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Canadian Large Cap Leaders SplitTSX:NPS -0.40%21 Equity-to-Asset is 0.59 as of Dec. 2025, which is at its 10-year median of 0.59. GuruFocus rates TSX:NPS with a GF Score™ of 21/100. The stock has 1 warning sign investors should review. Among 1,617 Asset Management companies, Canadian Large Cap Leaders Split ranks worse than 75.26% on this metric.
Canadian Large Cap Leaders Split (TSX:NPS) 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%.
Canadian Large Cap Leaders Split Equity-to-Asset Related Terms
Canadian Large Cap Leaders Split 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.
Canadian Large Cap Leaders Split Equity-to-Asset Chart
Canadian Large Cap Leaders Split Annual Data
Trend
Dec24
Dec25
Equity-to-Asset
0.59
0.59
Canadian Large Cap Leaders Split Semi-Annual Data
Dec24
Jun25
Dec25
Equity-to-Asset
0.59
0.56
0.59
TSX:NPS vs BLK, BX, KKR: Equity-to-Asset Comparison
For the Asset Management subindustry, Canadian Large Cap Leaders Split'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.
Canadian Large Cap Leaders Split Equity-to-Asset vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Canadian Large Cap Leaders Split's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Canadian Large Cap Leaders Split's Equity-to-Asset falls into.
Canadian Large Cap Leaders Split 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.
* 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.
Canadian Large Cap Leaders Split (TSX:NPS) has a Equity-to-Asset of 0.59 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Canadian Large Cap Leaders Split and its competitors. This is near median its historical median of 0.59. Over the past decade, Canadian Large Cap Leaders Split's Equity-to-Asset has ranged from 0.59 to 0.59. According to the industry distribution chart, Canadian Large Cap Leaders Split ranks #1217 out of 1617 companies in the Asset Management industry, placing it in the top 75.3%.
Is Canadian Large Cap Leaders Split's Equity-to-Asset too high?
Canadian Large Cap Leaders Split's current Equity-to-Asset of 0.59 is near median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.59 to a high of 0.59. The Asset Management industry median Equity-to-Asset is 0.83. Canadian Large Cap Leaders Split's value of 0.59 is 28.9% below this industry median. Based on the distribution chart, Canadian Large Cap Leaders Split ranks #1217 out of 1617 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Canadian Large Cap Leaders Split has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Canadian Large Cap Leaders Split's Equity-to-Asset compare to BLK and BX?
According to the Asset Management industry distribution chart, Canadian Large Cap Leaders Split ranks #1217 out of 1617 companies for Equity-to-Asset. This places Canadian Large Cap Leaders Split in the lower half of its industry. The industry median Equity-to-Asset is 0.83. Canadian Large Cap Leaders Split's value of 0.59 is 28.9% below this benchmark. Historically, Canadian Large Cap Leaders Split's own Equity-to-Asset has ranged from 0.59 to 0.59 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.83, Canadian Large Cap Leaders Split 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 an Asset Management company?
The median Equity-to-Asset among Asset Management companies is 0.83, based on 1,617 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. Canadian Large Cap Leaders Split's current Equity-to-Asset of 0.59 is 28.9% 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 Canadian Large Cap Leaders Split and its competitors. For the Asset Management industry, the median Equity-to-Asset is 0.83 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Canadian Large Cap Leaders Split's current Equity-to-Asset is 0.59, which is near median its own 10-year median of 0.59. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canadian Large Cap Leaders Split stock overvalued right now?
Canadian Large Cap Leaders Split (TSX:NPS) has a current Equity-to-Asset of 0.59. The current Equity-to-Asset is 0.59, which is near median its 10-year median of 0.59 and 28.9% below the Asset Management industry median of 0.83. Canadian Large Cap Leaders Split's overall GF Score™ is 21/100 with 1 warning sign 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 Canadian Large Cap Leaders Split (TSX:NPS), the current Equity-to-Asset is 0.59 as of Dec. 2025. 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.
Canadian Large Cap Leaders Split Corp is a mutual fund corporation. The company will be amended prior to closing to create the Preferred Shares and the Class A Shares. The investment objectives for the Preferred Shares are to provide their holders with fixed cumulative preferential quarterly cash distributions and the investment objectives for the Class A Shares are to provide their holders with regular monthly noncumulative cash distributions.
21GF Score
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