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Next Biometrics Group ASA (OSTO:NEXTo) 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%.
Next Biometrics Group ASA Equity-to-Asset Related Terms
Next Biometrics Group ASA Equity-to-Asset Historical Data
* 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.
OSTO:NEXTO vs GRMN, COHR, KEYS: Equity-to-Asset Comparison
For the Scientific & Technical Instruments subindustry, Next Biometrics Group 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.
Next Biometrics Group ASA Equity-to-Asset vs Hardware Industry
For the Hardware industry and Technology sector, Next Biometrics Group ASA's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Next Biometrics Group ASA's Equity-to-Asset falls into.
Next Biometrics Group 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.
Next Biometrics Group ASA'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.
Next Biometrics Group ASA (OSTO:NEXTO) has a Equity-to-Asset of 0.24 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Next Biometrics Group ASA and its competitors. This is 70% below median its historical median of 0.79. According to the industry distribution chart, Next Biometrics Group ASA ranks #2208 out of 2492 companies in the Hardware industry, placing it in the top 88.6%.
Is Next Biometrics Group ASA's Equity-to-Asset too high?
Next Biometrics Group ASA's current Equity-to-Asset of 0.24 is 70% below median its 10-year median of 0.79. The Hardware industry median Equity-to-Asset is 0.56. Next Biometrics Group ASA's value of 0.24 is 57.1% below this industry median. Based on the distribution chart, Next Biometrics Group ASA ranks #2208 out of 2492 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, Next Biometrics Group ASA has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Next Biometrics Group ASA's Equity-to-Asset compare to GRMN and COHR?
According to the Hardware industry distribution chart, Next Biometrics Group ASA ranks #2208 out of 2492 companies for Equity-to-Asset. This places Next Biometrics Group ASA in the lower half of its industry. The industry median Equity-to-Asset is 0.56. Next Biometrics Group ASA's value of 0.24 is 57.1% below this benchmark. While the company's 10-year median is 0.79 vs. the industry median of 0.56, Next Biometrics Group 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 Hardware company?
The median Equity-to-Asset among Hardware companies is 0.56, based on 2,492 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. Next Biometrics Group ASA's current Equity-to-Asset of 0.24 is 57.1% 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 Next Biometrics Group ASA and its competitors. For the Hardware 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. Next Biometrics Group ASA's current Equity-to-Asset is 0.24, which is 70% below median its own 10-year median of 0.79. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Biometrics Group ASA stock overvalued right now?
Next Biometrics Group ASA (OSTO:NEXTO) has a current Equity-to-Asset of 0.24. The stock's GF Value™ is kr108.05, compared to a current price of kr9.64 — trading 91.1% below its estimated fair value. The current Equity-to-Asset is 0.24, which is 70% below median its 10-year median of 0.79 and 57.1% below the Hardware industry median of 0.56. Next Biometrics Group ASA's overall GF Score™ is 42/100 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 Next Biometrics Group ASA (OSTO:NEXTO), the current Equity-to-Asset is 0.24 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 Next Biometrics Group ASA (OSTO:NEXTO) Overvalued in 2026?
Based on GuruFocus' analysis, Next Biometrics Group ASA stock appears to be undervalued.
The current stock price of kr9.64 is trading 91.1% below its estimated GF Value™ of kr108.05.
Key valuation signals for OSTO:NEXTO:
Equity-to-Asset: 0.24 (70% below median its 10-year median of 0.79)
GF Value™: kr108.05 vs. price of kr9.64 (91.1% below fair value)
Industry Position: 57.1% below the Hardware median (#2208 of 2492)
No single metric tells the full story. See the OSTO:NEXTO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Next Biometrics Group ASA provides fingerprint sensor technology and products. The company's products are utilized for Smart Card, Government ID, Access control, Notebook, and others. The company's products include smart card solutions, fingerprint sensor modules, fingerprint readers, Aadhar products, Software DevKits, and Hardware DevKits. The company has one operating segment namely; Fingerprint sensor Technology. The company's Geographic customer base consists of Asia (Japan and India), Europe (France and Germany) and North America.
42GF Score
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