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Global Heavy ChemicalsDHA:GHCL -2.17%59 Debt-to-Equity is 0.22 as of Mar. 2026, which is 83% above its 10-year median of 0.12. GuruFocus rates DHA:GHCL with a GF Score™ of 59/100 and a GF Value™ of BDT4.98 (Significantly Overvalued). The stock has 9 warning signs investors should review. Among 1,419 Chemicals companies, Global Heavy Chemicals ranks better than 63.07% 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 Global Heavy Chemicals's Debt-to-Equity or its related term are showing as below:
DHA:GHCL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.12 Max: 0.32
Current: 0.22
During the past 13 years, the highest Debt-to-Equity Ratio of Global Heavy Chemicals was 0.32. The lowest was 0.01. And the median was 0.12.
DHA:GHCL's Debt-to-Equity is ranked better than 63.07% of 1419
companies
in the Chemicals industry
Industry Median: 0.35
vs DHA:GHCL: 0.22
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.
Global Heavy Chemicals Debt-to-Equity Related Terms
Global Heavy Chemicals Debt-to-Equity Historical Data
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The historical data trend for Global Heavy Chemicals'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 Chemicals subindustry, Global Heavy Chemicals'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.
Global Heavy Chemicals Debt-to-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Global Heavy Chemicals's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Global Heavy Chemicals'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.
Global Heavy Chemicals (DHA:GHCL) has a Debt-to-Equity of 0.22 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Global Heavy Chemicals and its competitors. This is 83% above median its historical median of 0.12. Over the past decade, Global Heavy Chemicals' Debt-to-Equity has ranged from 0.01 to 0.32. According to the industry distribution chart, Global Heavy Chemicals ranks #524 out of 1419 companies in the Chemicals industry, placing it in the top 36.9%.
Is Global Heavy Chemicals' Debt-to-Equity too high?
Global Heavy Chemicals' current Debt-to-Equity of 0.22 is 83% above median its 10-year median of 0.12. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.32. The Chemicals industry median Debt-to-Equity is 0.35. Global Heavy Chemicals' value of 0.22 is 37.1% below this industry median. Based on the distribution chart, Global Heavy Chemicals ranks #524 out of 1419 companies in the Chemicals industry, which is above the industry midpoint. Overall, Global Heavy Chemicals has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Global Heavy Chemicals' Debt-to-Equity compare to DOW?
According to the Chemicals industry distribution chart, Global Heavy Chemicals ranks #524 out of 1419 companies for Debt-to-Equity. This puts Global Heavy Chemicals in the upper half of its industry. The industry median Debt-to-Equity is 0.35. Global Heavy Chemicals' value of 0.22 is 37.1% below this benchmark. Historically, Global Heavy Chemicals' own Debt-to-Equity has ranged from 0.01 to 0.32 over the past decade. While the company's 10-year median is 0.12 vs. the industry median of 0.35, Global Heavy Chemicals 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 Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.35, based on 1,419 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. Global Heavy Chemicals's current Debt-to-Equity of 0.22 is 37.1% 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 Global Heavy Chemicals and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.35 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Global Heavy Chemicals's current Debt-to-Equity is 0.22, which is 83% above median its own 10-year median of 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Heavy Chemicals stock overvalued right now?
Based on GuruFocus' analysis, Global Heavy Chemicals (DHA:GHCL) is currently considered Significantly Overvalued. The stock's GF Value™ is BDT4.98, compared to a current price of BDT22.50 — trading 351.8% above its estimated fair value. The current Debt-to-Equity is 0.22, which is 83% above median its 10-year median of 0.12 and 37.1% below the Chemicals industry median of 0.35. Global Heavy Chemicals' overall GF Score™ is 59/100 with 9 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 Global Heavy Chemicals (DHA:GHCL), the current Debt-to-Equity is 0.22 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 Global Heavy Chemicals (DHA:GHCL) Overvalued in 2026?
Based on GuruFocus' analysis, Global Heavy Chemicals stock appears to be overvalued.
The current stock price of BDT22.50 is trading 351.8% above its estimated GF Value™ of BDT4.98.
GuruFocus considers Global Heavy Chemicals to be Significantly Overvalued.
Key valuation signals for DHA:GHCL:
Debt-to-Equity: 0.22 (83% above median its 10-year median of 0.12)
GF Value™: BDT4.98 vs. price of BDT22.50 (351.8% above fair value)
Industry Position: 37.1% below the Chemicals median (#524 of 1419)
No single metric tells the full story. See the DHA:GHCL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Global Heavy Chemicals Ltd is Bangladesh-Based a chemical manufacturing company. The principal business activity of the company is to manufacture and distribute Sodium hydroxide, Chlorine and other chemical products. Its product portfolio includes certain brands for retail purposes such as Clotech Liquid Bleach, Tuffclean Tiles Cleaner and others.
59GF Score
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