BTRCF (Better Collective AS) Debt-to-Equity: 0.43 (As of Mar. 2026) — Near Median

Author: Vera Yuan Vera Yuan
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Director of Data and Quant Analytics at GuruFocus
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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.

BTRCF Better Collective AS BTRCF
95 GF Score
Price $15.39
GF Value $18.60
! 5 Warning Signs
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What is Better Collective AS Debt-to-Equity?

Better Collective AS BTRCF 95 Debt-to-Equity is 0.43 as of Mar. 2026, which is 2% above its 10-year median of 0.42. GuruFocus rates BTRCF with a GF Score™ of 95/100 and a GF Value™ of $18.60. The stock has 5 warning signs investors should review. Among 2,248 Software companies, Better Collective AS ranks worse than 67.44% on this metric.

Better Collective AS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $4.2 Mil. Better Collective AS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $317.0 Mil. Better Collective AS's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $739.3 Mil. Better Collective AS's debt to equity for the quarter that ended in Mar. 2026 was 0.43.

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 Better Collective AS's Debt-to-Equity or its related term are showing as below:

BTRCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.11   Med: 0.42   Max: 0.61
Current: 0.43

During the past 12 years, the highest Debt-to-Equity Ratio of Better Collective AS was 0.61. The lowest was 0.11. And the median was 0.42.

BTRCF's Debt-to-Equity is ranked worse than
67.44% of 2248 companies
in the Software industry
Industry Median: 0.19 vs BTRCF: 0.43

Better Collective AS  (OTCPK:BTRCF) 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.


Better Collective AS Debt-to-Equity Related Terms


Better Collective AS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Better Collective AS'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.

Better Collective AS Debt-to-Equity Chart

Better Collective AS 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 0.36 0.51 0.61 0.40 0.43

Better Collective AS 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 0.41 0.43 0.43 0.43 0.43

BTRCF vs QH, SHOP, UBER: Debt-to-Equity Comparison

For the Software - Application subindustry, Better Collective AS'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.


Better Collective AS Debt-to-Equity vs Software Industry

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

* The bar in red indicates where Better Collective AS's Debt-to-Equity falls into.


BTRCF
95GF Score
Better Collective AS BTRCF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Better Collective AS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Better Collective AS's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Better Collective AS'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 0.43 mean?
Better Collective AS (BTRCF) has a Debt-to-Equity of 0.43 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Better Collective AS and its competitors. This is near median its historical median of 0.42. Over the past decade, Better Collective AS's Debt-to-Equity has ranged from 0.11 to 0.61. According to the industry distribution chart, Better Collective AS ranks #1516 out of 2248 companies in the Software industry, placing it in the top 67.4%.
Is Better Collective AS's Debt-to-Equity too high?
Better Collective AS's current Debt-to-Equity of 0.43 is near median its 10-year median of 0.42. Over the past 10 years, this metric has ranged from a low of 0.11 to a high of 0.61. The Software industry median Debt-to-Equity is 0.19. Better Collective AS's value of 0.43 is 126.3% above this industry median. Based on the distribution chart, Better Collective AS ranks #1516 out of 2248 companies in the Software industry, which is below the industry midpoint. Overall, Better Collective AS has a GF Score™ of 95/100, reflecting its overall financial health beyond just this single metric.
How does Better Collective AS's Debt-to-Equity compare to QH and SHOP?
According to the Software industry distribution chart, Better Collective AS ranks #1516 out of 2248 companies for Debt-to-Equity. This places Better Collective AS in the lower half of its industry. The industry median Debt-to-Equity is 0.19. Better Collective AS's value of 0.43 is 126.3% above this benchmark. Historically, Better Collective AS's own Debt-to-Equity has ranged from 0.11 to 0.61 over the past decade. While the company's 10-year median is 0.42 vs. the industry median of 0.19, Better Collective AS 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 2,248 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. Better Collective AS's current Debt-to-Equity of 0.43 is 126.3% 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 Better Collective AS 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. Better Collective AS's current Debt-to-Equity is 0.43, which is near median its own 10-year median of 0.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Better Collective AS stock overvalued right now?
Better Collective AS (BTRCF) has a current Debt-to-Equity of 0.43. The stock's GF Value™ is $18.60, compared to a current price of $15.39 — trading 17.3% below its estimated fair value. The current Debt-to-Equity is 0.43, which is near median its 10-year median of 0.42 and 126.3% above the Software industry median of 0.19. Better Collective AS's overall GF Score™ is 95/100 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 Better Collective AS (BTRCF), the current Debt-to-Equity is 0.43 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 Better Collective AS (BTRCF) Overvalued in 2026?

Based on GuruFocus' analysis, Better Collective AS stock appears to be undervalued. The current stock price of $15.39 is trading 17.3% below its estimated GF Value™ of $18.60.

Key valuation signals for BTRCF:

  • Debt-to-Equity: 0.43 (near median its 10-year median of 0.42)
  • GF Value™: $18.60 vs. price of $15.39 (17.3% below fair value)
  • GF Score™: 95/100 with 5 warning signs
  • Industry Position: 126.3% above the Software median (#1516 of 2248)

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


Better Collective AS Business Description

Address Sankt Annae Plads 26-28, Copenhagen K, DNK, 1250
Better Collective AS is a developer of educational platforms within the iGaming industry. The company's segment includes Publishing, Paid Media and Esports. It generates maximum revenue from the Publishing segment. The publishing business segment includes revenue from Collective's proprietary online platforms and media partnerships, where online traffic comes either directly or through organic search results.
95GF Score

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

$15.39
Price
$18.60
GF Value