FSOYF (WithSecure) Equity-to-Asset: 0.35 (As of Sep. 2025) — 15% Below Median


FSOYF WithSecure Corp FSOYF
45 GF Score
Price $1.62
GF Value $0.90
! 5 Warning Signs
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What is WithSecure Equity-to-Asset?

WithSecure FSOYF 45 Equity-to-Asset is 0.35 as of Sep. 2025, which is 15% below its 10-year median of 0.41. GuruFocus rates FSOYF with a GF Score™ of 45/100 and a GF Value™ of $0.90. The stock has 5 warning signs investors should review.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. WithSecure's Total Stockholders Equity for the quarter that ended in Sep. 2025 was $59.8 Mil. WithSecure's Total Assets for the quarter that ended in Sep. 2025 was $171.2 Mil. Therefore, WithSecure's Equity to Asset Ratio for the quarter that ended in Sep. 2025 was 0.35.

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

FSOYF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.41   Max: 0.59
Current: 0.35

During the past 13 years, the highest Equity to Asset Ratio of WithSecure was 0.59. The lowest was 0.29. And the median was 0.41.

FSOYF's Equity-to-Asset is not ranked
in the Software industry.
Industry Median: 0.56 vs FSOYF: 0.35

WithSecure  (OTCPK:FSOYF) 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%.


WithSecure Equity-to-Asset Related Terms


WithSecure Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for WithSecure'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.

WithSecure Equity-to-Asset Chart

WithSecure Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 0.39 0.57 0.50 0.38

WithSecure Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 0.44 0.38 0.37 0.38 0.35

FSOYF vs MSFT, ORCL, PLTR: Equity-to-Asset Comparison

For the Software - Infrastructure subindustry, WithSecure'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.


WithSecure Equity-to-Asset vs Software Industry

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

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


FSOYF
45GF Score
WithSecure Corp FSOYF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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WithSecure 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.

WithSecure's Equity to Asset Ratio for the fiscal year that ended in Dec. 2024 is calculated as

Equity to Asset (A: Dec. 2024 )=Total Stockholders Equity/Total Assets
=72.495/193.523
=0.37

WithSecure's Equity to Asset Ratio for the quarter that ended in Sep. 2025 is calculated as

Equity to Asset (Q: Sep. 2025 )=Total Stockholders Equity/Total Assets
=59.81/171.158
=0.35

* 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 0.35 mean?
WithSecure (FSOYF) has a Equity-to-Asset of 0.35 as of Sep. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on WithSecure and its competitors. This is 15% below median its historical median of 0.41. Over the past decade, WithSecure's Equity-to-Asset has ranged from 0.29 to 0.59.
Is WithSecure's Equity-to-Asset too high?
WithSecure's current Equity-to-Asset of 0.35 is 15% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.59. The Software industry median Equity-to-Asset is 0.56. WithSecure's value of 0.35 is 37.5% below this industry median. Overall, WithSecure has a GF Score™ of 45/100, reflecting its overall financial health beyond just this single metric.
How does WithSecure's Equity-to-Asset compare to MSFT and ORCL?
WithSecure's Equity-to-Asset of 0.35 can be compared against companies in the Software industry. The industry median Equity-to-Asset is 0.56. WithSecure's value of 0.35 is 37.5% below this benchmark. Historically, WithSecure's own Equity-to-Asset has ranged from 0.29 to 0.59 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.56, WithSecure 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 Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,883 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. WithSecure's current Equity-to-Asset of 0.35 is 37.5% 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 WithSecure and its competitors. For the Software industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WithSecure's current Equity-to-Asset is 0.35, which is 15% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WithSecure stock overvalued right now?
WithSecure (FSOYF) has a current Equity-to-Asset of 0.35. The stock's GF Value™ is $0.90, compared to a current price of $1.62 — trading 80% above its estimated fair value. The current Equity-to-Asset is 0.35, which is 15% below median its 10-year median of 0.41 and 37.5% below the Software industry median of 0.56. WithSecure's overall GF Score™ is 45/100 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 WithSecure (FSOYF), the current Equity-to-Asset is 0.35 as of Sep. 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.

Is WithSecure (FSOYF) Overvalued in 2026?

Based on GuruFocus' analysis, WithSecure stock appears to be overvalued. The current stock price of $1.62 is trading 80% above its estimated GF Value™ of $0.90.

Key valuation signals for FSOYF:

  • Equity-to-Asset: 0.35 (15% below median its 10-year median of 0.41)
  • GF Value™: $0.90 vs. price of $1.62 (80% above fair value)
  • GF Score™: 45/100 with 5 warning signs
  • Industry Position: 37.5% below the Software median

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


WithSecure Business Description

Address Valimerenkatu 1, Helsinki, FIN, 00181
WithSecure Corp, formerly F-Secure Corp is a cyber security products and services company The Company has one segment which is security. Its solutions help to protect thousands of businesses from security threats. Geographically, WithSecure is focused on Europe and the United States, and the company's products are sold by thousands of resellers. The company's revenue is split into three categories. Cloud revenue includes the Elements platform cloud-based products, Managed Detection and Response (MDR) and Cloud Protection for Salesforce (CPSF) revenue. Onpremise revenue includes the Elements portfolio on-premise product (Endpoint protection) and other legacy products. Consulting revenue includes the cyber security consulting services.
45GF Score

Get the complete analysis for FSOYF

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

$1.62
Price
$0.90
GF Value