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Oceanic Wind EnergyNKWFF Equity-to-Asset is 0.53 as of Jun. 2026. The stock has 2 warning signs investors should review. Among 450 Utilities - Independent Power Producers companies, Oceanic Wind Energy ranks better than 69.78% on this metric.
Oceanic Wind Energy (OTCPK:NKWFF) 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%.
Oceanic Wind Energy Equity-to-Asset Related Terms
Oceanic Wind Energy Equity-to-Asset Historical Data
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The historical data trend for Oceanic Wind Energy'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.
Oceanic Wind Energy Equity-to-Asset Competitor Comparison
For the Utilities - Renewable subindustry, Oceanic Wind Energy'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.
Oceanic Wind Energy Equity-to-Asset vs Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Oceanic Wind Energy's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Oceanic Wind Energy'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.
Oceanic Wind Energy's Equity to Asset Ratio for the fiscal year that ended in Sep. 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.
Oceanic Wind Energy (NKWFF) has a Equity-to-Asset of 0.53 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Oceanic Wind Energy and its competitors. According to the industry distribution chart, Oceanic Wind Energy ranks #136 out of 450 companies in the Utilities - Independent Power Producers industry, placing it in the top 30.2%.
Is Oceanic Wind Energy's Equity-to-Asset too high?
Oceanic Wind Energy's current Equity-to-Asset is 0.53. The Utilities - Independent Power Producers industry median Equity-to-Asset is 0.41. Oceanic Wind Energy's value of 0.53 is 29.3% above this industry median. Based on the distribution chart, Oceanic Wind Energy ranks #136 out of 450 companies in the Utilities - Independent Power Producers industry, which is above the industry midpoint.
How does Oceanic Wind Energy's Equity-to-Asset compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Oceanic Wind Energy ranks #136 out of 450 companies for Equity-to-Asset. This puts Oceanic Wind Energy in the upper half of its industry. The industry median Equity-to-Asset is 0.41. Oceanic Wind Energy's value of 0.53 is 29.3% above this benchmark. 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 Utilities - Independent Power Producers company?
The median Equity-to-Asset among Utilities - Independent Power Producers companies is 0.41, based on 450 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. Oceanic Wind Energy's current Equity-to-Asset of 0.53 is 29.3% 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 Oceanic Wind Energy and its competitors. For the Utilities - Independent Power Producers 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. Oceanic Wind Energy's current Equity-to-Asset is 0.53. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceanic Wind Energy stock overvalued right now?
Oceanic Wind Energy (NKWFF) has a current Equity-to-Asset of 0.53. The current Equity-to-Asset is 0.53 and 29.3% above the Utilities - Independent Power Producers industry median of 0.41. 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 Oceanic Wind Energy (NKWFF), the current Equity-to-Asset is 0.53 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.
Oceanic Wind Energy Inc is engaged in the development of renewable energy projects. The company is developing an offshore wind project on the north coast of British Columbia in Hecate Strait.
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