Photocat AS (XSAT:PCAT) Equity-to-Asset: 0.43 (As of Dec. 2025) — 27% Below Median

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XSAT:PCAT Photocat AS XSAT:PCAT
9 GF Score
Price kr4.90
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What is Photocat AS Equity-to-Asset?

Photocat AS XSAT:PCAT 9 Equity-to-Asset is 0.43 as of Dec. 2025, which is 27% below its 10-year median of 0.59. GuruFocus rates XSAT:PCAT with a GF Score™ of 9/100. The stock has 3 warning signs investors should review. Among 1,612 Chemicals companies, Photocat AS ranks worse than 74.19% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Photocat AS's Total Stockholders Equity for the quarter that ended in Dec. 2025 was kr14.99 Mil. Photocat AS's Total Assets for the quarter that ended in Dec. 2025 was kr35.04 Mil. Therefore, Photocat AS's Equity to Asset Ratio for the quarter that ended in Dec. 2025 was 0.43.

The historical rank and industry rank for Photocat AS's Equity-to-Asset or its related term are showing as below:

XSAT:PCAT' s Equity-to-Asset Range Over the Past 10 Years
Min: 0.43   Med: 0.59   Max: 0.8
Current: 0.43

During the past 13 years, the highest Equity to Asset Ratio of Photocat AS was 0.80. The lowest was 0.43. And the median was 0.59.

XSAT:PCAT's Equity-to-Asset is ranked worse than
74.19% of 1612 companies
in the Chemicals industry
Industry Median: 0.6 vs XSAT:PCAT: 0.43

Photocat AS  (XSAT:PCAT) 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%.


Photocat AS Equity-to-Asset Related Terms


Photocat AS Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Photocat AS'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.

Photocat AS Equity-to-Asset Chart

Photocat AS Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.63 0.53 0.54 0.43

Photocat AS Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Dec25
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.55 0.53 0.57 0.54 0.43

XSAT:PCAT vs LIN, SHW, ECL: Equity-to-Asset Comparison

For the Specialty Chemicals subindustry, Photocat AS'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.


Photocat AS Equity-to-Asset vs Chemicals Industry

For the Chemicals industry and Basic Materials sector, Photocat AS's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Photocat AS's Equity-to-Asset falls into.


XSAT:PCAT
9GF Score
Photocat AS XSAT:PCAT
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Photocat AS 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.

Photocat AS's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=14.99/35.044
=

Photocat AS's Equity to Asset Ratio for the quarter that ended in Dec. 2025 is calculated as

Equity to Asset (Q: Dec. 2025 )=Total Stockholders Equity/Total Assets
=14.99/35.044
=0.43

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.43 mean?
Photocat AS (XSAT:PCAT) has a Equity-to-Asset of 0.43 as of Dec. 2025. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Photocat AS and its competitors. This is 27% below median its historical median of 0.59. Over the past decade, Photocat AS's Equity-to-Asset has ranged from 0.43 to 0.80. According to the industry distribution chart, Photocat AS ranks #1196 out of 1612 companies in the Chemicals industry, placing it in the top 74.2%.
Is Photocat AS's Equity-to-Asset too high?
Photocat AS's current Equity-to-Asset of 0.43 is 27% below median its 10-year median of 0.59. Over the past 10 years, this metric has ranged from a low of 0.43 to a high of 0.80. The Chemicals industry median Equity-to-Asset is 0.60. Photocat AS's value of 0.43 is 28.3% below this industry median. Based on the distribution chart, Photocat AS ranks #1196 out of 1612 companies in the Chemicals industry, which is below the industry midpoint. Overall, Photocat AS has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Photocat AS's Equity-to-Asset compare to LIN and SHW?
According to the Chemicals industry distribution chart, Photocat AS ranks #1196 out of 1612 companies for Equity-to-Asset. This places Photocat AS in the lower half of its industry. The industry median Equity-to-Asset is 0.60. Photocat AS's value of 0.43 is 28.3% below this benchmark. Historically, Photocat AS's own Equity-to-Asset has ranged from 0.43 to 0.80 over the past decade. While the company's 10-year median is 0.59 vs. the industry median of 0.60, Photocat AS 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 Chemicals company?
The median Equity-to-Asset among Chemicals companies is 0.60, based on 1,612 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. Photocat AS's current Equity-to-Asset of 0.43 is 28.3% 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 Photocat AS and its competitors. For the Chemicals industry, the median Equity-to-Asset is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Photocat AS's current Equity-to-Asset is 0.43, which is 27% below 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 Photocat AS stock overvalued right now?
Photocat AS (XSAT:PCAT) has a current Equity-to-Asset of 0.43. The current Equity-to-Asset is 0.43, which is 27% below median its 10-year median of 0.59 and 28.3% below the Chemicals industry median of 0.60. Photocat AS's overall GF Score™ is 9/100 with 3 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 Photocat AS (XSAT:PCAT), the current Equity-to-Asset is 0.43 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.

Photocat AS Business Description

Address Langebjerg 4, Roskilde, DNK, 4000
Photocat AS is a Danish green tech company has developed photocatalytic liquids and solutions designed to improve environmental conditions and potentially deliver life-saving enhancements to air quality. Its solutions are developed with both economic and scientific objectives, enabling its customers to add enhanced value when delivering their own products, such as roofing membranes, coatings, roads, and flooring. The company markets its products under the NOxOFF, Actifloor, ShineOn, and Photocat Garden trademarks. All products are currently in the early stages of their lifecycle, due to the nature of the underlying technology and processes. Its solutions include NOxOFF Concrete, NOxOFF Bitumen, NOxOFF Asphalt, Photocat Garden, and Actifloor.
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