ADCNF (Adicon Holdings) Debt-to-Equity: 0.96 (As of Dec. 2025) — 25% Above Median

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ADCNF Adicon Holdings Ltd ADCNF
75 GF Score
Price $0.65
GF Value $1.40
! 6 Warning Signs
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What is Adicon Holdings Debt-to-Equity?

Adicon Holdings ADCNF 75 Debt-to-Equity is 0.96 as of Dec. 2025, which is 25% above its 10-year median of 0.77. GuruFocus rates ADCNF with a GF Score™ of 75/100 and a GF Value™ of $1.40. The stock has 6 warning signs investors should review. Among 183 Medical Diagnostics & Research companies, Adicon Holdings ranks worse than 80.87% on this metric.

Adicon Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $116.8 Mil. Adicon Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $117.6 Mil. Adicon Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $244.3 Mil. Adicon Holdings's debt to equity for the quarter that ended in Dec. 2025 was 0.96.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Adicon Holdings's Debt-to-Equity or its related term are showing as below:

ADCNF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.37   Med: 0.77   Max: 2.68
Current: 0.96

During the past 6 years, the highest Debt-to-Equity Ratio of Adicon Holdings was 2.68. The lowest was 0.37. And the median was 0.77.

ADCNF's Debt-to-Equity is ranked worse than
80.87% of 183 companies
in the Medical Diagnostics & Research industry
Industry Median: 0.33 vs ADCNF: 0.96

Adicon Holdings  (OTCPK:ADCNF) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Adicon Holdings Debt-to-Equity Related Terms


Adicon Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Adicon Holdings's Debt-to-Equity 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.

Adicon Holdings Debt-to-Equity Chart

Adicon Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.40 2.68 0.64 0.91 0.96

Adicon Holdings Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.64 0.78 0.91 0.91 0.96

ADCNF vs TMO, DHR, IDXX: Debt-to-Equity Comparison

For the Diagnostics & Research subindustry, Adicon Holdings's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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.


Adicon Holdings Debt-to-Equity vs Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Adicon Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Adicon Holdings's Debt-to-Equity falls into.


ADCNF
75GF Score
Adicon Holdings Ltd ADCNF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Adicon Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Adicon Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Adicon Holdings's Debt to Equity Ratio for the quarter 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.96 mean?
Adicon Holdings (ADCNF) has a Debt-to-Equity of 0.96 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Adicon Holdings and its competitors. This is 25% above median its historical median of 0.77. Over the past decade, Adicon Holdings' Debt-to-Equity has ranged from 0.37 to 2.68. According to the industry distribution chart, Adicon Holdings ranks #148 out of 183 companies in the Medical Diagnostics & Research industry, placing it in the top 80.9%.
Is Adicon Holdings' Debt-to-Equity too high?
Adicon Holdings' current Debt-to-Equity of 0.96 is 25% above median its 10-year median of 0.77. Over the past 10 years, this metric has ranged from a low of 0.37 to a high of 2.68. The Medical Diagnostics & Research industry median Debt-to-Equity is 0.33. Adicon Holdings' value of 0.96 is 190.9% above this industry median. Based on the distribution chart, Adicon Holdings ranks #148 out of 183 companies in the Medical Diagnostics & Research industry, which is in the bottom quartile relative to peers. Overall, Adicon Holdings has a GF Score™ of 75/100, reflecting its overall financial health beyond just this single metric.
How does Adicon Holdings' Debt-to-Equity compare to TMO and DHR?
According to the Medical Diagnostics & Research industry distribution chart, Adicon Holdings ranks #148 out of 183 companies for Debt-to-Equity. This places Adicon Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.33. Adicon Holdings' value of 0.96 is 190.9% above this benchmark. Historically, Adicon Holdings' own Debt-to-Equity has ranged from 0.37 to 2.68 over the past decade. While the company's 10-year median is 0.77 vs. the industry median of 0.33, Adicon Holdings 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 Debt-to-Equity for a Medical Diagnostics & Research company?
The median Debt-to-Equity among Medical Diagnostics & Research companies is 0.33, based on 183 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Adicon Holdings's current Debt-to-Equity of 0.96 is 190.9% 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 Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Adicon Holdings and its competitors. For the Medical Diagnostics & Research industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Adicon Holdings's current Debt-to-Equity is 0.96, which is 25% above median its own 10-year median of 0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Adicon Holdings stock overvalued right now?
Adicon Holdings (ADCNF) has a current Debt-to-Equity of 0.96. The stock's GF Value™ is $1.40, compared to a current price of $0.65 — trading 53.6% below its estimated fair value. The current Debt-to-Equity is 0.96, which is 25% above median its 10-year median of 0.77 and 190.9% above the Medical Diagnostics & Research industry median of 0.33. Adicon Holdings' overall GF Score™ is 75/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Adicon Holdings (ADCNF), the current Debt-to-Equity is 0.96 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.

Is Adicon Holdings (ADCNF) Overvalued in 2026?

Based on GuruFocus' analysis, Adicon Holdings stock appears to be undervalued. The current stock price of $0.65 is trading 53.6% below its estimated GF Value™ of $1.40.

Key valuation signals for ADCNF:

  • Debt-to-Equity: 0.96 (25% above median its 10-year median of 0.77)
  • GF Value™: $1.40 vs. price of $0.65 (53.6% below fair value)
  • GF Score™: 75/100 with 6 warning signs
  • Industry Position: 190.9% above the Medical Diagnostics & Research median (#148 of 183)

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


Adicon Holdings Business Description

Other Exchanges 09860:Hong Kong
Address No. 208, Zhenzhong Road, West Lake District, Xihu District, Hangzhou, CHN
Adicon Holdings Ltd is a ICL service provider in China. It offers comprehensive testing services to hospitals and health check centers through an integrated network of self-operated laboratories across China. Its testing services platform includes clinical laboratories, pathology laboratories, reproductive genetics laboratories, gene laboratories, and mass spectrometry laboratories, consisting of over 4,000 medical diagnostic tests, the introduction of over 300 new high-end diagnostic tests.
75GF Score

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

$0.65
Price
$1.40
GF Value