Gowing Bros (ASX:GOW) Debt-to-Equity: 0.51 (As of Jan. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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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.

ASX:GOW Gowing Bros Ltd ASX:GOW
51 GF Score
Price A$2.19
GF Value A$2.14
Valuation Fairly Valued
! 3 Warning Signs
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What is Gowing Bros Debt-to-Equity?

Gowing Bros ASX:GOW 51 Debt-to-Equity is 0.51 as of Jan. 2026, which is 2% above its 10-year median of 0.50. GuruFocus rates ASX:GOW with a GF Score™ of 51/100 and a GF Value™ of A$2.14 (Fairly Valued). The stock has 3 warning signs investors should review. Among 960 Asset Management companies, Gowing Bros ranks worse than 72.71% on this metric.

Gowing Bros's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was A$1.10 Mil. Gowing Bros's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was A$102.38 Mil. Gowing Bros's Total Stockholders Equity for the quarter that ended in Jan. 2026 was A$203.48 Mil. Gowing Bros's debt to equity for the quarter that ended in Jan. 2026 was 0.51.

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 Gowing Bros's Debt-to-Equity or its related term are showing as below:

ASX:GOW' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24   Med: 0.5   Max: 1.14
Current: 0.51

During the past 13 years, the highest Debt-to-Equity Ratio of Gowing Bros was 1.14. The lowest was 0.24. And the median was 0.50.

ASX:GOW's Debt-to-Equity is ranked worse than
72.71% of 960 companies
in the Asset Management industry
Industry Median: 0.21 vs ASX:GOW: 0.51

Gowing Bros  (ASX:GOW) 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.


Gowing Bros Debt-to-Equity Related Terms


Gowing Bros Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Gowing Bros'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.

Gowing Bros Debt-to-Equity Chart

Gowing Bros Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23 Jul24 Jul25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.99 0.96 0.93 0.50 0.50

Gowing Bros Semi-Annual Data
Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24 Jul24 Jan25 Jul25 Jan26
Debt-to-Equity 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 0.49 0.50 0.51 0.50 0.51

ASX:GOW vs BLK, BX, KKR: Debt-to-Equity Comparison

For the Asset Management subindustry, Gowing Bros'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.


Gowing Bros Debt-to-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Gowing Bros's Debt-to-Equity distribution charts can be found below:

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


ASX:GOW
51GF Score
Gowing Bros Ltd ASX:GOW
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Gowing Bros Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Gowing Bros's Debt to Equity Ratio for the fiscal year that ended in Jul. 2025 is calculated as

Gowing Bros's Debt to Equity Ratio for the quarter that ended in Jan. 2026 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 0.51 mean?
Gowing Bros (ASX:GOW) has a Debt-to-Equity of 0.51 as of Jan. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Gowing Bros and its competitors. This is near median its historical median of 0.50. Over the past decade, Gowing Bros' Debt-to-Equity has ranged from 0.24 to 1.14. According to the industry distribution chart, Gowing Bros ranks #698 out of 960 companies in the Asset Management industry, placing it in the top 72.7%.
Is Gowing Bros' Debt-to-Equity too high?
Gowing Bros' current Debt-to-Equity of 0.51 is near median its 10-year median of 0.50. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.14. The Asset Management industry median Debt-to-Equity is 0.21. Gowing Bros' value of 0.51 is 142.9% above this industry median. Based on the distribution chart, Gowing Bros ranks #698 out of 960 companies in the Asset Management industry, which is below the industry midpoint. Overall, Gowing Bros has a GF Score™ of 51/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Gowing Bros' Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Gowing Bros ranks #698 out of 960 companies for Debt-to-Equity. This places Gowing Bros in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Gowing Bros' value of 0.51 is 142.9% above this benchmark. Historically, Gowing Bros' own Debt-to-Equity has ranged from 0.24 to 1.14 over the past decade. While the company's 10-year median is 0.50 vs. the industry median of 0.21, Gowing Bros 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 an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 960 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. Gowing Bros's current Debt-to-Equity of 0.51 is 142.9% 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 Gowing Bros and its competitors. For the Asset Management industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Gowing Bros's current Debt-to-Equity is 0.51, which is near median its own 10-year median of 0.50. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Gowing Bros stock overvalued right now?
Based on GuruFocus' analysis, Gowing Bros (ASX:GOW) is currently considered Fairly Valued. The stock's GF Value™ is A$2.14, compared to a current price of A$2.19 — trading 2.3% above its estimated fair value. The current Debt-to-Equity is 0.51, which is near median its 10-year median of 0.50 and 142.9% above the Asset Management industry median of 0.21. Gowing Bros' 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 Gowing Bros (ASX:GOW), the current Debt-to-Equity is 0.51 as of Jan. 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 Gowing Bros (ASX:GOW) Overvalued in 2026?

Based on GuruFocus' analysis, Gowing Bros stock appears to be overvalued. The current stock price of A$2.19 is trading 2.3% above its estimated GF Value™ of A$2.14. GuruFocus considers Gowing Bros to be Fairly Valued.

Key valuation signals for ASX:GOW:

  • Debt-to-Equity: 0.51 (near median its 10-year median of 0.50)
  • GF Value™: A$2.14 vs. price of A$2.19 (2.3% above fair value)
  • GF Score™: 51/100 with 3 warning signs
  • Industry Position: 142.9% above the Asset Management median (#698 of 960)

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


Gowing Bros Business Description

Address 35-61 Harbour Drive, Suite 303, Coffs Harbour, NSW, AUS, 2450
Gowing Bros Ltd operates as an investment and wealth management company in Australia. Its operating segments include Cash & fixed interest, Equities, Private equities, Investment properties, Development properties, Surf Hardware International business, and others. The company generates majority of its revenue from sale of goods (Surf Hardware International). Its geographical segments include Australia, the United States, Japan, and Europe.
51GF Score

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

A$2.19
Price
A$2.14
GF Value