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2 Cheap Cars GroupNZSE:2CC -1.22%55 Equity-to-Asset is 0.61 as of Mar. 2026, which is 7% above its 10-year median of 0.57. GuruFocus rates NZSE:2CC with a GF Score™ of 55/100 and a GF Value™ of NZ$0.71 (Modestly Overvalued). The stock has 5 warning signs investors should review. Among 1,335 Vehicles & Parts companies, 2 Cheap Cars Group ranks better than 70.86% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. 2 Cheap Cars Group's Total Stockholders Equity for the quarter that ended in Mar. 2026 was NZ$22.15 Mil. 2 Cheap Cars Group's Total Assets for the quarter that ended in Mar. 2026 was NZ$36.35 Mil.
Therefore, 2 Cheap Cars Group's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.61.
The historical rank and industry rank for 2 Cheap Cars Group's Equity-to-Asset or its related term are showing as below:
NZSE:2CC'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.4 Med: 0.57 Max: 0.62
Current: 0.61
During the past 6 years, the highest Equity to Asset Ratio of 2 Cheap Cars Group was 0.62. The lowest was 0.40. And the median was 0.57.
NZSE:2CC's Equity-to-Asset is ranked better than 70.86% of 1335
companies
in the Vehicles & Parts industry
Industry Median: 0.49
vs NZSE:2CC: 0.61
2 Cheap Cars Group (NZSE:2CC) 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%.
2 Cheap Cars Group Equity-to-Asset Related Terms
2 Cheap Cars Group Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for 2 Cheap Cars Group'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.
NZSE:2CC vs CVNA, PAG, KMX: Equity-to-Asset Comparison
For the Auto & Truck Dealerships subindustry, 2 Cheap Cars Group'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.
2 Cheap Cars Group Equity-to-Asset vs Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, 2 Cheap Cars Group's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where 2 Cheap Cars Group'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.
2 Cheap Cars Group'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.
2 Cheap Cars Group (NZSE:2CC) has a Equity-to-Asset of 0.61 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on 2 Cheap Cars Group and its competitors. This is near median its historical median of 0.57. Over the past decade, 2 Cheap Cars Group's Equity-to-Asset has ranged from 0.40 to 0.62. According to the industry distribution chart, 2 Cheap Cars Group ranks #389 out of 1335 companies in the Vehicles & Parts industry, placing it in the top 29.1%.
Is 2 Cheap Cars Group's Equity-to-Asset too high?
2 Cheap Cars Group's current Equity-to-Asset of 0.61 is near median its 10-year median of 0.57. Over the past 10 years, this metric has ranged from a low of 0.40 to a high of 0.62. The Vehicles & Parts industry median Equity-to-Asset is 0.49. 2 Cheap Cars Group's value of 0.61 is 24.5% above this industry median. Based on the distribution chart, 2 Cheap Cars Group ranks #389 out of 1335 companies in the Vehicles & Parts industry, which is above the industry midpoint. Overall, 2 Cheap Cars Group has a GF Score™ of 55/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does 2 Cheap Cars Group's Equity-to-Asset compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, 2 Cheap Cars Group ranks #389 out of 1335 companies for Equity-to-Asset. This puts 2 Cheap Cars Group in the upper half of its industry. The industry median Equity-to-Asset is 0.49. 2 Cheap Cars Group's value of 0.61 is 24.5% above this benchmark. Historically, 2 Cheap Cars Group's own Equity-to-Asset has ranged from 0.40 to 0.62 over the past decade. While the company's 10-year median is 0.57 vs. the industry median of 0.49, 2 Cheap Cars Group 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 Vehicles & Parts company?
The median Equity-to-Asset among Vehicles & Parts companies is 0.49, based on 1,335 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. 2 Cheap Cars Group's current Equity-to-Asset of 0.61 is 24.5% 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 2 Cheap Cars Group and its competitors. For the Vehicles & Parts 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. 2 Cheap Cars Group's current Equity-to-Asset is 0.61, which is near median its own 10-year median of 0.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is 2 Cheap Cars Group stock overvalued right now?
Based on GuruFocus' analysis, 2 Cheap Cars Group (NZSE:2CC) is currently considered Modestly Overvalued. The stock's GF Value™ is NZ$0.71, compared to a current price of NZ$0.81 — trading 14.1% above its estimated fair value. The current Equity-to-Asset is 0.61, which is near median its 10-year median of 0.57 and 24.5% above the Vehicles & Parts industry median of 0.49. 2 Cheap Cars Group's overall GF Score™ is 55/100 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 2 Cheap Cars Group (NZSE:2CC), the current Equity-to-Asset is 0.61 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 2 Cheap Cars Group (NZSE:2CC) Overvalued in 2026?
Based on GuruFocus' analysis, 2 Cheap Cars Group stock appears to be overvalued.
The current stock price of NZ$0.81 is trading 14.1% above its estimated GF Value™ of NZ$0.71.
GuruFocus considers 2 Cheap Cars Group to be Modestly Overvalued.
Key valuation signals for NZSE:2CC:
Equity-to-Asset: 0.61 (near median its 10-year median of 0.57)
GF Value™: NZ$0.71 vs. price of NZ$0.81 (14.1% above fair value)
Industry Position: 24.5% above the Vehicles & Parts median (#389 of 1335)
No single metric tells the full story. See the NZSE:2CC stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The group draws revenue from the two divisions: automotive retail division, revenue is derived from the sale of vehicles and from agent commissions relating to third-party finance and insurance products.
55GF Score
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