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Byhmgard ABNGM:BESS -8.76%26 Equity-to-Asset is 0.69 as of Mar. 2026, which is 64% above its 10-year median of 0.42. GuruFocus rates NGM:BESS with a GF Score™ of 26/100. The stock has 5 warning signs investors should review. Among 1,025 Oil & Gas companies, Byhmgard AB ranks better than 73.95% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Byhmgard AB's Total Stockholders Equity for the quarter that ended in Mar. 2026 was kr30.17 Mil. Byhmgard AB's Total Assets for the quarter that ended in Mar. 2026 was kr43.90 Mil.
Therefore, Byhmgard AB's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.69.
The historical rank and industry rank for Byhmgard AB's Equity-to-Asset or its related term are showing as below:
NGM:BESS'
s Equity-to-Asset Range Over the Past 10 Years
Min: -16.5 Med: 0.42 Max: 0.97
Current: 0.69
During the past 11 years, the highest Equity to Asset Ratio of Byhmgard AB was 0.97. The lowest was -16.50. And the median was 0.42.
NGM:BESS's Equity-to-Asset is ranked better than 73.95% of 1025
companies
in the Oil & Gas industry
Industry Median: 0.49
vs NGM:BESS: 0.69
Byhmgard AB (NGM:BESS) 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%.
Byhmgard AB Equity-to-Asset Related Terms
Byhmgard AB Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Byhmgard 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.
NGM:BESS vs WMB, EPD, KMI: Equity-to-Asset Comparison
For the Oil & Gas Midstream subindustry, Byhmgard 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.
Byhmgard AB Equity-to-Asset vs Oil & Gas Industry
For the Oil & Gas industry and Energy sector, Byhmgard AB's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Byhmgard 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.
Byhmgard 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.
Byhmgard AB (NGM:BESS) has a Equity-to-Asset of 0.69 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Byhmgard AB and its competitors. This is 64% above median its historical median of 0.42. According to the industry distribution chart, Byhmgard AB ranks #267 out of 1025 companies in the Oil & Gas industry, placing it in the top 26%.
Is Byhmgard AB's Equity-to-Asset too high?
Byhmgard AB's current Equity-to-Asset of 0.69 is 64% above median its 10-year median of 0.42. The Oil & Gas industry median Equity-to-Asset is 0.49. Byhmgard AB's value of 0.69 is 40.8% above this industry median. Based on the distribution chart, Byhmgard AB ranks #267 out of 1025 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, Byhmgard AB has a GF Score™ of 26/100, reflecting its overall financial health beyond just this single metric.
How does Byhmgard AB's Equity-to-Asset compare to WMB and EPD?
According to the Oil & Gas industry distribution chart, Byhmgard AB ranks #267 out of 1025 companies for Equity-to-Asset. This puts Byhmgard AB in the upper half of its industry. The industry median Equity-to-Asset is 0.49. Byhmgard AB's value of 0.69 is 40.8% above this benchmark. While the company's 10-year median is 0.42 vs. the industry median of 0.49, Byhmgard 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 Oil & Gas company?
The median Equity-to-Asset among Oil & Gas companies is 0.49, based on 1,025 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. Byhmgard AB's current Equity-to-Asset of 0.69 is 40.8% 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 Byhmgard AB and its competitors. For the Oil & Gas 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. Byhmgard AB's current Equity-to-Asset is 0.69, which is 64% above median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Byhmgard AB stock overvalued right now?
Byhmgard AB (NGM:BESS) has a current Equity-to-Asset of 0.69. The current Equity-to-Asset is 0.69, which is 64% above median its 10-year median of 0.42 and 40.8% above the Oil & Gas industry median of 0.49. Byhmgard AB's overall GF Score™ is 26/100 with 5 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 Byhmgard AB (NGM:BESS), the current Equity-to-Asset is 0.69 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.
Byhmgard AB develops, builds and invests in large-scale energy storage (BESS) projects in Europe. The business includes project development, EPC, software optimization and long-term operation. It aims to deliver critical energy solutions that enable Europe's green transition and strengthen the future energy infrastructure. The business model combines one-off revenues from EPC with recurring cash flows from energy management, operations, and support. Its operations span high-growth European markets including Sweden, Finland, Italy, Poland, and the Baltic states.
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