Vista Group International (ASX:VGL) Debt-to-Equity: 0.22 (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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:VGL Vista Group International Ltd ASX:VGL
84 GF Score
Price A$2.07
GF Value A$2.31
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Vista Group International Debt-to-Equity?

Vista Group International ASX:VGL +2.99% 84 Debt-to-Equity is 0.22 as of Dec. 2025, which is 4% below its 10-year median of 0.23. GuruFocus rates ASX:VGL with a GF Score™ of 84/100 and a GF Value™ of A$2.31 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,241 Software companies, Vista Group International ranks worse than 52.12% on this metric.

Vista Group International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$3.6 Mil. Vista Group International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$25.1 Mil. Vista Group International's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$128.3 Mil. Vista Group International's debt to equity for the quarter that ended in Dec. 2025 was 0.22.

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 Vista Group International's Debt-to-Equity or its related term are showing as below:

ASX:VGL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.23   Max: 0.26
Current: 0.22

During the past 12 years, the highest Debt-to-Equity Ratio of Vista Group International was 0.26. The lowest was 0.04. And the median was 0.23.

ASX:VGL's Debt-to-Equity is ranked worse than
52.12% of 2241 companies
in the Software industry
Industry Median: 0.19 vs ASX:VGL: 0.22

Vista Group International  (ASX:VGL) 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.


Vista Group International Debt-to-Equity Related Terms


Vista Group International Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Vista Group International'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.

Vista Group International Debt-to-Equity Chart

Vista Group International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.25 0.25 0.23 0.21 0.22

Vista Group International Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.23 0.23 0.21 0.17 0.22

ASX:VGL vs UBER, SHOP, CRM: Debt-to-Equity Comparison

For the Software - Application subindustry, Vista Group International'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.


Vista Group International Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, Vista Group International's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Vista Group International's Debt-to-Equity falls into.


ASX:VGL
84GF Score
Vista Group International Ltd ASX:VGL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Vista Group International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Vista Group International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Vista Group International'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 0.22 mean?
Vista Group International (ASX:VGL) has a Debt-to-Equity of 0.22 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Vista Group International and its competitors. This is near median its historical median of 0.23. Over the past decade, Vista Group International's Debt-to-Equity has ranged from 0.04 to 0.26. According to the industry distribution chart, Vista Group International ranks #1168 out of 2241 companies in the Software industry, placing it in the top 52.1%.
Is Vista Group International's Debt-to-Equity too high?
Vista Group International's current Debt-to-Equity of 0.22 is near median its 10-year median of 0.23. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.26. The Software industry median Debt-to-Equity is 0.19. Vista Group International's value of 0.22 is 15.8% above this industry median. Based on the distribution chart, Vista Group International ranks #1168 out of 2241 companies in the Software industry, which is below the industry midpoint. Overall, Vista Group International has a GF Score™ of 84/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Vista Group International's Debt-to-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, Vista Group International ranks #1168 out of 2241 companies for Debt-to-Equity. This places Vista Group International in the lower half of its industry. The industry median Debt-to-Equity is 0.19. Vista Group International's value of 0.22 is 15.8% above this benchmark. Historically, Vista Group International's own Debt-to-Equity has ranged from 0.04 to 0.26 over the past decade. While the company's 10-year median is 0.23 vs. the industry median of 0.19, Vista Group International 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 2,241 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. Vista Group International's current Debt-to-Equity of 0.22 is 15.8% 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 Vista Group International 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. Vista Group International's current Debt-to-Equity is 0.22, which is near median its own 10-year median of 0.23. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Vista Group International stock overvalued right now?
Based on GuruFocus' analysis, Vista Group International (ASX:VGL) is currently considered Modestly Undervalued. The stock's GF Value™ is A$2.31, compared to a current price of A$2.07 — trading 10.4% below its estimated fair value. The current Debt-to-Equity is 0.22, which is near median its 10-year median of 0.23 and 15.8% above the Software industry median of 0.19. Vista Group International's overall GF Score™ is 84/100 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 Vista Group International (ASX:VGL), the current Debt-to-Equity is 0.22 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 Vista Group International (ASX:VGL) Overvalued in 2026?

Based on GuruFocus' analysis, Vista Group International stock appears to be undervalued. The current stock price of A$2.07 is trading 10.4% below its estimated GF Value™ of A$2.31. GuruFocus considers Vista Group International to be Modestly Undervalued.

Key valuation signals for ASX:VGL:

  • Debt-to-Equity: 0.22 (near median its 10-year median of 0.23)
  • GF Value™: A$2.31 vs. price of A$2.07 (10.4% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 15.8% above the Software median (#1168 of 2241)

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


Vista Group International Business Description

Other Exchanges VGL:New Zealand
Address 90 Wellesley Street West, Shed 12, City Works Depot, Auckland, NZL, 1010
Vista Group International Ltd provides software and technology solutions across the global film industry sectors of distribution, exhibition, and the end consumer, moviegoers. The principal activity is the sale, support, and associated development of software for the film industry. The company operates in the vertical cinema/film market in the following reportable segments namely the Cinema segment and Film segment. The company has offices in New Zealand, with additional offices located in Sydney, Cape Town, London, Amsterdam, Beijing, Shanghai, Kuala Lumpur, Los Angeles, and Mexico City.
84GF Score

Get the complete analysis for ASX:VGL

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

A$2.07
Price
A$2.31
GF Value