Kvix AB (NGM:KVIX) Equity-to-Asset: 0.23 (As of Mar. 2026) — 44% Below Median

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Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NGM:KVIX Kvix AB NGM:KVIX
67 GF Score
Price kr1.56
GF Value kr2.46
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is Kvix AB Equity-to-Asset?

Kvix AB NGM:KVIX -9.30% 67 Equity-to-Asset is 0.23 as of Mar. 2026, which is 44% below its 10-year median of 0.41. GuruFocus rates NGM:KVIX with a GF Score™ of 67/100 and a GF Value™ of kr2.46 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 2,892 Software companies, Kvix AB ranks worse than 82.43% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Kvix AB's Total Stockholders Equity for the quarter that ended in Mar. 2026 was kr2.19 Mil. Kvix AB's Total Assets for the quarter that ended in Mar. 2026 was kr9.55 Mil. Therefore, Kvix AB's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.23.

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

NGM:KVIX' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.21   Med: 0.41   Max: 0.9
Current: 0.23

During the past 7 years, the highest Equity to Asset Ratio of Kvix AB was 0.90. The lowest was 0.21. And the median was 0.41.

NGM:KVIX's Equity-to-Asset is ranked worse than
82.43% of 2892 companies
in the Software industry
Industry Median: 0.56 vs NGM:KVIX: 0.23

Kvix AB  (NGM:KVIX) 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%.


Kvix AB Equity-to-Asset Related Terms


Kvix AB Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Kvix 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.

Kvix AB Equity-to-Asset Chart

Kvix AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial 0.83 0.41 0.46 0.32 0.21

Kvix AB Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.37 0.41 0.30 0.21 0.23

NGM:KVIX vs QH, SHOP, UBER: Equity-to-Asset Comparison

For the Software - Application subindustry, Kvix 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.


Kvix AB Equity-to-Asset vs Software Industry

For the Software industry and Technology sector, Kvix AB's Equity-to-Asset distribution charts can be found below:

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


NGM:KVIX
67GF Score
Kvix AB NGM:KVIX
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kvix AB 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.

Kvix AB's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=1.953/9.219
=0.21

Kvix AB's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=2.185/9.549
=0.23

* 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 0.23 mean?
Kvix AB (NGM:KVIX) has a Equity-to-Asset of 0.23 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Kvix AB and its competitors. This is 44% below median its historical median of 0.41. Over the past decade, Kvix AB's Equity-to-Asset has ranged from 0.21 to 0.90. According to the industry distribution chart, Kvix AB ranks #2384 out of 2892 companies in the Software industry, placing it in the top 82.4%.
Is Kvix AB's Equity-to-Asset too high?
Kvix AB's current Equity-to-Asset of 0.23 is 44% below median its 10-year median of 0.41. Over the past 10 years, this metric has ranged from a low of 0.21 to a high of 0.90. The Software industry median Equity-to-Asset is 0.56. Kvix AB's value of 0.23 is 58.9% below this industry median. Based on the distribution chart, Kvix AB ranks #2384 out of 2892 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Kvix AB has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Kvix AB's Equity-to-Asset compare to QH and SHOP?
According to the Software industry distribution chart, Kvix AB ranks #2384 out of 2892 companies for Equity-to-Asset. This places Kvix AB in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Kvix AB's value of 0.23 is 58.9% below this benchmark. Historically, Kvix AB's own Equity-to-Asset has ranged from 0.21 to 0.90 over the past decade. While the company's 10-year median is 0.41 vs. the industry median of 0.56, Kvix AB 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 Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,892 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. Kvix AB's current Equity-to-Asset of 0.23 is 58.9% 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 Kvix AB and its competitors. For the Software industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kvix AB's current Equity-to-Asset is 0.23, which is 44% below median its own 10-year median of 0.41. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kvix AB stock overvalued right now?
Based on GuruFocus' analysis, Kvix AB (NGM:KVIX) is currently considered Possible Value Trap. The stock's GF Value™ is kr2.46, compared to a current price of kr1.56 — trading 36.6% below its estimated fair value. The current Equity-to-Asset is 0.23, which is 44% below median its 10-year median of 0.41 and 58.9% below the Software industry median of 0.56. Kvix AB's overall GF Score™ is 67/100 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 Kvix AB (NGM:KVIX), the current Equity-to-Asset is 0.23 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 Kvix AB (NGM:KVIX) Overvalued in 2026?

Based on GuruFocus' analysis, Kvix AB stock appears to be undervalued. The current stock price of kr1.56 is trading 36.6% below its estimated GF Value™ of kr2.46. GuruFocus considers Kvix AB to be Possible Value Trap.

Key valuation signals for NGM:KVIX:

  • Equity-to-Asset: 0.23 (44% below median its 10-year median of 0.41)
  • GF Value™: kr2.46 vs. price of kr1.56 (36.6% below fair value)
  • GF Score™: 67/100 with 1 warning sign
  • Industry Position: 58.9% below the Software median (#2384 of 2892)

No single metric tells the full story. See the NGM:KVIX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Kvix AB Business Description

Address Fredsgatan 17, Umea, SWE, 903 47
Kvix AB is engaged in providing a platform for well-being through exercise - from yoga to strength training, breathing and mindfulness. It assists in finding balance in live workouts with others and monitoring the training journey. It also allows to interact with instructors and get live feedback if the users choose to share their camera image.
67GF Score

Get the complete analysis for NGM:KVIX

Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr1.56
Price
kr2.46
GF Value