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Arisawa Mfg CoARSWF 82 Debt-to-Equity is 0.30 as of Mar. 2026, which is 67% above its 10-year median of 0.18. GuruFocus rates ARSWF with a GF Score™ of 82/100 and a GF Value™ of $2.22. The stock has 2 warning signs investors should review. Among 2,217 Hardware companies, Arisawa Mfg Co ranks worse than 53.18% 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 Arisawa Mfg Co's Debt-to-Equity or its related term are showing as below:
ARSWF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11 Med: 0.18 Max: 0.3
Current: 0.3
During the past 13 years, the highest Debt-to-Equity Ratio of Arisawa Mfg Co was 0.30. The lowest was 0.11. And the median was 0.18.
ARSWF's Debt-to-Equity is ranked worse than 53.18% of 2217
companies
in the Hardware industry
Industry Median: 0.27
vs ARSWF: 0.30
Arisawa Mfg Co (OTCPK:ARSWF) 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.
Arisawa Mfg Co Debt-to-Equity Related Terms
Arisawa Mfg Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Arisawa Mfg Co'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.
For the Electronic Components subindustry, Arisawa Mfg Co'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.
Arisawa Mfg Co Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Arisawa Mfg Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Arisawa Mfg Co'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.
Arisawa Mfg Co (ARSWF) has a Debt-to-Equity of 0.30 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Arisawa Mfg Co and its competitors. This is 67% above median its historical median of 0.18. Over the past decade, Arisawa Mfg Co's Debt-to-Equity has ranged from 0.11 to 0.30. According to the industry distribution chart, Arisawa Mfg Co ranks #1179 out of 2217 companies in the Hardware industry, placing it in the top 53.2%.
Is Arisawa Mfg Co's Debt-to-Equity too high?
Arisawa Mfg Co's current Debt-to-Equity of 0.30 is 67% above median its 10-year median of 0.18. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.30. The Hardware industry median Debt-to-Equity is 0.27. Arisawa Mfg Co's value of 0.30 is 11.1% above this industry median. Based on the distribution chart, Arisawa Mfg Co ranks #1179 out of 2217 companies in the Hardware industry, which is below the industry midpoint. Overall, Arisawa Mfg Co has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Arisawa Mfg Co's Debt-to-Equity compare to APH and GLW?
According to the Hardware industry distribution chart, Arisawa Mfg Co ranks #1179 out of 2217 companies for Debt-to-Equity. This places Arisawa Mfg Co in the lower half of its industry. The industry median Debt-to-Equity is 0.27. Arisawa Mfg Co's value of 0.30 is 11.1% above this benchmark. Historically, Arisawa Mfg Co's own Debt-to-Equity has ranged from 0.11 to 0.30 over the past decade. While the company's 10-year median is 0.18 vs. the industry median of 0.27, Arisawa Mfg Co 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,217 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. Arisawa Mfg Co's current Debt-to-Equity of 0.30 is 11.1% 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 Arisawa Mfg Co and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Arisawa Mfg Co's current Debt-to-Equity is 0.30, which is 67% above median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Arisawa Mfg Co stock overvalued right now?
Arisawa Mfg Co (ARSWF) has a current Debt-to-Equity of 0.30. The stock's GF Value™ is $2.22, compared to a current price of $3.15 — trading 41.9% above its estimated fair value. The current Debt-to-Equity is 0.30, which is 67% above median its 10-year median of 0.18 and 11.1% above the Hardware industry median of 0.27. Arisawa Mfg Co's overall GF Score™ is 82/100 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-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Arisawa Mfg Co (ARSWF), the current Debt-to-Equity is 0.30 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 Arisawa Mfg Co (ARSWF) Overvalued in 2026?
Based on GuruFocus' analysis, Arisawa Mfg Co stock appears to be overvalued.
The current stock price of $3.15 is trading 41.9% above its estimated GF Value™ of $2.22.
Key valuation signals for ARSWF:
Debt-to-Equity: 0.30 (67% above median its 10-year median of 0.18)
GF Value™: $2.22 vs. price of $3.15 (41.9% above fair value)
Industry Position: 11.1% above the Hardware median (#1179 of 2217)
No single metric tells the full story. See the ARSWF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Arisawa Mfg Co Ltd is a Japanese based company, engages in the manufacture and sale of electronic materials of electronic materials. The company provides electronic materials used in personal computers and cellular phones; and optoelectronic materials such as Fresnel lenses for projection TV; electrical insulating materials; and structural materials. It also offers display materials comprising anti-reflection films, 3D display filters, special optical films, 3D display equipment, polarizing plates, hard-coating films, and projection screens.
82GF Score
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