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Equus EnergyASX:EQU -4.11%15 Return-on-Tangible-Asset is -102.58% as of Dec. 2025. GuruFocus rates ASX:EQU with a GF Score™ of 15/100. Among 509 Utilities - Regulated companies, Equus Energy ranks worse than 99.21% on this metric.
Return-on-Tangible-Asset is calculated as Net Income divided by its average total tangible assets. Total tangible assets equals to Total Assets minus Intangible Assets. Equus Energy's annualizedNet Income for the quarter that ended in Dec. 2025 was A$-18.77 Mil. Equus Energy's average total tangible assets for the quarter that ended in Dec. 2025 was A$18.30 Mil. Therefore, Equus Energy's annualized Return-on-Tangible-Asset for the quarter that ended in Dec. 2025 was -102.58%.
The historical rank and industry rank for Equus Energy's Return-on-Tangible-Asset or its related term are showing as below:
ASX:EQU'
s Return-on-Tangible-Asset Range Over the Past 10 Years
Min: -51.29 Med: -3.41 Max: -3.41
Current: -51.29
During the past 3 years, Equus Energy's highest Return-on-Tangible-Asset was -3.41%. The lowest was -51.29%. And the median was -3.41%.
ASX:EQU's Return-on-Tangible-Asset is ranked worse than 99.21% of 509
companies
in the Utilities - Regulated industry
Industry Median: 3.38
vs ASX:EQU: -51.29
Equus Energy (ASX:EQU) Return-on-Tangible-Asset Explanation
Return-on-Tangible-Asset measures the rate of return on the average total tangible assets (total assets minus intangible assets). Tangible means physical in nature. Intangible Assets are assets that are not physical in nature, and typically "derive their value from legal or intellectual rights." Return-on-Tangible-Asset measures a firm's efficiency at generating profits from its tangible assets. It shows how well a company uses what it has to generate earnings. Return-on-Tangible-Assets can vary drastically across industries. Therefore, Return-on-Tangible-Asset should not be used to compare companies in different industries.
Be Aware
Like ROE and ROA, Return-on-Tangible-Asset is calculated with only 12 months data. Fluctuations in the companys earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective. Return-on-Tangible-Asset can be affected by events such as stock buyback or issuance, and by a companys tax rate and its interest payment. Return-on-Tangible-Asset may not reflect the true earning power of the assets. A more accurate measurement is ROC % (ROC).
Many analysts argue the higher return the better. Buffett states that really high Return-on-Tangible-Asset may indicate vulnerability in the durability of the competitive advantage.
Equus Energy Return-on-Tangible-Asset Related Terms
Equus Energy Return-on-Tangible-Asset Historical Data
* Premium members only.
The historical data trend for Equus Energy's Return-on-Tangible-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.
Equus Energy Return-on-Tangible-Asset Chart
Equus Energy Annual Data
Trend
Jun23
Jun24
Jun25
Return-on-Tangible-Asset
0.00
0.00
-3.41
Equus Energy Semi-Annual Data
Jun23
Jun24
Jun25
Dec25
Return-on-Tangible-Asset
0.00
0.00
0.00
-102.58
ASX:EQU vs ATO, NI, UGI: Return-on-Tangible-Asset Comparison
For the Utilities - Regulated Gas subindustry, Equus Energy's Return-on-Tangible-Asset, along with its competitors' market caps and Return-on-Tangible-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.
Equus Energy Return-on-Tangible-Asset vs Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Equus Energy's Return-on-Tangible-Asset distribution charts can be found below:
* The bar in red indicates where Equus Energy's Return-on-Tangible-Asset falls into.
* 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.
In the calculation of annual Return-on-Tangible-Asset, the net income of the last fiscal year and the average total tangible assets over the fiscal year are used. In calculating the quarterly data,
the Net Income data used here is two times the semi-annual (Dec. 2025) net income data.
What does a Return-on-Tangible-Asset of -102.58% mean?
Equus Energy (ASX:EQU) has a Return-on-Tangible-Asset of -102.58% as of Dec. 2025. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Equus Energy and its competitors. According to the industry distribution chart, Equus Energy ranks #505 out of 509 companies in the Utilities - Regulated industry, placing it in the top 99.2%.
Is Equus Energy's Return-on-Tangible-Asset too high?
Equus Energy's current Return-on-Tangible-Asset is -102.58%. Based on the distribution chart, Equus Energy ranks #505 out of 509 companies in the Utilities - Regulated industry, which is in the bottom quartile relative to peers. Overall, Equus Energy has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Equus Energy's Return-on-Tangible-Asset compare to ATO and NI?
According to the Utilities - Regulated industry distribution chart, Equus Energy ranks #505 out of 509 companies for Return-on-Tangible-Asset. This places Equus Energy in the lower half of its industry. The industry median Return-on-Tangible-Asset is 3.38. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Return-on-Tangible-Asset for an Utilities - Regulated company?
The median Return-on-Tangible-Asset among Utilities - Regulated companies is 3.38, based on 509 companies in the industry. Companies in the top quartile (top 25%) have a Return-on-Tangible-Asset significantly above this median, while those in the bottom quartile fall well below. However, Return-on-Tangible-Asset 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 Return-on-Tangible-Asset mean?
A high Return-on-Tangible-Asset can signal that a stock is expensive relative to its fundamentals. Return on tangible assets is the ratio of current-period net income to average two-period tangible assets. View historical data on Equus Energy and its competitors. For the Utilities - Regulated industry, the median Return-on-Tangible-Asset is 3.38 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Equus Energy's current Return-on-Tangible-Asset is -102.58%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Equus Energy stock overvalued right now?
Equus Energy (ASX:EQU) has a current Return-on-Tangible-Asset of -102.58%. The current Return-on-Tangible-Asset is -102.58%. Equus Energy's overall GF Score™ is 15/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Return-on-Tangible-Asset calculated?
Return-on-Tangible-Asset is calculated from a company's financial statements. For Equus Energy (ASX:EQU), the current Return-on-Tangible-Asset is -102.58% 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.
Equus Energy Ltd is an Australian energy company focused on developing its owned gas project on the North West Shelf. It is engaged in the exploration of petroleum resources at the Equus Project. The company's wholly owned project, Equus Gas Project, is located in the northern Carnarvon Basin on the North West Shelf of Western Australia. The project is positioned to supply Western Australia's domestic gas market as well as the international LNG market, with potential to utilize existing gas processing capacity.
15GF Score
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