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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 Surf Air Mobility's Debt-to-Equity or its related term are showing as below:
SRFM'
s Debt-to-Equity Range Over the Past 10 Years
Min: -2.03 Med: -0.39 Max: 1.73
Current: -2.03
During the past 6 years, the highest Debt-to-Equity Ratio of Surf Air Mobility was 1.73. The lowest was -2.03. And the median was -0.39.
SRFM's Debt-to-Equity is not ranked
in the Transportation industry.
Industry Median: 0.54
vs SRFM: -2.03
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.
Surf Air Mobility Debt-to-Equity Related Terms
Surf Air Mobility Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Surf Air Mobility'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.
SRFM vs FLYX, HRBR, FLYYQ: Debt-to-Equity Comparison
For the Airlines subindustry, Surf Air Mobility'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.
Surf Air Mobility Debt-to-Equity vs Transportation Industry
For the Transportation industry and Industrials sector, Surf Air Mobility's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Surf Air Mobility'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.
Surf Air Mobility (SRFM) has a Debt-to-Equity of -2.03 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Surf Air Mobility and its competitors. According to the industry distribution chart, Surf Air Mobility ranks #999999 out of 917 companies in the Transportation industry.
Is Surf Air Mobility's Debt-to-Equity too high?
Surf Air Mobility's current Debt-to-Equity is -2.03. Based on the distribution chart, Surf Air Mobility ranks #999999 out of 917 companies in the Transportation industry, which is in the bottom quartile relative to peers. Overall, Surf Air Mobility has a GF Score™ of 46/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Surf Air Mobility's Debt-to-Equity compare to FLYX and HRBR?
According to the Transportation industry distribution chart, Surf Air Mobility ranks #999999 out of 917 companies for Debt-to-Equity. This places Surf Air Mobility in the lower half of its industry. The industry median Debt-to-Equity is 0.54. 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.54, based on 917 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. 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 Surf Air Mobility and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Surf Air Mobility's current Debt-to-Equity is -2.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Surf Air Mobility stock overvalued right now?
Based on GuruFocus' analysis, Surf Air Mobility (SRFM) is currently considered Fairly Valued. The stock's GF Value™ is $0.68, compared to a current price of $0.67 — trading 1.5% below its estimated fair value. The current Debt-to-Equity is -2.03. Surf Air Mobility's overall GF Score™ is 46/100 with 8 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 Surf Air Mobility (SRFM), the current Debt-to-Equity is -2.03 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 Surf Air Mobility (SRFM) Overvalued in 2026?
Based on GuruFocus' analysis, Surf Air Mobility stock appears to be undervalued.
The current stock price of $0.67 is trading 1.5% below its estimated GF Value™ of $0.68.
GuruFocus considers Surf Air Mobility to be Fairly Valued.
Key valuation signals for SRFM:
Debt-to-Equity: -2.03
GF Value™: $0.68 vs. price of $0.67 (1.5% below fair value)
No single metric tells the full story. See the SRFM stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Surf Air Mobility Inc is a regional air mobility platform operating commuter airlines in the United States and expanding an on-demand charter marketplace for passengers in the U.S. and globally. It is also focused on developing a proprietary aviation software, aircraft electrification powertrain technology and services to enable electrification across the regional air mobility sector. The company operates in a single reportable segment, Air Mobility. The Air Mobility segment derives revenue from operating scheduled commercial air service flights, which are sold to the public mainly on a per-seat basis; through subsidized EAS revenue awards from the Department of Transportation; and by operating on-demand flights for customers on an ad-hoc, by request basis.
46GF Score
Get the complete analysis for SRFM
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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