Kurita Water Industries (FRA:KWI) Debt-to-Equity: 0.29 (As of Mar. 2026) — 32% Above Median

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FRA:KWI Kurita Water Industries Ltd FRA:KWI
90 GF Score
Price €47.36
GF Value €34.45
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Kurita Water Industries Debt-to-Equity?

Kurita Water Industries FRA:KWI +6.33% 90 Debt-to-Equity is 0.29 as of Mar. 2026, which is 32% above its 10-year median of 0.22. GuruFocus rates FRA:KWI with a GF Score™ of 90/100 and a GF Value™ of €34.45 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 2,680 Industrial Products companies, Kurita Water Industries ranks worse than 50.26% on this metric.

Kurita Water Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €113 Mil. Kurita Water Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was €427 Mil. Kurita Water Industries's Total Stockholders Equity for the quarter that ended in Mar. 2026 was €1,860 Mil. Kurita Water Industries's debt to equity for the quarter that ended in Mar. 2026 was 0.29.

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 Kurita Water Industries's Debt-to-Equity or its related term are showing as below:

FRA:KWI' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.02   Med: 0.22   Max: 0.34
Current: 0.29

During the past 13 years, the highest Debt-to-Equity Ratio of Kurita Water Industries was 0.34. The lowest was 0.02. And the median was 0.22.

FRA:KWI's Debt-to-Equity is ranked worse than
50.26% of 2680 companies
in the Industrial Products industry
Industry Median: 0.28 vs FRA:KWI: 0.29

Kurita Water Industries  (FRA:KWI) 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.


Kurita Water Industries Debt-to-Equity Related Terms


Kurita Water Industries Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Kurita Water Industries'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.

Kurita Water Industries Debt-to-Equity Chart

Kurita Water Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.22 0.34 0.31 0.28 0.29

Kurita Water Industries 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 0.28 0.31 0.32 0.32 0.29

FRA:KWI vs VLTO, ZWS, CECO: Debt-to-Equity Comparison

For the Pollution & Treatment Controls subindustry, Kurita Water Industries'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.


Kurita Water Industries Debt-to-Equity vs Industrial Products Industry

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

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


FRA:KWI
90GF Score
Kurita Water Industries Ltd FRA:KWI
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Kurita Water Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kurita Water Industries's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Kurita Water Industries'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 0.29 mean?
Kurita Water Industries (FRA:KWI) has a Debt-to-Equity of 0.29 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kurita Water Industries and its competitors. This is 32% above median its historical median of 0.22. Over the past decade, Kurita Water Industries' Debt-to-Equity has ranged from 0.02 to 0.34. According to the industry distribution chart, Kurita Water Industries ranks #1347 out of 2680 companies in the Industrial Products industry, placing it in the top 50.3%.
Is Kurita Water Industries' Debt-to-Equity too high?
Kurita Water Industries' current Debt-to-Equity of 0.29 is 32% above median its 10-year median of 0.22. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.34. The Industrial Products industry median Debt-to-Equity is 0.28. Kurita Water Industries' value of 0.29 is 3.6% above this industry median. Based on the distribution chart, Kurita Water Industries ranks #1347 out of 2680 companies in the Industrial Products industry, which is below the industry midpoint. Overall, Kurita Water Industries has a GF Score™ of 90/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kurita Water Industries' Debt-to-Equity compare to VLTO and ZWS?
According to the Industrial Products industry distribution chart, Kurita Water Industries ranks #1347 out of 2680 companies for Debt-to-Equity. This places Kurita Water Industries in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Kurita Water Industries' value of 0.29 is 3.6% above this benchmark. Historically, Kurita Water Industries' own Debt-to-Equity has ranged from 0.02 to 0.34 over the past decade. While the company's 10-year median is 0.22 vs. the industry median of 0.28, Kurita Water Industries has consistently been above 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,680 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. Kurita Water Industries's current Debt-to-Equity of 0.29 is 3.6% above 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 Kurita Water Industries 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. Kurita Water Industries's current Debt-to-Equity is 0.29, which is 32% above median its own 10-year median of 0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kurita Water Industries stock overvalued right now?
Based on GuruFocus' analysis, Kurita Water Industries (FRA:KWI) is currently considered Significantly Overvalued. The stock's GF Value™ is €34.45, compared to a current price of €47.36 — trading 37.5% above its estimated fair value. The current Debt-to-Equity is 0.29, which is 32% above median its 10-year median of 0.22 and 3.6% above the Industrial Products industry median of 0.28. Kurita Water Industries' overall GF Score™ is 90/100 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 Kurita Water Industries (FRA:KWI), the current Debt-to-Equity is 0.29 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 Kurita Water Industries (FRA:KWI) Overvalued in 2026?

Based on GuruFocus' analysis, Kurita Water Industries stock appears to be overvalued. The current stock price of €47.36 is trading 37.5% above its estimated GF Value™ of €34.45. GuruFocus considers Kurita Water Industries to be Significantly Overvalued.

Key valuation signals for FRA:KWI:

  • Debt-to-Equity: 0.29 (32% above median its 10-year median of 0.22)
  • GF Value™: €34.45 vs. price of €47.36 (37.5% above fair value)
  • GF Score™: 90/100 with 6 warning signs
  • Industry Position: 3.6% above the Industrial Products median (#1347 of 2680)

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


Kurita Water Industries Business Description

Address 10-1 Nakano 4-chome, Nakano Central Park East, Nakano-ku, Tokyo, JPN, 164-0001
Kurita Water Industries Ltd. is a provider of water treatment solutions in Japan. It operates through two segments: the Electronic market and the General water treatment market. The company provides a wide range of water treatment chemicals, systems, and services, including wastewater and ultrapure water solutions, facility maintenance, and environmental remediation, serving both industrial and household needs.
90GF Score

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

€47.36
Price
€34.45
GF Value