanadium (TSXV:VAND) has a current Equity-to-Asset of 0.96. The current Equity-to-Asset is 0.96, which is near median its 10-year median of 0.97 and 20% above the Metals & Mining industry median of 0.80. Largo Physical Vanadium's overall GF Score™ is 33/100. 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 Largo Physical Vanadium (TSXV:VAND), the current Equity-to-Asset is 0.96 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.

Largo Physical Vanadium Business Description

Other Exchanges VANAF:USA
Address 100 King Street West, Suite 1600, Toronto, ON, CAN, M5X 1G5
Largo Physical Vanadium Corp is engaged in manufacturing high-quality vanadium products. It also aims to provide a secure, convenient, and exchange-traded investment alternative for investors interested in direct investment exposure to physical vanadium and not to speculate about short-term changes in vanadium prices.
33GF Score

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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.75
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