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Digital TurbineAPPS -1.31%51 Debt-to-Equity is 1.92 as of Mar. 2026, which is 182% above its 10-year median of 0.68. GuruFocus rates APPS with a GF Score™ of 51/100 and a GF Value™ of $4.34 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,240 Software companies, Digital Turbine ranks worse than 93.57% on this metric.
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 Digital Turbine's Debt-to-Equity or its related term are showing as below:
APPS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.68 Max: 2.72
Current: 1.92
During the past 13 years, the highest Debt-to-Equity Ratio of Digital Turbine was 2.72. The lowest was 0.10. And the median was 0.68.
APPS's Debt-to-Equity is ranked worse than 93.57% of 2240
companies
in the Software industry
Industry Median: 0.19
vs APPS: 1.92
Digital Turbine (NAS:APPS) Debt-to-Equity Explanation
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.
Digital Turbine Debt-to-Equity Related Terms
Digital Turbine Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Digital Turbine'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.
APPS vs BLKB, WLTH, VIA: Debt-to-Equity Comparison
For the Software - Application subindustry, Digital Turbine'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.
Digital Turbine Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Digital Turbine's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Digital Turbine's Debt-to-Equity falls into.
* 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.
Digital Turbine (APPS) has a Debt-to-Equity of 1.92 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Digital Turbine and its competitors. This is 182% above median its historical median of 0.68. Over the past decade, Digital Turbine's Debt-to-Equity has ranged from 0.10 to 2.72. According to the industry distribution chart, Digital Turbine ranks #2096 out of 2240 companies in the Software industry, placing it in the top 93.6%.
Is Digital Turbine's Debt-to-Equity too high?
Digital Turbine's current Debt-to-Equity of 1.92 is 182% above median its 10-year median of 0.68. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 2.72. The Software industry median Debt-to-Equity is 0.19. Digital Turbine's value of 1.92 is 910.5% above this industry median. Based on the distribution chart, Digital Turbine ranks #2096 out of 2240 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Digital Turbine has a GF Score™ of 51/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Digital Turbine's Debt-to-Equity compare to BLKB and WLTH?
According to the Software industry distribution chart, Digital Turbine ranks #2096 out of 2240 companies for Debt-to-Equity. This places Digital Turbine in the lower half of its industry. The industry median Debt-to-Equity is 0.19. Digital Turbine's value of 1.92 is 910.5% above this benchmark. Historically, Digital Turbine's own Debt-to-Equity has ranged from 0.10 to 2.72 over the past decade. While the company's 10-year median is 0.68 vs. the industry median of 0.19, Digital Turbine 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 Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,240 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. Digital Turbine's current Debt-to-Equity of 1.92 is 910.5% 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 Digital Turbine and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Digital Turbine's current Debt-to-Equity is 1.92, which is 182% above median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digital Turbine stock overvalued right now?
Based on GuruFocus' analysis, Digital Turbine (APPS) is currently considered Significantly Overvalued. The stock's GF Value™ is $4.34, compared to a current price of $9.82 — trading 126.3% above its estimated fair value. The current Debt-to-Equity is 1.92, which is 182% above median its 10-year median of 0.68 and 910.5% above the Software industry median of 0.19. Digital Turbine's overall GF Score™ is 51/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Digital Turbine (APPS), the current Debt-to-Equity is 1.92 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 Digital Turbine (APPS) Overvalued in 2026?
Based on GuruFocus' analysis, Digital Turbine stock appears to be overvalued.
The current stock price of $9.82 is trading 126.3% above its estimated GF Value™ of $4.34.
GuruFocus considers Digital Turbine to be Significantly Overvalued.
Key valuation signals for APPS:
Debt-to-Equity: 1.92 (182% above median its 10-year median of 0.68)
GF Value™: $4.34 vs. price of $9.82 (126.3% above fair value)
Industry Position: 910.5% above the Software median (#2096 of 2240)
No single metric tells the full story. See the APPS stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Digital Turbine Inc is an independent mobile growth platform that levels up the landscape for advertisers, publishers, carriers, and device original equipment manufacturers. The Company offers end-to-end products and solutions leveraging proprietary technology to all participants in the mobile application ecosystem, enabling brand discovery and advertising, user acquisition and engagement, and operational efficiency for advertisers. In addition, its products and solutions provide monetization opportunities for OEMs, carriers, and application (app or apps) publishers and developers.
51GF Score
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