Voim ASA (FRA:E2M) Equity-to-Asset: -3.15 (As of Jun. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

FRA:E2M Voim ASA FRA:E2M
37 GF Score
Price €0.03
GF Value €0.14
Valuation Possible Value Trap
! 5 Warning Signs
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What is Voim ASA Equity-to-Asset?

Voim ASA FRA:E2M +3.15% 37 Equity-to-Asset is -3.15 as of Jun. 2026. GuruFocus rates FRA:E2M with a GF Score™ of 37/100 and a GF Value™ of €0.14 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 1,027 Oil & Gas companies, Voim ASA ranks worse than 96.98% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Voim ASA's Total Stockholders Equity for the quarter that ended in Jun. 2026 was €-13.28 Mil. Voim ASA's Total Assets for the quarter that ended in Jun. 2026 was €4.22 Mil. Therefore, Voim ASA's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was -3.15.

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

FRA:E2M' s Equity-to-Asset Range Over the Past 10 Years
Min: -3.15   Med: 0.03   Max: 0.29
Current: -3.15

During the past 13 years, the highest Equity to Asset Ratio of Voim ASA was 0.29. The lowest was -3.15. And the median was 0.03.

FRA:E2M's Equity-to-Asset is ranked worse than
96.98% of 1027 companies
in the Oil & Gas industry
Industry Median: 0.5 vs FRA:E2M: -3.15

Voim ASA  (FRA:E2M) 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%.


Voim ASA Equity-to-Asset Related Terms


Voim ASA Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Voim ASA'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.

Voim ASA Equity-to-Asset Chart

Voim ASA 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 -0.06 0.20 0.02 0.12 -1.03

Voim ASA Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 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 0.01 0.12 0.14 -1.03 -3.15

FRA:E2M vs SLB, BKR, HAL: Equity-to-Asset Comparison

For the Oil & Gas Equipment & Services subindustry, Voim ASA'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.


Voim ASA Equity-to-Asset vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Voim ASA's Equity-to-Asset distribution charts can be found below:

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


FRA:E2M
37GF Score
Voim ASA FRA:E2M
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Voim ASA 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.

Voim ASA'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
=-9.251/9.013
=-1.03

Voim ASA'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
=-13.283/4.217
=-3.15

* 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 -3.15 mean?
Voim ASA (FRA:E2M) has a Equity-to-Asset of -3.15 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Voim ASA and its competitors. According to the industry distribution chart, Voim ASA ranks #996 out of 1027 companies in the Oil & Gas industry, placing it in the top 97%.
Is Voim ASA's Equity-to-Asset too high?
Voim ASA's current Equity-to-Asset is -3.15. Based on the distribution chart, Voim ASA ranks #996 out of 1027 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Voim ASA has a GF Score™ of 37/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Voim ASA's Equity-to-Asset compare to SLB and BKR?
According to the Oil & Gas industry distribution chart, Voim ASA ranks #996 out of 1027 companies for Equity-to-Asset. This places Voim ASA in the lower half of its industry. The industry median Equity-to-Asset is 0.50. 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 an Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.50, based on 1,027 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 Voim ASA and its competitors. For the Oil & Gas 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. Voim ASA's current Equity-to-Asset is -3.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voim ASA stock overvalued right now?
Based on GuruFocus' analysis, Voim ASA (FRA:E2M) is currently considered Possible Value Trap. The stock's GF Value™ is €0.14, compared to a current price of €0.03 — trading 81.3% below its estimated fair value. The current Equity-to-Asset is -3.15. Voim ASA's overall GF Score™ is 37/100 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 Voim ASA (FRA:E2M), the current Equity-to-Asset is -3.15 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 Voim ASA (FRA:E2M) Overvalued in 2026?

Based on GuruFocus' analysis, Voim ASA stock appears to be undervalued. The current stock price of €0.03 is trading 81.3% below its estimated GF Value™ of €0.14. GuruFocus considers Voim ASA to be Possible Value Trap.

Key valuation signals for FRA:E2M:

  • Equity-to-Asset: -3.15
  • GF Value™: €0.14 vs. price of €0.03 (81.3% below fair value)
  • GF Score™: 37/100 with 5 warning signs

No single metric tells the full story. See the FRA:E2M stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Voim ASA Business Description

Industry EnergyOil & Gas
Address Karenslyst Alle 4, 4th Floor, Oslo, NOR, 0278
ElectroMagnetic GeoServices ASA is a company engaged in offering electromagnetic services. The company uses the electromagnetic survey method to locate hydrocarbons in offshore reservoirs. The company's focus is on planning, acquisition, processing, modeling, interpretation, and integration of electromagnetic data. Oil and gas companies, as well as other customers, utilize its services to determine whether an offshore area is suitable for the commercial production of hydrocarbons. The company operates in Europe, the Middle East, and Africa, Norway, North and South America, Asia, and the Pacific Ocean. The majority of their revenue is generated from Asia and the Pacific Ocean. It makes money through proprietary contract sales and multi-client sales.
37GF Score

Get the complete analysis for FRA:E2M

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

€0.03
Price
€0.14
GF Value