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H2O RetailingHTOCF 69 Debt-to-Equity is 0.46 as of Mar. 2026, which is 28% below its 10-year median of 0.64. GuruFocus rates HTOCF with a GF Score™ of 69/100 and a GF Value™ of $7.44. The stock has 5 warning signs investors should review. Among 282 Retail - Defensive companies, H2O Retailing ranks better than 53.19% 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 H2O Retailing's Debt-to-Equity or its related term are showing as below:
HTOCF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.46 Med: 0.64 Max: 0.88
Current: 0.46
During the past 13 years, the highest Debt-to-Equity Ratio of H2O Retailing was 0.88. The lowest was 0.46. And the median was 0.64.
HTOCF's Debt-to-Equity is ranked better than 53.19% of 282
companies
in the Retail - Defensive industry
Industry Median: 0.55
vs HTOCF: 0.46
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.
H2O Retailing Debt-to-Equity Related Terms
H2O Retailing Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for H2O Retailing'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.
For the Grocery Stores subindustry, H2O Retailing'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.
H2O Retailing Debt-to-Equity vs Retail - Defensive Industry
For the Retail - Defensive industry and Consumer Defensive sector, H2O Retailing's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where H2O Retailing'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.
H2O Retailing (HTOCF) has a Debt-to-Equity of 0.46 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on H2O Retailing and its competitors. This is 28% below median its historical median of 0.64. Over the past decade, H2O Retailing's Debt-to-Equity has ranged from 0.46 to 0.88. According to the industry distribution chart, H2O Retailing ranks #132 out of 282 companies in the Retail - Defensive industry, placing it in the top 46.8%.
Is H2O Retailing's Debt-to-Equity too high?
H2O Retailing's current Debt-to-Equity of 0.46 is 28% below median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.46 to a high of 0.88. The Retail - Defensive industry median Debt-to-Equity is 0.55. H2O Retailing's value of 0.46 is 16.4% below this industry median. Based on the distribution chart, H2O Retailing ranks #132 out of 282 companies in the Retail - Defensive industry, which is above the industry midpoint. Overall, H2O Retailing has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does H2O Retailing's Debt-to-Equity compare to KR?
According to the Retail - Defensive industry distribution chart, H2O Retailing ranks #132 out of 282 companies for Debt-to-Equity. This puts H2O Retailing in the upper half of its industry. The industry median Debt-to-Equity is 0.55. H2O Retailing's value of 0.46 is 16.4% below this benchmark. Historically, H2O Retailing's own Debt-to-Equity has ranged from 0.46 to 0.88 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.55, H2O Retailing has consistently been below 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 Retail - Defensive company?
The median Debt-to-Equity among Retail - Defensive companies is 0.55, based on 282 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. H2O Retailing's current Debt-to-Equity of 0.46 is 16.4% below 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 H2O Retailing and its competitors. For the Retail - Defensive industry, the median Debt-to-Equity is 0.55 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H2O Retailing's current Debt-to-Equity is 0.46, which is 28% below median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H2O Retailing stock overvalued right now?
H2O Retailing (HTOCF) has a current Debt-to-Equity of 0.46. The stock's GF Value™ is $7.44, compared to a current price of $10.00 — trading 34.4% above its estimated fair value. The current Debt-to-Equity is 0.46, which is 28% below median its 10-year median of 0.64 and 16.4% below the Retail - Defensive industry median of 0.55. H2O Retailing's overall GF Score™ is 69/100 with 5 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 H2O Retailing (HTOCF), the current Debt-to-Equity is 0.46 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 H2O Retailing (HTOCF) Overvalued in 2026?
Based on GuruFocus' analysis, H2O Retailing stock appears to be overvalued.
The current stock price of $10.00 is trading 34.4% above its estimated GF Value™ of $7.44.
Key valuation signals for HTOCF:
Debt-to-Equity: 0.46 (28% below median its 10-year median of 0.64)
GF Value™: $7.44 vs. price of $10.00 (34.4% above fair value)
Industry Position: 16.4% below the Retail - Defensive median (#132 of 282)
No single metric tells the full story. See the HTOCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
H2O Retailing Corp is a Japan-based retailer that provides a broad range of merchandise to meet consumers' needs, from daily needs to special products. The company's core business is the department store business, which includes both the Hankyu and Hanshin department store chains. Superstore business is the company's another major business arm, including the Izumiya and Hankyu Oasis store chains. H2O Retailing also runs a specialty store business, engaged in providing cosmetics, ladies' footwear, and other products and services. In addition to retail businesses, the company operates other businesses as well, such as hotels and restaurants.
69GF Score
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