ZTSTF (Ztest Electronics) Debt-to-Asset : 0.11 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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.

ZTSTF Ztest Electronics Inc ZTSTF
39 GF Score
Price $0.31
GF Value $0.17
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Ztest Electronics Debt-to-Asset?

Ztest Electronics ZTSTF 39 Debt-to-Asset is 0.11 as of Mar. 2026. GuruFocus rates ZTSTF with a GF Score™ of 39/100 and a GF Value™ of $0.17 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Ztest Electronics's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.12 Mil. Ztest Electronics's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.63 Mil. Ztest Electronics's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Mar. 2026 was $6.90 Mil. Ztest Electronics's debt to asset for the quarter that ended in Mar. 2026 was 0.11.

Ztest Electronics  (OTCPK:ZTSTF) 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.

Ztest Electronics Debt-to-Asset Related Terms

Ztest Electronics Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Ztest Electronics'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.

Ztest Electronics Debt-to-Asset Chart

Ztest Electronics Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.31 0.21 0.06 0.03

Ztest Electronics 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 0.03 0.03 0.02 0.01 0.11

ZTSTF vs APH, GLW, TEL: Debt-to-Asset Comparison

For the Electronic Components subindustry, Ztest Electronics'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.

Ztest Electronics Debt-to-Asset vs Hardware Industry

For the Hardware industry and Technology sector, Ztest Electronics's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Ztest Electronics's Debt-to-Asset falls into.


ZTSTF
39GF Score
Ztest Electronics Inc ZTSTF
Debt-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
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Ztest Electronics Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Ztest Electronics's Debt-to-Asset for the fiscal year that ended in Jun. 2025 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(0.14198607548553 + 0) / 5.2747658482961
=0.03

Ztest Electronics'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
=(0.12192468919064 + 0.62565368492709) / 6.9006929167712
=0.11

* 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 0.11 mean?
Ztest Electronics (ZTSTF) has a Debt-to-Asset of 0.11 as of Mar. 2026. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Ztest Electronics and its competitors.
Is Ztest Electronics' Debt-to-Asset too high?
Ztest Electronics' current Debt-to-Asset is 0.11. Overall, Ztest Electronics has a GF Score™ of 39/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Ztest Electronics' Debt-to-Asset compare to APH and GLW?
Ztest Electronics' Debt-to-Asset of 0.11 can be compared against companies in the Hardware 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 Hardware company?
A good Debt-to-Asset depends on the Hardware 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 Ztest Electronics and its competitors. Ztest Electronics's current Debt-to-Asset is 0.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ztest Electronics stock overvalued right now?
Based on GuruFocus' analysis, Ztest Electronics (ZTSTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.17, compared to a current price of $0.31 — trading 81.7% above its estimated fair value. The current Debt-to-Asset is 0.11. Ztest Electronics' overall GF Score™ is 39/100 with 3 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 Ztest Electronics (ZTSTF), the current Debt-to-Asset is 0.11 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 Ztest Electronics (ZTSTF) Overvalued in 2026?

Based on GuruFocus' analysis, Ztest Electronics stock appears to be overvalued. The current stock price of $0.31 is trading 81.7% above its estimated GF Value™ of $0.17. GuruFocus considers Ztest Electronics to be Significantly Overvalued.

Key valuation signals for ZTSTF:

  • Debt-to-Asset: 0.11
  • GF Value™: $0.17 vs. price of $0.31 (81.7% above fair value)
  • GF Score™: 39/100 with 3 warning signs

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

Ztest Electronics Business Description

Other Exchanges ZTE:Canada
Address 523 McNicoll Avenue, North York, Toronto, ON, CAN, M2H 2C9
Ztest Electronics Inc is a Canada-based company. It is involved in the designing, developing, and assembling printed circuit boards and other electronic equipment. Geographically, the company operates only in Canada.
39GF Score

Get the complete analysis for ZTSTF

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

$0.31
Price
$0.17
GF Value