CWAN (Clearwater Analytics Holdings) Equity-to-Asset: 0.68 (As of Mar. 2026) — 11% Above Median

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CWAN Clearwater Analytics Holdings Inc CWAN
62 GF Score
Price $24.56
GF Value $32.62
! 7 Warning Signs
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What is Clearwater Analytics Holdings Equity-to-Asset?

Clearwater Analytics Holdings CWAN 62 Equity-to-Asset is 0.68 as of Mar. 2026, which is 11% above its 10-year median of 0.61. GuruFocus rates CWAN with a GF Score™ of 62/100 and a GF Value™ of $32.62. The stock has 7 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Clearwater Analytics Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $2,049.5 Mil. Clearwater Analytics Holdings's Total Assets for the quarter that ended in Mar. 2026 was $3,026.9 Mil. Therefore, Clearwater Analytics Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.68.

The historical rank and industry rank for Clearwater Analytics Holdings's Equity-to-Asset or its related term are showing as below:

CWAN' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.14   Med: 0.61   Max: 0.87
Current: 0.68

During the past 7 years, the highest Equity to Asset Ratio of Clearwater Analytics Holdings was 0.87. The lowest was -3.14. And the median was 0.61.

CWAN's Equity-to-Asset is not ranked
in the Software industry.
Industry Median: 0.55 vs CWAN: 0.68

Clearwater Analytics Holdings  (NYSE:CWAN) 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%.


Clearwater Analytics Holdings Equity-to-Asset Related Terms


Clearwater Analytics Holdings Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Clearwater Analytics Holdings'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.

Clearwater Analytics Holdings Equity-to-Asset Chart

Clearwater Analytics Holdings Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial 0.76 0.70 0.73 0.88 0.67

Clearwater Analytics Holdings Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 0.66 0.67 0.67 0.68

CWAN vs IDCC, CHYM, TTAN: Equity-to-Asset Comparison

For the Software - Application subindustry, Clearwater Analytics Holdings'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.


Clearwater Analytics Holdings Equity-to-Asset vs Software Industry

For the Software industry and Technology sector, Clearwater Analytics Holdings's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Clearwater Analytics Holdings's Equity-to-Asset falls into.


CWAN
62GF Score
Clearwater Analytics Holdings Inc CWAN
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Clearwater Analytics Holdings Equity-to-Asset Calculation

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.

Clearwater Analytics Holdings's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=2021.732/3031.929
=0.67

Clearwater Analytics Holdings's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=2049.5/3026.855
=0.68

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.68 mean?
Clearwater Analytics Holdings (CWAN) has a Equity-to-Asset of 0.68 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Clearwater Analytics Holdings and its competitors. This is 11% above median its historical median of 0.61.
Is Clearwater Analytics Holdings' Equity-to-Asset too high?
Clearwater Analytics Holdings' current Equity-to-Asset of 0.68 is 11% above median its 10-year median of 0.61. The Software industry median Equity-to-Asset is 0.55. Clearwater Analytics Holdings' value of 0.68 is 23.6% above this industry median. Overall, Clearwater Analytics Holdings has a GF Score™ of 62/100, reflecting its overall financial health beyond just this single metric.
How does Clearwater Analytics Holdings' Equity-to-Asset compare to IDCC and CHYM?
Clearwater Analytics Holdings' Equity-to-Asset of 0.68 can be compared against companies in the Software industry. The industry median Equity-to-Asset is 0.55. Clearwater Analytics Holdings' value of 0.68 is 23.6% above this benchmark. While the company's 10-year median is 0.61 vs. the industry median of 0.55, Clearwater Analytics Holdings has consistently been above 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 a Software company?
The median Equity-to-Asset among Software companies is 0.55, based on 2,895 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. Clearwater Analytics Holdings's current Equity-to-Asset of 0.68 is 23.6% above 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 Clearwater Analytics Holdings and its competitors. For the Software industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Clearwater Analytics Holdings's current Equity-to-Asset is 0.68, which is 11% above median its own 10-year median of 0.61. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clearwater Analytics Holdings stock overvalued right now?
Clearwater Analytics Holdings (CWAN) has a current Equity-to-Asset of 0.68. The stock's GF Value™ is $32.62, compared to a current price of $24.56 — trading 24.7% below its estimated fair value. The current Equity-to-Asset is 0.68, which is 11% above median its 10-year median of 0.61 and 23.6% above the Software industry median of 0.55. Clearwater Analytics Holdings' overall GF Score™ is 62/100 with 7 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 Clearwater Analytics Holdings (CWAN), the current Equity-to-Asset is 0.68 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.

Is Clearwater Analytics Holdings (CWAN) Overvalued in 2026?

Based on GuruFocus' analysis, Clearwater Analytics Holdings stock appears to be undervalued. The current stock price of $24.56 is trading 24.7% below its estimated GF Value™ of $32.62.

Key valuation signals for CWAN:

  • Equity-to-Asset: 0.68 (11% above median its 10-year median of 0.61)
  • GF Value™: $32.62 vs. price of $24.56 (24.7% below fair value)
  • GF Score™: 62/100 with 7 warning signs
  • Industry Position: 23.6% above the Software median

No single metric tells the full story. See the CWAN stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Clearwater Analytics Holdings Business Description

Address 777 W. Main Street, Suite 900, Boise, ID, USA, 83702
Clearwater Analytics describes its mission as aiming to be the world's most trusted and comprehensive technology platform for the entire investment cycle. Clearwater has historically focused on back-office functions such as investment accounting, but with acquisitions such Enfusion, Beacon, and Bistro, the firm has broadened its focus with front-office and middle-office capabilities. Clearwater primarily serves insurance companies, asset managers, hedge funds, and corporate treasuries. Pro forma for Enfusion, about 76% of Clearwater's revenue is generated in the US.
62GF Score

Get the complete analysis for CWAN

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$24.56
Price
$32.62
GF Value