SFTBY (SoftBank Group) Debt-to-Equity: 1.46 (As of Mar. 2026) — 32% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

SFTBY SoftBank Group Corp SFTBY
70 GF Score
Price $16.76
GF Value $7.90
Valuation Significantly Overvalued
! 5 Warning Signs
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What is SoftBank Group Debt-to-Equity?

SoftBank Group SFTBY -4.77% 70 Debt-to-Equity is 1.46 as of Mar. 2026, which is 32% below its 10-year median of 2.15. GuruFocus rates SFTBY with a GF Score™ of 70/100 and a GF Value™ of $7.90 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 326 Telecommunication Services companies, SoftBank Group ranks worse than 77.61% on this metric.

SoftBank Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $45,699 Mil. SoftBank Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $116,030 Mil. SoftBank Group's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $111,051 Mil. SoftBank Group's debt to equity for the quarter that ended in Mar. 2026 was 1.46.

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 SoftBank Group's Debt-to-Equity or its related term are showing as below:

SFTBY' s Debt-to-Equity Range Over the Past 10 Years
Min: 1.46   Med: 2.15   Max: 4.14
Current: 1.46

During the past 13 years, the highest Debt-to-Equity Ratio of SoftBank Group was 4.14. The lowest was 1.46. And the median was 2.15.

SFTBY's Debt-to-Equity is ranked worse than
77.61% of 326 companies
in the Telecommunication Services industry
Industry Median: 0.64 vs SFTBY: 1.46

SoftBank Group  (OTCPK:SFTBY) 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.


SoftBank Group Debt-to-Equity Related Terms


SoftBank Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for SoftBank Group'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.

SoftBank Group Debt-to-Equity Chart

SoftBank Group 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 2.24 2.25 1.91 1.64 1.46

SoftBank Group Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.64 1.75 1.41 1.55 1.46

SFTBY vs VZ, TMUS, T: Debt-to-Equity Comparison

For the Telecom Services subindustry, SoftBank Group'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.


SoftBank Group Debt-to-Equity vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, SoftBank Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where SoftBank Group's Debt-to-Equity falls into.


SFTBY
70GF Score
SoftBank Group Corp SFTBY
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

SoftBank Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

SoftBank Group's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

SoftBank Group's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 1.46 mean?
SoftBank Group (SFTBY) has a Debt-to-Equity of 1.46 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on SoftBank Group and its competitors. This is 32% below median its historical median of 2.15. Over the past decade, SoftBank Group's Debt-to-Equity has ranged from 1.46 to 4.14. According to the industry distribution chart, SoftBank Group ranks #253 out of 326 companies in the Telecommunication Services industry, placing it in the top 77.6%.
Is SoftBank Group's Debt-to-Equity too high?
SoftBank Group's current Debt-to-Equity of 1.46 is 32% below median its 10-year median of 2.15. Over the past 10 years, this metric has ranged from a low of 1.46 to a high of 4.14. The Telecommunication Services industry median Debt-to-Equity is 0.64. SoftBank Group's value of 1.46 is 128.1% above this industry median. Based on the distribution chart, SoftBank Group ranks #253 out of 326 companies in the Telecommunication Services industry, which is in the bottom quartile relative to peers. Overall, SoftBank Group has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does SoftBank Group's Debt-to-Equity compare to VZ and TMUS?
According to the Telecommunication Services industry distribution chart, SoftBank Group ranks #253 out of 326 companies for Debt-to-Equity. This places SoftBank Group in the lower half of its industry. The industry median Debt-to-Equity is 0.64. SoftBank Group's value of 1.46 is 128.1% above this benchmark. Historically, SoftBank Group's own Debt-to-Equity has ranged from 1.46 to 4.14 over the past decade. While the company's 10-year median is 2.15 vs. the industry median of 0.64, SoftBank Group 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 Telecommunication Services company?
The median Debt-to-Equity among Telecommunication Services companies is 0.64, based on 326 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. SoftBank Group's current Debt-to-Equity of 1.46 is 128.1% 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 SoftBank Group and its competitors. For the Telecommunication Services industry, the median Debt-to-Equity is 0.64 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. SoftBank Group's current Debt-to-Equity is 1.46, which is 32% below median its own 10-year median of 2.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SoftBank Group stock overvalued right now?
Based on GuruFocus' analysis, SoftBank Group (SFTBY) is currently considered Significantly Overvalued. The stock's GF Value™ is $7.90, compared to a current price of $16.76 — trading 112.2% above its estimated fair value. The current Debt-to-Equity is 1.46, which is 32% below median its 10-year median of 2.15 and 128.1% above the Telecommunication Services industry median of 0.64. SoftBank Group's overall GF Score™ is 70/100 with 5 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 SoftBank Group (SFTBY), the current Debt-to-Equity is 1.46 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.

Is SoftBank Group (SFTBY) Overvalued in 2026?

Based on GuruFocus' analysis, SoftBank Group stock appears to be overvalued. The current stock price of $16.76 is trading 112.2% above its estimated GF Value™ of $7.90. GuruFocus considers SoftBank Group to be Significantly Overvalued.

Key valuation signals for SFTBY:

  • Debt-to-Equity: 1.46 (32% below median its 10-year median of 2.15)
  • GF Value™: $7.90 vs. price of $16.76 (112.2% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 128.1% above the Telecommunication Services median (#253 of 326)

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


SoftBank Group Business Description

Address Kaigan 1-7-1, Minato-ku, Tokyo, JPN, 105-7537
SoftBank is a Japan-based telecom and e-commerce conglomerate that has expanded mainly through acquisitions, and its key assets include a 40%-owned mobile and fixed broadband telecom operator business in Japan. It also owns 90% of semiconductor chip designer Arm Holdings following the 2023 IPO of this business, and has a vast portfolio of mainly internet- and e-commerce-focused early-stage investments. It is also a general partner of the USD 100 billion SoftBank Vision Fund 1 and sole investor in SoftBank Vision Fund 2, both of which primarily invest in pre-IPO internet and AI companies. Recently, it has begun investing in OpenAI.
70GF Score

Get the complete analysis for SFTBY

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

$16.76
Price
$7.90
GF Value