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.
Exim RoutesNSE:EXIMROUTES -8.01%21 Debt-to-Equity is 0.23 as of Mar. 2026, which is 68% below its 10-year median of 0.72. GuruFocus rates NSE:EXIMROUTES with a GF Score™ of 21/100. The stock has 3 warning signs investors should review. Among 218 Waste Management companies, Exim Routes ranks better than 74.31% 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 Exim Routes's Debt-to-Equity or its related term are showing as below:
NSE:EXIMROUTES'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22 Med: 0.72 Max: 4.54
Current: 0.23
During the past 4 years, the highest Debt-to-Equity Ratio of Exim Routes was 4.54. The lowest was 0.22. And the median was 0.72.
NSE:EXIMROUTES's Debt-to-Equity is ranked better than 74.31% of 218
companies
in the Waste Management industry
Industry Median: 0.58
vs NSE:EXIMROUTES: 0.23
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.
Exim Routes Debt-to-Equity Related Terms
Exim Routes Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Exim Routes'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.
Exim Routes Debt-to-Equity Chart
Exim Routes Annual Data
Trend
Mar23
Mar24
Mar25
Mar26
Debt-to-Equity
4.54
0.89
0.20
0.23
Exim Routes Semi-Annual Data
Sep25
Mar26
Debt-to-Equity
0.36
0.23
NSE:EXIMROUTES vs WM, RSG, WCN: Debt-to-Equity Comparison
For the Waste Management subindustry, Exim Routes'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.
Exim Routes Debt-to-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Exim Routes's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Exim Routes'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.
Exim Routes (NSE:EXIMROUTES) has a Debt-to-Equity of 0.23 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Exim Routes and its competitors. This is 68% below median its historical median of 0.72. Over the past decade, Exim Routes' Debt-to-Equity has ranged from 0.22 to 4.54. According to the industry distribution chart, Exim Routes ranks #56 out of 218 companies in the Waste Management industry, placing it in the top 25.7%.
Is Exim Routes' Debt-to-Equity too high?
Exim Routes' current Debt-to-Equity of 0.23 is 68% below median its 10-year median of 0.72. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 4.54. The Waste Management industry median Debt-to-Equity is 0.58. Exim Routes' value of 0.23 is 60.3% below this industry median. Based on the distribution chart, Exim Routes ranks #56 out of 218 companies in the Waste Management industry, which is above the industry midpoint. Overall, Exim Routes has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Exim Routes' Debt-to-Equity compare to WM and RSG?
According to the Waste Management industry distribution chart, Exim Routes ranks #56 out of 218 companies for Debt-to-Equity. This puts Exim Routes in the upper half of its industry. The industry median Debt-to-Equity is 0.58. Exim Routes' value of 0.23 is 60.3% below this benchmark. Historically, Exim Routes' own Debt-to-Equity has ranged from 0.22 to 4.54 over the past decade. While the company's 10-year median is 0.72 vs. the industry median of 0.58, Exim Routes 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 Waste Management company?
The median Debt-to-Equity among Waste Management companies is 0.58, based on 218 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. Exim Routes's current Debt-to-Equity of 0.23 is 60.3% 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 Exim Routes and its competitors. For the Waste Management industry, the median Debt-to-Equity is 0.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Exim Routes's current Debt-to-Equity is 0.23, which is 68% below median its own 10-year median of 0.72. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Exim Routes stock overvalued right now?
Exim Routes (NSE:EXIMROUTES) has a current Debt-to-Equity of 0.23. The current Debt-to-Equity is 0.23, which is 68% below median its 10-year median of 0.72 and 60.3% below the Waste Management industry median of 0.58. Exim Routes' overall GF Score™ is 21/100 with 3 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 Exim Routes (NSE:EXIMROUTES), the current Debt-to-Equity is 0.23 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.
Exim Routes Ltd operates as a platform facilitating the exchange of recyclable paper materials, providing services to Indian paper mills that include sourcing and procurement of waste paper, quality assurance, and logistics. To support its operations, it has developed the Exim Routes Intelligence System (ERIS), an AI-powered B2B digital platform designed to perform four primary functions: Supply Chain Operations and Offer Management, Customer and Partner Enablement, Market Intelligence and Data Layer, and Logistics Integration.
21GF Score
Get the complete analysis for NSE:EXIMROUTES
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:EXIMROUTES has been successfully added to your 
