NEXTAGE Co (NGO:3186) Debt-to-Equity: 1.37 (As of May. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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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:3186 NEXTAGE Co Ltd NGO:3186
92 GF Score
Price 円3,430.00
GF Value 円3,430.28
! 5 Warning Signs
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What is NEXTAGE Co Debt-to-Equity?

NEXTAGE Co NGO:3186 92 Debt-to-Equity is 1.37 as of May. 2026, which is 9% below its 10-year median of 1.51. GuruFocus rates NGO:3186 with a GF Score™ of 92/100 and a GF Value™ of 円3,430.28. The stock has 5 warning signs investors should review. Among 1,223 Vehicles & Parts companies, NEXTAGE Co ranks worse than 84.46% on this metric.

NEXTAGE Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was 円42,968 Mil. NEXTAGE Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in May. 2026 was 円73,242 Mil. NEXTAGE Co's Total Stockholders Equity for the quarter that ended in May. 2026 was 円84,793 Mil. NEXTAGE Co's debt to equity for the quarter that ended in May. 2026 was 1.37.

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

NGO:3186' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.92   Med: 1.51   Max: 2.45
Current: 1.37

During the past 13 years, the highest Debt-to-Equity Ratio of NEXTAGE Co was 2.45. The lowest was 0.92. And the median was 1.51.

NGO:3186's Debt-to-Equity is ranked worse than
84.46% of 1223 companies
in the Vehicles & Parts industry
Industry Median: 0.46 vs NGO:3186: 1.37

NEXTAGE Co  (NGO:3186) 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.


NEXTAGE Co Debt-to-Equity Related Terms


NEXTAGE Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for NEXTAGE 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.

NEXTAGE Co Debt-to-Equity Chart

NEXTAGE Co Annual Data
Trend Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.24 1.36 1.16 1.51 1.22

NEXTAGE Co Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.58 1.50 1.22 1.25 1.37

NGO:3186 vs CVNA, PAG, ALTB: Debt-to-Equity Comparison

For the Auto & Truck Dealerships subindustry, NEXTAGE 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.


NEXTAGE Co Debt-to-Equity vs Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, NEXTAGE Co's Debt-to-Equity distribution charts can be found below:

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


NGO:3186
92GF Score
NEXTAGE Co Ltd NGO:3186
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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NEXTAGE Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

NEXTAGE Co's Debt to Equity Ratio for the quarter that ended in May. 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 1.37 mean?
NEXTAGE Co (NGO:3186) has a Debt-to-Equity of 1.37 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NEXTAGE Co and its competitors. This is near median its historical median of 1.51. Over the past decade, NEXTAGE Co's Debt-to-Equity has ranged from 0.92 to 2.45. According to the industry distribution chart, NEXTAGE Co ranks #1033 out of 1223 companies in the Vehicles & Parts industry, placing it in the top 84.5%.
Is NEXTAGE Co's Debt-to-Equity too high?
NEXTAGE Co's current Debt-to-Equity of 1.37 is near median its 10-year median of 1.51. Over the past 10 years, this metric has ranged from a low of 0.92 to a high of 2.45. The Vehicles & Parts industry median Debt-to-Equity is 0.46. NEXTAGE Co's value of 1.37 is 197.8% above this industry median. Based on the distribution chart, NEXTAGE Co ranks #1033 out of 1223 companies in the Vehicles & Parts industry, which is in the bottom quartile relative to peers. Overall, NEXTAGE Co has a GF Score™ of 92/100, reflecting its overall financial health beyond just this single metric.
How does NEXTAGE Co's Debt-to-Equity compare to CVNA and PAG?
According to the Vehicles & Parts industry distribution chart, NEXTAGE Co ranks #1033 out of 1223 companies for Debt-to-Equity. This places NEXTAGE Co in the lower half of its industry. The industry median Debt-to-Equity is 0.46. NEXTAGE Co's value of 1.37 is 197.8% above this benchmark. Historically, NEXTAGE Co's own Debt-to-Equity has ranged from 0.92 to 2.45 over the past decade. While the company's 10-year median is 1.51 vs. the industry median of 0.46, NEXTAGE Co 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 Vehicles & Parts company?
The median Debt-to-Equity among Vehicles & Parts companies is 0.46, based on 1,223 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. NEXTAGE Co's current Debt-to-Equity of 1.37 is 197.8% 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 NEXTAGE Co and its competitors. For the Vehicles & Parts industry, the median Debt-to-Equity is 0.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NEXTAGE Co's current Debt-to-Equity is 1.37, which is near median its own 10-year median of 1.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NEXTAGE Co stock overvalued right now?
NEXTAGE Co (NGO:3186) has a current Debt-to-Equity of 1.37. The stock's GF Value™ is 円3,430.28, compared to a current price of 円3,430.00 — trading 0% below its estimated fair value. The current Debt-to-Equity is 1.37, which is near median its 10-year median of 1.51 and 197.8% above the Vehicles & Parts industry median of 0.46. NEXTAGE Co's overall GF Score™ is 92/100 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 NEXTAGE Co (NGO:3186), the current Debt-to-Equity is 1.37 as of May. 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 NEXTAGE Co (NGO:3186) Overvalued in 2026?

Based on GuruFocus' analysis, NEXTAGE Co stock appears to be undervalued. The current stock price of 円3,430.00 is trading 0% below its estimated GF Value™ of 円3,430.28.

Key valuation signals for NGO:3186:

  • Debt-to-Equity: 1.37 (near median its 10-year median of 1.51)
  • GF Value™: 円3,430.28 vs. price of 円3,430.00 (0% below fair value)
  • GF Score™: 92/100 with 5 warning signs
  • Industry Position: 197.8% above the Vehicles & Parts median (#1033 of 1223)

No single metric tells the full story. See the NGO:3186 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NEXTAGE Co Business Description

Other Exchanges 3186:Japan
Address 1-26-8 Aoi Higashi-ku, Aichi Prefecture, Nagoya, JPN, 461-0004
NEXTAGE Co Ltd is principally engaged in the dealing of used cars. It is primarily involved in operation, maintenance, insurance agency and automobile dealing of retails used domestic cars as well as sells imported cars and SUV/vans. In addition, the company operates an automobile maintenance business.
92GF Score

Get the complete analysis for NGO:3186

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

円3,430.00
Price
円3,430.28
GF Value