Towa (TOWCF) Debt-to-Equity: 0.26 (As of Mar. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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.

TOWCF Towa Corp TOWCF
70 GF Score
Price $17.92
GF Value $18.71
Valuation Fairly Valued
! 4 Warning Signs
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What is Towa Debt-to-Equity?

Towa TOWCF +0.93% 70 Debt-to-Equity is 0.26 as of Mar. 2026, which is 4% above its 10-year median of 0.25. GuruFocus rates TOWCF with a GF Score™ of 70/100 and a GF Value™ of $18.71 (Fairly Valued). The stock has 4 warning signs investors should review. Among 902 Semiconductors companies, Towa ranks worse than 50.22% on this metric.

Towa's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $87.1 Mil. Towa's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $27.4 Mil. Towa's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $445.0 Mil. Towa's debt to equity for the quarter that ended in Mar. 2026 was 0.26.

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

TOWCF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.12   Med: 0.25   Max: 0.38
Current: 0.26

During the past 13 years, the highest Debt-to-Equity Ratio of Towa was 0.38. The lowest was 0.12. And the median was 0.25.

TOWCF's Debt-to-Equity is ranked worse than
50.22% of 902 companies
in the Semiconductors industry
Industry Median: 0.25 vs TOWCF: 0.26

Towa  (OTCPK:TOWCF) 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.


Towa Debt-to-Equity Related Terms


Towa Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Towa'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.

Towa Debt-to-Equity Chart

Towa 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 0.26 0.34 0.24 0.16 0.26

Towa 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 0.16 0.22 0.22 0.26 0.26

TOWCF vs AMAT, LRCX, KLAC: Debt-to-Equity Comparison

For the Semiconductor Equipment & Materials subindustry, Towa'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.


Towa Debt-to-Equity vs Semiconductors Industry

For the Semiconductors industry and Technology sector, Towa's Debt-to-Equity distribution charts can be found below:

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


TOWCF
70GF Score
Towa Corp TOWCF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Towa Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Towa'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 0.26 mean?
Towa (TOWCF) has a Debt-to-Equity of 0.26 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Towa and its competitors. This is near median its historical median of 0.25. Over the past decade, Towa's Debt-to-Equity has ranged from 0.12 to 0.38. According to the industry distribution chart, Towa ranks #453 out of 902 companies in the Semiconductors industry, placing it in the top 50.2%.
Is Towa's Debt-to-Equity too high?
Towa's current Debt-to-Equity of 0.26 is near median its 10-year median of 0.25. Over the past 10 years, this metric has ranged from a low of 0.12 to a high of 0.38. The Semiconductors industry median Debt-to-Equity is 0.25. Towa's value of 0.26 is 4% above this industry median. Based on the distribution chart, Towa ranks #453 out of 902 companies in the Semiconductors industry, which is below the industry midpoint. Overall, Towa has a GF Score™ of 70/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Towa's Debt-to-Equity compare to AMAT and LRCX?
According to the Semiconductors industry distribution chart, Towa ranks #453 out of 902 companies for Debt-to-Equity. This places Towa in the lower half of its industry. The industry median Debt-to-Equity is 0.25. Towa's value of 0.26 is 4% above this benchmark. Historically, Towa's own Debt-to-Equity has ranged from 0.12 to 0.38 over the past decade. While the company's 10-year median is 0.25 vs. the industry median of 0.25, Towa 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 Semiconductors company?
The median Debt-to-Equity among Semiconductors companies is 0.25, based on 902 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. Towa's current Debt-to-Equity of 0.26 is 4% 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 Towa and its competitors. For the Semiconductors industry, the median Debt-to-Equity is 0.25 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Towa's current Debt-to-Equity is 0.26, which is near median its own 10-year median of 0.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Towa stock overvalued right now?
Based on GuruFocus' analysis, Towa (TOWCF) is currently considered Fairly Valued. The stock's GF Value™ is $18.71, compared to a current price of $17.92 — trading 4.2% below its estimated fair value. The current Debt-to-Equity is 0.26, which is near median its 10-year median of 0.25 and 4% above the Semiconductors industry median of 0.25. Towa's overall GF Score™ is 70/100 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 Towa (TOWCF), the current Debt-to-Equity is 0.26 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 Towa (TOWCF) Overvalued in 2026?

Based on GuruFocus' analysis, Towa stock appears to be undervalued. The current stock price of $17.92 is trading 4.2% below its estimated GF Value™ of $18.71. GuruFocus considers Towa to be Fairly Valued.

Key valuation signals for TOWCF:

  • Debt-to-Equity: 0.26 (near median its 10-year median of 0.25)
  • GF Value™: $18.71 vs. price of $17.92 (4.2% below fair value)
  • GF Score™: 70/100 with 4 warning signs
  • Industry Position: 4% above the Semiconductors median (#453 of 902)

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


Towa Business Description

Other Exchanges 6315:JapanTWA:Germany
Address 5 Kamichoshi-cho, Kamitoba, Minami-ku, Kyoto, JPN, 601-8105
Towa Corp develops, manufactures and sells resin encapsulation systems for semiconductors and singulation systems. In addition, it also manufactures and sells precision molds for manufacturing semiconductors and plastic molded products. Its product portfolio is divided into two technologies molding including light-emitting diode, semiconductor, and sensors/module products and Singulation including semiconductor, and light-emitting diode-other applications. The company's segments include semiconductor equipment and fine plastic mold. The majority of the company revenue is derived from the sale of semiconductor equipment.
70GF Score

Get the complete analysis for TOWCF

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

$17.92
Price
$18.71
GF Value