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Zenith EnergyZENAF Equity-to-Asset is 0.33 as of Mar. 2026, which is 13% below its 10-year median of 0.38. The stock has 4 warning signs investors should review. Among 1,035 Oil & Gas companies, Zenith Energy ranks worse than 68.89% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zenith Energy's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $37.71 Mil. Zenith Energy's Total Assets for the quarter that ended in Mar. 2026 was $115.42 Mil.
Therefore, Zenith Energy's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.33.
The historical rank and industry rank for Zenith Energy's Equity-to-Asset or its related term are showing as below:
ZENAF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.19 Med: 0.38 Max: 0.53
Current: 0.33
During the past 13 years, the highest Equity to Asset Ratio of Zenith Energy was 0.53. The lowest was 0.19. And the median was 0.38.
ZENAF's Equity-to-Asset is ranked worse than 68.89% of 1035
companies
in the Oil & Gas industry
Industry Median: 0.49
vs ZENAF: 0.33
Zenith Energy (OTCPK:ZENAF) 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%.
Zenith Energy Equity-to-Asset Related Terms
Zenith Energy Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Zenith Energy'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.
ZENAF vs COP, EOG, FANG: Equity-to-Asset Comparison
For the Oil & Gas E&P subindustry, Zenith Energy'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.
Zenith Energy Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Zenith Energy's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Zenith Energy'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.
Zenith Energy's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 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.
Zenith Energy (ZENAF) 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 Zenith Energy and its competitors. This is 13% below median its historical median of 0.38. Over the past decade, Zenith Energy's Equity-to-Asset has ranged from 0.19 to 0.53. According to the industry distribution chart, Zenith Energy ranks #713 out of 1035 companies in the Oil & Gas industry, placing it in the top 68.9%.
Is Zenith Energy's Equity-to-Asset too high?
Zenith Energy's current Equity-to-Asset of 0.33 is 13% below median its 10-year median of 0.38. Over the past 10 years, this metric has ranged from a low of 0.19 to a high of 0.53. The Oil & Gas industry median Equity-to-Asset is 0.49. Zenith Energy's value of 0.33 is 32.7% below this industry median. Based on the distribution chart, Zenith Energy ranks #713 out of 1035 companies in the Oil & Gas industry, which is below the industry midpoint.
How does Zenith Energy's Equity-to-Asset compare to COP and EOG?
According to the Oil & Gas industry distribution chart, Zenith Energy ranks #713 out of 1035 companies for Equity-to-Asset. This places Zenith Energy in the lower half of its industry. The industry median Equity-to-Asset is 0.49. Zenith Energy's value of 0.33 is 32.7% below this benchmark. Historically, Zenith Energy's own Equity-to-Asset has ranged from 0.19 to 0.53 over the past decade. While the company's 10-year median is 0.38 vs. the industry median of 0.49, Zenith Energy 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 0.49, based on 1,035 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. Zenith Energy's current Equity-to-Asset of 0.33 is 32.7% 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 Zenith Energy and its competitors. For the Oil & Gas industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zenith Energy's current Equity-to-Asset is 0.33, which is 13% below median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zenith Energy stock overvalued right now?
Based on GuruFocus' analysis, Zenith Energy (ZENAF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.01, compared to a current price of $0.06 — trading 500% above its estimated fair value. The current Equity-to-Asset is 0.33, which is 13% below median its 10-year median of 0.38 and 32.7% below the Oil & Gas industry median of 0.49. 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 Zenith Energy (ZENAF), 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.
Zenith Energy Ltd is an international independent oil and gas company with production, exploration, and development assets in the Republic of the Congo, Italy, and Tunisia. The company's strategic focus is the development of revenue-generating oil production assets, as well as low-risk exploration activities in assets with existing production. Its segments are Italy, Tunisia and Others.
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