Icom (ICOIF) Equity-to-Asset: 0.89 (As of Mar. 2026) — Near Median

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What is Icom Equity-to-Asset?

Icom ICOIF 80 Equity-to-Asset is 0.89 as of Mar. 2026, which is 2% below its 10-year median of 0.91. GuruFocus rates ICOIF with a GF Score™ of 80/100. The stock has 5 warning signs investors should review. Among 2,500 Hardware companies, Icom ranks better than 94.6% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Icom's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $460.61 Mil. Icom's Total Assets for the quarter that ended in Mar. 2026 was $516.59 Mil. Therefore, Icom's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.89.

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

ICOIF' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.89   Med: 0.91   Max: 0.92
Current: 0.89

During the past 13 years, the highest Equity to Asset Ratio of Icom was 0.92. The lowest was 0.89. And the median was 0.91.

ICOIF's Equity-to-Asset is ranked better than
94.6% of 2500 companies
in the Hardware industry
Industry Median: 0.57 vs ICOIF: 0.89

Icom  (OTCPK:ICOIF) 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%.


Icom Equity-to-Asset Related Terms


Icom Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Icom'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.

Icom Equity-to-Asset Chart

Icom Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.90 0.90 0.91 0.89

Icom Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.91 0.90 0.90 0.90 0.89

ICOIF vs CSCO, CIEN, MSI: Equity-to-Asset Comparison

For the Communication Equipment subindustry, Icom'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.


Icom Equity-to-Asset vs Hardware Industry

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

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



Icom 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.

Icom's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Equity to Asset (A: Mar. 2026 )=Total Stockholders Equity/Total Assets
=460.605/516.591
=0.89

Icom's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=460.605/516.591
=0.89

* 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 0.89 mean?
Icom (ICOIF) has a Equity-to-Asset of 0.89 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Icom and its competitors. This is near median its historical median of 0.91. Over the past decade, Icom's Equity-to-Asset has ranged from 0.89 to 0.92. According to the industry distribution chart, Icom ranks #135 out of 2500 companies in the Hardware industry, placing it in the top 5.4%.
Is Icom's Equity-to-Asset too high?
Icom's current Equity-to-Asset of 0.89 is near median its 10-year median of 0.91. Over the past 10 years, this metric has ranged from a low of 0.89 to a high of 0.92. The Hardware industry median Equity-to-Asset is 0.57. Icom's value of 0.89 is 56.1% above this industry median. Based on the distribution chart, Icom ranks #135 out of 2500 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Icom has a GF Score™ of 80/100, reflecting its overall financial health beyond just this single metric.
How does Icom's Equity-to-Asset compare to CSCO and CIEN?
According to the Hardware industry distribution chart, Icom ranks #135 out of 2500 companies for Equity-to-Asset. This places Icom in the top 5% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.57. Icom's value of 0.89 is 56.1% above this benchmark. Historically, Icom's own Equity-to-Asset has ranged from 0.89 to 0.92 over the past decade. While the company's 10-year median is 0.91 vs. the industry median of 0.57, Icom 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 a Hardware company?
The median Equity-to-Asset among Hardware companies is 0.57, based on 2,500 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. Icom's current Equity-to-Asset of 0.89 is 56.1% 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 Icom and its competitors. For the Hardware industry, the median Equity-to-Asset is 0.57 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icom's current Equity-to-Asset is 0.89, which is near median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icom stock overvalued right now?
Icom (ICOIF) has a current Equity-to-Asset of 0.89. The current Equity-to-Asset is 0.89, which is near median its 10-year median of 0.91 and 56.1% above the Hardware industry median of 0.57. Icom's overall GF Score™ is 80/100 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 Icom (ICOIF), the current Equity-to-Asset is 0.89 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.

Icom Business Description

Other Exchanges 6820:Japan
Address 1-1-32, Kamiminami, Hirano-ku, Osaka, JPN, 547-0003
Icom Inc manufactures and sells telecommunications equipment. The company's product portfolio consists of land mobile radio, amateur radio, marine radio, navigation products, aviation radio and communications receivers. It operates in four segments Japan, North America including the United States and Canada, Europe including Germany and Spain, and Asia & Oceania including Australia, Taiwan, and China. The majority of the revenues are derived from the sale of telecommunications equipment in Japan.