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WALRF'
s Equity-to-Asset Range Over the Past 10 Years
Min: -0.35 Med: 0.73 Max: 10.04
Current: -0.33
During the past 8 years, the highest Equity to Asset Ratio of MegaWatt Lithium and Battery Metals was 10.04. The lowest was -0.35. And the median was 0.73.
WALRF's Equity-to-Asset is ranked worse than 91.14% of 2674
companies
in the Metals & Mining industry
Industry Median: 0.795
vs WALRF: -0.33
MegaWatt Lithium and Battery Metals (OTCPK:WALRF) 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%.
MegaWatt Lithium and Battery Metals Equity-to-Asset Related Terms
MegaWatt Lithium and Battery Metals 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.
MegaWatt Lithium and Battery Metals Equity-to-Asset Chart
MegaWatt Lithium and Battery Metals Equity-to-Asset Competitor Comparison
For the Other Industrial Metals & Mining subindustry, MegaWatt Lithium and Battery Metals'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.
MegaWatt Lithium and Battery Metals Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, MegaWatt Lithium and Battery Metals's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where MegaWatt Lithium and Battery Metals's Equity-to-Asset falls into.
MegaWatt Lithium and Battery Metals 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.
* 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.
MegaWatt Lithium and Battery Metals (WALRF) has a Equity-to-Asset of -0.33 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on MegaWatt Lithium and Battery Metals and its competitors. According to the industry distribution chart, MegaWatt Lithium and Battery Metals ranks #2437 out of 2674 companies in the Metals & Mining industry, placing it in the top 91.1%.
Is MegaWatt Lithium and Battery Metals' Equity-to-Asset too high?
MegaWatt Lithium and Battery Metals' current Equity-to-Asset is -0.33. Based on the distribution chart, MegaWatt Lithium and Battery Metals ranks #2437 out of 2674 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, MegaWatt Lithium and Battery Metals has a GF Score™ of 27/100, reflecting its overall financial health beyond just this single metric.
How does MegaWatt Lithium and Battery Metals' Equity-to-Asset compare to competitors?
According to the Metals & Mining industry distribution chart, MegaWatt Lithium and Battery Metals ranks #2437 out of 2674 companies for Equity-to-Asset. This places MegaWatt Lithium and Battery Metals in the lower half of its industry. The industry median Equity-to-Asset is 0.80. 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 2,674 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. 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 MegaWatt Lithium and Battery Metals 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. MegaWatt Lithium and Battery Metals's current Equity-to-Asset is -0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MegaWatt Lithium and Battery Metals stock overvalued right now?
MegaWatt Lithium and Battery Metals (WALRF) has a current Equity-to-Asset of -0.33. The current Equity-to-Asset is -0.33. MegaWatt Lithium and Battery Metals' overall GF Score™ is 27/100 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 MegaWatt Lithium and Battery Metals (WALRF), the current Equity-to-Asset is -0.33 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.
MegaWatt Lithium and Battery Metals Corp is involved in the acquisition and exploration of mineral properties in Canada. Its projects include Arctic Fox, Benedict Mountains Uranium Project, Cobalt Hill, Isbjorn Project, Mitsumis Lithium, Route 381 Lithium, and Tyr Silver.
27GF Score
Get the complete analysis for WALRF
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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