Appia Rare Earths & Uranium (XCNQ:API) Equity-to-Asset: 0.90 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

XCNQ:API Appia Rare Earths & Uranium Corp XCNQ:API
38 GF Score
Price C$0.15
View Full Analysis

What is Appia Rare Earths & Uranium Equity-to-Asset?

Appia Rare Earths & Uranium XCNQ:API -3.33% 38 Equity-to-Asset is 0.90 as of Mar. 2026, which is 7% above its 10-year median of 0.84. GuruFocus rates XCNQ:API with a GF Score™ of 38/100. Among 185 Other Energy Sources companies, Appia Rare Earths & Uranium ranks better than 80.54% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Appia Rare Earths & Uranium's Total Stockholders Equity for the quarter that ended in Mar. 2026 was C$32.37 Mil. Appia Rare Earths & Uranium's Total Assets for the quarter that ended in Mar. 2026 was C$36.12 Mil.

The historical rank and industry rank for Appia Rare Earths & Uranium's Equity-to-Asset or its related term are showing as below:

XCNQ:API' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.25   Med: 0.84   Max: 0.95
Current: 0.9

During the past 13 years, the highest Equity to Asset Ratio of Appia Rare Earths & Uranium was 0.95. The lowest was 0.25. And the median was 0.84.

XCNQ:API's Equity-to-Asset is ranked better than
80.54% of 185 companies
in the Other Energy Sources industry
Industry Median: 0.6 vs XCNQ:API: 0.90

Appia Rare Earths & Uranium  (XCNQ:API) 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%.


Appia Rare Earths & Uranium Equity-to-Asset Related Terms


Appia Rare Earths & Uranium Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Appia Rare Earths & Uranium'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.

Appia Rare Earths & Uranium Equity-to-Asset Chart

Appia Rare Earths & Uranium Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.86 0.90 0.89 0.88 0.87

Appia Rare Earths & Uranium Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.88 0.88 0.87 0.90 0.90

XCNQ:API vs UEC, LEU: Equity-to-Asset Comparison

For the Uranium subindustry, Appia Rare Earths & Uranium'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.


Appia Rare Earths & Uranium Equity-to-Asset vs Other Energy Sources Industry

For the Other Energy Sources industry and Energy sector, Appia Rare Earths & Uranium's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Appia Rare Earths & Uranium's Equity-to-Asset falls into.


XCNQ:API
38GF Score
Appia Rare Earths & Uranium Corp XCNQ:API
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Appia Rare Earths & Uranium 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.

Appia Rare Earths & Uranium's Equity to Asset Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Equity to Asset (A: Sep. 2025 )=Total Stockholders Equity/Total Assets
=27.208/31.406
=

Appia Rare Earths & Uranium'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
=32.366/36.124
=

* 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 0.90 mean?
Appia Rare Earths & Uranium (XCNQ:API) has a Equity-to-Asset of 0.90 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Appia Rare Earths & Uranium and its competitors. This is near median its historical median of 0.84. Over the past decade, Appia Rare Earths & Uranium's Equity-to-Asset has ranged from 0.25 to 0.95. According to the industry distribution chart, Appia Rare Earths & Uranium ranks #36 out of 185 companies in the Other Energy Sources industry, placing it in the top 19.5%.
Is Appia Rare Earths & Uranium's Equity-to-Asset too high?
Appia Rare Earths & Uranium's current Equity-to-Asset of 0.90 is near median its 10-year median of 0.84. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.95. The Other Energy Sources industry median Equity-to-Asset is 0.60. Appia Rare Earths & Uranium's value of 0.90 is 50% above this industry median. Based on the distribution chart, Appia Rare Earths & Uranium ranks #36 out of 185 companies in the Other Energy Sources industry, which is in the top quartile — a strong position relative to peers. Overall, Appia Rare Earths & Uranium has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Appia Rare Earths & Uranium's Equity-to-Asset compare to UEC and LEU?
According to the Other Energy Sources industry distribution chart, Appia Rare Earths & Uranium ranks #36 out of 185 companies for Equity-to-Asset. This places Appia Rare Earths & Uranium in the top 20% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.60. Appia Rare Earths & Uranium's value of 0.90 is 50% above this benchmark. Historically, Appia Rare Earths & Uranium's own Equity-to-Asset has ranged from 0.25 to 0.95 over the past decade. While the company's 10-year median is 0.84 vs. the industry median of 0.60, Appia Rare Earths & Uranium 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 an Other Energy Sources company?
The median Equity-to-Asset among Other Energy Sources companies is 0.60, based on 185 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. Appia Rare Earths & Uranium's current Equity-to-Asset of 0.90 is 50% 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 Appia Rare Earths & Uranium and its competitors. For the Other Energy Sources 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. Appia Rare Earths & Uranium's current Equity-to-Asset is 0.90, which is near median its own 10-year median of 0.84. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Appia Rare Earths & Uranium stock overvalued right now?
Appia Rare Earths & Uranium (XCNQ:API) has a current Equity-to-Asset of 0.90. The current Equity-to-Asset is 0.90, which is near median its 10-year median of 0.84 and 50% above the Other Energy Sources industry median of 0.60. Appia Rare Earths & Uranium's overall GF Score™ is 38/100. 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 Appia Rare Earths & Uranium (XCNQ:API), the current Equity-to-Asset is 0.90 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.

Appia Rare Earths & Uranium Business Description

Other Exchanges APAAF:USAA0I0:Germany
Address 200 -3310 South Service Road, Burlington, ON, CAN, L7N 3M6
Appia Rare Earths & Uranium Corp is a developer of a critical mineral exploration business designed to capitalize on the growing demand for rare earth elements and uranium. The company offers a diverse portfolio of projects in mining-friendly regions, enabling investors to participate in the transition to a greener environment, with potential growth in key industries such as electric vehicles and renewable energy. Its projects are the Alces Lake Saskatchewan Project, the Athabasca Basin Uranium & REE Projects, and the Elliot Lake Uranium & REE Project.
38GF Score

Get the complete analysis for XCNQ:API

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

C$0.15
Price