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.
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.
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Naturgy Energy Group's Total Liabilities for the quarter that ended in Dec. 2025 was $32,468 Mil. Naturgy Energy Group's Total Assets for the quarter that ended in Dec. 2025 was $45,786 Mil.
Therefore, Naturgy Energy Group's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2025 was 0.71.
Naturgy Energy Group (OTCPK:GASNF) Liabilities-to-Assets Explanation
Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.
Naturgy Energy Group Liabilities-to-Assets Related Terms
Naturgy Energy Group Liabilities-to-Assets Historical Data
* Premium members only.
The historical data trend for Naturgy Energy Group's Liabilities-to-Assets 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.
GASNF vs ATO, NI, UGI: Liabilities-to-Assets Comparison
For the Utilities - Regulated Gas subindustry, Naturgy Energy Group's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets 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.
Naturgy Energy Group Liabilities-to-Assets vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Naturgy Energy Group's Liabilities-to-Assets distribution charts can be found below:
* The bar in red indicates where Naturgy Energy Group's Liabilities-to-Assets falls into.
Naturgy Energy Group Liabilities-to-Assets Calculation
Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.
Naturgy Energy Group's Liabilities-to-Assets 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.
Naturgy Energy Group (GASNF) has a Liabilities-to-Assets of 0.71 as of Dec. 2025. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Naturgy Energy Group and its competitors.
Is Naturgy Energy Group's Liabilities-to-Assets too high?
Naturgy Energy Group's current Liabilities-to-Assets is 0.71. Overall, Naturgy Energy Group has a GF Score™ of 69/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Naturgy Energy Group's Liabilities-to-Assets compare to ATO and NI?
Naturgy Energy Group's Liabilities-to-Assets of 0.71 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Liabilities-to-Assets for an Utilities - Regulated company?
A good Liabilities-to-Assets depends on the Utilities - Regulated industry context. However, Liabilities-to-Assets should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Naturgy Energy Group and its competitors. Naturgy Energy Group's current Liabilities-to-Assets is 0.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Naturgy Energy Group stock overvalued right now?
Based on GuruFocus' analysis, Naturgy Energy Group (GASNF) is currently considered Modestly Overvalued. The stock's GF Value™ is $25.48, compared to a current price of $31.90 — trading 25.2% above its estimated fair value. The current Liabilities-to-Assets is 0.71. Naturgy Energy Group's overall GF Score™ is 69/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Naturgy Energy Group (GASNF), the current Liabilities-to-Assets is 0.71 as of Dec. 2025. 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 Naturgy Energy Group (GASNF) Overvalued in 2026?
Based on GuruFocus' analysis, Naturgy Energy Group stock appears to be overvalued.
The current stock price of $31.90 is trading 25.2% above its estimated GF Value™ of $25.48.
GuruFocus considers Naturgy Energy Group to be Modestly Overvalued.
Key valuation signals for GASNF:
Liabilities-to-Assets: 0.71
GF Value™: $25.48 vs. price of $31.90 (25.2% above fair value)
No single metric tells the full story. See the GASNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Naturgy stems from the 2008 acquisition of Union Fenosa. The company operates across the gas value chain, from procurement to distribution and marketing. It owns and operates the largest gas distribution network in Spain, where it is also the leading retail gas supplier. The company additionally operates gas and electricity distribution networks across several Latin American countries. It owns 17.9 GW of generation capacity, including 7.3 GW of wind and solar.
69GF Score
Get the complete analysis for GASNF
Liabilities-to-Assets is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
GASNF has been successfully added to your 
