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Nitto Boseki CoNBCLF -1.38%66 Equity-to-Asset is 0.61 as of Mar. 2026, which is 9% above its 10-year median of 0.56. GuruFocus rates NBCLF with a GF Score™ of 66/100 and a GF Value™ of $7,219.65 (Significantly Undervalued). The stock has 3 warning signs investors should review. Among 1,066 Manufacturing - Apparel & Accessories companies, Nitto Boseki Co ranks better than 59.94% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nitto Boseki Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,094.0 Mil. Nitto Boseki Co's Total Assets for the quarter that ended in Mar. 2026 was $1,783.7 Mil.
Therefore, Nitto Boseki Co's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.61.
The historical rank and industry rank for Nitto Boseki Co's Equity-to-Asset or its related term are showing as below:
NBCLF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.54 Med: 0.56 Max: 0.61
Current: 0.61
During the past 13 years, the highest Equity to Asset Ratio of Nitto Boseki Co was 0.61. The lowest was 0.54. And the median was 0.56.
Nitto Boseki Co (OTCPK:NBCLF) 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%.
Nitto Boseki Co Equity-to-Asset Related Terms
Nitto Boseki Co Equity-to-Asset Historical Data
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The historical data trend for Nitto Boseki 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.
Nitto Boseki Co Equity-to-Asset Competitor Comparison
For the Textile Manufacturing subindustry, Nitto Boseki 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.
Nitto Boseki Co Equity-to-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Nitto Boseki Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nitto Boseki Co'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.
Nitto Boseki Co's Equity to Asset Ratio for the fiscal year that ended in Mar. 2026 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.
Nitto Boseki Co (NBCLF) has a Equity-to-Asset of 0.61 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nitto Boseki Co and its competitors. This is near median its historical median of 0.56. Over the past decade, Nitto Boseki Co's Equity-to-Asset has ranged from 0.54 to 0.61. According to the industry distribution chart, Nitto Boseki Co ranks #427 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 40.1%.
Is Nitto Boseki Co's Equity-to-Asset too high?
Nitto Boseki Co's current Equity-to-Asset of 0.61 is near median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.54 to a high of 0.61. The Manufacturing - Apparel & Accessories industry median Equity-to-Asset is 0.55. Nitto Boseki Co's value of 0.61 is 10.9% above this industry median. Based on the distribution chart, Nitto Boseki Co ranks #427 out of 1066 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Nitto Boseki Co has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Nitto Boseki Co's Equity-to-Asset compare to competitors?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Nitto Boseki Co ranks #427 out of 1066 companies for Equity-to-Asset. This puts Nitto Boseki Co in the upper half of its industry. The industry median Equity-to-Asset is 0.55. Nitto Boseki Co's value of 0.61 is 10.9% above this benchmark. Historically, Nitto Boseki Co's own Equity-to-Asset has ranged from 0.54 to 0.61 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.55, Nitto Boseki Co 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 Manufacturing - Apparel & Accessories company?
The median Equity-to-Asset among Manufacturing - Apparel & Accessories companies is 0.55, based on 1,066 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. Nitto Boseki Co's current Equity-to-Asset of 0.61 is 10.9% 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 Nitto Boseki Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitto Boseki Co's current Equity-to-Asset is 0.61, which is near median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitto Boseki Co stock overvalued right now?
Based on GuruFocus' analysis, Nitto Boseki Co (NBCLF) is currently considered Significantly Undervalued. The stock's GF Value™ is $7,219.65, compared to a current price of $19.30 — trading 99.7% below its estimated fair value. The current Equity-to-Asset is 0.61, which is near median its 10-year median of 0.56 and 10.9% above the Manufacturing - Apparel & Accessories industry median of 0.55. Nitto Boseki Co's overall GF Score™ is 66/100 with 3 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 Nitto Boseki Co (NBCLF), the current Equity-to-Asset is 0.61 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 Nitto Boseki Co (NBCLF) Overvalued in 2026?
Based on GuruFocus' analysis, Nitto Boseki Co stock appears to be undervalued.
The current stock price of $19.30 is trading 99.7% below its estimated GF Value™ of $7,219.65.
GuruFocus considers Nitto Boseki Co to be Significantly Undervalued.
Key valuation signals for NBCLF:
Equity-to-Asset: 0.61 (near median its 10-year median of 0.56)
GF Value™: $7,219.65 vs. price of $19.30 (99.7% below fair value)
Industry Position: 10.9% above the Manufacturing - Apparel & Accessories median (#427 of 1066)
No single metric tells the full story. See the NBCLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitto Boseki Co Ltd is engaged in the textile business. It operates in six segments: Textiles Business engages in the manufacture and sales of textiles products (core-spun yarn, stretch products, interlining and other finished products, etc.); Glass Fiber Yam Business engages in the manufacture and sales of glass raw fiber products (yarn, roving, chopped strands, etc.); Glass Fiber Cloth Business engages in the manufacture and sales of glass fiber functional products (glass cloth, etc.); Glass Fiber for Industrial Materials Business engages in the manufacture and sales of glass fiber products for use in industrial materials and the manufacture and sales of glass wool products (for use in thermal insulation materials); Life Science Business; and Other segment.
66GF Score
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