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United Heat TransferNSE:UHTL -0.77%16 Debt-to-Equity is 0.31 as of Sep. 2025, which is 83% below its 10-year median of 1.81. GuruFocus rates NSE:UHTL with a GF Score™ of 16/100. The stock has 2 warning signs investors should review. Among 2,678 Industrial Products companies, United Heat Transfer ranks worse than 52.35% 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 United Heat Transfer's Debt-to-Equity or its related term are showing as below:
NSE:UHTL'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.31 Med: 1.81 Max: 3.13
Current: 0.31
During the past 4 years, the highest Debt-to-Equity Ratio of United Heat Transfer was 3.13. The lowest was 0.31. And the median was 1.81.
NSE:UHTL's Debt-to-Equity is ranked worse than 52.35% of 2678
companies
in the Industrial Products industry
Industry Median: 0.28
vs NSE:UHTL: 0.31
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.
United Heat Transfer Debt-to-Equity Related Terms
United Heat Transfer Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for United Heat Transfer'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:UHTL vs GEV, ETN, PH: Debt-to-Equity Comparison
For the Specialty Industrial Machinery subindustry, United Heat Transfer'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.
United Heat Transfer Debt-to-Equity vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, United Heat Transfer's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where United Heat Transfer'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.
United Heat Transfer (NSE:UHTL) has a Debt-to-Equity of 0.31 as of Sep. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on United Heat Transfer and its competitors. This is 83% below median its historical median of 1.81. Over the past decade, United Heat Transfer's Debt-to-Equity has ranged from 0.31 to 3.13. According to the industry distribution chart, United Heat Transfer ranks #1402 out of 2678 companies in the Industrial Products industry, placing it in the top 52.4%.
Is United Heat Transfer's Debt-to-Equity too high?
United Heat Transfer's current Debt-to-Equity of 0.31 is 83% below median its 10-year median of 1.81. Over the past 10 years, this metric has ranged from a low of 0.31 to a high of 3.13. The Industrial Products industry median Debt-to-Equity is 0.28. United Heat Transfer's value of 0.31 is 10.7% above this industry median. Based on the distribution chart, United Heat Transfer ranks #1402 out of 2678 companies in the Industrial Products industry, which is below the industry midpoint. Overall, United Heat Transfer has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does United Heat Transfer's Debt-to-Equity compare to GEV and ETN?
According to the Industrial Products industry distribution chart, United Heat Transfer ranks #1402 out of 2678 companies for Debt-to-Equity. This places United Heat Transfer in the lower half of its industry. The industry median Debt-to-Equity is 0.28. United Heat Transfer's value of 0.31 is 10.7% above this benchmark. Historically, United Heat Transfer's own Debt-to-Equity has ranged from 0.31 to 3.13 over the past decade. While the company's 10-year median is 1.81 vs. the industry median of 0.28, United Heat Transfer 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 an Industrial Products company?
The median Debt-to-Equity among Industrial Products companies is 0.28, based on 2,678 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. United Heat Transfer's current Debt-to-Equity of 0.31 is 10.7% 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 United Heat Transfer and its competitors. For the Industrial Products industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. United Heat Transfer's current Debt-to-Equity is 0.31, which is 83% below median its own 10-year median of 1.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is United Heat Transfer stock overvalued right now?
United Heat Transfer (NSE:UHTL) has a current Debt-to-Equity of 0.31. The current Debt-to-Equity is 0.31, which is 83% below median its 10-year median of 1.81 and 10.7% above the Industrial Products industry median of 0.28. United Heat Transfer's overall GF Score™ is 16/100 with 2 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 United Heat Transfer (NSE:UHTL), the current Debt-to-Equity is 0.31 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.
United Heat Transfer Ltd is engaged in the manufacture of a range of shell and tube heat exchangers, air cooled heat exchangers, pressure vessels and process flow skids equipment's which are used as critical equipment's for petrol and diesel engines, railway engines, maritime engines, cruse and cargo ships, ferries, pleasure boats, marine diesels, mining trucks, megayachts, heavy engines, fishing boats, heavy trucks, freighters, trawlers, heavy haulages, power gen sets, super tankers, off highway engines etc.
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