TPBTF (BetMakers Technology Group) Debt-to-Equity: 0.03 (As of Dec. 2025) — Near Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
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.

TPBTF BetMakers Technology Group Ltd TPBTF
50 GF Score
Price $0.13
GF Value $0.04
Valuation Significantly Overvalued
! 5 Warning Signs
View Full Analysis

What is BetMakers Technology Group Debt-to-Equity?

BetMakers Technology Group TPBTF 50 Debt-to-Equity is 0.03 as of Dec. 2025, which is at its 10-year median of 0.03. GuruFocus rates TPBTF with a GF Score™ of 50/100 and a GF Value™ of $0.04 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 719 Travel & Leisure companies, BetMakers Technology Group ranks better than 92.07% on this metric.

BetMakers Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $0.45 Mil. BetMakers Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was $1.27 Mil. BetMakers Technology Group's Total Stockholders Equity for the quarter that ended in Dec. 2025 was $62.43 Mil. BetMakers Technology Group's debt to equity for the quarter that ended in Dec. 2025 was 0.03.

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

TPBTF' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01   Med: 0.03   Max: 0.07
Current: 0.03

During the past 10 years, the highest Debt-to-Equity Ratio of BetMakers Technology Group was 0.07. The lowest was 0.01. And the median was 0.03.

TPBTF's Debt-to-Equity is ranked better than
92.07% of 719 companies
in the Travel & Leisure industry
Industry Median: 0.43 vs TPBTF: 0.03

BetMakers Technology Group  (OTCPK:TPBTF) 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.


BetMakers Technology Group Debt-to-Equity Related Terms


BetMakers Technology Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for BetMakers Technology 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.

BetMakers Technology Group Debt-to-Equity Chart

BetMakers Technology Group Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.06 0.07 0.03 0.03 0.02

BetMakers Technology Group Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.03 0.03 0.06 0.02 0.03

TPBTF vs FLUT, DKNG, SGHC: Debt-to-Equity Comparison

For the Gambling subindustry, BetMakers Technology 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.


BetMakers Technology Group Debt-to-Equity vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, BetMakers Technology Group's Debt-to-Equity distribution charts can be found below:

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


TPBTF
50GF Score
BetMakers Technology Group Ltd TPBTF
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

BetMakers Technology Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

BetMakers Technology Group's Debt to Equity Ratio for the fiscal year that ended in Jun. 2025 is calculated as

BetMakers Technology Group's Debt to Equity Ratio for the quarter that ended in Dec. 2025 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 0.03 mean?
BetMakers Technology Group (TPBTF) has a Debt-to-Equity of 0.03 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on BetMakers Technology Group and its competitors. This is near median its historical median of 0.03. Over the past decade, BetMakers Technology Group's Debt-to-Equity has ranged from 0.01 to 0.07. According to the industry distribution chart, BetMakers Technology Group ranks #57 out of 719 companies in the Travel & Leisure industry, placing it in the top 7.9%.
Is BetMakers Technology Group's Debt-to-Equity too high?
BetMakers Technology Group's current Debt-to-Equity of 0.03 is near median its 10-year median of 0.03. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.07. The Travel & Leisure industry median Debt-to-Equity is 0.43. BetMakers Technology Group's value of 0.03 is 93% below this industry median. Based on the distribution chart, BetMakers Technology Group ranks #57 out of 719 companies in the Travel & Leisure industry, which is in the top quartile — a strong position relative to peers. Overall, BetMakers Technology Group has a GF Score™ of 50/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does BetMakers Technology Group's Debt-to-Equity compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, BetMakers Technology Group ranks #57 out of 719 companies for Debt-to-Equity. This places BetMakers Technology Group in the top 8% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.43. BetMakers Technology Group's value of 0.03 is 93% below this benchmark. Historically, BetMakers Technology Group's own Debt-to-Equity has ranged from 0.01 to 0.07 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 0.43, BetMakers Technology Group 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 Travel & Leisure company?
The median Debt-to-Equity among Travel & Leisure companies is 0.43, based on 719 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. BetMakers Technology Group's current Debt-to-Equity of 0.03 is 93% 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 BetMakers Technology Group and its competitors. For the Travel & Leisure industry, the median Debt-to-Equity is 0.43 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. BetMakers Technology Group's current Debt-to-Equity is 0.03, which is near median its own 10-year median of 0.03. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BetMakers Technology Group stock overvalued right now?
Based on GuruFocus' analysis, BetMakers Technology Group (TPBTF) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.04, compared to a current price of $0.13 — trading 216.4% above its estimated fair value. The current Debt-to-Equity is 0.03, which is near median its 10-year median of 0.03 and 93% below the Travel & Leisure industry median of 0.43. BetMakers Technology Group's overall GF Score™ is 50/100 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 BetMakers Technology Group (TPBTF), the current Debt-to-Equity is 0.03 as of Dec. 2025. 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 BetMakers Technology Group (TPBTF) Overvalued in 2026?

Based on GuruFocus' analysis, BetMakers Technology Group stock appears to be overvalued. The current stock price of $0.13 is trading 216.4% above its estimated GF Value™ of $0.04. GuruFocus considers BetMakers Technology Group to be Significantly Overvalued.

Key valuation signals for TPBTF:

  • Debt-to-Equity: 0.03 (near median its 10-year median of 0.03)
  • GF Value™: $0.04 vs. price of $0.13 (216.4% above fair value)
  • GF Score™: 50/100 with 5 warning signs
  • Industry Position: 93% below the Travel & Leisure median (#57 of 719)

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


BetMakers Technology Group Business Description

Other Exchanges BET:Australia
Address 189 Flinders Lane, Level 4, Melbourne, VIC, AUS, 3000
BetMakers Technology Group Ltd engages in the development and provision of software, data, and analytic products for the B2B wagering market and the production and distribution of racing content. The firm operates in two segments: Global betting services and Global Tote. The Global betting services segment provides customers with a variety of racing software, data, and analytical tools. This includes basic race data such as pricing, runners, and form, as well as analytical tools to consume and leverage the data, and wagering tools such as platforms and managed trading services. The Global Tote segment, which derives maximum revenue, includes the provision of tote software and integrations to facilitate tote liquidity and resulting.
50GF Score

Get the complete analysis for TPBTF

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

$0.13
Price
$0.04
GF Value