Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
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.
Dev AcceleratorNSE:DEVX -1.36%10 Debt-to-Equity is 2.00 as of Mar. 2026, which is 72% below its 10-year median of 7.04. GuruFocus rates NSE:DEVX with a GF Score™ of 10/100. The stock has 4 warning signs investors should review. Among 1,539 Real Estate companies, Dev Accelerator ranks worse than 83.82% 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 Dev Accelerator's Debt-to-Equity or its related term are showing as below:
NSE:DEVX'
s Debt-to-Equity Range Over the Past 10 Years
Min: -40.07 Med: 7.04 Max: 192.37
Current: 2
During the past 5 years, the highest Debt-to-Equity Ratio of Dev Accelerator was 192.37. The lowest was -40.07. And the median was 7.04.
NSE:DEVX's Debt-to-Equity is ranked worse than 83.82% of 1539
companies
in the Real Estate industry
Industry Median: 0.73
vs NSE:DEVX: 2.00
Dev Accelerator (NSE:DEVX) Debt-to-Equity Explanation
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.
Dev Accelerator Debt-to-Equity Related Terms
Dev Accelerator Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Dev Accelerator'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:DEVX vs CBRE, BEKE, JLL: Debt-to-Equity Comparison
For the Real Estate Services subindustry, Dev Accelerator'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.
Dev Accelerator Debt-to-Equity vs Real Estate Industry
For the Real Estate industry and Real Estate sector, Dev Accelerator's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Dev Accelerator'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.
Dev Accelerator (NSE:DEVX) has a Debt-to-Equity of 2.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Dev Accelerator and its competitors. This is 72% below median its historical median of 7.04. According to the industry distribution chart, Dev Accelerator ranks #1290 out of 1539 companies in the Real Estate industry, placing it in the top 83.8%.
Is Dev Accelerator's Debt-to-Equity too high?
Dev Accelerator's current Debt-to-Equity of 2.00 is 72% below median its 10-year median of 7.04. The Real Estate industry median Debt-to-Equity is 0.73. Dev Accelerator's value of 2.00 is 174% above this industry median. Based on the distribution chart, Dev Accelerator ranks #1290 out of 1539 companies in the Real Estate industry, which is in the bottom quartile relative to peers. Overall, Dev Accelerator has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Dev Accelerator's Debt-to-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Dev Accelerator ranks #1290 out of 1539 companies for Debt-to-Equity. This places Dev Accelerator in the lower half of its industry. The industry median Debt-to-Equity is 0.73. Dev Accelerator's value of 2.00 is 174% above this benchmark. While the company's 10-year median is 7.04 vs. the industry median of 0.73, Dev Accelerator 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 0.73, based on 1,539 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. Dev Accelerator's current Debt-to-Equity of 2.00 is 174% 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 Dev Accelerator and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.73 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Dev Accelerator's current Debt-to-Equity is 2.00, which is 72% below median its own 10-year median of 7.04. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Dev Accelerator stock overvalued right now?
Dev Accelerator (NSE:DEVX) has a current Debt-to-Equity of 2.00. The current Debt-to-Equity is 2.00, which is 72% below median its 10-year median of 7.04 and 174% above the Real Estate industry median of 0.73. Dev Accelerator's overall GF Score™ is 10/100 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 Dev Accelerator (NSE:DEVX), the current Debt-to-Equity is 2.00 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.
Dev Accelerator Ltd is one of the flex space operators. Its comprehensive office space solutions include sourcing office spaces, customizing designs, developing spaces and providing technology solutions to providing complete asset management. Its clientele comprises of large corporates, MNCs and SMEs, to whom the company offers a variety of flexible office space solutions such as managed office spaces and coworking spaces as well as design and execution services through its Subsidiary. The flexible workspace solutions provided by the company at its Centers are divided in the following segments: Managed office spaces, Coworking spaces, Design and execution services, Payroll management services, Facility management services, and IT/ITes services.
10GF Score
Get the complete analysis for NSE:DEVX
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
NSE:DEVX has been successfully added to your 
