DWMNF (DOWA Holdings Co) Debt-to-Asset : 0.18 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DWMNF DOWA Holdings Co Ltd DWMNF
75 GF Score
Price $62.00
GF Value $42.67
! 2 Warning Signs
View Full Analysis

What is DOWA Holdings Co Debt-to-Asset?

DOWA Holdings Co DWMNF 75 Debt-to-Asset is 0.18 as of Mar. 2026. GuruFocus rates DWMNF with a GF Score™ of 75/100 and a GF Value™ of $42.67. The stock has 2 warning signs investors should review.

DOWA Holdings Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $695 Mil. DOWA Holdings Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $217 Mil. DOWA Holdings Co's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was $5,007 Mil. DOWA Holdings Co's debt to asset for the quarter that ended in Mar. 2026 was 0.18.


DOWA Holdings Co  (OTCPK:DWMNF) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.


DOWA Holdings Co Debt-to-Asset Related Terms


DOWA Holdings Co Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for DOWA Holdings Co's Debt-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.

DOWA Holdings Co Debt-to-Asset Chart

DOWA Holdings Co Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.24 0.18 0.20 0.18

DOWA Holdings Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Debt-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 0.20 0.19 0.20 0.23 0.18

DOWA Holdings Co Debt-to-Asset Competitor Comparison

For the Other Industrial Metals & Mining subindustry, DOWA Holdings Co's Debt-to-Asset, along with its competitors' market caps and Debt-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.


DOWA Holdings Co Debt-to-Asset vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, DOWA Holdings Co's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where DOWA Holdings Co's Debt-to-Asset falls into.


DWMNF
75GF Score
DOWA Holdings Co Ltd DWMNF
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

DOWA Holdings Co Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

DOWA Holdings Co's Debt-to-Asset for the fiscal year that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(695.444 + 216.684) / 5006.696
=0.18

DOWA Holdings Co's Debt-to-Asset for the quarter that ended in Mar. 2026 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(695.444 + 216.684) / 5006.696
=0.18

* 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 Debt-to-Asset →
What does a Debt-to-Asset of 0.18 mean?
DOWA Holdings Co (DWMNF) has a Debt-to-Asset of 0.18 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on DOWA Holdings Co and its competitors.
Is DOWA Holdings Co's Debt-to-Asset too high?
DOWA Holdings Co's current Debt-to-Asset is 0.18. Overall, DOWA Holdings Co has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does DOWA Holdings Co's Debt-to-Asset compare to competitors?
DOWA Holdings Co's Debt-to-Asset of 0.18 can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Metals & Mining company?
A good Debt-to-Asset depends on the Metals & Mining industry context. However, Debt-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on DOWA Holdings Co and its competitors. DOWA Holdings Co's current Debt-to-Asset is 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is DOWA Holdings Co stock overvalued right now?
DOWA Holdings Co (DWMNF) has a current Debt-to-Asset of 0.18. The stock's GF Value™ is $42.67, compared to a current price of $62.00 — trading 45.3% above its estimated fair value. The current Debt-to-Asset is 0.18. DOWA Holdings Co's overall GF Score™ is 75/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For DOWA Holdings Co (DWMNF), the current Debt-to-Asset is 0.18 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 DOWA Holdings Co (DWMNF) Overvalued in 2026?

Based on GuruFocus' analysis, DOWA Holdings Co stock appears to be overvalued. The current stock price of $62.00 is trading 45.3% above its estimated GF Value™ of $42.67.

Key valuation signals for DWMNF:

  • Debt-to-Asset: 0.18
  • GF Value™: $42.67 vs. price of $62.00 (45.3% above fair value)
  • GF Score™: 75/100 with 2 warning signs

No single metric tells the full story. See the DWMNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


DOWA Holdings Co Business Description

Other Exchanges 5714:JapanDMI:Germany
Address 1-14-1 Sotokanda, 22nd Floor, Akihabara UDX, Chiyoda-ku, Tokyo, JPN, 101-0021
DOWA Holdings Co Ltd is a Japanese conglomerate engaged in electronic materials, recycling, heat treatment, metal processing, and smelting businesses. The company operates five business segments. The Electronic Materials segment makes high-purity metals, semiconductor wafers, LEDs, batteries, and magnetic materials. The Environment/Recycling segment handles waste disposal, soil remediation, resource recovery, and logistics. The Heat Treatment segment provides metal surface treatment, processing equipment, and related services. The Metal Processing segment produces copper, brass, alloys, and circuit boards. The Smelting segment manufactures metals and chemicals, while Others covers real estate, construction, and technology. It generates the majority of its revenue from the Smelting segment.
75GF Score

Get the complete analysis for DWMNF

Debt-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$62.00
Price
$42.67
GF Value