HAPYF (Happinet) Debt-to-Equity: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
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.

HAPYF Happinet Corp HAPYF
93 GF Score
Price $10.88
GF Value $9.57
View Full Analysis

What is Happinet Debt-to-Equity?

Happinet HAPYF 93 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates HAPYF with a GF Score™ of 93/100 and a GF Value™ of $9.57. Among 1,022 Retail - Cyclical companies, Happinet ranks worse than 97847.26% on this metric.

Happinet's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0 Mil. Happinet's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0 Mil. Happinet's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $380 Mil. Happinet's debt to equity for the quarter that ended in Mar. 2026 was 0.00.

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

HAPYF's Debt-to-Equity is not ranked *
in the Retail - Cyclical industry.
Industry Median: 0.56
* Ranked among companies with meaningful Debt-to-Equity only.

Happinet  (OTCPK:HAPYF) 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.


Happinet Debt-to-Equity Related Terms


Happinet Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Happinet'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.

Happinet Debt-to-Equity Chart

Happinet 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 0.00 0.00 0.00 0.00 0.00

Happinet 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 0.00 0.00 0.00 0.00 0.00

HAPYF vs CASY, WSM, ULTA: Debt-to-Equity Comparison

For the Specialty Retail subindustry, Happinet'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.


Happinet Debt-to-Equity vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Happinet's Debt-to-Equity distribution charts can be found below:

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


HAPYF
93GF Score
Happinet Corp HAPYF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Happinet Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Happinet'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 0.00 mean?
Happinet (HAPYF) 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 Happinet and its competitors. According to the industry distribution chart, Happinet ranks #999999 out of 1022 companies in the Retail - Cyclical industry.
Is Happinet's Debt-to-Equity too high?
Happinet's current Debt-to-Equity is 0.00. Based on the distribution chart, Happinet ranks #999999 out of 1022 companies in the Retail - Cyclical industry, which is in the bottom quartile relative to peers. Overall, Happinet has a GF Score™ of 93/100, reflecting its overall financial health beyond just this single metric.
How does Happinet's Debt-to-Equity compare to CASY and WSM?
According to the Retail - Cyclical industry distribution chart, Happinet ranks #999999 out of 1022 companies for Debt-to-Equity. This places Happinet in the lower half of its industry. The industry median Debt-to-Equity is 0.56. 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 Retail - Cyclical company?
The median Debt-to-Equity among Retail - Cyclical companies is 0.56, based on 1,022 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 Happinet and its competitors. For the Retail - Cyclical industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Happinet'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 Happinet stock overvalued right now?
Happinet (HAPYF) has a current Debt-to-Equity of 0.00. The stock's GF Value™ is $9.57, compared to a current price of $10.88 — trading 13.6% above its estimated fair value. The current Debt-to-Equity is 0.00. Happinet's overall GF Score™ is 93/100. 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 Happinet (HAPYF), 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 Happinet (HAPYF) Overvalued in 2026?

Based on GuruFocus' analysis, Happinet stock appears to be overvalued. The current stock price of $10.88 is trading 13.6% above its estimated GF Value™ of $9.57.

Key valuation signals for HAPYF:

  • Debt-to-Equity: 0.00
  • GF Value™: $9.57 vs. price of $10.88 (13.6% above fair value)
  • GF Score™: 93/100

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


Happinet Business Description

Other Exchanges 7552:Japan
Address 2-4-5, Komagata, Komagata CA Building, Taito-ku, Tokyo, JPN, 111-0043
Happinet Corp is engaged in the distribution of toys in the Japanese market. It operates through five business segments namely Toy, Visual and Music, Video Game, Amusement and Logistics Function. In addition, it plans, manufactures, and sells toys; and plans develops, and sells audio-visual software and video game hardware and software. Business activity is of the group is primarily functioned through Japan and it derives the majority its revenue through Toy segment.
93GF Score

Get the complete analysis for HAPYF

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

$10.88
Price
$9.57
GF Value