NetLink NBN TrustNETLF +1.52%32 Equity-to-Asset is 0.59 as of Mar. 2026, which is 13% below its 10-year median of 0.68. GuruFocus rates NETLF with a GF Score™ of 32/100 and a GF Value™ of $0.68 (Modestly Overvalued). The stock has 9 warning signs investors should review. Among 368 Telecommunication Services companies, NetLink NBN Trust ranks better than 76.36% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. NetLink NBN Trust's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,765.7 Mil. NetLink NBN Trust's Total Assets for the quarter that ended in Mar. 2026 was $2,998.7 Mil.
Therefore, NetLink NBN Trust's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.59.
The historical rank and industry rank for NetLink NBN Trust's Equity-to-Asset or its related term are showing as below:
NETLF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.59 Med: 0.68 Max: 0.73
Current: 0.59
During the past 11 years, the highest Equity to Asset Ratio of NetLink NBN Trust was 0.73. The lowest was 0.59. And the median was 0.68.
NETLF's Equity-to-Asset is ranked better than 76.36% of 368
companies
in the Telecommunication Services industry
Industry Median: 0.41
vs NETLF: 0.59
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%.
NetLink NBN Trust Equity-to-Asset Related Terms
NetLink NBN Trust Equity-to-Asset Historical Data
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The historical data trend for NetLink NBN Trust'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.
For the Telecom Services subindustry, NetLink NBN Trust'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.
NetLink NBN Trust Equity-to-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, NetLink NBN Trust's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where NetLink NBN Trust'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.
NetLink NBN Trust'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.
NetLink NBN Trust (NETLF) has a Equity-to-Asset of 0.59 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on NetLink NBN Trust and its competitors. This is 13% below median its historical median of 0.68. Over the past decade, NetLink NBN Trust's Equity-to-Asset has ranged from 0.59 to 0.73. According to the industry distribution chart, NetLink NBN Trust ranks #87 out of 368 companies in the Telecommunication Services industry, placing it in the top 23.6%.
Is NetLink NBN Trust's Equity-to-Asset too high?
NetLink NBN Trust's current Equity-to-Asset of 0.59 is 13% below median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 0.73. The Telecommunication Services industry median Equity-to-Asset is 0.41. NetLink NBN Trust's value of 0.59 is 43.9% above this industry median. Based on the distribution chart, NetLink NBN Trust ranks #87 out of 368 companies in the Telecommunication Services industry, which is in the top quartile — a strong position relative to peers. Overall, NetLink NBN Trust has a GF Score™ of 32/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does NetLink NBN Trust's Equity-to-Asset compare to TMUS and VZ?
According to the Telecommunication Services industry distribution chart, NetLink NBN Trust ranks #87 out of 368 companies for Equity-to-Asset. This places NetLink NBN Trust in the top 24% of its industry — outperforming the majority of peers. The industry median Equity-to-Asset is 0.41. NetLink NBN Trust's value of 0.59 is 43.9% above this benchmark. Historically, NetLink NBN Trust's own Equity-to-Asset has ranged from 0.59 to 0.73 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.41, NetLink NBN Trust 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 Telecommunication Services company?
The median Equity-to-Asset among Telecommunication Services companies is 0.41, based on 368 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. NetLink NBN Trust's current Equity-to-Asset of 0.59 is 43.9% 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 NetLink NBN Trust and its competitors. For the Telecommunication Services industry, the median Equity-to-Asset is 0.41 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NetLink NBN Trust's current Equity-to-Asset is 0.59, which is 13% below median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NetLink NBN Trust stock overvalued right now?
Based on GuruFocus' analysis, NetLink NBN Trust (NETLF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.68, compared to a current price of $0.77 — trading 13.1% above its estimated fair value. The current Equity-to-Asset is 0.59, which is 13% below median its 10-year median of 0.68 and 43.9% above the Telecommunication Services industry median of 0.41. NetLink NBN Trust's overall GF Score™ is 32/100 with 9 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 NetLink NBN Trust (NETLF), the current Equity-to-Asset is 0.59 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 NetLink NBN Trust (NETLF) Overvalued in 2026?
Based on GuruFocus' analysis, NetLink NBN Trust stock appears to be overvalued.
The current stock price of $0.77 is trading 13.1% above its estimated GF Value™ of $0.68.
GuruFocus considers NetLink NBN Trust to be Modestly Overvalued.
Key valuation signals for NETLF:
Equity-to-Asset: 0.59 (13% below median its 10-year median of 0.68)
GF Value™: $0.68 vs. price of $0.77 (13.1% above fair value)
Industry Position: 43.9% above the Telecommunication Services median (#87 of 368)
No single metric tells the full story. See the NETLF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
NetLink NBN Trust is a national provider of internet service. It designs, builds, owns, and operates network infrastructure comprising ducts, manholes, and fiber cables. Its non-building address point (NBAP) applications include infrastructure for telecommunications operators such as wireless network base stations, cameras, sensors, signage, and outdoor kiosks. The company generates the majority of its revenue from Installation-related revenue and Ancillary project revenue. The company operates in Singapore, the USA, the UK, and the rest of the World.
32GF Score
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