CPWHF (Ceres Power Holdings) Debt-to-Equity: 0.02 (As of Dec. 2025) — 100% Above Median

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CPWHF Ceres Power Holdings PLC CPWHF
53 GF Score
Price $5.00
GF Value $4.59
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Ceres Power Holdings Debt-to-Equity?

Ceres Power Holdings CPWHF +8.58% 53 Debt-to-Equity is 0.02 as of Dec. 2025, which is 100% above its 10-year median of 0.01. GuruFocus rates CPWHF with a GF Score™ of 53/100 and a GF Value™ of $4.59 (Fairly Valued). The stock has 4 warning signs investors should review. Among 2,679 Industrial Products companies, Ceres Power Holdings ranks better than 93.62% on this metric.

Ceres Power Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $1.12 Mil. Ceres Power Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $2.11 Mil. Ceres Power Holdings's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $144.10 Mil. Ceres Power Holdings's debt to equity for the quarter that ended in Dec. 2025 was 0.02.

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 Ceres Power Holdings's Debt-to-Equity or its related term are showing as below:

CPWHF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.01   Max: 0.04
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Ceres Power Holdings was 0.04. The lowest was 0.01. And the median was 0.01.

CPWHF's Debt-to-Equity is ranked better than
93.62% of 2679 companies
in the Industrial Products industry
Industry Median: 0.28 vs CPWHF: 0.02

Ceres Power Holdings  (OTCPK:CPWHF) 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.


Ceres Power Holdings Debt-to-Equity Related Terms


Ceres Power Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Ceres Power Holdings'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.

Ceres Power Holdings Debt-to-Equity Chart

Ceres Power Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.01 0.01 0.01 0.01 0.02

Ceres Power Holdings Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 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 0.01 0.02 0.01 0.02 0.02

CPWHF vs VRT, BE: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, Ceres Power Holdings'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.


Ceres Power Holdings Debt-to-Equity vs Industrial Products Industry

For the Industrial Products industry and Industrials sector, Ceres Power Holdings's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Ceres Power Holdings's Debt-to-Equity falls into.


CPWHF
53GF Score
Ceres Power Holdings PLC CPWHF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Ceres Power Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Ceres Power Holdings's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Ceres Power Holdings'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 0.02 mean?
Ceres Power Holdings (CPWHF) has a Debt-to-Equity of 0.02 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Ceres Power Holdings and its competitors. This is 100% above median its historical median of 0.01. Over the past decade, Ceres Power Holdings' Debt-to-Equity has ranged from 0.01 to 0.04. According to the industry distribution chart, Ceres Power Holdings ranks #171 out of 2679 companies in the Industrial Products industry, placing it in the top 6.4%.
Is Ceres Power Holdings' Debt-to-Equity too high?
Ceres Power Holdings' current Debt-to-Equity of 0.02 is 100% above median its 10-year median of 0.01. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.04. The Industrial Products industry median Debt-to-Equity is 0.28. Ceres Power Holdings' value of 0.02 is 92.9% below this industry median. Based on the distribution chart, Ceres Power Holdings ranks #171 out of 2679 companies in the Industrial Products industry, which is in the top quartile — a strong position relative to peers. Overall, Ceres Power Holdings has a GF Score™ of 53/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Ceres Power Holdings' Debt-to-Equity compare to VRT and BE?
According to the Industrial Products industry distribution chart, Ceres Power Holdings ranks #171 out of 2679 companies for Debt-to-Equity. This places Ceres Power Holdings in the top 6% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. Ceres Power Holdings' value of 0.02 is 92.9% below this benchmark. Historically, Ceres Power Holdings' own Debt-to-Equity has ranged from 0.01 to 0.04 over the past decade. While the company's 10-year median is 0.01 vs. the industry median of 0.28, Ceres Power Holdings 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 Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,679 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. Ceres Power Holdings's current Debt-to-Equity of 0.02 is 92.9% 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 Ceres Power Holdings and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Ceres Power Holdings's current Debt-to-Equity is 0.02, which is 100% above median its own 10-year median of 0.01. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ceres Power Holdings stock overvalued right now?
Based on GuruFocus' analysis, Ceres Power Holdings (CPWHF) is currently considered Fairly Valued. The stock's GF Value™ is $4.59, compared to a current price of $5.00 — trading 8.9% above its estimated fair value. The current Debt-to-Equity is 0.02, which is 100% above median its 10-year median of 0.01 and 92.9% below the Industrial Products industry median of 0.28. Ceres Power Holdings' overall GF Score™ is 53/100 with 4 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 Ceres Power Holdings (CPWHF), the current Debt-to-Equity is 0.02 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 Ceres Power Holdings (CPWHF) Overvalued in 2026?

Based on GuruFocus' analysis, Ceres Power Holdings stock appears to be overvalued. The current stock price of $5.00 is trading 8.9% above its estimated GF Value™ of $4.59. GuruFocus considers Ceres Power Holdings to be Fairly Valued.

Key valuation signals for CPWHF:

  • Debt-to-Equity: 0.02 (100% above median its 10-year median of 0.01)
  • GF Value™: $4.59 vs. price of $5.00 (8.9% above fair value)
  • GF Score™: 53/100 with 4 warning signs
  • Industry Position: 92.9% below the Industrial Products median (#171 of 2679)

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


Ceres Power Holdings Business Description

Address Foundry Lane, Viking House, Horsham, West Sussex, GBR, RH13 5PX
Ceres Power Holdings PLC is a primary developer of clean energy technology fuel cells for power generation and electrolysers to produce green hydrogen. Its licensing model enables partners to develop solid oxide technology supporting greater electrification of energy systems, including AI data centres, commercial and industrial applications, and produce green hydrogen at high efficiencies as a route to decarbonise emissions-intensive industries such as ammonia, steelmaking and electrofuels. The majority of revenue comes from Asian country followed by Europe and North America.
53GF Score

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

$5.00
Price
$4.59
GF Value