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NEW GERMANY FUNDGF +0.18%35 Equity-to-Asset is 0.87 as of Dec. 2025, which is 8% below its 10-year median of 0.95. GuruFocus rates GF with a GF Score™ of 35/100. The stock has 2 warning signs investors should review. Among 1,634 Asset Management companies, NEW GERMANY FUND ranks better than 56.24% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NEW GERMANY FUND's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $205.52 Mil. NEW GERMANY FUND's Total Assets for the quarter that ended in Dec. 2025 was $235.15 Mil.
Therefore, NEW GERMANY FUND's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.87.
The historical rank and industry rank for NEW GERMANY FUND's Equity-to-Asset or its related term are showing as below:
GF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.76 Med: 0.95 Max: 0.99
Current: 0.87
During the past 9 years, the highest Equity to Asset Ratio of NEW GERMANY FUND was 0.99. The lowest was 0.76. And the median was 0.95.
GF's Equity-to-Asset is ranked better than 56.24% of 1634
companies
in the Asset Management industry
Industry Median: 0.83
vs GF: 0.87
NEW GERMANY FUND (NYSE:GF) 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%.
NEW GERMANY FUND Equity-to-Asset Related Terms
NEW GERMANY FUND Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for NEW GERMANY FUND'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.
For the Asset Management subindustry, NEW GERMANY FUND'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.
NEW GERMANY FUND Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, NEW GERMANY FUND's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where NEW GERMANY FUND'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.
NEW GERMANY FUND's Equity to Asset Ratio for the fiscal year that ended in Dec. 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.
NEW GERMANY FUND (GF) has a Equity-to-Asset of 0.87 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on NEW GERMANY FUND and its competitors. This is near median its historical median of 0.95. Over the past decade, NEW GERMANY FUND's Equity-to-Asset has ranged from 0.76 to 0.99. According to the industry distribution chart, NEW GERMANY FUND ranks #715 out of 1634 companies in the Asset Management industry, placing it in the top 43.8%.
Is NEW GERMANY FUND's Equity-to-Asset too high?
NEW GERMANY FUND's current Equity-to-Asset of 0.87 is near median its 10-year median of 0.95. Over the past 10 years, this metric has ranged from a low of 0.76 to a high of 0.99. The Asset Management industry median Equity-to-Asset is 0.83. NEW GERMANY FUND's value of 0.87 is 4.8% above this industry median. Based on the distribution chart, NEW GERMANY FUND ranks #715 out of 1634 companies in the Asset Management industry, which is above the industry midpoint. Overall, NEW GERMANY FUND has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does NEW GERMANY FUND's Equity-to-Asset compare to WIA and WHG?
According to the Asset Management industry distribution chart, NEW GERMANY FUND ranks #715 out of 1634 companies for Equity-to-Asset. This puts NEW GERMANY FUND in the upper half of its industry. The industry median Equity-to-Asset is 0.83. NEW GERMANY FUND's value of 0.87 is 4.8% above this benchmark. Historically, NEW GERMANY FUND's own Equity-to-Asset has ranged from 0.76 to 0.99 over the past decade. While the company's 10-year median is 0.95 vs. the industry median of 0.83, NEW GERMANY FUND 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 an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,634 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. NEW GERMANY FUND's current Equity-to-Asset of 0.87 is 4.8% 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 NEW GERMANY FUND and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEW GERMANY FUND's current Equity-to-Asset is 0.87, which is near median its own 10-year median of 0.95. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEW GERMANY FUND stock overvalued right now?
NEW GERMANY FUND (GF) has a current Equity-to-Asset of 0.87. The current Equity-to-Asset is 0.87, which is near median its 10-year median of 0.95 and 4.8% above the Asset Management industry median of 0.83. NEW GERMANY FUND's overall GF Score™ is 35/100 with 2 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 NEW GERMANY FUND (GF), the current Equity-to-Asset is 0.87 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.
NEW GERMANY FUND INC is a non-diversified, closed-end management investment company. As the investment objective, the fund seeks long-term capital appreciation through investment in middle-market German equities. The fund's portfolio of investments includes investments in different sectors such as the industrials, information technology, materials, consumer discretionary, Communication Services, Financials, Consumer Staples, Real Estate, Utilities, Healthcare, Energy, and others. Its portfolio is geographically diversified across the Netherlands, Germany, and Luxembourg.
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