Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Tower ResourcesTWRFF 30 Equity-to-Asset is 0.98 as of Apr. 2026, which is 1% above its 10-year median of 0.97. GuruFocus rates TWRFF with a GF Score™ of 30/100. The stock has 2 warning signs investors should review. Among 2,670 Metals & Mining companies, Tower Resources ranks better than 87.94% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Tower Resources's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $6.69 Mil. Tower Resources's Total Assets for the quarter that ended in Apr. 2026 was $6.86 Mil.
The historical rank and industry rank for Tower Resources's Equity-to-Asset or its related term are showing as below:
TWRFF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.84 Med: 0.97 Max: 0.99
Current: 0.97
During the past 13 years, the highest Equity to Asset Ratio of Tower Resources was 0.99. The lowest was 0.84. And the median was 0.97.
TWRFF's Equity-to-Asset is ranked better than 87.94% of 2670
companies
in the Metals & Mining industry
Industry Median: 0.8
vs TWRFF: 0.97
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%.
Tower Resources Equity-to-Asset Related Terms
Tower Resources Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Tower Resources'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, Tower Resources'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.
Tower Resources Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Tower Resources's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Tower Resources'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.
Tower Resources's Equity to Asset Ratio for the fiscal year that ended in Oct. 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.
Tower Resources (TWRFF) has a Equity-to-Asset of 0.98 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Tower Resources and its competitors. This is near median its historical median of 0.97. Over the past decade, Tower Resources' Equity-to-Asset has ranged from 0.84 to 0.99. According to the industry distribution chart, Tower Resources ranks #322 out of 2670 companies in the Metals & Mining industry, placing it in the top 12.1%.
Is Tower Resources' Equity-to-Asset too high?
Tower Resources' current Equity-to-Asset of 0.98 is near median its 10-year median of 0.97. Over the past 10 years, this metric has ranged from a low of 0.84 to a high of 0.99. The Metals & Mining industry median Equity-to-Asset is 0.80. Tower Resources' value of 0.98 is 22.5% above this industry median. Based on the distribution chart, Tower Resources ranks #322 out of 2670 companies in the Metals & Mining industry, which is in the top quartile — a strong position relative to peers. Overall, Tower Resources has a GF Score™ of 30/100, reflecting its overall financial health beyond just this single metric.
How does Tower Resources' Equity-to-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Tower Resources ranks #322 out of 2670 companies for Equity-to-Asset. This places Tower Resources in the top 12% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.80. Tower Resources' value of 0.98 is 22.5% above this benchmark. Historically, Tower Resources' own Equity-to-Asset has ranged from 0.84 to 0.99 over the past decade. While the company's 10-year median is 0.97 vs. the industry median of 0.80, Tower Resources 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 2,670 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. Tower Resources's current Equity-to-Asset of 0.98 is 22.5% 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 Tower Resources 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. Tower Resources's current Equity-to-Asset is 0.98, 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 Tower Resources stock overvalued right now?
Tower Resources (TWRFF) 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 0.97 and 22.5% above the Metals & Mining industry median of 0.80. Tower Resources' overall GF Score™ is 30/100 with 2 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 Tower Resources (TWRFF), the current Equity-to-Asset is 0.98 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.
Tower Resources Ltd is a mineral exploration company engaged in the acquisition and exploration of mineral assets. The company's key exploration assets are the Rabbit North copper-gold porphyry project located between the New Afton and Highland Valley Copper mines, the Nechako Gold project near Artemis' Blackwater project, and the More Creek gold project in the Golden Triangle area. These assets are located in British Columbia, Canada. Tower Resources' current exploration focus is for gold and porphyry copper-gold deposits at Rabbit North and gold deposits at More Creek.
30GF Score
Get the complete analysis for TWRFF
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
TWRFF has been successfully added to your 
