ECX (ECARX Holdings) Debt-to-Equity: -2.04 (As of Mar. 2026)

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ECX ECARX Holdings Inc ECX
66 GF Score
Price $0.98
GF Value $2.25
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is ECARX Holdings Debt-to-Equity?

ECARX Holdings ECX -1.00% 66 Debt-to-Equity is -2.04 as of Mar. 2026. GuruFocus rates ECX with a GF Score™ of 66/100 and a GF Value™ of $2.25 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 1,217 Vehicles & Parts companies, ECARX Holdings ranks worse than 82169.19% on this metric.

ECARX Holdings's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $404.6 Mil. ECARX Holdings's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $121.9 Mil. ECARX Holdings's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-258.7 Mil. ECARX Holdings's debt to equity for the quarter that ended in Mar. 2026 was -2.04.

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

ECX' s Debt-to-Equity Range Over the Past 10 Years
Min: -8.04   Med: -1.61   Max: -0.26
Current: -2.04

During the past 6 years, the highest Debt-to-Equity Ratio of ECARX Holdings was -0.26. The lowest was -8.04. And the median was -1.61.

ECX's Debt-to-Equity is not ranked
in the Vehicles & Parts industry.
Industry Median: 0.46 vs ECX: -2.04

ECARX Holdings  (NAS:ECX) 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.


ECARX Holdings Debt-to-Equity Related Terms


ECARX Holdings Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for ECARX Holdings'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.

ECARX Holdings Debt-to-Equity Chart

ECARX Holdings Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial -0.26 -8.04 -1.97 -1.22 -1.61

ECARX Holdings Quarterly Data
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 -1.66 -1.34 -1.34 -1.61 -2.04

ECX vs CPS, MNRO, MVST: Debt-to-Equity Comparison

For the Auto Parts subindustry, ECARX Holdings'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.


ECARX Holdings Debt-to-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, ECARX Holdings's Debt-to-Equity distribution charts can be found below:

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


ECX
66GF Score
ECARX Holdings Inc ECX
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

ECARX Holdings Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

ECARX Holdings'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 -2.04 mean?
ECARX Holdings (ECX) has a Debt-to-Equity of -2.04 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ECARX Holdings and its competitors. According to the industry distribution chart, ECARX Holdings ranks #999999 out of 1217 companies in the Vehicles & Parts industry.
Is ECARX Holdings' Debt-to-Equity too high?
ECARX Holdings' current Debt-to-Equity is -2.04. Based on the distribution chart, ECARX Holdings ranks #999999 out of 1217 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, ECARX Holdings has a GF Score™ of 66/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ECARX Holdings' Debt-to-Equity compare to CPS and MNRO?
According to the Vehicles & Parts industry distribution chart, ECARX Holdings ranks #999999 out of 1217 companies for Debt-to-Equity. This places ECARX Holdings in the lower half of its industry. The industry median Debt-to-Equity is 0.46. 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 Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,217 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 ECARX Holdings and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ECARX Holdings's current Debt-to-Equity is -2.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ECARX Holdings stock overvalued right now?
Based on GuruFocus' analysis, ECARX Holdings (ECX) is currently considered Possible Value Trap. The stock's GF Value™ is $2.25, compared to a current price of $0.98 — trading 56.3% below its estimated fair value. The current Debt-to-Equity is -2.04. ECARX Holdings' overall GF Score™ is 66/100 with 6 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 ECARX Holdings (ECX), the current Debt-to-Equity is -2.04 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 ECARX Holdings (ECX) Overvalued in 2026?

Based on GuruFocus' analysis, ECARX Holdings stock appears to be undervalued. The current stock price of $0.98 is trading 56.3% below its estimated GF Value™ of $2.25. GuruFocus considers ECARX Holdings to be Possible Value Trap.

Key valuation signals for ECX:

  • Debt-to-Equity: -2.04
  • GF Value™: $2.25 vs. price of $0.98 (56.3% below fair value)
  • GF Score™: 66/100 with 6 warning signs

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


ECARX Holdings Business Description

Other Exchanges QH0:Germany
Address 1 St. Katharine\'s Way, London, GBR, E1W 1UN
ECARX Holdings Inc is engaged in the sales of system-on-chip core modules, automotive computing platform products, and software stacks as well as the provision of research and development services in the Peoples Republic of China. The companies core products include infotainment head units, digital cockpits, vehicle chip-set solutions, a core operating system, and an integrated software stack. Beyond this, ECARX is developing a full-stack automotive computing platform. It is engaged in automotive intelligence and networking.
66GF Score

Get the complete analysis for ECX

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

$0.98
Price
$2.25
GF Value