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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.
CHAR TechnologiesCTRNF -8.02%48 Debt-to-Equity is 0.09 as of Mar. 2026, which is 50% below its 10-year median of 0.18. GuruFocus rates CTRNF with a GF Score™ of 48/100 and a GF Value™ of $0.17 (Fairly Valued). The stock has 7 warning signs investors should review. Among 213 Waste Management companies, CHAR Technologies ranks better than 84.04% 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 CHAR Technologies's Debt-to-Equity or its related term are showing as below:
CTRNF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.18 Max: 10.68
Current: 0.09
During the past 12 years, the highest Debt-to-Equity Ratio of CHAR Technologies was 10.68. The lowest was 0.00. And the median was 0.18.
CTRNF's Debt-to-Equity is ranked better than 84.04% of 213
companies
in the Waste Management industry
Industry Median: 0.62
vs CTRNF: 0.09
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.
CHAR Technologies Debt-to-Equity Related Terms
CHAR Technologies Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for CHAR Technologies'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.
For the Waste Management subindustry, CHAR Technologies'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.
CHAR Technologies Debt-to-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, CHAR Technologies's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where CHAR Technologies'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.
CHAR Technologies (CTRNF) has a Debt-to-Equity of 0.09 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CHAR Technologies and its competitors. This is 50% below median its historical median of 0.18. According to the industry distribution chart, CHAR Technologies ranks #34 out of 213 companies in the Waste Management industry, placing it in the top 16%.
Is CHAR Technologies' Debt-to-Equity too high?
CHAR Technologies' current Debt-to-Equity of 0.09 is 50% below median its 10-year median of 0.18. The Waste Management industry median Debt-to-Equity is 0.62. CHAR Technologies' value of 0.09 is 85.5% below this industry median. Based on the distribution chart, CHAR Technologies ranks #34 out of 213 companies in the Waste Management industry, which is in the top quartile — a strong position relative to peers. Overall, CHAR Technologies has a GF Score™ of 48/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does CHAR Technologies' Debt-to-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, CHAR Technologies ranks #34 out of 213 companies for Debt-to-Equity. This places CHAR Technologies in the top 16% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.62. CHAR Technologies' value of 0.09 is 85.5% below this benchmark. While the company's 10-year median is 0.18 vs. the industry median of 0.62, CHAR Technologies 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 Waste Management company?
The median Debt-to-Equity among Waste Management companies is 0.62, based on 213 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. CHAR Technologies's current Debt-to-Equity of 0.09 is 85.5% 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 CHAR Technologies and its competitors. For the Waste Management industry, the median Debt-to-Equity is 0.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CHAR Technologies's current Debt-to-Equity is 0.09, which is 50% below median its own 10-year median of 0.18. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CHAR Technologies stock overvalued right now?
Based on GuruFocus' analysis, CHAR Technologies (CTRNF) is currently considered Fairly Valued. The stock's GF Value™ is $0.17, compared to a current price of $0.18 — trading 5.9% above its estimated fair value. The current Debt-to-Equity is 0.09, which is 50% below median its 10-year median of 0.18 and 85.5% below the Waste Management industry median of 0.62. CHAR Technologies' overall GF Score™ is 48/100 with 7 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 CHAR Technologies (CTRNF), the current Debt-to-Equity is 0.09 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 CHAR Technologies (CTRNF) Overvalued in 2026?
Based on GuruFocus' analysis, CHAR Technologies stock appears to be overvalued.
The current stock price of $0.18 is trading 5.9% above its estimated GF Value™ of $0.17.
GuruFocus considers CHAR Technologies to be Fairly Valued.
Key valuation signals for CTRNF:
Debt-to-Equity: 0.09 (50% below median its 10-year median of 0.18)
GF Value™: $0.17 vs. price of $0.18 (5.9% above fair value)
Industry Position: 85.5% below the Waste Management median (#34 of 213)
No single metric tells the full story. See the CTRNF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CHAR Technologies Ltd. is a Canada-based cleantech development and environmental services company. The Company is specialized in high temperature pyrolysis (HTP), converting woody biomass and organic materials into renewable energy (renewable natural gas (RNG) or green hydrogen) and valuable biocarbon (biocoal CleanFyre, biochar, or activated biochar SulfaCHAR). Its additional services include environmental compliance, environmental management, engineering and resource efficiency. The Company's subsidiaries include Char Biocarbon Inc., Altech Environmental Consulting Ltd., Char Technologies Thorold Inc., and Char Technologies USA.
48GF Score
Get the complete analysis for CTRNF
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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