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Canarys AutomationsNSE:CANARYS -4.60%19 Debt-to-Equity is 0.14 as of Sep. 2025, which is at its 10-year median of 0.14. GuruFocus rates NSE:CANARYS with a GF Score™ of 19/100. The stock has 1 warning sign investors should review. Among 2,239 Software companies, Canarys Automations ranks better than 59% 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 Canarys Automations's Debt-to-Equity or its related term are showing as below:
NSE:CANARYS'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08 Med: 0.14 Max: 0.56
Current: 0.14
During the past 5 years, the highest Debt-to-Equity Ratio of Canarys Automations was 0.56. The lowest was 0.08. And the median was 0.14.
NSE:CANARYS's Debt-to-Equity is ranked better than 59% of 2239
companies
in the Software industry
Industry Median: 0.2
vs NSE:CANARYS: 0.14
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.
Canarys Automations Debt-to-Equity Related Terms
Canarys Automations Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Canarys Automations'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.
NSE:CANARYS vs IBM, ACN, CTSH: Debt-to-Equity Comparison
For the Information Technology Services subindustry, Canarys Automations'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.
Canarys Automations Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Canarys Automations's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Canarys Automations'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.
Canarys Automations (NSE:CANARYS) has a Debt-to-Equity of 0.14 as of Sep. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Canarys Automations and its competitors. This is near median its historical median of 0.14. Over the past decade, Canarys Automations' Debt-to-Equity has ranged from 0.08 to 0.56. According to the industry distribution chart, Canarys Automations ranks #918 out of 2239 companies in the Software industry, placing it in the top 41%.
Is Canarys Automations' Debt-to-Equity too high?
Canarys Automations' current Debt-to-Equity of 0.14 is near median its 10-year median of 0.14. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 0.56. The Software industry median Debt-to-Equity is 0.20. Canarys Automations' value of 0.14 is 30% below this industry median. Based on the distribution chart, Canarys Automations ranks #918 out of 2239 companies in the Software industry, which is above the industry midpoint. Overall, Canarys Automations has a GF Score™ of 19/100, reflecting its overall financial health beyond just this single metric.
How does Canarys Automations' Debt-to-Equity compare to IBM and ACN?
According to the Software industry distribution chart, Canarys Automations ranks #918 out of 2239 companies for Debt-to-Equity. This puts Canarys Automations in the upper half of its industry. The industry median Debt-to-Equity is 0.20. Canarys Automations' value of 0.14 is 30% below this benchmark. Historically, Canarys Automations' own Debt-to-Equity has ranged from 0.08 to 0.56 over the past decade. While the company's 10-year median is 0.14 vs. the industry median of 0.20, Canarys Automations 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 2,239 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. Canarys Automations's current Debt-to-Equity of 0.14 is 30% 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 Canarys Automations 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. Canarys Automations's current Debt-to-Equity is 0.14, which is near median its own 10-year median of 0.14. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Canarys Automations stock overvalued right now?
Canarys Automations (NSE:CANARYS) has a current Debt-to-Equity of 0.14. The current Debt-to-Equity is 0.14, which is near median its 10-year median of 0.14 and 30% below the Software industry median of 0.20. Canarys Automations' overall GF Score™ is 19/100 with 1 warning sign 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 Canarys Automations (NSE:CANARYS), the current Debt-to-Equity is 0.14 as of Sep. 2025. 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.
Canarys Automations Ltd is an IT solutions provider specializing in enabling digital transformation for businesses through its software solutions in the areas of Digitalization, Modernization, Automation, and Intelligence. The company's solutions include Digital Transformation, Digital DevOps, Digital Assurance, Telemetry, Water Resources Management, and Cloud IT, and are delivered across industry sectors such as BFSI, Retail, Healthcare, Pharmaceutical, Manufacturing, and Insurance. it operates through two segments, Technology Solutions and Water Resource Management Solutions, with the majority of its revenue generated from the Technology Solutions segment. The company's revenue is generated from India sales, which contribute the maximum revenue, and international sales.
19GF Score
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