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Onward Holdings CoOKASY 75 Equity-to-Asset is 0.50 as of Feb. 2026, which is 6% above its 10-year median of 0.47. GuruFocus rates OKASY with a GF Score™ of 75/100 and a GF Value™ of $44.36. The stock has 4 warning signs investors should review. Among 1,062 Manufacturing - Apparel & Accessories companies, Onward Holdings Co ranks worse than 54.43% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Onward Holdings Co's Total Stockholders Equity for the quarter that ended in Feb. 2026 was $603 Mil. Onward Holdings Co's Total Assets for the quarter that ended in Feb. 2026 was $1,220 Mil.
Therefore, Onward Holdings Co's Equity to Asset Ratio for the quarter that ended in Feb. 2026 was 0.50.
The historical rank and industry rank for Onward Holdings Co's Equity-to-Asset or its related term are showing as below:
OKASY'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.29 Med: 0.47 Max: 0.6
Current: 0.51
During the past 13 years, the highest Equity to Asset Ratio of Onward Holdings Co was 0.60. The lowest was 0.29. And the median was 0.47.
Onward Holdings Co (OTCPK:OKASY) 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%.
Onward Holdings Co Equity-to-Asset Related Terms
Onward Holdings Co Equity-to-Asset Historical Data
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The historical data trend for Onward Holdings Co'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.
OKASY vs RL, LEVI, VFC: Equity-to-Asset Comparison
For the Apparel Manufacturing subindustry, Onward Holdings Co'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.
Onward Holdings Co Equity-to-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Onward Holdings Co's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Onward Holdings Co'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.
Onward Holdings Co's Equity to Asset Ratio for the fiscal year that ended in Feb. 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.
Onward Holdings Co (OKASY) has a Equity-to-Asset of 0.50 as of Feb. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Onward Holdings Co and its competitors. This is near median its historical median of 0.47. Over the past decade, Onward Holdings Co's Equity-to-Asset has ranged from 0.29 to 0.60. According to the industry distribution chart, Onward Holdings Co ranks #578 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 54.4%.
Is Onward Holdings Co's Equity-to-Asset too high?
Onward Holdings Co's current Equity-to-Asset of 0.50 is near median its 10-year median of 0.47. Over the past 10 years, this metric has ranged from a low of 0.29 to a high of 0.60. The Manufacturing - Apparel & Accessories industry median Equity-to-Asset is 0.55. Onward Holdings Co's value of 0.50 is 9.1% below this industry median. Based on the distribution chart, Onward Holdings Co ranks #578 out of 1062 companies in the Manufacturing - Apparel & Accessories industry, which is below the industry midpoint. Overall, Onward Holdings Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Onward Holdings Co's Equity-to-Asset compare to RL and LEVI?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Onward Holdings Co ranks #578 out of 1062 companies for Equity-to-Asset. This places Onward Holdings Co in the lower half of its industry. The industry median Equity-to-Asset is 0.55. Onward Holdings Co's value of 0.50 is 9.1% below this benchmark. Historically, Onward Holdings Co's own Equity-to-Asset has ranged from 0.29 to 0.60 over the past decade. While the company's 10-year median is 0.47 vs. the industry median of 0.55, Onward Holdings Co 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 Manufacturing - Apparel & Accessories company?
The median Equity-to-Asset among Manufacturing - Apparel & Accessories companies is 0.55, based on 1,062 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. Onward Holdings Co's current Equity-to-Asset of 0.50 is 9.1% 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 Onward Holdings Co and its competitors. For the Manufacturing - Apparel & Accessories industry, the median Equity-to-Asset is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Onward Holdings Co's current Equity-to-Asset is 0.50, which is near median its own 10-year median of 0.47. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Onward Holdings Co stock overvalued right now?
Onward Holdings Co (OKASY) has a current Equity-to-Asset of 0.50. The stock's GF Value™ is $44.36, compared to a current price of $50.00 — trading 12.7% above its estimated fair value. The current Equity-to-Asset is 0.50, which is near median its 10-year median of 0.47 and 9.1% below the Manufacturing - Apparel & Accessories industry median of 0.55. Onward Holdings Co's overall GF Score™ is 75/100 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 Onward Holdings Co (OKASY), the current Equity-to-Asset is 0.50 as of Feb. 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 Onward Holdings Co (OKASY) Overvalued in 2026?
Based on GuruFocus' analysis, Onward Holdings Co stock appears to be overvalued.
The current stock price of $50.00 is trading 12.7% above its estimated GF Value™ of $44.36.
Key valuation signals for OKASY:
Equity-to-Asset: 0.50 (near median its 10-year median of 0.47)
GF Value™: $44.36 vs. price of $50.00 (12.7% above fair value)
Industry Position: 9.1% below the Manufacturing - Apparel & Accessories median (#578 of 1062)
No single metric tells the full story. See the OKASY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Onward Holdings Co Ltd manufactures and sells clothing, shoes, uniforms, bags, and other items. Women's clothing sales account for the majority of Onward's apparel revenue. The company's core brands include Nijyusanku, Kumikyoku, ICB, Jiyuku, J.Press, and Gotairiku. More than three-fourths of Onward's sales are through department stores. Remaining sales are through other retailers, directly managed stores, and e-commerce. More than three-fourths of Onward's sales are in Japan, and the majority of the company's remaining sales are in Europe. The company manufactures its products mainly in China.
75GF Score
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