D2L (DTLIF) Debt-to-Equity: 0.13 (As of Apr. 2026) — 24% Below Median

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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.

DTLIF D2L Inc DTLIF
71 GF Score
Price $7.28
GF Value $10.05
Valuation Modestly Undervalued
! 5 Warning Signs
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What is D2L Debt-to-Equity?

D2L DTLIF -0.95% 71 Debt-to-Equity is 0.13 as of Apr. 2026, which is 24% below its 10-year median of 0.17. GuruFocus rates DTLIF with a GF Score™ of 71/100 and a GF Value™ of $10.05 (Modestly Undervalued). The stock has 5 warning signs investors should review. Among 2,245 Software companies, D2L ranks better than 59.29% on this metric.

D2L's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $1.6 Mil. D2L's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $9.7 Mil. D2L's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $85.7 Mil. D2L's debt to equity for the quarter that ended in Apr. 2026 was 0.13.

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 D2L's Debt-to-Equity or its related term are showing as below:

DTLIF' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.03   Med: 0.17   Max: 0.24
Current: 0.13

During the past 8 years, the highest Debt-to-Equity Ratio of D2L was 0.24. The lowest was -0.03. And the median was 0.17.

DTLIF's Debt-to-Equity is ranked better than
59.29% of 2245 companies
in the Software industry
Industry Median: 0.19 vs DTLIF: 0.13

D2L  (OTCPK:DTLIF) 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.


D2L Debt-to-Equity Related Terms


D2L Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for D2L'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.

D2L Debt-to-Equity Chart

D2L Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Debt-to-Equity
Get a 7-Day Free Trial 0.03 0.24 0.22 0.13 0.14

D2L Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.14 0.14 0.13 0.14 0.13

DTLIF vs UBER, SHOP, CRM: Debt-to-Equity Comparison

For the Software - Application subindustry, D2L'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.


D2L Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, D2L's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where D2L's Debt-to-Equity falls into.


DTLIF
71GF Score
D2L Inc DTLIF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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D2L Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

D2L's Debt to Equity Ratio for the fiscal year that ended in Jan. 2026 is calculated as

D2L's Debt to Equity Ratio for the quarter that ended in Apr. 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 0.13 mean?
D2L (DTLIF) has a Debt-to-Equity of 0.13 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on D2L and its competitors. This is 24% below median its historical median of 0.17. According to the industry distribution chart, D2L ranks #914 out of 2245 companies in the Software industry, placing it in the top 40.7%.
Is D2L's Debt-to-Equity too high?
D2L's current Debt-to-Equity of 0.13 is 24% below median its 10-year median of 0.17. The Software industry median Debt-to-Equity is 0.19. D2L's value of 0.13 is 31.6% below this industry median. Based on the distribution chart, D2L ranks #914 out of 2245 companies in the Software industry, which is above the industry midpoint. Overall, D2L has a GF Score™ of 71/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does D2L's Debt-to-Equity compare to UBER and SHOP?
According to the Software industry distribution chart, D2L ranks #914 out of 2245 companies for Debt-to-Equity. This puts D2L in the upper half of its industry. The industry median Debt-to-Equity is 0.19. D2L's value of 0.13 is 31.6% below this benchmark. While the company's 10-year median is 0.17 vs. the industry median of 0.19, D2L 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 Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,245 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. D2L's current Debt-to-Equity of 0.13 is 31.6% 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 D2L 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. D2L's current Debt-to-Equity is 0.13, which is 24% below median its own 10-year median of 0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D2L stock overvalued right now?
Based on GuruFocus' analysis, D2L (DTLIF) is currently considered Modestly Undervalued. The stock's GF Value™ is $10.05, compared to a current price of $7.28 — trading 27.6% below its estimated fair value. The current Debt-to-Equity is 0.13, which is 24% below median its 10-year median of 0.17 and 31.6% below the Software industry median of 0.19. D2L's overall GF Score™ is 71/100 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 D2L (DTLIF), the current Debt-to-Equity is 0.13 as of Apr. 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 D2L (DTLIF) Overvalued in 2026?

Based on GuruFocus' analysis, D2L stock appears to be undervalued. The current stock price of $7.28 is trading 27.6% below its estimated GF Value™ of $10.05. GuruFocus considers D2L to be Modestly Undervalued.

Key valuation signals for DTLIF:

  • Debt-to-Equity: 0.13 (24% below median its 10-year median of 0.17)
  • GF Value™: $10.05 vs. price of $7.28 (27.6% below fair value)
  • GF Score™: 71/100 with 5 warning signs
  • Industry Position: 31.6% below the Software median (#914 of 2245)

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


D2L Business Description

Other Exchanges NE5:GermanyDTOL:Canada
Address 137 Glasgow Street, Suite 560, Kitchener, ON, CAN, N2G 4X8
D2L Inc is a learning innovation company. It provides cloud-based learning software for higher education institutions, kindergarten to grade 12 (K-12) schools and districts, and private sector enterprises. The company serves K-12, higher education, associations, and the corporate sector. Its product includes D2L Brightspace and D2L Wave. Geographically, It operates in United States, Canada and Rest of the World, where it derives maximum revenue from United States.
71GF Score

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

$7.28
Price
$10.05
GF Value