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INA-Industrija Nafte DDZAG:INA 33 Equity-to-Asset is 0.41 as of Jun. 2026, which is 16% below its 10-year median of 0.49. GuruFocus rates ZAG:INA with a GF Score™ of 33/100 and a GF Value™ of €514.39 (Fairly Valued). The stock has 4 warning signs investors should review. Among 1,030 Oil & Gas companies, INA-Industrija Nafte DD ranks worse than 60.87% on this metric.
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%.
INA-Industrija Nafte DD Equity-to-Asset Related Terms
INA-Industrija Nafte DD 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.
ZAG:INA vs MPC, VLO, PSX: Equity-to-Asset Comparison
For the Oil & Gas Refining & Marketing subindustry, INA-Industrija Nafte DD'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.
INA-Industrija Nafte DD Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, INA-Industrija Nafte DD's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where INA-Industrija Nafte DD'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.
INA-Industrija Nafte DD'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.
INA-Industrija Nafte DD (ZAG:INA) has a Equity-to-Asset of 0.41 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on INA-Industrija Nafte DD and its competitors. This is 16% below median its historical median of 0.49. Over the past decade, INA-Industrija Nafte DD's Equity-to-Asset has ranged from 0.41 to 0.61. According to the industry distribution chart, INA-Industrija Nafte DD ranks #627 out of 1030 companies in the Oil & Gas industry, placing it in the top 60.9%.
Is INA-Industrija Nafte DD's Equity-to-Asset too high?
INA-Industrija Nafte DD's current Equity-to-Asset of 0.41 is 16% below median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.41 to a high of 0.61. The Oil & Gas industry median Equity-to-Asset is 0.50. INA-Industrija Nafte DD's value of 0.41 is 18% below this industry median. Based on the distribution chart, INA-Industrija Nafte DD ranks #627 out of 1030 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, INA-Industrija Nafte DD has a GF Score™ of 33/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does INA-Industrija Nafte DD's Equity-to-Asset compare to MPC and VLO?
According to the Oil & Gas industry distribution chart, INA-Industrija Nafte DD ranks #627 out of 1030 companies for Equity-to-Asset. This places INA-Industrija Nafte DD in the lower half of its industry. The industry median Equity-to-Asset is 0.50. INA-Industrija Nafte DD's value of 0.41 is 18% below this benchmark. Historically, INA-Industrija Nafte DD's own Equity-to-Asset has ranged from 0.41 to 0.61 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.50, INA-Industrija Nafte DD 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 an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.50, based on 1,030 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. INA-Industrija Nafte DD's current Equity-to-Asset of 0.41 is 18% 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 INA-Industrija Nafte DD and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. INA-Industrija Nafte DD's current Equity-to-Asset is 0.41, which is 16% below median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is INA-Industrija Nafte DD stock overvalued right now?
Based on GuruFocus' analysis, INA-Industrija Nafte DD (ZAG:INA) is currently considered Fairly Valued. The stock's GF Value™ is €514.39, compared to a current price of €510.00 — trading 0.9% below its estimated fair value. The current Equity-to-Asset is 0.41, which is 16% below median its 10-year median of 0.49 and 18% below the Oil & Gas industry median of 0.50. INA-Industrija Nafte DD's overall GF Score™ is 33/100 with 4 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 INA-Industrija Nafte DD (ZAG:INA), the current Equity-to-Asset is 0.41 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 INA-Industrija Nafte DD (ZAG:INA) Overvalued in 2026?
Based on GuruFocus' analysis, INA-Industrija Nafte DD stock appears to be undervalued.
The current stock price of €510.00 is trading 0.9% below its estimated GF Value™ of €514.39.
GuruFocus considers INA-Industrija Nafte DD to be Fairly Valued.
Key valuation signals for ZAG:INA:
Equity-to-Asset: 0.41 (16% below median its 10-year median of 0.49)
GF Value™: €514.39 vs. price of €510.00 (0.9% below fair value)
Industry Position: 18% below the Oil & Gas median (#627 of 1030)
No single metric tells the full story. See the ZAG:INA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
INA-Industrija Nafte DD is a medium-sized European oil and gas company. It is engaged in exploration and production of oil and gas deposits, import of natural gas and sale of imported and domestically produced natural gas to industrial consumers and municipal gas distributors, refining and production of oil products through refineries located at Rijeka and Sisak, and Zagreb lubricants plants. Its segments are Exploration and Production of Oil & Gas; Refining & Marketing; Corporate and other. Exploration and Production of Oil & Gas segment include exploration, production, and selling of crude oil and natural gas. Refining & Marketing segment includes crude oil processing, wholesale of refinery products, trading, and logistics.
33GF Score
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