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First Capital EquitiesKAR:FCEL -0.40%25 Debt-to-Equity is 1.29 as of Mar. 2026, which is 45% below its 10-year median of 2.36. GuruFocus rates KAR:FCEL with a GF Score™ of 25/100. Among 1,542 Real Estate companies, First Capital Equities ranks worse than 69.84% 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 First Capital Equities's Debt-to-Equity or its related term are showing as below:
KAR:FCEL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 1.02 Med: 2.36 Max: 37.8
Current: 1.29
During the past 13 years, the highest Debt-to-Equity Ratio of First Capital Equities was 37.80. The lowest was 1.02. And the median was 2.36.
KAR:FCEL's Debt-to-Equity is ranked worse than 69.84% of 1542
companies
in the Real Estate industry
Industry Median: 0.75
vs KAR:FCEL: 1.29
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.
First Capital Equities Debt-to-Equity Related Terms
First Capital Equities Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for First Capital Equities'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.
KAR:FCEL vs CBRE, BEKE, JLL: Debt-to-Equity Comparison
For the Real Estate Services subindustry, First Capital Equities'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.
First Capital Equities Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, First Capital Equities's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where First Capital Equities'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.
First Capital Equities (KAR:FCEL) has a Debt-to-Equity of 1.29 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on First Capital Equities and its competitors. This is 45% below median its historical median of 2.36. Over the past decade, First Capital Equities' Debt-to-Equity has ranged from 1.02 to 37.80. According to the industry distribution chart, First Capital Equities ranks #1077 out of 1542 companies in the Real Estate industry, placing it in the top 69.8%.
Is First Capital Equities' Debt-to-Equity too high?
First Capital Equities' current Debt-to-Equity of 1.29 is 45% below median its 10-year median of 2.36. Over the past 10 years, this metric has ranged from a low of 1.02 to a high of 37.80. The Real Estate industry median Debt-to-Equity is 0.75. First Capital Equities' value of 1.29 is 72% above this industry median. Based on the distribution chart, First Capital Equities ranks #1077 out of 1542 companies in the Real Estate industry, which is below the industry midpoint. Overall, First Capital Equities has a GF Score™ of 25/100, reflecting its overall financial health beyond just this single metric.
How does First Capital Equities' Debt-to-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, First Capital Equities ranks #1077 out of 1542 companies for Debt-to-Equity. This places First Capital Equities in the lower half of its industry. The industry median Debt-to-Equity is 0.75. First Capital Equities' value of 1.29 is 72% above this benchmark. Historically, First Capital Equities' own Debt-to-Equity has ranged from 1.02 to 37.80 over the past decade. While the company's 10-year median is 2.36 vs. the industry median of 0.75, First Capital Equities 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 Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.75, based on 1,542 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. First Capital Equities's current Debt-to-Equity of 1.29 is 72% 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 First Capital Equities and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. First Capital Equities's current Debt-to-Equity is 1.29, which is 45% below median its own 10-year median of 2.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is First Capital Equities stock overvalued right now?
First Capital Equities (KAR:FCEL) has a current Debt-to-Equity of 1.29. The current Debt-to-Equity is 1.29, which is 45% below median its 10-year median of 2.36 and 72% above the Real Estate industry median of 0.75. First Capital Equities' overall GF Score™ is 25/100. 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 First Capital Equities (KAR:FCEL), the current Debt-to-Equity is 1.29 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.
First Capital Equities Ltd is engaged in acquiring, constructing, developing, selling, rent out, and managing shops, apartments, villas, and commercial buildings.
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