GLKFF (Cleantek Industries) Debt-to-Equity: 3.27 (As of Mar. 2026) — 47% Below Median

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GLKFF Cleantek Industries Inc GLKFF
50 GF Score
Price $0.58
GF Value $0.24
! 4 Warning Signs
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What is Cleantek Industries Debt-to-Equity?

Cleantek Industries GLKFF 50 Debt-to-Equity is 3.27 as of Mar. 2026, which is 47% below its 10-year median of 6.20. GuruFocus rates GLKFF with a GF Score™ of 50/100 and a GF Value™ of $0.24. The stock has 4 warning signs investors should review. Among 2,682 Industrial Products companies, Cleantek Industries ranks worse than 98.47% on this metric.

Cleantek Industries's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $1.85 Mil. Cleantek Industries's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $5.53 Mil. Cleantek Industries's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $2.26 Mil. Cleantek Industries's debt to equity for the quarter that ended in Mar. 2026 was 3.27.

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

GLKFF' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.99   Med: 6.2   Max: 41.58
Current: 3.27

During the past 6 years, the highest Debt-to-Equity Ratio of Cleantek Industries was 41.58. The lowest was -1.99. And the median was 6.20.

GLKFF's Debt-to-Equity is ranked worse than
98.47% of 2682 companies
in the Industrial Products industry
Industry Median: 0.28 vs GLKFF: 3.27

Cleantek Industries  (OTCPK:GLKFF) 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.


Cleantek Industries Debt-to-Equity Related Terms


Cleantek Industries Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Cleantek 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.

Cleantek Industries Debt-to-Equity Chart

Cleantek Industries Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 1.86 6.96 29.27 7.35 3.74

Cleantek 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 5.69 6.38 5.21 3.74 3.27

GLKFF vs GEV, ETN, PH: Debt-to-Equity Comparison

For the Specialty Industrial Machinery subindustry, Cleantek 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.


Cleantek Industries Debt-to-Equity vs Industrial Products Industry

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

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


GLKFF
50GF Score
Cleantek Industries Inc GLKFF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Cleantek Industries Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Cleantek 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 3.27 mean?
Cleantek Industries (GLKFF) has a Debt-to-Equity of 3.27 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Cleantek Industries and its competitors. This is 47% below median its historical median of 6.20. According to the industry distribution chart, Cleantek Industries ranks #2641 out of 2682 companies in the Industrial Products industry, placing it in the top 98.5%.
Is Cleantek Industries' Debt-to-Equity too high?
Cleantek Industries' current Debt-to-Equity of 3.27 is 47% below median its 10-year median of 6.20. The Industrial Products industry median Debt-to-Equity is 0.28. Cleantek Industries' value of 3.27 is 1067.9% above this industry median. Based on the distribution chart, Cleantek Industries ranks #2641 out of 2682 companies in the Industrial Products industry, which is in the bottom quartile relative to peers. Overall, Cleantek Industries has a GF Score™ of 50/100, reflecting its overall financial health beyond just this single metric.
How does Cleantek Industries' Debt-to-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, Cleantek Industries ranks #2641 out of 2682 companies for Debt-to-Equity. This places Cleantek Industries in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Cleantek Industries' value of 3.27 is 1067.9% above this benchmark. While the company's 10-year median is 6.20 vs. the industry median of 0.28, Cleantek 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 2,682 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. Cleantek Industries's current Debt-to-Equity of 3.27 is 1067.9% 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 Cleantek 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. Cleantek Industries's current Debt-to-Equity is 3.27, which is 47% below median its own 10-year median of 6.20. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cleantek Industries stock overvalued right now?
Cleantek Industries (GLKFF) has a current Debt-to-Equity of 3.27. The stock's GF Value™ is $0.24, compared to a current price of $0.58 — trading 141.7% above its estimated fair value. The current Debt-to-Equity is 3.27, which is 47% below median its 10-year median of 6.20 and 1067.9% above the Industrial Products industry median of 0.28. Cleantek Industries' overall GF Score™ is 50/100 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 Cleantek Industries (GLKFF), the current Debt-to-Equity is 3.27 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 Cleantek Industries (GLKFF) Overvalued in 2026?

Based on GuruFocus' analysis, Cleantek Industries stock appears to be overvalued. The current stock price of $0.58 is trading 141.7% above its estimated GF Value™ of $0.24.

Key valuation signals for GLKFF:

  • Debt-to-Equity: 3.27 (47% below median its 10-year median of 6.20)
  • GF Value™: $0.24 vs. price of $0.58 (141.7% above fair value)
  • GF Score™: 50/100 with 4 warning signs
  • Industry Position: 1067.9% above the Industrial Products median (#2641 of 2682)

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


Cleantek Industries Business Description

Other Exchanges CTEK:Canada
Address 520 5th Avenue SW, Suite 1210, Calgary, AB, CAN, T2P 3R7
Cleantek Industries Inc is engaged in the manufacturing and rental of equipment to the oil and gas and construction industries in Western Canada and the United States. Its products include ZeroE, Halo, DZeroE, and SolarHybrid.Li, SolarHybrid, and Stadium Lighting among others. The company's revenue is generated from the rental and service of dehydration units, lighting towers, and lighting systems based on fixed or agreed-upon service contracts with the customer.
50GF Score

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$0.58
Price
$0.24
GF Value