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Thinkific LabsTHNCF 66 Debt-to-Equity is 0.03 as of Mar. 2026, which is 50% above its 10-year median of 0.02. GuruFocus rates THNCF with a GF Score™ of 66/100 and a GF Value™ of $2.34 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,244 Software companies, Thinkific Labs ranks better than 85.87% 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 Thinkific Labs's Debt-to-Equity or its related term are showing as below:
THNCF'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.02 Max: 0.61
Current: 0.03
During the past 8 years, the highest Debt-to-Equity Ratio of Thinkific Labs was 0.61. The lowest was 0.01. And the median was 0.02.
THNCF's Debt-to-Equity is ranked better than 85.87% of 2244
companies
in the Software industry
Industry Median: 0.19
vs THNCF: 0.03
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.
Thinkific Labs Debt-to-Equity Related Terms
Thinkific Labs Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Thinkific Labs'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.
THNCF vs QH, SHOP, UBER: Debt-to-Equity Comparison
For the Software - Application subindustry, Thinkific Labs'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.
Thinkific Labs Debt-to-Equity vs Software Industry
For the Software industry and Technology sector, Thinkific Labs's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Thinkific Labs'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.
Thinkific Labs (THNCF) has a Debt-to-Equity of 0.03 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Thinkific Labs and its competitors. This is 50% above median its historical median of 0.02. Over the past decade, Thinkific Labs' Debt-to-Equity has ranged from 0.01 to 0.61. According to the industry distribution chart, Thinkific Labs ranks #317 out of 2244 companies in the Software industry, placing it in the top 14.1%.
Is Thinkific Labs' Debt-to-Equity too high?
Thinkific Labs' current Debt-to-Equity of 0.03 is 50% above median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.61. The Software industry median Debt-to-Equity is 0.19. Thinkific Labs' value of 0.03 is 84.2% below this industry median. Based on the distribution chart, Thinkific Labs ranks #317 out of 2244 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Thinkific Labs has a GF Score™ of 66/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thinkific Labs' Debt-to-Equity compare to QH and SHOP?
According to the Software industry distribution chart, Thinkific Labs ranks #317 out of 2244 companies for Debt-to-Equity. This places Thinkific Labs in the top 14% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.19. Thinkific Labs' value of 0.03 is 84.2% below this benchmark. Historically, Thinkific Labs' own Debt-to-Equity has ranged from 0.01 to 0.61 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.19, Thinkific Labs 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 0.19, based on 2,244 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. Thinkific Labs's current Debt-to-Equity of 0.03 is 84.2% 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 Thinkific Labs and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinkific Labs's current Debt-to-Equity is 0.03, which is 50% 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 Thinkific Labs stock overvalued right now?
Based on GuruFocus' analysis, Thinkific Labs (THNCF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.34, compared to a current price of $0.85 — trading 63.7% below its estimated fair value. The current Debt-to-Equity is 0.03, which is 50% above median its 10-year median of 0.02 and 84.2% below the Software industry median of 0.19. Thinkific Labs' overall GF Score™ is 66/100 with 4 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 Thinkific Labs (THNCF), the current Debt-to-Equity is 0.03 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 Thinkific Labs (THNCF) Overvalued in 2026?
Based on GuruFocus' analysis, Thinkific Labs stock appears to be undervalued.
The current stock price of $0.85 is trading 63.7% below its estimated GF Value™ of $2.34.
GuruFocus considers Thinkific Labs to be Significantly Undervalued.
Key valuation signals for THNCF:
Debt-to-Equity: 0.03 (50% above median its 10-year median of 0.02)
GF Value™: $2.34 vs. price of $0.85 (63.7% below fair value)
Industry Position: 84.2% below the Software median (#317 of 2244)
No single metric tells the full story. See the THNCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thinkific Labs Inc is a cloud-based software platform. Its business activity is to provide a learning commerce platform that helps businesses scale and generate revenue through courses, communities, AI and commerce. The company's platform provides its customers with a learning commerce solution that enables them to create new revenue streams, retain customers, and build community through customized courses, membership sites, communities, digital products and other experiences. Its sources of revenue consist of software subscriptions to its cloud-based platform and revenue from payment processing. Geographically, it operates in Canada; United States, generating maximum revenue; and Rest of the World.
66GF Score
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