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GN Store Nord ASGGNDF 72 Equity-to-Asset is 0.35 as of Mar. 2026, which is 3% above its 10-year median of 0.34. GuruFocus rates GGNDF with a GF Score™ of 72/100 and a GF Value™ of $15.86 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 853 Medical Devices & Instruments companies, GN Store Nord AS ranks worse than 79.72% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. GN Store Nord AS's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,566 Mil. GN Store Nord AS's Total Assets for the quarter that ended in Mar. 2026 was $4,417 Mil.
Therefore, GN Store Nord AS's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.35.
The historical rank and industry rank for GN Store Nord AS's Equity-to-Asset or its related term are showing as below:
GGNDF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.34 Max: 0.49
Current: 0.35
During the past 13 years, the highest Equity to Asset Ratio of GN Store Nord AS was 0.49. The lowest was 0.22. And the median was 0.34.
GGNDF's Equity-to-Asset is ranked worse than 79.72% of 853
companies
in the Medical Devices & Instruments industry
Industry Median: 0.64
vs GGNDF: 0.35
GN Store Nord AS (OTCPK:GGNDF) 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%.
GN Store Nord AS Equity-to-Asset Related Terms
GN Store Nord AS Equity-to-Asset Historical Data
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The historical data trend for GN Store Nord AS'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.
GGNDF vs ABT, SYK, MDT: Equity-to-Asset Comparison
For the Medical Devices subindustry, GN Store Nord AS'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.
GN Store Nord AS Equity-to-Asset vs Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, GN Store Nord AS's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where GN Store Nord AS'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.
GN Store Nord AS'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.
GN Store Nord AS (GGNDF) has a Equity-to-Asset of 0.35 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on GN Store Nord AS and its competitors. This is near median its historical median of 0.34. Over the past decade, GN Store Nord AS's Equity-to-Asset has ranged from 0.22 to 0.49. According to the industry distribution chart, GN Store Nord AS ranks #680 out of 853 companies in the Medical Devices & Instruments industry, placing it in the top 79.7%.
Is GN Store Nord AS's Equity-to-Asset too high?
GN Store Nord AS's current Equity-to-Asset of 0.35 is near median its 10-year median of 0.34. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.49. The Medical Devices & Instruments industry median Equity-to-Asset is 0.64. GN Store Nord AS's value of 0.35 is 45.3% below this industry median. Based on the distribution chart, GN Store Nord AS ranks #680 out of 853 companies in the Medical Devices & Instruments industry, which is in the bottom quartile relative to peers. Overall, GN Store Nord AS has a GF Score™ of 72/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does GN Store Nord AS's Equity-to-Asset compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, GN Store Nord AS ranks #680 out of 853 companies for Equity-to-Asset. This places GN Store Nord AS in the lower half of its industry. The industry median Equity-to-Asset is 0.64. GN Store Nord AS's value of 0.35 is 45.3% below this benchmark. Historically, GN Store Nord AS's own Equity-to-Asset has ranged from 0.22 to 0.49 over the past decade. While the company's 10-year median is 0.34 vs. the industry median of 0.64, GN Store Nord AS 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 Medical Devices & Instruments company?
The median Equity-to-Asset among Medical Devices & Instruments companies is 0.64, based on 853 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. GN Store Nord AS's current Equity-to-Asset of 0.35 is 45.3% 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 GN Store Nord AS and its competitors. For the Medical Devices & Instruments industry, the median Equity-to-Asset is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. GN Store Nord AS's current Equity-to-Asset is 0.35, which is near median its own 10-year median of 0.34. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GN Store Nord AS stock overvalued right now?
Based on GuruFocus' analysis, GN Store Nord AS (GGNDF) is currently considered Modestly Undervalued. The stock's GF Value™ is $15.86, compared to a current price of $13.39 — trading 15.6% below its estimated fair value. The current Equity-to-Asset is 0.35, which is near median its 10-year median of 0.34 and 45.3% below the Medical Devices & Instruments industry median of 0.64. GN Store Nord AS's overall GF Score™ is 72/100 with 6 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 GN Store Nord AS (GGNDF), the current Equity-to-Asset is 0.35 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 GN Store Nord AS (GGNDF) Overvalued in 2026?
Based on GuruFocus' analysis, GN Store Nord AS stock appears to be undervalued.
The current stock price of $13.39 is trading 15.6% below its estimated GF Value™ of $15.86.
GuruFocus considers GN Store Nord AS to be Modestly Undervalued.
Key valuation signals for GGNDF:
Equity-to-Asset: 0.35 (near median its 10-year median of 0.34)
GF Value™: $15.86 vs. price of $13.39 (15.6% below fair value)
Industry Position: 45.3% below the Medical Devices & Instruments median (#680 of 853)
No single metric tells the full story. See the GGNDF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
GN Store Nord is a Danish company offering medical and audio solutions. The group comprises three businesses: hearing (about 40% of sales), enterprise (40%), and gaming (20%). GN Hearing offers hearing aids and competes globally with Sonova, Demant, Starkey, and WS Audiology (formerly Sivantos and Widex). GN Enterprise provides headsets and speakerphones to the enterprise market, including contact centers and offices. GN recently acquired SteelSeries, a provider of gaming accessories such as headsets and keyboards, thereby forming the gaming division. The company has positioned itself as a major player in the Unified Communication-enabled headsets market. The firm's premium brands are Resound in hearing, Jabra in headsets, and SteelSeries in gaming.
72GF Score
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