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 Next Technology Holding's Debt-to-Equity or its related term are showing as below:
During the past 7 years, the highest Debt-to-Equity Ratio of Next Technology Holding was 0.42. The lowest was 0.00. And the median was 0.15.
FRA:ZP9's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.19 * Ranked among companies with meaningful Debt-to-Equity only.
Next Technology Holding (FRA:ZP9) Debt-to-Equity Explanation
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.
Next Technology Holding Debt-to-Equity Related Terms
Next Technology Holding Debt-to-Equity Historical Data
* 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.
FRA:ZP9 vs IDN, FRMM, ILLR: Debt-to-Equity Comparison
For the Software - Application subindustry, Next Technology Holding'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.
Next Technology Holding Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Next Technology Holding's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Next Technology Holding's Debt-to-Equity falls into.
* 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.
Next Technology Holding (FRA:ZP9) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Next Technology Holding and its competitors. According to the industry distribution chart, Next Technology Holding ranks #999999 out of 2240 companies in the Software industry.
Is Next Technology Holding's Debt-to-Equity too high?
Next Technology Holding's current Debt-to-Equity is 0.00. Based on the distribution chart, Next Technology Holding ranks #999999 out of 2240 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Next Technology Holding has a GF Score™ of 28/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Next Technology Holding's Debt-to-Equity compare to IDN and FRMM?
According to the Software industry distribution chart, Next Technology Holding ranks #999999 out of 2240 companies for Debt-to-Equity. This places Next Technology Holding in the lower half of its industry. The industry median Debt-to-Equity is 0.19. 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 2,240 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 Next Technology Holding 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. Next Technology Holding's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next Technology Holding stock overvalued right now?
Based on GuruFocus' analysis, Next Technology Holding (FRA:ZP9) is currently considered Possible Value Trap. The stock's GF Value™ is €5.21, compared to a current price of €0.93 — trading 82.2% below its estimated fair value. The current Debt-to-Equity is 0.00. Next Technology Holding's overall GF Score™ is 28/100 with 1 warning sign 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 Next Technology Holding (FRA:ZP9), the current Debt-to-Equity is 0.00 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 Next Technology Holding (FRA:ZP9) Overvalued in 2026?
Based on GuruFocus' analysis, Next Technology Holding stock appears to be undervalued.
The current stock price of €0.93 is trading 82.2% below its estimated GF Value™ of €5.21.
GuruFocus considers Next Technology Holding to be Possible Value Trap.
Key valuation signals for FRA:ZP9:
Debt-to-Equity: 0.00
GF Value™: €5.21 vs. price of €0.93 (82.2% below fair value)
No single metric tells the full story. See the FRA:ZP9 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Next Technology Holding Inc provides software development services. It provides artificial intelligence (AI) enabled software development services to customers in Hong Kong, Singapore, Malaysia, Japan, and other Asian countries, which include developing, designing, and implementing various Software-as-a-Service (SaaS) software solutions for businesses of all types, including industrials and other businesses. Its designs, develops and deploys software platforms that integrate cloud computing, data analytics and AI-driven algorithms to support enterprises across diverse industries. Its products include Smart Cloud Collaboration Platform, AI-Enabled Data Analytics and Decision Support, Fully Automated Workflow, Comprehensive Security and Compliance Assurance, among others.
28GF Score
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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