NovitaWAR:NVT -0.47%77 Equity-to-Asset is 0.71 as of Mar. 2026, which is 5% below its 10-year median of 0.75. GuruFocus rates WAR:NVT with a GF Score™ of 77/100 and a GF Value™ of zł98.40 (Fairly Valued). The stock has 5 warning signs investors should review. Among 1,069 Manufacturing - Apparel & Accessories companies, Novita ranks better than 74.18% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Novita's Total Stockholders Equity for the quarter that ended in Mar. 2026 was zł127.3 Mil. Novita's Total Assets for the quarter that ended in Mar. 2026 was zł179.6 Mil.
Therefore, Novita's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.71.
The historical rank and industry rank for Novita's Equity-to-Asset or its related term are showing as below:
WAR:NVT'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.62 Med: 0.75 Max: 0.88
Current: 0.71
During the past 13 years, the highest Equity to Asset Ratio of Novita was 0.88. The lowest was 0.62. And the median was 0.75.
WAR:NVT's Equity-to-Asset is ranked better than 74.18% of 1069
companies
in the Manufacturing - Apparel & Accessories industry
Industry Median: 0.55
vs WAR:NVT: 0.71
Novita (WAR:NVT) 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%.
Novita Equity-to-Asset Related Terms
Novita Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Novita'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 Textile Manufacturing subindustry, Novita'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.
Novita Equity-to-Asset vs Manufacturing - Apparel & Accessories Industry
For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Novita's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Novita'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.
Novita'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.
Novita (WAR:NVT) has a Equity-to-Asset of 0.71 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Novita and its competitors. This is near median its historical median of 0.75. Over the past decade, Novita's Equity-to-Asset has ranged from 0.62 to 0.88. According to the industry distribution chart, Novita ranks #276 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, placing it in the top 25.8%.
Is Novita's Equity-to-Asset too high?
Novita's current Equity-to-Asset of 0.71 is near median its 10-year median of 0.75. Over the past 10 years, this metric has ranged from a low of 0.62 to a high of 0.88. The Manufacturing - Apparel & Accessories industry median Equity-to-Asset is 0.55. Novita's value of 0.71 is 29.1% above this industry median. Based on the distribution chart, Novita ranks #276 out of 1069 companies in the Manufacturing - Apparel & Accessories industry, which is above the industry midpoint. Overall, Novita has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Novita's Equity-to-Asset compare to AIN?
According to the Manufacturing - Apparel & Accessories industry distribution chart, Novita ranks #276 out of 1069 companies for Equity-to-Asset. This puts Novita in the upper half of its industry. The industry median Equity-to-Asset is 0.55. Novita's value of 0.71 is 29.1% above this benchmark. Historically, Novita's own Equity-to-Asset has ranged from 0.62 to 0.88 over the past decade. While the company's 10-year median is 0.75 vs. the industry median of 0.55, Novita has consistently been above 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 1,069 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. Novita's current Equity-to-Asset of 0.71 is 29.1% above 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 Novita 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. Novita's current Equity-to-Asset is 0.71, which is near median its own 10-year median of 0.75. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Novita stock overvalued right now?
Based on GuruFocus' analysis, Novita (WAR:NVT) is currently considered Fairly Valued. The stock's GF Value™ is zł98.40, compared to a current price of zł107.00 — trading 8.7% above its estimated fair value. The current Equity-to-Asset is 0.71, which is near median its 10-year median of 0.75 and 29.1% above the Manufacturing - Apparel & Accessories industry median of 0.55. Novita's overall GF Score™ is 77/100 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 Novita (WAR:NVT), the current Equity-to-Asset is 0.71 as of Mar. 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 Novita (WAR:NVT) Overvalued in 2026?
Based on GuruFocus' analysis, Novita stock appears to be overvalued.
The current stock price of zł107.00 is trading 8.7% above its estimated GF Value™ of zł98.40.
GuruFocus considers Novita to be Fairly Valued.
Key valuation signals for WAR:NVT:
Equity-to-Asset: 0.71 (near median its 10-year median of 0.75)
GF Value™: zł98.40 vs. price of zł107.00 (8.7% above fair value)
Industry Position: 29.1% above the Manufacturing - Apparel & Accessories median (#276 of 1069)
No single metric tells the full story. See the WAR:NVT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Novita SA is engaged in the manufacturing and sale of technical nonwovens in Poland. It offers needlepunched and spunlace nonwovens; medical and hygiene onwovens; and footwear and clothing nonwovens.
77GF Score
Get the complete analysis for WAR:NVT
Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
WAR:NVT has been successfully added to your 
