CDS Co (NGO:2169) Debt-to-Equity: 0.03 (As of Jun. 2026) — 57% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

NGO:2169 CDS Co Ltd NGO:2169
69 GF Score
Price 円1,370.00
GF Value 円901.53
! 4 Warning Signs
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What is CDS Co Debt-to-Equity?

CDS Co NGO:2169 69 Debt-to-Equity is 0.03 as of Jun. 2026, which is 57% below its 10-year median of 0.07. GuruFocus rates NGO:2169 with a GF Score™ of 69/100 and a GF Value™ of 円901.53. The stock has 4 warning signs investors should review. Among 2,246 Software companies, CDS Co ranks better than 86.64% on this metric.

CDS Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was 円220 Mil. CDS Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was 円0 Mil. CDS Co's Total Stockholders Equity for the quarter that ended in Jun. 2026 was 円8,871 Mil. CDS Co's debt to equity for the quarter that ended in Jun. 2026 was 0.02.

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

NGO:2169' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.07   Max: 0.17
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of CDS Co was 0.17. The lowest was 0.03. And the median was 0.07.

NGO:2169's Debt-to-Equity is ranked better than
86.64% of 2246 companies
in the Software industry
Industry Median: 0.2 vs NGO:2169: 0.03

CDS Co  (NGO:2169) 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.


CDS Co Debt-to-Equity Related Terms


CDS Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for CDS Co'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.

CDS Co Debt-to-Equity Chart

CDS Co Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.04 0.08 0.07 0.03

CDS Co Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.03 0.03 0.03 0.06 0.03

NGO:2169 vs CRM, SHOP, UBER: Debt-to-Equity Comparison

For the Software - Application subindustry, CDS Co'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.


CDS Co Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, CDS Co's Debt-to-Equity distribution charts can be found below:

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


NGO:2169
69GF Score
CDS Co Ltd NGO:2169
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

CDS Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

CDS Co's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

CDS Co's Debt to Equity Ratio for the quarter that ended in Jun. 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 0.03 mean?
CDS Co (NGO:2169) has a Debt-to-Equity of 0.03 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CDS Co and its competitors. This is 57% below median its historical median of 0.07. Over the past decade, CDS Co's Debt-to-Equity has ranged from 0.03 to 0.17. According to the industry distribution chart, CDS Co ranks #300 out of 2246 companies in the Software industry, placing it in the top 13.4%.
Is CDS Co's Debt-to-Equity too high?
CDS Co's current Debt-to-Equity of 0.03 is 57% below median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.03 to a high of 0.17. The Software industry median Debt-to-Equity is 0.20. CDS Co's value of 0.03 is 85% below this industry median. Based on the distribution chart, CDS Co ranks #300 out of 2246 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, CDS Co has a GF Score™ of 69/100, reflecting its overall financial health beyond just this single metric.
How does CDS Co's Debt-to-Equity compare to CRM and SHOP?
According to the Software industry distribution chart, CDS Co ranks #300 out of 2246 companies for Debt-to-Equity. This places CDS Co in the top 13% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.20. CDS Co's value of 0.03 is 85% below this benchmark. Historically, CDS Co's own Debt-to-Equity has ranged from 0.03 to 0.17 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 0.20, CDS Co 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 Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,246 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. CDS Co's current Debt-to-Equity of 0.03 is 85% 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 CDS Co and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CDS Co's current Debt-to-Equity is 0.03, which is 57% below median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CDS Co stock overvalued right now?
CDS Co (NGO:2169) has a current Debt-to-Equity of 0.03. The stock's GF Value™ is 円901.53, compared to a current price of 円1,370.00 — trading 52% above its estimated fair value. The current Debt-to-Equity is 0.03, which is 57% below median its 10-year median of 0.07 and 85% below the Software industry median of 0.20. CDS Co's overall GF Score™ is 69/100 with 4 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 CDS Co (NGO:2169), the current Debt-to-Equity is 0.03 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 CDS Co (NGO:2169) Overvalued in 2026?

Based on GuruFocus' analysis, CDS Co stock appears to be overvalued. The current stock price of 円1,370.00 is trading 52% above its estimated GF Value™ of 円901.53.

Key valuation signals for NGO:2169:

  • Debt-to-Equity: 0.03 (57% below median its 10-year median of 0.07)
  • GF Value™: 円901.53 vs. price of 円1,370.00 (52% above fair value)
  • GF Score™: 69/100 with 4 warning signs
  • Industry Position: 85% below the Software median (#300 of 2246)

No single metric tells the full story. See the NGO:2169 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


CDS Co Business Description

Other Exchanges 2169:Japan
Address 1-1-17 Meieki, Nishi-ku, Aichi Prefecture, Nagoya, JPN, 444-3511
CDS Co Ltd is engaged in the planning, editing, translation, and publishing of technical publications, building document systems, information processing work, including building databases and creating e-learning content, creating tools, including 3D-CG animation and electronic catalogs, 3D CAD design, modelling services, and computer software development.
69GF Score

Get the complete analysis for NGO:2169

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

円1,370.00
Price
円901.53
GF Value