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HiTech Group AustraliaASX:HIT 82 Debt-to-Equity is 0.02 as of Dec. 2025, which is 60% below its 10-year median of 0.05. GuruFocus rates ASX:HIT with a GF Score™ of 82/100 and a GF Value™ of A$1.89 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 957 Business Services companies, HiTech Group Australia ranks better than 93.63% 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 HiTech Group Australia's Debt-to-Equity or its related term are showing as below:
ASX:HIT'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02 Med: 0.05 Max: 0.32
Current: 0.02
During the past 13 years, the highest Debt-to-Equity Ratio of HiTech Group Australia was 0.32. The lowest was 0.02. And the median was 0.05.
ASX:HIT's Debt-to-Equity is ranked better than 93.63% of 957
companies
in the Business Services industry
Industry Median: 0.33
vs ASX:HIT: 0.02
HiTech Group Australia (ASX:HIT) 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.
HiTech Group Australia Debt-to-Equity Related Terms
HiTech Group Australia Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for HiTech Group Australia'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.
ASX:HIT vs KFY, RHI, TNET: Debt-to-Equity Comparison
For the Staffing & Employment Services subindustry, HiTech Group Australia'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.
HiTech Group Australia Debt-to-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, HiTech Group Australia's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where HiTech Group Australia'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.
HiTech Group Australia (ASX:HIT) has a Debt-to-Equity of 0.02 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on HiTech Group Australia and its competitors. This is 60% below median its historical median of 0.05. Over the past decade, HiTech Group Australia's Debt-to-Equity has ranged from 0.02 to 0.32. According to the industry distribution chart, HiTech Group Australia ranks #61 out of 957 companies in the Business Services industry, placing it in the top 6.4%.
Is HiTech Group Australia's Debt-to-Equity too high?
HiTech Group Australia's current Debt-to-Equity of 0.02 is 60% below median its 10-year median of 0.05. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.32. The Business Services industry median Debt-to-Equity is 0.33. HiTech Group Australia's value of 0.02 is 93.9% below this industry median. Based on the distribution chart, HiTech Group Australia ranks #61 out of 957 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, HiTech Group Australia has a GF Score™ of 82/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does HiTech Group Australia's Debt-to-Equity compare to KFY and RHI?
According to the Business Services industry distribution chart, HiTech Group Australia ranks #61 out of 957 companies for Debt-to-Equity. This places HiTech Group Australia in the top 6% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.33. HiTech Group Australia's value of 0.02 is 93.9% below this benchmark. Historically, HiTech Group Australia's own Debt-to-Equity has ranged from 0.02 to 0.32 over the past decade. While the company's 10-year median is 0.05 vs. the industry median of 0.33, HiTech Group Australia has consistently been below 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 Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 957 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. HiTech Group Australia's current Debt-to-Equity of 0.02 is 93.9% below 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 HiTech Group Australia and its competitors. For the Business Services 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. HiTech Group Australia's current Debt-to-Equity is 0.02, which is 60% below median its own 10-year median of 0.05. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is HiTech Group Australia stock overvalued right now?
Based on GuruFocus' analysis, HiTech Group Australia (ASX:HIT) is currently considered Possible Value Trap. The stock's GF Value™ is A$1.89, compared to a current price of A$1.19 — trading 37% below its estimated fair value. The current Debt-to-Equity is 0.02, which is 60% below median its 10-year median of 0.05 and 93.9% below the Business Services industry median of 0.33. HiTech Group Australia's overall GF Score™ is 82/100 with 5 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 HiTech Group Australia (ASX:HIT), the current Debt-to-Equity is 0.02 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 HiTech Group Australia (ASX:HIT) Overvalued in 2026?
Based on GuruFocus' analysis, HiTech Group Australia stock appears to be undervalued.
The current stock price of A$1.19 is trading 37% below its estimated GF Value™ of A$1.89.
GuruFocus considers HiTech Group Australia to be Possible Value Trap.
Key valuation signals for ASX:HIT:
Debt-to-Equity: 0.02 (60% below median its 10-year median of 0.05)
GF Value™: A$1.89 vs. price of A$1.19 (37% below fair value)
Industry Position: 93.9% below the Business Services median (#61 of 957)
No single metric tells the full story. See the ASX:HIT stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
HiTech Group Australia Ltd is engaged in recruitment services for permanent and contract staff to the ICT sector. It currently supplies permanent and contract staff from its database of over specialised ICT, Finance, and Office Support professionals. Its main business comes from IT contracting/consulting.
82GF Score
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