MWC (Micware Co) Equity-to-Asset: 0.34 (As of Feb. 2026) — 17% Above Median

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MWC Micware Co Ltd MWC
20 GF Score
Price $1.57
! 1 Warning Sign
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What is Micware Co Equity-to-Asset?

Micware Co MWC +3.97% 20 Equity-to-Asset is 0.34 as of Feb. 2026, which is 17% above its 10-year median of 0.29. GuruFocus rates MWC with a GF Score™ of 20/100. The stock has 1 warning sign investors should review. Among 1,335 Vehicles & Parts companies, Micware Co ranks worse than 72.28% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Micware Co's Total Stockholders Equity for the quarter that ended in Feb. 2026 was $54.2 Mil. Micware Co's Total Assets for the quarter that ended in Feb. 2026 was $157.6 Mil. Therefore, Micware Co's Equity to Asset Ratio for the quarter that ended in Feb. 2026 was 0.34.

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

MWC' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29   Med: 0.29   Max: 0.34
Current: 0.34

During the past 3 years, the highest Equity to Asset Ratio of Micware Co was 0.34. The lowest was 0.29. And the median was 0.29.

MWC's Equity-to-Asset is ranked worse than
72.28% of 1335 companies
in the Vehicles & Parts industry
Industry Median: 0.49 vs MWC: 0.34

Micware Co  (NAS:MWC) 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%.


Micware Co Equity-to-Asset Related Terms


Micware Co Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Micware Co'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.

Micware Co Equity-to-Asset Chart

Micware Co Annual Data
Trend Feb24 Feb25 Feb26
Equity-to-Asset
0.29 0.29 0.34

Micware Co Semi-Annual Data
Feb24 Aug24 Feb25 Aug25 Feb26
Equity-to-Asset 0.29 0.00 0.29 0.32 0.34

MWC vs CAAS, INVZ, MKDW: Equity-to-Asset Comparison

For the Auto Parts subindustry, Micware Co'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.


Micware Co Equity-to-Asset vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Micware Co's Equity-to-Asset distribution charts can be found below:

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


MWC
20GF Score
Micware Co Ltd MWC
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Micware Co 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.

Micware Co's Equity to Asset Ratio for the fiscal year that ended in Feb. 2026 is calculated as

Equity to Asset (A: Feb. 2026 )=Total Stockholders Equity/Total Assets
=54.157/157.569
=0.34

Micware Co's Equity to Asset Ratio for the quarter that ended in Feb. 2026 is calculated as

Equity to Asset (Q: Feb. 2026 )=Total Stockholders Equity/Total Assets
=54.157/157.569
=0.34

* 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 0.34 mean?
Micware Co (MWC) has a Equity-to-Asset of 0.34 as of Feb. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Micware Co and its competitors. This is 17% above median its historical median of 0.29. Over the past decade, Micware Co's Equity-to-Asset has ranged from 0.29 to 0.34. According to the industry distribution chart, Micware Co ranks #965 out of 1335 companies in the Vehicles & Parts industry, placing it in the top 72.3%.
Is Micware Co's Equity-to-Asset too high?
Micware Co's current Equity-to-Asset of 0.34 is 17% above median its 10-year median of 0.29. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.34. The Vehicles & Parts industry median Equity-to-Asset is 0.49. Micware Co's value of 0.34 is 30.6% below this industry median. Based on the distribution chart, Micware Co ranks #965 out of 1335 companies in the Vehicles & Parts industry, which is below the industry midpoint. Overall, Micware Co has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Micware Co's Equity-to-Asset compare to CAAS and INVZ?
According to the Vehicles & Parts industry distribution chart, Micware Co ranks #965 out of 1335 companies for Equity-to-Asset. This places Micware Co in the lower half of its industry. The industry median Equity-to-Asset is 0.49. Micware Co's value of 0.34 is 30.6% below this benchmark. Historically, Micware Co's own Equity-to-Asset has ranged from 0.29 to 0.34 over the past decade. While the company's 10-year median is 0.29 vs. the industry median of 0.49, Micware Co 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 Vehicles & Parts company?
The median Equity-to-Asset among Vehicles & Parts companies is 0.49, based on 1,335 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. Micware Co's current Equity-to-Asset of 0.34 is 30.6% 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 Micware Co 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. Micware Co's current Equity-to-Asset is 0.34, which is 17% above median its own 10-year median of 0.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micware Co stock overvalued right now?
Micware Co (MWC) has a current Equity-to-Asset of 0.34. The current Equity-to-Asset is 0.34, which is 17% above median its 10-year median of 0.29 and 30.6% below the Vehicles & Parts industry median of 0.49. Micware Co's overall GF Score™ is 20/100 with 1 warning sign 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 Micware Co (MWC), the current Equity-to-Asset is 0.34 as of Feb. 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.

Micware Co Business Description

Address 59 Naniwa-machi, Kobe Asahi Building. 25th Floor.24th Floor, Chuo-ku, Hyogo, Kobe, JPN, 650-0035
Micware Co Ltd is a Japan-based holding company that provides software development services and inventive information technology (IT) solutions mainly focused on the automotive and mobility sectors. Its main focus is the development and sale of in-vehicle infotainment (IVI) systems that cover a broad range of modern car functionality from multimedia to navigation, human-machine interface, telematics, and driver assistance. The group also engaged in the development of navigation software and location information-based smartphone applications. The Company operates its business units in the three operating segments: Software Defined Vehicles (SDV), Location-Based Services (LBS), and Other. The Company operates principally in Japan. All material revenue of the Company is derived from Japan.
20GF Score

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