Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Hansen TechnologiesHANOF +39.06%61 Debt-to-Equity is 0.33 as of Dec. 2025, which is 32% above its 10-year median of 0.25. GuruFocus rates HANOF with a GF Score™ of 61/100 and a GF Value™ of $2.31 (Modestly Overvalued). The stock has 1 warning sign investors should review. Among 2,248 Software companies, Hansen Technologies ranks worse than 61.61% on this metric.
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 Hansen Technologies's Debt-to-Equity or its related term are showing as below:
HANOF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.25 Max: 0.84
Current: 0.33
During the past 13 years, the highest Debt-to-Equity Ratio of Hansen Technologies was 0.84. The lowest was 0.00. And the median was 0.25.
HANOF's Debt-to-Equity is ranked worse than 61.61% of 2248
companies
in the Software industry
Industry Median: 0.19
vs HANOF: 0.33
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.
Hansen Technologies Debt-to-Equity Related Terms
Hansen Technologies Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Hansen Technologies'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.
HANOF vs QH, SHOP, UBER: Debt-to-Equity Comparison
For the Software - Application subindustry, Hansen Technologies'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.
Hansen Technologies Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Hansen Technologies's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Hansen Technologies'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.
Hansen Technologies (HANOF) has a Debt-to-Equity of 0.33 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hansen Technologies and its competitors. This is 32% above median its historical median of 0.25. According to the industry distribution chart, Hansen Technologies ranks #1385 out of 2248 companies in the Software industry, placing it in the top 61.6%.
Is Hansen Technologies' Debt-to-Equity too high?
Hansen Technologies' current Debt-to-Equity of 0.33 is 32% above median its 10-year median of 0.25. The Software industry median Debt-to-Equity is 0.19. Hansen Technologies' value of 0.33 is 73.7% above this industry median. Based on the distribution chart, Hansen Technologies ranks #1385 out of 2248 companies in the Software industry, which is below the industry midpoint. Overall, Hansen Technologies has a GF Score™ of 61/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hansen Technologies' Debt-to-Equity compare to QH and SHOP?
According to the Software industry distribution chart, Hansen Technologies ranks #1385 out of 2248 companies for Debt-to-Equity. This places Hansen Technologies in the lower half of its industry. The industry median Debt-to-Equity is 0.19. Hansen Technologies' value of 0.33 is 73.7% above this benchmark. While the company's 10-year median is 0.25 vs. the industry median of 0.19, Hansen Technologies 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 a Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,248 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. Hansen Technologies's current Debt-to-Equity of 0.33 is 73.7% 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 Hansen Technologies 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. Hansen Technologies's current Debt-to-Equity is 0.33, which is 32% above median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hansen Technologies stock overvalued right now?
Based on GuruFocus' analysis, Hansen Technologies (HANOF) is currently considered Modestly Overvalued. The stock's GF Value™ is $2.31, compared to a current price of $2.67 — trading 15.6% above its estimated fair value. The current Debt-to-Equity is 0.33, which is 32% above median its 10-year median of 0.25 and 73.7% above the Software industry median of 0.19. Hansen Technologies' overall GF Score™ is 61/100 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 Hansen Technologies (HANOF), the current Debt-to-Equity is 0.33 as of Dec. 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.
Is Hansen Technologies (HANOF) Overvalued in 2026?
Based on GuruFocus' analysis, Hansen Technologies stock appears to be overvalued.
The current stock price of $2.67 is trading 15.6% above its estimated GF Value™ of $2.31.
GuruFocus considers Hansen Technologies to be Modestly Overvalued.
Key valuation signals for HANOF:
Debt-to-Equity: 0.33 (32% above median its 10-year median of 0.25)
GF Value™: $2.31 vs. price of $2.67 (15.6% above fair value)
Industry Position: 73.7% above the Software median (#1385 of 2248)
No single metric tells the full story. See the HANOF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Hansen is a technology company providing software and services to the energy and utilities, and communications sectors throughout the developed world. Hansen's products primarily relate to billings and adjacent functions, such as customer quotes, order capture, customer data management, and customer service. Additionally, Hansen has products assisting companies with developing new products, fulfilling orders, and managing various other operational processes.
61GF Score
Get the complete analysis for HANOF
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
HANOF has been successfully added to your 
