BTLN (Brightline Interactive) Debt-to-Equity: 0.06 (As of Mar. 2026) — 100% Above 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.

BTLN Brightline Interactive Inc BTLN
70 GF Score
Price $1.07
GF Value $1.05
Valuation Fairly Valued
! 5 Warning Signs
View Full Analysis

What is Brightline Interactive Debt-to-Equity?

Brightline Interactive BTLN +15.05% 70 Debt-to-Equity is 0.06 as of Mar. 2026, which is 100% above its 10-year median of 0.03. GuruFocus rates BTLN with a GF Score™ of 70/100 and a GF Value™ of $1.05 (Fairly Valued). The stock has 5 warning signs investors should review. Among 2,247 Software companies, Brightline Interactive ranks better than 74.41% on this metric.

Brightline Interactive's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.15 Mil. Brightline Interactive's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.01 Mil. Brightline Interactive's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $2.71 Mil. Brightline Interactive's debt to equity for the quarter that ended in Mar. 2026 was 0.06.

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 Brightline Interactive's Debt-to-Equity or its related term are showing as below:

BTLN' s Debt-to-Equity Range Over the Past 10 Years
Min: -5.66   Med: 0.03   Max: 2.45
Current: 0.06

During the past 7 years, the highest Debt-to-Equity Ratio of Brightline Interactive was 2.45. The lowest was -5.66. And the median was 0.03.

BTLN's Debt-to-Equity is ranked better than
74.41% of 2247 companies
in the Software industry
Industry Median: 0.19 vs BTLN: 0.06

Brightline Interactive  (NAS:BTLN) 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.


Brightline Interactive Debt-to-Equity Related Terms


Brightline Interactive Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Brightline Interactive'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.

Brightline Interactive Debt-to-Equity Chart

Brightline Interactive Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial -1.75 0.00 0.07 0.05 0.01

Brightline Interactive Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.01 0.01 0.01 0.01 0.06

BTLN vs SSGC, RKTO, INTZ: Debt-to-Equity Comparison

For the Software - Infrastructure subindustry, Brightline Interactive'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.


Brightline Interactive Debt-to-Equity vs Software Industry

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

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


BTLN
70GF Score
Brightline Interactive Inc BTLN
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Brightline Interactive Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Brightline Interactive's Debt to Equity Ratio for the quarter that ended in Mar. 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 0.06 mean?
Brightline Interactive (BTLN) has a Debt-to-Equity of 0.06 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Brightline Interactive and its competitors. This is 100% above median its historical median of 0.03. According to the industry distribution chart, Brightline Interactive ranks #575 out of 2247 companies in the Software industry, placing it in the top 25.6%.
Is Brightline Interactive's Debt-to-Equity too high?
Brightline Interactive's current Debt-to-Equity of 0.06 is 100% above median its 10-year median of 0.03. The Software industry median Debt-to-Equity is 0.19. Brightline Interactive's value of 0.06 is 68.4% below this industry median. Based on the distribution chart, Brightline Interactive ranks #575 out of 2247 companies in the Software industry, which is above the industry midpoint. Overall, Brightline Interactive has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Brightline Interactive's Debt-to-Equity compare to SSGC and RKTO?
According to the Software industry distribution chart, Brightline Interactive ranks #575 out of 2247 companies for Debt-to-Equity. This puts Brightline Interactive in the upper half of its industry. The industry median Debt-to-Equity is 0.19. Brightline Interactive's value of 0.06 is 68.4% below this benchmark. While the company's 10-year median is 0.03 vs. the industry median of 0.19, Brightline Interactive 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 Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,247 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. Brightline Interactive's current Debt-to-Equity of 0.06 is 68.4% 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 Brightline Interactive 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. Brightline Interactive's current Debt-to-Equity is 0.06, which is 100% above median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Brightline Interactive stock overvalued right now?
Based on GuruFocus' analysis, Brightline Interactive (BTLN) is currently considered Fairly Valued. The stock's GF Value™ is $1.05, compared to a current price of $1.07 — trading 1.9% above its estimated fair value. The current Debt-to-Equity is 0.06, which is 100% above median its 10-year median of 0.03 and 68.4% below the Software industry median of 0.19. Brightline Interactive's overall GF Score™ is 70/100 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 Brightline Interactive (BTLN), the current Debt-to-Equity is 0.06 as of Mar. 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 Brightline Interactive (BTLN) Overvalued in 2026?

Based on GuruFocus' analysis, Brightline Interactive stock appears to be overvalued. The current stock price of $1.07 is trading 1.9% above its estimated GF Value™ of $1.05. GuruFocus considers Brightline Interactive to be Fairly Valued.

Key valuation signals for BTLN:

  • Debt-to-Equity: 0.06 (100% above median its 10-year median of 0.03)
  • GF Value™: $1.05 vs. price of $1.07 (1.9% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 68.4% below the Software median (#575 of 2247)

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


Brightline Interactive Business Description

Other Exchanges 9DR:Germany
Address 15 West 38th Street, 12th Floor, New York, NY, USA, 10018
The Glimpse Group Inc is a diversified immersive technology platform company, focused on providing enterprise solutions in virtual reality (VR), augmented reality (AR), and spatial computing. The company operates multiple subsidiaries that develop VR and AR software and services across various industries, including corporate training, education, healthcare, government, defense, marketing, retail, and financial services. It also offers AI-driven spatial computing platforms that support simulations, social VR, behavioral health, and corporate events. The Company reports its revenues in three categories: Software Services, Software License and Software-as-a-Service (SaaS), and Royalty Income, with the majority being from the Software Services category.
70GF Score

Get the complete analysis for BTLN

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

$1.07
Price
$1.05
GF Value