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Thule Group ABTHLPF 77 Equity-to-Asset is 0.49 as of Jun. 2026, which is 6% below its 10-year median of 0.52. GuruFocus rates THLPF with a GF Score™ of 77/100 and a GF Value™ of $37.83. The stock has 4 warning signs investors should review. Among 857 Travel & Leisure companies, Thule Group AB ranks worse than 51.81% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Thule Group AB's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $803 Mil. Thule Group AB's Total Assets for the quarter that ended in Jun. 2026 was $1,640 Mil.
Therefore, Thule Group AB's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.49.
The historical rank and industry rank for Thule Group AB's Equity-to-Asset or its related term are showing as below:
THLPF'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.44 Med: 0.52 Max: 0.63
Current: 0.49
During the past 13 years, the highest Equity to Asset Ratio of Thule Group AB was 0.63. The lowest was 0.44. And the median was 0.52.
THLPF's Equity-to-Asset is ranked worse than 51.81% of 857
companies
in the Travel & Leisure industry
Industry Median: 0.51
vs THLPF: 0.49
Thule Group AB (OTCPK:THLPF) 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%.
Thule Group AB Equity-to-Asset Related Terms
Thule Group AB Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Thule Group AB'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.
For the Leisure subindustry, Thule Group AB'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.
Thule Group AB Equity-to-Asset vs Travel & Leisure Industry
For the Travel & Leisure industry and Consumer Cyclical sector, Thule Group AB's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Thule Group AB'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.
Thule Group AB'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.
Thule Group AB (THLPF) has a Equity-to-Asset of 0.49 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Thule Group AB and its competitors. This is near median its historical median of 0.52. Over the past decade, Thule Group AB's Equity-to-Asset has ranged from 0.44 to 0.63. According to the industry distribution chart, Thule Group AB ranks #444 out of 857 companies in the Travel & Leisure industry, placing it in the top 51.8%.
Is Thule Group AB's Equity-to-Asset too high?
Thule Group AB's current Equity-to-Asset of 0.49 is near median its 10-year median of 0.52. Over the past 10 years, this metric has ranged from a low of 0.44 to a high of 0.63. The Travel & Leisure industry median Equity-to-Asset is 0.51. Thule Group AB's value of 0.49 is 3.9% below this industry median. Based on the distribution chart, Thule Group AB ranks #444 out of 857 companies in the Travel & Leisure industry, which is below the industry midpoint. Overall, Thule Group AB has a GF Score™ of 77/100, reflecting its overall financial health beyond just this single metric.
How does Thule Group AB's Equity-to-Asset compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, Thule Group AB ranks #444 out of 857 companies for Equity-to-Asset. This places Thule Group AB in the lower half of its industry. The industry median Equity-to-Asset is 0.51. Thule Group AB's value of 0.49 is 3.9% below this benchmark. Historically, Thule Group AB's own Equity-to-Asset has ranged from 0.44 to 0.63 over the past decade. While the company's 10-year median is 0.52 vs. the industry median of 0.51, Thule Group AB 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 Travel & Leisure company?
The median Equity-to-Asset among Travel & Leisure companies is 0.51, based on 857 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. Thule Group AB's current Equity-to-Asset of 0.49 is 3.9% 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 Thule Group AB and its competitors. For the Travel & Leisure industry, the median Equity-to-Asset is 0.51 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thule Group AB's current Equity-to-Asset is 0.49, which is near median its own 10-year median of 0.52. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thule Group AB stock overvalued right now?
Thule Group AB (THLPF) has a current Equity-to-Asset of 0.49. The stock's GF Value™ is $37.83, compared to a current price of $26.82 — trading 29.1% below its estimated fair value. The current Equity-to-Asset is 0.49, which is near median its 10-year median of 0.52 and 3.9% below the Travel & Leisure industry median of 0.51. Thule Group AB's overall GF Score™ is 77/100 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 Thule Group AB (THLPF), the current Equity-to-Asset is 0.49 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 Thule Group AB (THLPF) Overvalued in 2026?
Based on GuruFocus' analysis, Thule Group AB stock appears to be undervalued.
The current stock price of $26.82 is trading 29.1% below its estimated GF Value™ of $37.83.
Key valuation signals for THLPF:
Equity-to-Asset: 0.49 (near median its 10-year median of 0.52)
GF Value™: $37.83 vs. price of $26.82 (29.1% below fair value)
Industry Position: 3.9% below the Travel & Leisure median (#444 of 857)
No single metric tells the full story. See the THLPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thule Group AB is a manufacturer of sports and outdoor products. It develops and manufactures premium products that facilitate an active outdoor life. Its product categories; Sport & Cargo Carriers (roof racks, roof boxes, and carriers for transporting cycling, water, and winter sports equipment, and rooftop tents mounted on a car), Juvenile & Pet Products (strollers, bike trailers, and child bike seats), RV Products (awnings, bike carriers and tents for RVs and caravans) and Packs, Bags & Luggage (hiking backpacks, luggage, and camera bags). It has two operating segments: Region Europe and ROW, and Region Americas. Geographic markets: Sweden, Other Nordic countries, Germany, Other Europe, the USA, Other North America, Central/South America, Asia/Pacific Rim, and the Rest of the world.
77GF Score
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