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NAXS ABLTS:0OKF 38 Equity-to-Asset is 1.00 as of Jun. 2026, which is at its 10-year median of 1.00. GuruFocus rates LTS:0OKF with a GF Score™ of 38/100 and a GF Value™ of kr12.71 (Significantly Overvalued). Among 1,618 Asset Management companies, NAXS AB ranks better than 99.88% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NAXS AB's Total Stockholders Equity for the quarter that ended in Jun. 2026 was kr506.08 Mil. NAXS AB's Total Assets for the quarter that ended in Jun. 2026 was kr506.96 Mil.
The historical rank and industry rank for NAXS AB's Equity-to-Asset or its related term are showing as below:
LTS:0OKF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.98 Med: 1 Max: 1
Current: 1
During the past 13 years, the highest Equity to Asset Ratio of NAXS AB was 1.00. The lowest was 0.98. And the median was 1.00.
LTS:0OKF's Equity-to-Asset is ranked better than 99.88% of 1618
companies
in the Asset Management industry
Industry Median: 0.83
vs LTS:0OKF: 1.00
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%.
NAXS AB Equity-to-Asset Related Terms
NAXS AB Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for NAXS AB'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.
LTS:0OKF vs BLK, BX, KKR: Equity-to-Asset Comparison
For the Asset Management subindustry, NAXS AB'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.
NAXS AB Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, NAXS AB's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where NAXS AB'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.
NAXS AB'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.
NAXS AB (LTS:0OKF) has a Equity-to-Asset of 1.00 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on NAXS AB and its competitors. This is near median its historical median of 1.00. Over the past decade, NAXS AB's Equity-to-Asset has ranged from 0.98 to 1.00. According to the industry distribution chart, NAXS AB ranks #2 out of 1618 companies in the Asset Management industry, placing it in the top 0.099999999999994%.
Is NAXS AB's Equity-to-Asset too high?
NAXS AB's current Equity-to-Asset of 1.00 is near median its 10-year median of 1.00. Over the past 10 years, this metric has ranged from a low of 0.98 to a high of 1.00. The Asset Management industry median Equity-to-Asset is 0.83. NAXS AB's value of 1.00 is 20.5% above this industry median. Based on the distribution chart, NAXS AB ranks #2 out of 1618 companies in the Asset Management industry, which is in the top quartile — a strong position relative to peers. Overall, NAXS AB has a GF Score™ of 38/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NAXS AB's Equity-to-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, NAXS AB ranks #2 out of 1618 companies for Equity-to-Asset. This places NAXS AB in the top 0% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.83. NAXS AB's value of 1.00 is 20.5% above this benchmark. Historically, NAXS AB's own Equity-to-Asset has ranged from 0.98 to 1.00 over the past decade. While the company's 10-year median is 1.00 vs. the industry median of 0.83, NAXS AB 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 1,618 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. NAXS AB's current Equity-to-Asset of 1.00 is 20.5% 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 NAXS AB 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. NAXS AB's current Equity-to-Asset is 1.00, which is near median its own 10-year median of 1.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NAXS AB stock overvalued right now?
Based on GuruFocus' analysis, NAXS AB (LTS:0OKF) is currently considered Significantly Overvalued. The stock's GF Value™ is kr12.71, compared to a current price of kr34.40 — trading 170.7% above its estimated fair value. The current Equity-to-Asset is 1.00, which is near median its 10-year median of 1.00 and 20.5% above the Asset Management industry median of 0.83. NAXS AB's overall GF Score™ is 38/100. 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 NAXS AB (LTS:0OKF), the current Equity-to-Asset is 1.00 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 NAXS AB (LTS:0OKF) Overvalued in 2026?
Based on GuruFocus' analysis, NAXS AB stock appears to be overvalued.
The current stock price of kr34.40 is trading 170.7% above its estimated GF Value™ of kr12.71.
GuruFocus considers NAXS AB to be Significantly Overvalued.
Key valuation signals for LTS:0OKF:
Equity-to-Asset: 1.00 (near median its 10-year median of 1.00)
GF Value™: kr12.71 vs. price of kr34.40 (170.7% above fair value)
Industry Position: 20.5% above the Asset Management median (#2 of 1618)
No single metric tells the full story. See the LTS:0OKF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NAXS AB is a publicly traded fund focused on investments across Sweden and Northern Europe. The firm principally invests in private equity funds with a Nordic focus. NAXS may also make direct investments or co-investments alongside private equity or other alternative assets funds and may invest up to forty percent of its net asset value in any securities or assets in any jurisdiction.
38GF Score
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