XReality Group (ASX:XRG) Debt-to-Equity: 1.41 (As of Dec. 2025) — Near Median

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What is XReality Group Debt-to-Equity?

XReality Group ASX:XRG -2.31% Debt-to-Equity is 1.41 as of Dec. 2025, which is 5% below its 10-year median of 1.48. The stock has 5 warning signs investors should review. Among 719 Travel & Leisure companies, XReality Group ranks worse than 78.72% on this metric.

XReality Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$1.49 Mil. XReality Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was A$18.88 Mil. XReality Group's Total Stockholders Equity for the quarter that ended in Dec. 2025 was A$14.45 Mil. XReality Group's debt to equity for the quarter that ended in Dec. 2025 was 1.41.

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

ASX:XRG' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.3   Med: 1.48   Max: 2.69
Current: 1.41

During the past 13 years, the highest Debt-to-Equity Ratio of XReality Group was 2.69. The lowest was 0.30. And the median was 1.48.

ASX:XRG's Debt-to-Equity is ranked worse than
78.72% of 719 companies
in the Travel & Leisure industry
Industry Median: 0.43 vs ASX:XRG: 1.41

XReality Group  (ASX:XRG) 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.


XReality Group Debt-to-Equity Related Terms


XReality Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for XReality Group'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.

XReality Group Debt-to-Equity Chart

XReality Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.15 2.04 2.24 2.50 1.71

XReality Group 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 2.01 2.50 2.69 1.71 1.41

ASX:XRG vs AS, HAS, LTH: Debt-to-Equity Comparison

For the Leisure subindustry, XReality Group'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.


XReality Group Debt-to-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, XReality Group's Debt-to-Equity distribution charts can be found below:

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



XReality Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

XReality Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

XReality Group'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 1.41 mean?
XReality Group (ASX:XRG) has a Debt-to-Equity of 1.41 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on XReality Group and its competitors. This is near median its historical median of 1.48. Over the past decade, XReality Group's Debt-to-Equity has ranged from 0.30 to 2.69. According to the industry distribution chart, XReality Group ranks #566 out of 719 companies in the Travel & Leisure industry, placing it in the top 78.7%.
Is XReality Group's Debt-to-Equity too high?
XReality Group's current Debt-to-Equity of 1.41 is near median its 10-year median of 1.48. Over the past 10 years, this metric has ranged from a low of 0.30 to a high of 2.69. The Travel & Leisure industry median Debt-to-Equity is 0.43. XReality Group's value of 1.41 is 227.9% above this industry median. Based on the distribution chart, XReality Group ranks #566 out of 719 companies in the Travel & Leisure industry, which is in the bottom quartile relative to peers.
How does XReality Group's Debt-to-Equity compare to AS and HAS?
According to the Travel & Leisure industry distribution chart, XReality Group ranks #566 out of 719 companies for Debt-to-Equity. This places XReality Group in the lower half of its industry. The industry median Debt-to-Equity is 0.43. XReality Group's value of 1.41 is 227.9% above this benchmark. Historically, XReality Group's own Debt-to-Equity has ranged from 0.30 to 2.69 over the past decade. While the company's 10-year median is 1.48 vs. the industry median of 0.43, XReality Group 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 Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.43, based on 719 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. XReality Group's current Debt-to-Equity of 1.41 is 227.9% 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 XReality Group and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. XReality Group's current Debt-to-Equity is 1.41, which is near median its own 10-year median of 1.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XReality Group stock overvalued right now?
Based on GuruFocus' analysis, XReality Group (ASX:XRG) is currently considered Significantly Overvalued. The stock's GF Value™ is A$0.04, compared to a current price of A$0.06 — trading 58.8% above its estimated fair value. The current Debt-to-Equity is 1.41, which is near median its 10-year median of 1.48 and 227.9% above the Travel & Leisure industry median of 0.43. 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 XReality Group (ASX:XRG), the current Debt-to-Equity is 1.41 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.

XReality Group Business Description

Address 123 Mulgoa Road, Penrith, NSW, AUS, 2750
XReality Group Ltd is engaged in building immersive XR products and experiences. The company develops and operates physical and digital simulations. Its product portfolio includes physical and digital simulation used across the enterprise, defense, and consumer markets. The company has expanded its simulation portfolio from indoor skydiving to include out-of-home virtual reality entertainment, augmented reality, defense XR training, and XR software development. The three segments are Entertainment, Enterprise, and Corporate. The company generates maximum revenue from the entertainment segment.