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Norwood SystemsASX:NOR -5.56% Equity-to-Asset is -1.12 as of Dec. 2025. The stock has 4 warning signs investors should review. Among 366 Telecommunication Services companies, Norwood Systems ranks worse than 96.99% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Norwood Systems's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$-0.86 Mil. Norwood Systems's Total Assets for the quarter that ended in Dec. 2025 was A$0.77 Mil.
Therefore, Norwood Systems's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was -1.12.
The historical rank and industry rank for Norwood Systems's Equity-to-Asset or its related term are showing as below:
ASX:NOR'
s Equity-to-Asset Range Over the Past 10 Years
Min: -8.27 Med: -0.79 Max: 0.78
Current: -1.12
During the past 13 years, the highest Equity to Asset Ratio of Norwood Systems was 0.78. The lowest was -8.27. And the median was -0.79.
ASX:NOR's Equity-to-Asset is ranked worse than 96.99% of 366
companies
in the Telecommunication Services industry
Industry Median: 0.405
vs ASX:NOR: -1.12
Norwood Systems (ASX:NOR) 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%.
Norwood Systems Equity-to-Asset Related Terms
Norwood Systems Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Norwood Systems'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.
ASX:NOR vs TMUS, VZ, T: Equity-to-Asset Comparison
For the Telecom Services subindustry, Norwood Systems'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.
Norwood Systems Equity-to-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Norwood Systems's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Norwood Systems'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.
Norwood Systems's Equity to Asset Ratio for the fiscal year that ended in Jun. 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.
Norwood Systems (ASX:NOR) has a Equity-to-Asset of -1.12 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Norwood Systems and its competitors. According to the industry distribution chart, Norwood Systems ranks #355 out of 366 companies in the Telecommunication Services industry, placing it in the top 97%.
Is Norwood Systems' Equity-to-Asset too high?
Norwood Systems' current Equity-to-Asset is -1.12. Based on the distribution chart, Norwood Systems ranks #355 out of 366 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers.
How does Norwood Systems' Equity-to-Asset compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, Norwood Systems ranks #355 out of 366 companies for Equity-to-Asset. This places Norwood Systems in the lower half of its industry. The industry median Equity-to-Asset is 0.41. 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 Telecommunication Services company?
The median Equity-to-Asset among Telecommunication Services companies is 0.41, based on 366 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. 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 Norwood Systems and its competitors. For the Telecommunication Services industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Norwood Systems's current Equity-to-Asset is -1.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Norwood Systems stock overvalued right now?
Based on GuruFocus' analysis, Norwood Systems (ASX:NOR) is currently considered Possible Value Trap. The stock's GF Value™ is A$0.06, compared to a current price of A$0.02 — trading 71.7% below its estimated fair value. The current Equity-to-Asset is -1.12. 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 Norwood Systems (ASX:NOR), the current Equity-to-Asset is -1.12 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.
Norwood Systems Ltd develops cognitive, voice, messaging, and data services for carriers, consumers, and enterprises globally. The company focuses on delivering communication applications that simplify access to telecommunications services. Its offerings include a platform for Cognitive Voice services designed for diverse use cases, as well as Visual Voicemail solutions for telecommunications providers. Norwood provides enterprise communication services through SecondLine and related mobility applications, aimed at improving cost efficiency, ease of management, and regulatory compliance. The company's business segment is the provision of voice telecommunication services. It operates in one segment, voice telecommunication services.
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