Numeral (JSE:XII) Debt-to-Equity: 5.57 (As of Feb. 2026)

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JSE:XII Numeral Ltd JSE:XII
19 GF Score
Price R0.30
! 7 Warning Signs
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What is Numeral Debt-to-Equity?

Numeral JSE:XII 19 Debt-to-Equity is 5.57 as of Feb. 2026. GuruFocus rates JSE:XII with a GF Score™ of 19/100. The stock has 7 warning signs investors should review. Among 811 Drug Manufacturers companies, Numeral ranks worse than 98.4% on this metric.

Numeral's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was R0.37 Mil. Numeral's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was R66.09 Mil. Numeral's Total Stockholders Equity for the quarter that ended in Feb. 2026 was R11.93 Mil. Numeral's debt to equity for the quarter that ended in Feb. 2026 was 5.57.

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

JSE:XII' s Debt-to-Equity Range Over the Past 10 Years
Min: -4.15   Med: -0.73   Max: 5.57
Current: 5.57

During the past 13 years, the highest Debt-to-Equity Ratio of Numeral was 5.57. The lowest was -4.15. And the median was -0.73.

JSE:XII's Debt-to-Equity is ranked worse than
98.4% of 811 companies
in the Drug Manufacturers industry
Industry Median: 0.28 vs JSE:XII: 5.57

Numeral  (JSE:XII) 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.


Numeral Debt-to-Equity Related Terms


Numeral Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Numeral'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.

Numeral Debt-to-Equity Chart

Numeral Annual Data
Trend Dec15 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24 Feb25 Feb26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.76 -0.81 -0.71 -4.15 5.57

Numeral Quarterly Data
Nov20 Feb21 Aug21 Nov21 Feb22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -4.15 -5.09 -5.86 -5.66 5.57

JSE:XII vs ZTS, UTHR, VTRS: Debt-to-Equity Comparison

For the Drug Manufacturers - Specialty & Generic subindustry, Numeral'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.


Numeral Debt-to-Equity vs Drug Manufacturers Industry

For the Drug Manufacturers industry and Healthcare sector, Numeral's Debt-to-Equity distribution charts can be found below:

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


JSE:XII
19GF Score
Numeral Ltd JSE:XII
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Numeral Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Numeral's Debt to Equity Ratio for the quarter that ended in Feb. 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 5.57 mean?
Numeral (JSE:XII) has a Debt-to-Equity of 5.57 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Numeral and its competitors. According to the industry distribution chart, Numeral ranks #798 out of 811 companies in the Drug Manufacturers industry, placing it in the top 98.4%.
Is Numeral's Debt-to-Equity too high?
Numeral's current Debt-to-Equity is 5.57. The Drug Manufacturers industry median Debt-to-Equity is 0.28. Numeral's value of 5.57 is 1889.3% above this industry median. Based on the distribution chart, Numeral ranks #798 out of 811 companies in the Drug Manufacturers industry, which is in the bottom quartile relative to peers. Overall, Numeral has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Numeral's Debt-to-Equity compare to ZTS and UTHR?
According to the Drug Manufacturers industry distribution chart, Numeral ranks #798 out of 811 companies for Debt-to-Equity. This places Numeral in the lower half of its industry. The industry median Debt-to-Equity is 0.28. Numeral's value of 5.57 is 1889.3% above this benchmark. 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 Drug Manufacturers company?
The median Debt-to-Equity among Drug Manufacturers companies is 0.28, based on 811 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. Numeral's current Debt-to-Equity of 5.57 is 1889.3% 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 Numeral and its competitors. For the Drug Manufacturers 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. Numeral's current Debt-to-Equity is 5.57. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Numeral stock overvalued right now?
Numeral (JSE:XII) has a current Debt-to-Equity of 5.57. The current Debt-to-Equity is 5.57 and 1889.3% above the Drug Manufacturers industry median of 0.28. Numeral's overall GF Score™ is 19/100 with 7 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 Numeral (JSE:XII), the current Debt-to-Equity is 5.57 as of Feb. 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.

Numeral Business Description

Other Exchanges NXII.N0000:Mauritius
Address Sayed Hossen Road, Unit 13 Socota Phoenicia, Phoenix, MUS
Numeral Ltd is an investment holding company based in Mauritius with a focus on fintech, biotechnology, and asset management. Geographically it has a presence in countries across Africa, Europe and Asia. The majority of its revenue is generated in the form of Trading income.
19GF 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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