FNNNF (Finnair Oyj) Equity-to-Asset: 0.20 (As of Jun. 2026) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

FNNNF Finnair Oyj FNNNF
60 GF Score
Price $5.58
GF Value $3.13
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is Finnair Oyj Equity-to-Asset?

Finnair Oyj FNNNF -2.62% 60 Equity-to-Asset is 0.20 as of Jun. 2026, which is at its 10-year median of 0.20. GuruFocus rates FNNNF with a GF Score™ of 60/100 and a GF Value™ of $3.13 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 1,012 Transportation companies, Finnair Oyj ranks worse than 86.07% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Finnair Oyj's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $933 Mil. Finnair Oyj's Total Assets for the quarter that ended in Jun. 2026 was $4,658 Mil. Therefore, Finnair Oyj's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.20.

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

FNNNF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.07   Med: 0.2   Max: 0.38
Current: 0.2

During the past 13 years, the highest Equity to Asset Ratio of Finnair Oyj was 0.38. The lowest was 0.07. And the median was 0.20.

FNNNF's Equity-to-Asset is ranked worse than
86.07% of 1012 companies
in the Transportation industry
Industry Median: 0.5 vs FNNNF: 0.20

Finnair Oyj  (OTCPK:FNNNF) 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%.


Finnair Oyj Equity-to-Asset Related Terms


Finnair Oyj Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Finnair Oyj'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.

Finnair Oyj Equity-to-Asset Chart

Finnair Oyj Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.10 0.16 0.17 0.17

Finnair Oyj Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.16 0.18 0.17 0.22 0.20

FNNNF vs DAL, UAL, LUV: Equity-to-Asset Comparison

For the Airlines subindustry, Finnair Oyj'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.


Finnair Oyj Equity-to-Asset vs Transportation Industry

For the Transportation industry and Industrials sector, Finnair Oyj's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Finnair Oyj's Equity-to-Asset falls into.


FNNNF
60GF Score
Finnair Oyj FNNNF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Finnair Oyj 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.

Finnair Oyj'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
=745.55/4317.213
=0.17

Finnair Oyj's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=933.18/4658.41
=0.20

* 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 0.20 mean?
Finnair Oyj (FNNNF) has a Equity-to-Asset of 0.20 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Finnair Oyj and its competitors. This is near median its historical median of 0.20. Over the past decade, Finnair Oyj's Equity-to-Asset has ranged from 0.07 to 0.38. According to the industry distribution chart, Finnair Oyj ranks #871 out of 1012 companies in the Transportation industry, placing it in the top 86.1%.
Is Finnair Oyj's Equity-to-Asset too high?
Finnair Oyj's current Equity-to-Asset of 0.20 is near median its 10-year median of 0.20. Over the past 10 years, this metric has ranged from a low of 0.07 to a high of 0.38. The Transportation industry median Equity-to-Asset is 0.50. Finnair Oyj's value of 0.20 is 60% below this industry median. Based on the distribution chart, Finnair Oyj ranks #871 out of 1012 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Finnair Oyj has a GF Score™ of 60/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Finnair Oyj's Equity-to-Asset compare to DAL and UAL?
According to the Transportation industry distribution chart, Finnair Oyj ranks #871 out of 1012 companies for Equity-to-Asset. This places Finnair Oyj in the lower half of its industry. The industry median Equity-to-Asset is 0.50. Finnair Oyj's value of 0.20 is 60% below this benchmark. Historically, Finnair Oyj's own Equity-to-Asset has ranged from 0.07 to 0.38 over the past decade. While the company's 10-year median is 0.20 vs. the industry median of 0.50, Finnair Oyj 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 a Transportation company?
The median Equity-to-Asset among Transportation companies is 0.50, based on 1,012 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. Finnair Oyj's current Equity-to-Asset of 0.20 is 60% 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 Finnair Oyj and its competitors. For the Transportation industry, the median Equity-to-Asset is 0.50 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Finnair Oyj's current Equity-to-Asset is 0.20, which is near median its own 10-year median of 0.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Finnair Oyj stock overvalued right now?
Based on GuruFocus' analysis, Finnair Oyj (FNNNF) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.13, compared to a current price of $5.58 — trading 78.1% above its estimated fair value. The current Equity-to-Asset is 0.20, which is near median its 10-year median of 0.20 and 60% below the Transportation industry median of 0.50. Finnair Oyj's overall GF Score™ is 60/100 with 5 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 Finnair Oyj (FNNNF), the current Equity-to-Asset is 0.20 as of Jun. 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 Finnair Oyj (FNNNF) Overvalued in 2026?

Based on GuruFocus' analysis, Finnair Oyj stock appears to be overvalued. The current stock price of $5.58 is trading 78.1% above its estimated GF Value™ of $3.13. GuruFocus considers Finnair Oyj to be Significantly Overvalued.

Key valuation signals for FNNNF:

  • Equity-to-Asset: 0.20 (near median its 10-year median of 0.20)
  • GF Value™: $3.13 vs. price of $5.58 (78.1% above fair value)
  • GF Score™: 60/100 with 5 warning signs
  • Industry Position: 60% below the Transportation median (#871 of 1012)

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


Finnair Oyj Business Description

Address Tietotie 9 A Helsinki Airport, PO Box 15, Vantaa, FIN, 01053
Finnair Oyj is a Finland-based airline company that provides air transport operations and supporting services. The company is engaged in delivering services for scheduled passenger and charter traffic as well as cargo sales, customer service and service concepts, flight operations, and activities connected with the procurement and financing of aircraft. The company also provides travel services which consist of travel agency operations as well as tour operations and travel sector software business operations. It operates in only one segment which is Airline Business. Its travel services provide various traveling packages to customers through its travel operators and travel agencies, support services include catering services, Aircraft maintenance, ground handling, and Airline training.
60GF Score

Get the complete analysis for FNNNF

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

$5.58
Price
$3.13
GF Value