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Wave Exponential PCLBKK:WAVE-R Debt-to-Equity is 0.27 as of Jun. 2026, which is 70% below its 10-year median of 0.91. The stock has 5 warning signs investors should review. Among 224 Education companies, Wave Exponential PCL ranks better than 53.12% 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 Wave Exponential PCL's Debt-to-Equity or its related term are showing as below:
BKK:WAVE-R'
s Debt-to-Equity Range Over the Past 10 Years
Min: -2.09 Med: 0.91 Max: 2.74
Current: 0.27
During the past 13 years, the highest Debt-to-Equity Ratio of Wave Exponential PCL was 2.74. The lowest was -2.09. And the median was 0.91.
BKK:WAVE-R's Debt-to-Equity is ranked better than 53.12% of 224
companies
in the Education industry
Industry Median: 0.295
vs BKK:WAVE-R: 0.27
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.
Wave Exponential PCL Debt-to-Equity Related Terms
Wave Exponential PCL Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Wave Exponential PCL'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.
BKK:WAVE-R vs EDU, TAL, LAUR: Debt-to-Equity Comparison
For the Education & Training Services subindustry, Wave Exponential PCL'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.
Wave Exponential PCL Debt-to-Equity vs Education Industry
For the Education industry and Consumer Defensive sector, Wave Exponential PCL's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Wave Exponential PCL'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.
Wave Exponential PCL (BKK:WAVE-R) has a Debt-to-Equity of 0.27 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Wave Exponential PCL and its competitors. This is 70% below median its historical median of 0.91. According to the industry distribution chart, Wave Exponential PCL ranks #105 out of 224 companies in the Education industry, placing it in the top 46.9%.
Is Wave Exponential PCL's Debt-to-Equity too high?
Wave Exponential PCL's current Debt-to-Equity of 0.27 is 70% below median its 10-year median of 0.91. The Education industry median Debt-to-Equity is 0.30. Wave Exponential PCL's value of 0.27 is 8.5% below this industry median. Based on the distribution chart, Wave Exponential PCL ranks #105 out of 224 companies in the Education industry, which is above the industry midpoint.
How does Wave Exponential PCL's Debt-to-Equity compare to EDU and TAL?
According to the Education industry distribution chart, Wave Exponential PCL ranks #105 out of 224 companies for Debt-to-Equity. This puts Wave Exponential PCL in the upper half of its industry. The industry median Debt-to-Equity is 0.30. Wave Exponential PCL's value of 0.27 is 8.5% below this benchmark. While the company's 10-year median is 0.91 vs. the industry median of 0.30, Wave Exponential PCL 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 an Education company?
The median Debt-to-Equity among Education companies is 0.30, based on 224 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. Wave Exponential PCL's current Debt-to-Equity of 0.27 is 8.5% 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 Wave Exponential PCL and its competitors. For the Education industry, the median Debt-to-Equity is 0.30 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Wave Exponential PCL's current Debt-to-Equity is 0.27, which is 70% below median its own 10-year median of 0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wave Exponential PCL stock overvalued right now?
Wave Exponential PCL (BKK:WAVE-R) has a current Debt-to-Equity of 0.27. The stock's GF Value™ is ฿0.04, compared to a current price of ฿0.03 — trading 25% below its estimated fair value. The current Debt-to-Equity is 0.27, which is 70% below median its 10-year median of 0.91 and 8.5% below the Education industry median of 0.30. 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 Wave Exponential PCL (BKK:WAVE-R), the current Debt-to-Equity is 0.27 as of Jun. 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.
Wave Exponential PCL is principally engaged in the businesses of investment in other companies, operations of English language institutions, integrated carbon credit, and wellness health care. The company's business segments include Language institutions, Integrated carbon credit business, and Wellness health care business. The company generates the majority of its revenue from the Language Institutions segment.
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