Golden Harvest Agro Industries (DHA:GHAIL) Debt-to-Equity: 1.05 (As of Mar. 2026) — 17% Above Median

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DHA:GHAIL Golden Harvest Agro Industries Ltd DHA:GHAIL
77 GF Score
Price BDT14.70
GF Value BDT14.47
Valuation Fairly Valued
! 7 Warning Signs
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What is Golden Harvest Agro Industries Debt-to-Equity?

Golden Harvest Agro Industries DHA:GHAIL -5.16% 77 Debt-to-Equity is 1.05 as of Mar. 2026, which is 17% above its 10-year median of 0.90. GuruFocus rates DHA:GHAIL with a GF Score™ of 77/100 and a GF Value™ of BDT14.47 (Fairly Valued). The stock has 7 warning signs investors should review. Among 1,746 Consumer Packaged Goods companies, Golden Harvest Agro Industries ranks worse than 79.5% on this metric.

Golden Harvest Agro Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was BDT1,144.0 Mil. Golden Harvest Agro Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was BDT1,572.2 Mil. Golden Harvest Agro Industries's Total Stockholders Equity for the quarter that ended in Mar. 2026 was BDT2,598.8 Mil. Golden Harvest Agro Industries's debt to equity for the quarter that ended in Mar. 2026 was 1.05.

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 Golden Harvest Agro Industries's Debt-to-Equity or its related term are showing as below:

DHA:GHAIL' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.55   Med: 0.9   Max: 1.66
Current: 1.05

During the past 12 years, the highest Debt-to-Equity Ratio of Golden Harvest Agro Industries was 1.66. The lowest was 0.55. And the median was 0.90.

DHA:GHAIL's Debt-to-Equity is ranked worse than
79.5% of 1746 companies
in the Consumer Packaged Goods industry
Industry Median: 0.42 vs DHA:GHAIL: 1.05

Golden Harvest Agro Industries  (DHA:GHAIL) 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.


Golden Harvest Agro Industries Debt-to-Equity Related Terms


Golden Harvest Agro Industries Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Golden Harvest Agro Industries'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.

Golden Harvest Agro Industries Debt-to-Equity Chart

Golden Harvest Agro Industries Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.61 0.67 0.72 0.82 0.95

Golden Harvest Agro Industries 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 0.84 0.95 0.99 1.01 1.05

DHA:GHAIL vs KHC, GIS, HRL: Debt-to-Equity Comparison

For the Packaged Foods subindustry, Golden Harvest Agro Industries'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.


Golden Harvest Agro Industries Debt-to-Equity vs Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Golden Harvest Agro Industries's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Golden Harvest Agro Industries's Debt-to-Equity falls into.


DHA:GHAIL
77GF Score
Golden Harvest Agro Industries Ltd DHA:GHAIL
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Golden Harvest Agro Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Golden Harvest Agro Industries's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

Golden Harvest Agro Industries'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 1.05 mean?
Golden Harvest Agro Industries (DHA:GHAIL) has a Debt-to-Equity of 1.05 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Golden Harvest Agro Industries and its competitors. This is 17% above median its historical median of 0.90. Over the past decade, Golden Harvest Agro Industries' Debt-to-Equity has ranged from 0.55 to 1.66. According to the industry distribution chart, Golden Harvest Agro Industries ranks #1388 out of 1746 companies in the Consumer Packaged Goods industry, placing it in the top 79.5%.
Is Golden Harvest Agro Industries' Debt-to-Equity too high?
Golden Harvest Agro Industries' current Debt-to-Equity of 1.05 is 17% above median its 10-year median of 0.90. Over the past 10 years, this metric has ranged from a low of 0.55 to a high of 1.66. The Consumer Packaged Goods industry median Debt-to-Equity is 0.42. Golden Harvest Agro Industries' value of 1.05 is 150% above this industry median. Based on the distribution chart, Golden Harvest Agro Industries ranks #1388 out of 1746 companies in the Consumer Packaged Goods industry, which is in the bottom quartile relative to peers. Overall, Golden Harvest Agro Industries has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Golden Harvest Agro Industries' Debt-to-Equity compare to KHC and GIS?
According to the Consumer Packaged Goods industry distribution chart, Golden Harvest Agro Industries ranks #1388 out of 1746 companies for Debt-to-Equity. This places Golden Harvest Agro Industries in the lower half of its industry. The industry median Debt-to-Equity is 0.42. Golden Harvest Agro Industries' value of 1.05 is 150% above this benchmark. Historically, Golden Harvest Agro Industries' own Debt-to-Equity has ranged from 0.55 to 1.66 over the past decade. While the company's 10-year median is 0.90 vs. the industry median of 0.42, Golden Harvest Agro Industries 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 Consumer Packaged Goods company?
The median Debt-to-Equity among Consumer Packaged Goods companies is 0.42, based on 1,746 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. Golden Harvest Agro Industries's current Debt-to-Equity of 1.05 is 150% 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 Golden Harvest Agro Industries and its competitors. For the Consumer Packaged Goods industry, the median Debt-to-Equity is 0.42 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Golden Harvest Agro Industries's current Debt-to-Equity is 1.05, which is 17% above median its own 10-year median of 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Golden Harvest Agro Industries stock overvalued right now?
Based on GuruFocus' analysis, Golden Harvest Agro Industries (DHA:GHAIL) is currently considered Fairly Valued. The stock's GF Value™ is BDT14.47, compared to a current price of BDT14.70 — trading 1.6% above its estimated fair value. The current Debt-to-Equity is 1.05, which is 17% above median its 10-year median of 0.90 and 150% above the Consumer Packaged Goods industry median of 0.42. Golden Harvest Agro Industries' overall GF Score™ is 77/100 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 Golden Harvest Agro Industries (DHA:GHAIL), the current Debt-to-Equity is 1.05 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 Golden Harvest Agro Industries (DHA:GHAIL) Overvalued in 2026?

Based on GuruFocus' analysis, Golden Harvest Agro Industries stock appears to be overvalued. The current stock price of BDT14.70 is trading 1.6% above its estimated GF Value™ of BDT14.47. GuruFocus considers Golden Harvest Agro Industries to be Fairly Valued.

Key valuation signals for DHA:GHAIL:

  • Debt-to-Equity: 1.05 (17% above median its 10-year median of 0.90)
  • GF Value™: BDT14.47 vs. price of BDT14.70 (1.6% above fair value)
  • GF Score™: 77/100 with 7 warning signs
  • Industry Position: 150% above the Consumer Packaged Goods median (#1388 of 1746)

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


Golden Harvest Agro Industries Business Description

Address 186, Gulshan -Tejgaon Link Road, S/501 & 502, Shanta Western Tower, Level-5, Tejgoan Industrial Area, Dhaka, BGD, 1208
Golden Harvest Agro Industries Ltd engages in owning and controlling a frozen food processing plant. The company offers frozen food products, including vegetables, ready-to-eat foods, finger foods, and other products, as well as ice cream and milk. It is also involved in vegetable processing activities. The company's business activities include growing, procuring, purchasing, processing, packaging, warehousing, transporting, exporting, importing, distributing, and selling its products. The company operates in two segments: frozen snacks and dairy, with the majority of its revenue derived from the frozen snacks segment.
77GF Score

Get the complete analysis for DHA:GHAIL

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

BDT14.70
Price
BDT14.47
GF Value