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Koal Software CoSHSE:603232 +0.56%73 Debt-to-Equity is 0.05 as of Jun. 2026, which is 150% above its 10-year median of 0.02. GuruFocus rates SHSE:603232 with a GF Score™ of 73/100 and a GF Value™ of ¥10.95 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 2,247 Software companies, Koal Software Co ranks better than 82.33% 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 Koal Software Co's Debt-to-Equity or its related term are showing as below:
SHSE:603232'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0 Med: 0.02 Max: 0.05
Current: 0.04
During the past 12 years, the highest Debt-to-Equity Ratio of Koal Software Co was 0.05. The lowest was 0.00. And the median was 0.02.
SHSE:603232's Debt-to-Equity is ranked better than 82.33% of 2247
companies
in the Software industry
Industry Median: 0.2
vs SHSE:603232: 0.04
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.
Koal Software Co Debt-to-Equity Related Terms
Koal Software Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Koal Software Co'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.
SHSE:603232 vs MSFT, PLTR, ORCL: Debt-to-Equity Comparison
For the Software - Infrastructure subindustry, Koal Software Co'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.
Koal Software Co Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Koal Software Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Koal Software Co'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.
Koal Software Co (SHSE:603232) has a Debt-to-Equity of 0.05 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Koal Software Co and its competitors. This is 150% above median its historical median of 0.02. According to the industry distribution chart, Koal Software Co ranks #397 out of 2247 companies in the Software industry, placing it in the top 17.7%.
Is Koal Software Co's Debt-to-Equity too high?
Koal Software Co's current Debt-to-Equity of 0.05 is 150% above median its 10-year median of 0.02. The Software industry median Debt-to-Equity is 0.20. Koal Software Co's value of 0.05 is 75% below this industry median. Based on the distribution chart, Koal Software Co ranks #397 out of 2247 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Koal Software Co has a GF Score™ of 73/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Koal Software Co's Debt-to-Equity compare to MSFT and PLTR?
According to the Software industry distribution chart, Koal Software Co ranks #397 out of 2247 companies for Debt-to-Equity. This places Koal Software Co in the top 18% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.20. Koal Software Co's value of 0.05 is 75% below this benchmark. While the company's 10-year median is 0.02 vs. the industry median of 0.20, Koal Software Co 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 Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,247 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. Koal Software Co's current Debt-to-Equity of 0.05 is 75% 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 Koal Software Co and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Koal Software Co's current Debt-to-Equity is 0.05, which is 150% above median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Koal Software Co stock overvalued right now?
Based on GuruFocus' analysis, Koal Software Co (SHSE:603232) is currently considered Significantly Overvalued. The stock's GF Value™ is ¥10.95, compared to a current price of ¥16.22 — trading 48.1% above its estimated fair value. The current Debt-to-Equity is 0.05, which is 150% above median its 10-year median of 0.02 and 75% below the Software industry median of 0.20. Koal Software Co's overall GF Score™ is 73/100 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 Koal Software Co (SHSE:603232), the current Debt-to-Equity is 0.05 as of Jun. 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 Koal Software Co (SHSE:603232) Overvalued in 2026?
Based on GuruFocus' analysis, Koal Software Co stock appears to be overvalued.
The current stock price of ¥16.22 is trading 48.1% above its estimated GF Value™ of ¥10.95.
GuruFocus considers Koal Software Co to be Significantly Overvalued.
Key valuation signals for SHSE:603232:
Debt-to-Equity: 0.05 (150% above median its 10-year median of 0.02)
GF Value™: ¥10.95 vs. price of ¥16.22 (48.1% above fair value)
Industry Position: 75% below the Software median (#397 of 2247)
No single metric tells the full story. See the SHSE:603232 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Koal Software Co Ltd is engaged in the development, production, sale, and service of commercial password software to the information security industry and public key infrastructure field. Its product line includes digital certificate authentication system; secure authentication gateway; signature verification server; electronic signature system; secure email system; secure instant messaging system; electronic file management system; LAN access authentication system; and mobile media management system.
73GF Score
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