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Novamarine SpAMIL:NOVA 17 Equity-to-Asset is 0.50 as of Dec. 2025, which is 92% above its 10-year median of 0.26. GuruFocus rates MIL:NOVA with a GF Score™ of 17/100. The stock has 2 warning signs investors should review. Among 1,331 Vehicles & Parts companies, Novamarine SpA ranks better than 53.27% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Novamarine SpA's Total Stockholders Equity for the quarter that ended in Dec. 2025 was €26.26 Mil. Novamarine SpA's Total Assets for the quarter that ended in Dec. 2025 was €52.68 Mil.
Therefore, Novamarine SpA's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.50.
The historical rank and industry rank for Novamarine SpA's Equity-to-Asset or its related term are showing as below:
MIL:NOVA'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.22 Med: 0.26 Max: 0.5
Current: 0.5
During the past 5 years, the highest Equity to Asset Ratio of Novamarine SpA was 0.50. The lowest was 0.22. And the median was 0.26.
MIL:NOVA's Equity-to-Asset is ranked better than 53.27% of 1331
companies
in the Vehicles & Parts industry
Industry Median: 0.49
vs MIL:NOVA: 0.50
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%.
Novamarine SpA Equity-to-Asset Related Terms
Novamarine SpA Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Novamarine SpA'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.
MIL:NOVA vs BC, PII, THO: Equity-to-Asset Comparison
For the Recreational Vehicles subindustry, Novamarine SpA'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.
Novamarine SpA Equity-to-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Novamarine SpA's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Novamarine SpA'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.
Novamarine SpA'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.
Novamarine SpA (MIL:NOVA) has a Equity-to-Asset of 0.50 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Novamarine SpA and its competitors. This is 92% above median its historical median of 0.26. Over the past decade, Novamarine SpA's Equity-to-Asset has ranged from 0.22 to 0.50. According to the industry distribution chart, Novamarine SpA ranks #622 out of 1331 companies in the Vehicles & Parts industry, placing it in the top 46.7%.
Is Novamarine SpA's Equity-to-Asset too high?
Novamarine SpA's current Equity-to-Asset of 0.50 is 92% above median its 10-year median of 0.26. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 0.50. The Vehicles & Parts industry median Equity-to-Asset is 0.49. Novamarine SpA's value of 0.50 is 2% above this industry median. Based on the distribution chart, Novamarine SpA ranks #622 out of 1331 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, Novamarine SpA has a GF Score™ of 17/100, reflecting its overall financial health beyond just this single metric.
How does Novamarine SpA's Equity-to-Asset compare to BC and PII?
According to the Vehicles & Parts industry distribution chart, Novamarine SpA ranks #622 out of 1331 companies for Equity-to-Asset. This puts Novamarine SpA in the upper half of its industry. The industry median Equity-to-Asset is 0.49. Novamarine SpA's value of 0.50 is 2% above this benchmark. Historically, Novamarine SpA's own Equity-to-Asset has ranged from 0.22 to 0.50 over the past decade. While the company's 10-year median is 0.26 vs. the industry median of 0.49, Novamarine SpA 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 Vehicles & Parts company?
The median Equity-to-Asset among Vehicles & Parts companies is 0.49, based on 1,331 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. Novamarine SpA's current Equity-to-Asset of 0.50 is 2% 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 Novamarine SpA and its competitors. For the Vehicles & Parts industry, the median Equity-to-Asset is 0.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Novamarine SpA's current Equity-to-Asset is 0.50, which is 92% above median its own 10-year median of 0.26. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novamarine SpA stock overvalued right now?
Novamarine SpA (MIL:NOVA) has a current Equity-to-Asset of 0.50. The current Equity-to-Asset is 0.50, which is 92% above median its 10-year median of 0.26 and 2% above the Vehicles & Parts industry median of 0.49. Novamarine SpA's overall GF Score™ is 17/100 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 Novamarine SpA (MIL:NOVA), the current Equity-to-Asset is 0.50 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.
Novamarine SpA is a company active in the design, production and marketing of high-performance pleasure boats in the pleasure and professional segments.
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