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Barrick MiningXSWX:ABX 89 Equity-to-Asset is 0.52 as of Mar. 2026, which is 4% above its 10-year median of 0.50. GuruFocus rates XSWX:ABX with a GF Score™ of 89/100 and a GF Value™ of CHF16.21. The stock has 1 warning sign investors should review. Among 2,669 Metals & Mining companies, Barrick Mining ranks worse than 70.66% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Barrick Mining's Total Stockholders Equity for the quarter that ended in Mar. 2026 was CHF21,524 Mil. Barrick Mining's Total Assets for the quarter that ended in Mar. 2026 was CHF41,399 Mil.
The historical rank and industry rank for Barrick Mining's Equity-to-Asset or its related term are showing as below:
XSWX:ABX'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29 Med: 0.5 Max: 0.53
Current: 0.52
During the past 13 years, the highest Equity to Asset Ratio of Barrick Mining was 0.53. The lowest was 0.29. And the median was 0.50.
XSWX:ABX's Equity-to-Asset is ranked worse than 70.66% of 2669
companies
in the Metals & Mining industry
Industry Median: 0.79
vs XSWX:ABX: 0.52
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%.
Barrick Mining Equity-to-Asset Related Terms
Barrick Mining Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Barrick Mining'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.
XSWX:ABX vs NEM, AU, RGLD: Equity-to-Asset Comparison
For the Gold subindustry, Barrick Mining'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.
Barrick Mining Equity-to-Asset vs Metals & Mining Industry
For the Metals & Mining industry and Basic Materials sector, Barrick Mining's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Barrick Mining'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.
Barrick Mining'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.
Barrick Mining (XSWX:ABX) has a Equity-to-Asset of 0.52 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Barrick Mining and its competitors. This is near median its historical median of 0.50. Over the past decade, Barrick Mining's Equity-to-Asset has ranged from 0.29 to 0.53. According to the industry distribution chart, Barrick Mining ranks #1886 out of 2669 companies in the Metals & Mining industry, placing it in the top 70.7%.
Is Barrick Mining's Equity-to-Asset too high?
Barrick Mining's current Equity-to-Asset of 0.52 is near median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.53. The Metals & Mining industry median Equity-to-Asset is 0.79. Barrick Mining's value of 0.52 is 34.2% below this industry median. Based on the distribution chart, Barrick Mining ranks #1886 out of 2669 companies in the Metals & Mining industry, which is below the industry midpoint. Overall, Barrick Mining has a GF Score™ of 89/100, reflecting its overall financial health beyond just this single metric.
How does Barrick Mining's Equity-to-Asset compare to NEM and AU?
According to the Metals & Mining industry distribution chart, Barrick Mining ranks #1886 out of 2669 companies for Equity-to-Asset. This places Barrick Mining in the lower half of its industry. The industry median Equity-to-Asset is 0.79. Barrick Mining's value of 0.52 is 34.2% below this benchmark. Historically, Barrick Mining's own Equity-to-Asset has ranged from 0.29 to 0.53 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.79, Barrick Mining has consistently been below 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 0.79, based on 2,669 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. Barrick Mining's current Equity-to-Asset of 0.52 is 34.2% below 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 Barrick Mining and its competitors. For the Metals & Mining industry, the median Equity-to-Asset is 0.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Barrick Mining's current Equity-to-Asset is 0.52, which is near median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Barrick Mining stock overvalued right now?
Barrick Mining (XSWX:ABX) has a current Equity-to-Asset of 0.52. The stock's GF Value™ is CHF16.21, compared to a current price of CHF21.00 — trading 29.5% above its estimated fair value. The current Equity-to-Asset is 0.52, which is near median its 10-year median of 0.50 and 34.2% below the Metals & Mining industry median of 0.79. Barrick Mining's overall GF Score™ is 89/100 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 Barrick Mining (XSWX:ABX), the current Equity-to-Asset is 0.52 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.
Is Barrick Mining (XSWX:ABX) Overvalued in 2026?
Based on GuruFocus' analysis, Barrick Mining stock appears to be overvalued.
The current stock price of CHF21.00 is trading 29.5% above its estimated GF Value™ of CHF16.21.
Key valuation signals for XSWX:ABX:
Equity-to-Asset: 0.52 (near median its 10-year median of 0.50)
GF Value™: CHF16.21 vs. price of CHF21.00 (29.5% above fair value)
Industry Position: 34.2% below the Metals & Mining median (#1886 of 2669)
No single metric tells the full story. See the XSWX:ABX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Based in Toronto, Barrick is one of the world's largest gold miners. In 2025, the firm sold about 3.3 million attributable ounces of gold and about 220,000 metric tons of copper. At end-2025, Barrick had about two decades of gold reserves along with significant copper reserves. After buying Randgold in 2019 and combining its Nevada mines in a joint venture with competitor Newmont later that year, it operates mines in the Americas, Africa, the Middle East, and Asia. The company also has growing copper exposure, driven by the expansion of its Lumwana mine in Zambia and the development of its Reko Diq copper and gold project in Pakistan. It intends to undertake an IPO of its joint venture stakes in Nevada Gold Mines and Pueblo Viejo along with its Fourmile deposit later in 2026.
89GF Score
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