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Warner Bros. DiscoveryXSWX:WBD 65 Equity-to-Asset is 0.34 as of Jun. 2026, which is 3% above its 10-year median of 0.33. GuruFocus rates XSWX:WBD with a GF Score™ of 65/100 and a GF Value™ of CHF7.49. The stock has 7 warning signs investors should review. Among 1,026 Media - Diversified companies, Warner Bros. Discovery ranks worse than 69.2% on this metric.
Warner Bros. Discovery (XSWX:WBD) 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%.
Warner Bros. Discovery Equity-to-Asset Related Terms
Warner Bros. Discovery Equity-to-Asset Historical Data
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The historical data trend for Warner Bros. Discovery'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:WBD vs LYV, FWONA, FOXA: Equity-to-Asset Comparison
For the Entertainment subindustry, Warner Bros. Discovery'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.
Warner Bros. Discovery Equity-to-Asset vs Media - Diversified Industry
For the Media - Diversified industry and Communication Services sector, Warner Bros. Discovery's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Warner Bros. Discovery's Equity-to-Asset falls into.
Warner Bros. Discovery 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.
Warner Bros. Discovery'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.
Warner Bros. Discovery (XSWX:WBD) has a Equity-to-Asset of 0.34 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Warner Bros. Discovery and its competitors. This is near median its historical median of 0.33. Over the past decade, Warner Bros. Discovery's Equity-to-Asset has ranged from 0.20 to 0.37. According to the industry distribution chart, Warner Bros. Discovery ranks #710 out of 1026 companies in the Media - Diversified industry, placing it in the top 69.2%.
Is Warner Bros. Discovery's Equity-to-Asset too high?
Warner Bros. Discovery's current Equity-to-Asset of 0.34 is near median its 10-year median of 0.33. Over the past 10 years, this metric has ranged from a low of 0.20 to a high of 0.37. The Media - Diversified industry median Equity-to-Asset is 0.51. Warner Bros. Discovery's value of 0.34 is 33.3% below this industry median. Based on the distribution chart, Warner Bros. Discovery ranks #710 out of 1026 companies in the Media - Diversified industry, which is below the industry midpoint. Overall, Warner Bros. Discovery has a GF Score™ of 65/100, reflecting its overall financial health beyond just this single metric.
How does Warner Bros. Discovery's Equity-to-Asset compare to LYV and FWONA?
According to the Media - Diversified industry distribution chart, Warner Bros. Discovery ranks #710 out of 1026 companies for Equity-to-Asset. This places Warner Bros. Discovery in the lower half of its industry. The industry median Equity-to-Asset is 0.51. Warner Bros. Discovery's value of 0.34 is 33.3% below this benchmark. Historically, Warner Bros. Discovery's own Equity-to-Asset has ranged from 0.20 to 0.37 over the past decade. While the company's 10-year median is 0.33 vs. the industry median of 0.51, Warner Bros. Discovery 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 Media - Diversified company?
The median Equity-to-Asset among Media - Diversified companies is 0.51, based on 1,026 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. Warner Bros. Discovery's current Equity-to-Asset of 0.34 is 33.3% 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 Warner Bros. Discovery and its competitors. For the Media - Diversified industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Warner Bros. Discovery's current Equity-to-Asset is 0.34, which is near median its own 10-year median of 0.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Warner Bros. Discovery stock overvalued right now?
Warner Bros. Discovery (XSWX:WBD) has a current Equity-to-Asset of 0.34. The stock's GF Value™ is CHF7.49, compared to a current price of CHF21.44 — trading 186.2% above its estimated fair value. The current Equity-to-Asset is 0.34, which is near median its 10-year median of 0.33 and 33.3% below the Media - Diversified industry median of 0.51. Warner Bros. Discovery's overall GF Score™ is 65/100 with 7 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 Warner Bros. Discovery (XSWX:WBD), the current Equity-to-Asset is 0.34 as of Jun. 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 Warner Bros. Discovery (XSWX:WBD) Overvalued in 2026?
Based on GuruFocus' analysis, Warner Bros. Discovery stock appears to be overvalued.
The current stock price of CHF21.44 is trading 186.2% above its estimated GF Value™ of CHF7.49.
Key valuation signals for XSWX:WBD:
Equity-to-Asset: 0.34 (near median its 10-year median of 0.33)
GF Value™: CHF7.49 vs. price of CHF21.44 (186.2% above fair value)
Industry Position: 33.3% below the Media - Diversified median (#710 of 1026)
No single metric tells the full story. See the XSWX:WBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Warner Bros. Discovery operates in three segments: streaming, studios, and linear networks. The streaming business includes HBO Max, which is rapidly increasing its international footprint in addition to its major presence in the US. Studios include industry leaders in both film and television, which produce movies and television series that are monetized in multiple ways, including theatrical release, sales to third parties, and feeding into Warner's own platforms. Global networks consist of basic cable networks like CNN, TNT, TBS, Discovery, HGTV, and The Food Network. The Discovery+ streaming service will remain part of global networks.
65GF Score
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