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Nova MSC BhdXKLS:0026 Equity-to-Asset is 0.68 as of Jun. 2026, which is 3% above its 10-year median of 0.66. The stock has 4 warning signs investors should review. Among 2,895 Software companies, Nova MSC Bhd ranks better than 71.74% on this metric.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Nova MSC Bhd's Total Stockholders Equity for the quarter that ended in Jun. 2026 was RM43.77 Mil. Nova MSC Bhd's Total Assets for the quarter that ended in Jun. 2026 was RM60.58 Mil.
Therefore, Nova MSC Bhd's Equity to Asset Ratio for the quarter that ended in Jun. 2026 was 0.68.
The historical rank and industry rank for Nova MSC Bhd's Equity-to-Asset or its related term are showing as below:
XKLS:0026'
s Equity-to-Asset Range Over the Past 10 Years
Min: 0.49 Med: 0.66 Max: 0.79
Current: 0.7
During the past 13 years, the highest Equity to Asset Ratio of Nova MSC Bhd was 0.79. The lowest was 0.49. And the median was 0.66.
XKLS:0026's Equity-to-Asset is ranked better than 71.74% of 2895
companies
in the Software industry
Industry Median: 0.55
vs XKLS:0026: 0.70
Nova MSC Bhd (XKLS:0026) 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%.
Nova MSC Bhd Equity-to-Asset Related Terms
Nova MSC Bhd Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Nova MSC Bhd'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.
XKLS:0026 vs CRM, SHOP, UBER: Equity-to-Asset Comparison
For the Software - Application subindustry, Nova MSC Bhd'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.
Nova MSC Bhd Equity-to-Asset vs Software Industry
For the Software industry and Technology sector, Nova MSC Bhd's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Nova MSC Bhd'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.
Nova MSC Bhd's Equity to Asset Ratio for the fiscal year that ended in Jun. 2026 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.
Nova MSC Bhd (XKLS:0026) has a Equity-to-Asset of 0.68 as of Jun. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Nova MSC Bhd and its competitors. This is near median its historical median of 0.66. Over the past decade, Nova MSC Bhd's Equity-to-Asset has ranged from 0.49 to 0.79. According to the industry distribution chart, Nova MSC Bhd ranks #818 out of 2895 companies in the Software industry, placing it in the top 28.3%.
Is Nova MSC Bhd's Equity-to-Asset too high?
Nova MSC Bhd's current Equity-to-Asset of 0.68 is near median its 10-year median of 0.66. Over the past 10 years, this metric has ranged from a low of 0.49 to a high of 0.79. The Software industry median Equity-to-Asset is 0.55. Nova MSC Bhd's value of 0.68 is 23.6% above this industry median. Based on the distribution chart, Nova MSC Bhd ranks #818 out of 2895 companies in the Software industry, which is above the industry midpoint.
How does Nova MSC Bhd's Equity-to-Asset compare to CRM and SHOP?
According to the Software industry distribution chart, Nova MSC Bhd ranks #818 out of 2895 companies for Equity-to-Asset. This puts Nova MSC Bhd in the upper half of its industry. The industry median Equity-to-Asset is 0.55. Nova MSC Bhd's value of 0.68 is 23.6% above this benchmark. Historically, Nova MSC Bhd's own Equity-to-Asset has ranged from 0.49 to 0.79 over the past decade. While the company's 10-year median is 0.66 vs. the industry median of 0.55, Nova MSC Bhd 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 Software company?
The median Equity-to-Asset among Software companies is 0.55, based on 2,895 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. Nova MSC Bhd's current Equity-to-Asset of 0.68 is 23.6% 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 Nova MSC Bhd and its competitors. For the Software 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. Nova MSC Bhd's current Equity-to-Asset is 0.68, which is near median its own 10-year median of 0.66. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nova MSC Bhd stock overvalued right now?
Based on GuruFocus' analysis, Nova MSC Bhd (XKLS:0026) is currently considered Modestly Overvalued. The stock's GF Value™ is RM0.05, compared to a current price of RM0.06 — trading 20% above its estimated fair value. The current Equity-to-Asset is 0.68, which is near median its 10-year median of 0.66 and 23.6% above the Software industry median of 0.55. 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 Nova MSC Bhd (XKLS:0026), the current Equity-to-Asset is 0.68 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.
Nova MSC Bhd is an investment holding company engaged in software research and development and the provision of e-business solutions through application software and professional services. The Group operates one segment, E-Business Solutions, covering software development, e-business solutions, and software-related consultancy services. Its products include Pavo for online submissions, Fornax for electronic plan checking, Vesalius for hospital functions, Avicenna for cloud-based patient management, EyScan for retinal photo analysis using SELENA+, and Dexie, a social robot for dementia care. The Company also provides consultancy, training, maintenance and customization services in Malaysia and Singapore.
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