Zalaris ASA (OSL:ZAL) Equity-to-Asset: 0.16 (As of Jun. 2026) — 16% Below Median

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Director of Data and Quant Analytics at GuruFocus
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OSL:ZAL Zalaris ASA OSL:ZAL
89 GF Score
Price kr100.00
GF Value kr97.72
Valuation Fairly Valued
! 5 Warning Signs
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What is Zalaris ASA Equity-to-Asset?

Zalaris ASA OSL:ZAL -0.99% 89 Equity-to-Asset is 0.16 as of Jun. 2026, which is 16% below its 10-year median of 0.19. GuruFocus rates OSL:ZAL with a GF Score™ of 89/100 and a GF Value™ of kr97.72 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,092 Business Services companies, Zalaris ASA ranks worse than 89.38% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Zalaris ASA's Total Stockholders Equity for the quarter that ended in Jun. 2026 was kr205 Mil. Zalaris ASA's Total Assets for the quarter that ended in Jun. 2026 was kr1,244 Mil. Therefore, Zalaris ASA's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.16.

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

OSL:ZAL' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.12   Med: 0.19   Max: 0.57
Current: 0.17

During the past 13 years, the highest Equity to Asset Ratio of Zalaris ASA was 0.57. The lowest was 0.12. And the median was 0.19.

OSL:ZAL's Equity-to-Asset is ranked worse than
89.38% of 1092 companies
in the Business Services industry
Industry Median: 0.52 vs OSL:ZAL: 0.17

Zalaris ASA  (OSL:ZAL) 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%.


Zalaris ASA Equity-to-Asset Related Terms


Zalaris ASA Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Zalaris ASA'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.

Zalaris ASA Equity-to-Asset Chart

Zalaris ASA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.18 0.18 0.20 0.21

Zalaris ASA Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.20 0.20 0.21 0.23 0.16

OSL:ZAL vs RHI, KFY, TNET: Equity-to-Asset Comparison

For the Staffing & Employment Services subindustry, Zalaris ASA'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.


Zalaris ASA Equity-to-Asset vs Business Services Industry

For the Business Services industry and Industrials sector, Zalaris ASA's Equity-to-Asset distribution charts can be found below:

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


OSL:ZAL
89GF Score
Zalaris ASA OSL:ZAL
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Zalaris ASA 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.

Zalaris ASA'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
=277.15/1286.148
=0.22

Zalaris ASA's Equity to Asset Ratio for the quarter that ended in Jun. 2026 is calculated as

Equity to Asset (Q: Jun. 2026 )=Total Stockholders Equity/Total Assets
=205.426/1244.137
=0.17

* 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 0.16 mean?
Zalaris ASA (OSL:ZAL) has a Equity-to-Asset of 0.16 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Zalaris ASA and its competitors. This is 16% below median its historical median of 0.19. Over the past decade, Zalaris ASA's Equity-to-Asset has ranged from 0.12 to 0.57. According to the industry distribution chart, Zalaris ASA ranks #976 out of 1092 companies in the Business Services industry, placing it in the top 89.4%.
Is Zalaris ASA's Equity-to-Asset too high?
Zalaris ASA's current Equity-to-Asset of 0.16 is 16% below median its 10-year median of 0.19. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.57. The Business Services industry median Equity-to-Asset is 0.52. Zalaris ASA's value of 0.16 is 69.2% below this industry median. Based on the distribution chart, Zalaris ASA ranks #976 out of 1092 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Zalaris ASA has a GF Score™ of 89/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Zalaris ASA's Equity-to-Asset compare to RHI and KFY?
According to the Business Services industry distribution chart, Zalaris ASA ranks #976 out of 1092 companies for Equity-to-Asset. This places Zalaris ASA in the lower half of its industry. The industry median Equity-to-Asset is 0.52. Zalaris ASA's value of 0.16 is 69.2% below this benchmark. Historically, Zalaris ASA's own Equity-to-Asset has ranged from 0.12 to 0.57 over the past decade. While the company's 10-year median is 0.19 vs. the industry median of 0.52, Zalaris ASA 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 Business Services company?
The median Equity-to-Asset among Business Services companies is 0.52, based on 1,092 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. Zalaris ASA's current Equity-to-Asset of 0.16 is 69.2% 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 Zalaris ASA and its competitors. For the Business Services industry, the median Equity-to-Asset is 0.52 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Zalaris ASA's current Equity-to-Asset is 0.16, which is 16% below median its own 10-year median of 0.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zalaris ASA stock overvalued right now?
Based on GuruFocus' analysis, Zalaris ASA (OSL:ZAL) is currently considered Fairly Valued. The stock's GF Value™ is kr97.72, compared to a current price of kr100.00 — trading 2.3% above its estimated fair value. The current Equity-to-Asset is 0.16, which is 16% below median its 10-year median of 0.19 and 69.2% below the Business Services industry median of 0.52. Zalaris ASA's overall GF Score™ is 89/100 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 Zalaris ASA (OSL:ZAL), the current Equity-to-Asset is 0.16 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 Zalaris ASA (OSL:ZAL) Overvalued in 2026?

Based on GuruFocus' analysis, Zalaris ASA stock appears to be overvalued. The current stock price of kr100.00 is trading 2.3% above its estimated GF Value™ of kr97.72. GuruFocus considers Zalaris ASA to be Fairly Valued.

Key valuation signals for OSL:ZAL:

  • Equity-to-Asset: 0.16 (16% below median its 10-year median of 0.19)
  • GF Value™: kr97.72 vs. price of kr100.00 (2.3% above fair value)
  • GF Score™: 89/100 with 5 warning signs
  • Industry Position: 69.2% below the Business Services median (#976 of 1092)

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


Zalaris ASA Business Description

Address Hoffsveien 4, Oslo, NOR, NO-0275
Zalaris ASA is a company that offers outsourced personnel and payroll services. The company has two reportable segments: Managed Services and Zalaris Consulting. Managed Services include payroll and HR outsourcing services, cloud system solutions and services, and contribute to the majority of the revenue. The Zalaris Consulting segment includes the implementation of SAP HCM & Payroll and SuccessFactors, based on Zalaris templates, or implementation of customer-specific functionalities. Zalaris operates in Norway, Northern Europe, Central Europe, the UK, Ireland, and APAC.
89GF Score

Get the complete analysis for OSL:ZAL

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

kr100.00
Price
kr97.72
GF Value