ENCPW (Graphjet Technology) Debt-to-Equity: -0.17 (As of Sep. 2025)

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What is Graphjet Technology Debt-to-Equity?

Graphjet Technology ENCPW 9 Debt-to-Equity is -0.17 as of Sep. 2025. GuruFocus rates ENCPW with a GF Score™ of 9/100. The stock has 5 warning signs investors should review. Among 1,223 Metals & Mining companies, Graphjet Technology ranks worse than 81766.07% on this metric.

Graphjet Technology's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $1.85 Mil. Graphjet Technology's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2025 was $0.00 Mil. Graphjet Technology's Total Stockholders Equity for the quarter that ended in Sep. 2025 was $-10.87 Mil. Graphjet Technology's debt to equity for the quarter that ended in Sep. 2025 was -0.17.

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

ENCPW' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.57   Med: -0.12   Max: -0.05
Current: -0.17

During the past 5 years, the highest Debt-to-Equity Ratio of Graphjet Technology was -0.05. The lowest was -1.57. And the median was -0.12.

ENCPW's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.14 vs ENCPW: -0.17

Graphjet Technology  (NAS:ENCPW) 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.

Graphjet Technology Debt-to-Equity Related Terms

Graphjet Technology Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Graphjet Technology'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.

Graphjet Technology Debt-to-Equity Chart

Graphjet Technology Annual Data
Trend Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
0.00 -1.57 -0.07 -0.05 -0.17

Graphjet Technology Quarterly Data
Sep21 Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25
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 -0.05 -0.06 -0.06 -0.09 -0.17

Graphjet Technology Debt-to-Equity Competitor Comparison

For the Other Industrial Metals & Mining subindustry, Graphjet Technology'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.

Graphjet Technology Debt-to-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Graphjet Technology's Debt-to-Equity distribution charts can be found below:

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


Graphjet Technology Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Graphjet Technology's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1.85 + 0) / -10.874
=-0.17

Graphjet Technology's Debt to Equity Ratio for the quarter that ended in Sep. 2025 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(1.85 + 0) / -10.874
=-0.17

* 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 -0.17 mean?
Graphjet Technology (ENCPW) has a Debt-to-Equity of -0.17 as of Sep. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Graphjet Technology and its competitors. According to the industry distribution chart, Graphjet Technology ranks #999999 out of 1223 companies in the Metals & Mining industry.
Is Graphjet Technology's Debt-to-Equity too high?
Graphjet Technology's current Debt-to-Equity is -0.17. Based on the distribution chart, Graphjet Technology ranks #999999 out of 1223 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Graphjet Technology has a GF Score™ of 9/100, reflecting its overall financial health beyond just this single metric.
How does Graphjet Technology's Debt-to-Equity compare to competitors?
According to the Metals & Mining industry distribution chart, Graphjet Technology ranks #999999 out of 1223 companies for Debt-to-Equity. This places Graphjet Technology in the lower half of its industry. The industry median Debt-to-Equity is 0.14. 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 Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.14, based on 1,223 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 Graphjet Technology and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.14 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Graphjet Technology's current Debt-to-Equity is -0.17. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Graphjet Technology stock overvalued right now?
Graphjet Technology (ENCPW) has a current Debt-to-Equity of -0.17. The current Debt-to-Equity is -0.17. Graphjet Technology's overall GF Score™ is 9/100 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 Graphjet Technology (ENCPW), the current Debt-to-Equity is -0.17 as of Sep. 2025. 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.

Graphjet Technology Business Description

Other Exchanges GTIJF:USA
Address Kampung Baru Subang, Lot 3895, Lorong 6D, Seksyen U6, Shah Alam, SGR, MYS, 40150
Graphjet Technology is the owner of a technology for the manufacture of artificial graphene and graphite, critical raw materials used in a variety of industries. The company's technology converts palm kernel shells, an abundant agricultural byproduct, into artificial graphene and graphite. The company has only one geographic operating location in Malaysia.