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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 Horizon Construction Development's Debt-to-Equity or its related term are showing as below:
HRZCF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.65 Med: 1.86 Max: 3.21
Current: 1.86
During the past 6 years, the highest Debt-to-Equity Ratio of Horizon Construction Development was 3.21. The lowest was 1.65. And the median was 1.86.
HRZCF's Debt-to-Equity is ranked worse than 87% of 954
companies
in the Business Services industry
Industry Median: 0.33
vs HRZCF: 1.86
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.
Horizon Construction Development Debt-to-Equity Related Terms
Horizon Construction Development 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.
Horizon Construction Development Debt-to-Equity Chart
HRZCF vs URI, SUNB, AER: Debt-to-Equity Comparison
For the Rental & Leasing Services subindustry, Horizon Construction Development'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.
Horizon Construction Development Debt-to-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Horizon Construction Development's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Horizon Construction Development'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.
Horizon Construction Development (HRZCF) has a Debt-to-Equity of 1.86 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Horizon Construction Development and its competitors. This is near median its historical median of 1.86. Over the past decade, Horizon Construction Development's Debt-to-Equity has ranged from 1.65 to 3.21. According to the industry distribution chart, Horizon Construction Development ranks #830 out of 954 companies in the Business Services industry, placing it in the top 87%.
Is Horizon Construction Development's Debt-to-Equity too high?
Horizon Construction Development's current Debt-to-Equity of 1.86 is near median its 10-year median of 1.86. Over the past 10 years, this metric has ranged from a low of 1.65 to a high of 3.21. The Business Services industry median Debt-to-Equity is 0.33. Horizon Construction Development's value of 1.86 is 463.6% above this industry median. Based on the distribution chart, Horizon Construction Development ranks #830 out of 954 companies in the Business Services industry, which is in the bottom quartile relative to peers. Overall, Horizon Construction Development has a GF Score™ of 82/100, reflecting its overall financial health beyond just this single metric.
How does Horizon Construction Development's Debt-to-Equity compare to URI and SUNB?
According to the Business Services industry distribution chart, Horizon Construction Development ranks #830 out of 954 companies for Debt-to-Equity. This places Horizon Construction Development in the lower half of its industry. The industry median Debt-to-Equity is 0.33. Horizon Construction Development's value of 1.86 is 463.6% above this benchmark. Historically, Horizon Construction Development's own Debt-to-Equity has ranged from 1.65 to 3.21 over the past decade. While the company's 10-year median is 1.86 vs. the industry median of 0.33, Horizon Construction Development 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 Business Services company?
The median Debt-to-Equity among Business Services companies is 0.33, based on 954 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. Horizon Construction Development's current Debt-to-Equity of 1.86 is 463.6% 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 Horizon Construction Development and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Horizon Construction Development's current Debt-to-Equity is 1.86, which is near median its own 10-year median of 1.86. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Horizon Construction Development stock overvalued right now?
Horizon Construction Development (HRZCF) has a current Debt-to-Equity of 1.86. The stock's GF Value™ is $2.08, compared to a current price of $1.30 — trading 37.5% below its estimated fair value. The current Debt-to-Equity is 1.86, which is near median its 10-year median of 1.86 and 463.6% above the Business Services industry median of 0.33. Horizon Construction Development's overall GF Score™ is 82/100 with 9 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 Horizon Construction Development (HRZCF), the current Debt-to-Equity is 1.86 as of Jun. 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 Horizon Construction Development (HRZCF) Overvalued in 2026?
Based on GuruFocus' analysis, Horizon Construction Development stock appears to be undervalued.
The current stock price of $1.30 is trading 37.5% below its estimated GF Value™ of $2.08.
Key valuation signals for HRZCF:
Debt-to-Equity: 1.86 (near median its 10-year median of 1.86)
GF Value™: $2.08 vs. price of $1.30 (37.5% below fair value)
Industry Position: 463.6% above the Business Services median (#830 of 954)
No single metric tells the full story. See the HRZCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Horizon Construction Development Ltd is an equipment operation service provider. The Group is committed to providing one-stop comprehensive solutions of products and services for domestic and overseas clients in the construction and industrial sectors. The company has three reportable operating segments, Operating lease services, Engineering and technical services, and Asset management and other services. A majority of its revenue is generated from the Operating lease services segment that includes aerial work platform, neo-excavation support system, neo-formwork system and other equipment.
82GF 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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