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Nowonomics ABNGM:NOWO +1.94%56 Equity-to-Asset is 0.52 as of Jun. 2026, which is 24% above its 10-year median of 0.42. GuruFocus rates NGM:NOWO with a GF Score™ of 56/100 and a GF Value™ of kr8.07 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,894 Software companies, Nowonomics AB ranks worse than 54.25% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nowonomics AB's Total Stockholders Equity for the quarter that ended in Jun. 2026 was kr15.80 Mil. Nowonomics AB's Total Assets for the quarter that ended in Jun. 2026 was kr30.40 Mil.
Therefore, Nowonomics AB's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.52.
The historical rank and industry rank for Nowonomics AB's Equity-to-Asset or its related term are showing as below:
NGM:NOWO'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.02 Med: 0.42 Max: 0.8
Current: 0.52
During the past 7 years, the highest Equity to Asset Ratio of Nowonomics AB was 0.80. The lowest was 0.02. And the median was 0.42.
NGM:NOWO's Equity-to-Asset is ranked worse than 54.25% of 2894
companies
in the Software industry
Industry Median: 0.555
vs NGM:NOWO: 0.52
Nowonomics AB (NGM:NOWO) 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%.
Nowonomics AB Equity-to-Asset Related Terms
Nowonomics AB Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Nowonomics 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:NOWO vs QH, SHOP, UBER: Equity-to-Asset Comparison
For the Software - Application subindustry, Nowonomics 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.
Nowonomics AB Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, Nowonomics AB's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nowonomics 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.
Nowonomics 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.
Nowonomics AB (NGM:NOWO) has a Equity-to-Asset of 0.52 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nowonomics AB and its competitors. This is 24% above median its historical median of 0.42. Over the past decade, Nowonomics AB's Equity-to-Asset has ranged from 0.02 to 0.80. According to the industry distribution chart, Nowonomics AB ranks #1570 out of 2894 companies in the Software industry, placing it in the top 54.3%.
Is Nowonomics AB's Equity-to-Asset too high?
Nowonomics AB's current Equity-to-Asset of 0.52 is 24% above median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.80. The Software industry median Equity-to-Asset is 0.56. Nowonomics AB's value of 0.52 is 6.3% below this industry median. Based on the distribution chart, Nowonomics AB ranks #1570 out of 2894 companies in the Software industry, which is below the industry midpoint. Overall, Nowonomics AB has a GF Score™ of 56/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Nowonomics AB's Equity-to-Asset compare to QH and SHOP?
According to the Software industry distribution chart, Nowonomics AB ranks #1570 out of 2894 companies for Equity-to-Asset. This places Nowonomics AB in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Nowonomics AB's value of 0.52 is 6.3% below this benchmark. Historically, Nowonomics AB's own Equity-to-Asset has ranged from 0.02 to 0.80 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.56, Nowonomics 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 2,894 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. Nowonomics AB's current Equity-to-Asset of 0.52 is 6.3% 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 Nowonomics 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. Nowonomics AB's current Equity-to-Asset is 0.52, which is 24% 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 Nowonomics AB stock overvalued right now?
Based on GuruFocus' analysis, Nowonomics AB (NGM:NOWO) is currently considered Possible Value Trap. The stock's GF Value™ is kr8.07, compared to a current price of kr5.25 — trading 34.9% below its estimated fair value. The current Equity-to-Asset is 0.52, which is 24% above median its 10-year median of 0.42 and 6.3% below the Software industry median of 0.56. Nowonomics AB's overall GF Score™ is 56/100 with 4 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 Nowonomics AB (NGM:NOWO), the current Equity-to-Asset is 0.52 as of Jun. 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 Nowonomics AB (NGM:NOWO) Overvalued in 2026?
Based on GuruFocus' analysis, Nowonomics AB stock appears to be undervalued.
The current stock price of kr5.25 is trading 34.9% below its estimated GF Value™ of kr8.07.
GuruFocus considers Nowonomics AB to be Possible Value Trap.
Key valuation signals for NGM:NOWO:
Equity-to-Asset: 0.52 (24% above median its 10-year median of 0.42)
GF Value™: kr8.07 vs. price of kr5.25 (34.9% below fair value)
Industry Position: 6.3% below the Software median (#1570 of 2894)
No single metric tells the full story. See the NGM:NOWO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nowonomics AB is a savings platform whose purpose is to help the user to manage the personal finances. It aims to promote savings before retirement and therefore develops its own tools and solutions together with partners to simplify, educate and help members to have a accessible financial solutions.
56GF Score
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