EAF (GrafTech International) Debt-to-Equity: -3.60 (As of Mar. 2026)

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EAF GrafTech International Ltd EAF
49 GF Score
Price $6.81
GF Value $13.32
Valuation Possible Value Trap
! 4 Warning Signs
View Full Analysis

What is GrafTech International Debt-to-Equity?

GrafTech International EAF +4.45% 49 Debt-to-Equity is -3.60 as of Mar. 2026. GuruFocus rates EAF with a GF Score™ of 49/100 and a GF Value™ of $13.32 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 2,682 Industrial Products companies, GrafTech International ranks worse than 37285.57% on this metric.

GrafTech International's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.0 Mil. GrafTech International's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1,096.7 Mil. GrafTech International's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-304.4 Mil. GrafTech International's debt to equity for the quarter that ended in Mar. 2026 was -3.60.

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

EAF' s Debt-to-Equity Range Over the Past 10 Years
Min: -103.3   Med: -2.17   Max: 57.16
Current: -3.6

During the past 13 years, the highest Debt-to-Equity Ratio of GrafTech International was 57.16. The lowest was -103.30. And the median was -2.17.

EAF's Debt-to-Equity is not ranked
in the Industrial Products industry.
Industry Median: 0.28 vs EAF: -3.60

GrafTech International  (NYSE:EAF) 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.


GrafTech International Debt-to-Equity Related Terms


GrafTech International Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for GrafTech International'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.

GrafTech International Debt-to-Equity Chart

GrafTech International Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.00 2.73 11.83 -13.78 -4.22

GrafTech International 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 -10.34 -6.48 -5.62 -4.22 -3.60

EAF vs ESP, TGEN, UTKN: Debt-to-Equity Comparison

For the Electrical Equipment & Parts subindustry, GrafTech International'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.


GrafTech International Debt-to-Equity vs Industrial Products Industry

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

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


EAF
49GF Score
GrafTech International Ltd EAF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

GrafTech International Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

GrafTech International's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

GrafTech International'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 -3.60 mean?
GrafTech International (EAF) has a Debt-to-Equity of -3.60 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on GrafTech International and its competitors. According to the industry distribution chart, GrafTech International ranks #999999 out of 2682 companies in the Industrial Products industry.
Is GrafTech International's Debt-to-Equity too high?
GrafTech International's current Debt-to-Equity is -3.60. Based on the distribution chart, GrafTech International ranks #999999 out of 2682 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, GrafTech International has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does GrafTech International's Debt-to-Equity compare to ESP and TGEN?
According to the Industrial Products industry distribution chart, GrafTech International ranks #999999 out of 2682 companies for Debt-to-Equity. This places GrafTech International in the lower half of its industry. The industry median Debt-to-Equity is 0.28. 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 2,682 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. 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 GrafTech International 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. GrafTech International's current Debt-to-Equity is -3.60. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is GrafTech International stock overvalued right now?
Based on GuruFocus' analysis, GrafTech International (EAF) is currently considered Possible Value Trap. The stock's GF Value™ is $13.32, compared to a current price of $6.81 — trading 48.9% below its estimated fair value. The current Debt-to-Equity is -3.60. GrafTech International's overall GF Score™ is 49/100 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 GrafTech International (EAF), the current Debt-to-Equity is -3.60 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 GrafTech International (EAF) Overvalued in 2026?

Based on GuruFocus' analysis, GrafTech International stock appears to be undervalued. The current stock price of $6.81 is trading 48.9% below its estimated GF Value™ of $13.32. GuruFocus considers GrafTech International to be Possible Value Trap.

Key valuation signals for EAF:

  • Debt-to-Equity: -3.60
  • GF Value™: $13.32 vs. price of $6.81 (48.9% below fair value)
  • GF Score™: 49/100 with 4 warning signs

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


GrafTech International Business Description

Other Exchanges EAF:MexicoG6G0:Germany
Address 982 Keynote Circle, Brooklyn Heights, Independence, OH, USA, 44131
GrafTech International Ltd is a manufacturer of high-quality graphite electrode products essential to the production of EAF steel and other ferrous and non-ferrous metals. The company has only reportable segment, Industrial Materials, is comprised of its two product categories: graphite electrodes and petroleum needle coke products used as raw material in the production of graphite electrodes.
49GF Score

Get the complete analysis for EAF

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

$6.81
Price
$13.32
GF Value