Race Eco Chain (NSE:RACE) Debt-to-Equity: N/A (As of Jun. 2026)

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NSE:RACE Race Eco Chain Ltd NSE:RACE
74 GF Score
Price ₹102.53
GF Value ₹441.92
Valuation Significantly Undervalued
! 3 Warning Signs
View Full Analysis

What is Race Eco Chain Debt-to-Equity?

Race Eco Chain's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Race Eco Chain's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was ₹0 Mil. Race Eco Chain's Total Stockholders Equity for the quarter that ended in Jun. 2026 was ₹0 Mil.

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 Race Eco Chain's Debt-to-Equity or its related term are showing as below:

NSE:RACE' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.26   Med: 0.37   Max: 1.91
Current: 1.22

During the past 13 years, the highest Debt-to-Equity Ratio of Race Eco Chain was 1.91. The lowest was 0.26. And the median was 0.37.

NSE:RACE's Debt-to-Equity is ranked worse than
80.93% of 215 companies
in the Waste Management industry
Industry Median: 0.59 vs NSE:RACE: 1.22

Race Eco Chain  (NSE:RACE) 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.

Race Eco Chain Debt-to-Equity Related Terms

Race Eco Chain Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Race Eco Chain'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.

Race Eco Chain Debt-to-Equity Chart

Race Eco Chain Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.26 0.75 1.91 0.86 1.22

Race Eco Chain Quarterly Data
Mar21 Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 N/A 0.98 N/A 1.22 N/A

NSE:RACE vs WM, RSG, WCN: Debt-to-Equity Comparison

For the Waste Management subindustry, Race Eco Chain'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.

Race Eco Chain Debt-to-Equity vs Waste Management Industry

For the Waste Management industry and Industrials sector, Race Eco Chain's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Race Eco Chain's Debt-to-Equity falls into.


NSE:RACE
74GF Score
Race Eco Chain Ltd NSE:RACE
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Race Eco Chain Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Race Eco Chain's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(884.527 + 15.958) / 741.276
=1.21

Race Eco Chain's Debt to Equity Ratio for the quarter that ended in Jun. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0
=N/A

* 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.

Is Race Eco Chain (NSE:RACE) Overvalued in 2026?

Based on GuruFocus' analysis, Race Eco Chain stock appears to be undervalued. The current stock price of ₹102.53 is trading 76.8% below its estimated GF Value™ of ₹441.92. GuruFocus considers Race Eco Chain to be Significantly Undervalued.

Key valuation signals for NSE:RACE:

  • Debt-to-Equity: N/A
  • GF Value™: ₹441.92 vs. price of ₹102.53 (76.8% below fair value)
  • GF Score™: 74/100 with 3 warning signs

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

Race Eco Chain Business Description

Other Exchanges 537785:India
Address Sahibabad Industrial Area, 56/33, Site-IV, Ghaziabad, UP, IND, 201010
Race Eco Chain Ltd is engaged in the collection and supply of recyclable waste to recyclers who eventually convert the waste into useful products. It is also involved in the manufacturing of recycled products. The company's segments are Recycle Division; Restore Division; Biomass Division and It Division. It generates the majority of its revenue from the Recycle Division.
74GF Score

Get the complete analysis for NSE:RACE

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

₹102.53
Price
₹441.92
GF Value