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Kanda Tsushinki CoTSE:1992 67 Debt-to-Equity is 0.06 as of Mar. 2026, which is 25% below its 10-year median of 0.08. GuruFocus rates TSE:1992 with a GF Score™ of 67/100 and a GF Value™ of 円2,580.78 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,236 Hardware companies, Kanda Tsushinki Co ranks better than 80.46% 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 Kanda Tsushinki Co's Debt-to-Equity or its related term are showing as below:
TSE:1992'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.06 Med: 0.08 Max: 0.11
Current: 0.06
During the past 13 years, the highest Debt-to-Equity Ratio of Kanda Tsushinki Co was 0.11. The lowest was 0.06. And the median was 0.08.
TSE:1992's Debt-to-Equity is ranked better than 80.46% of 2236
companies
in the Hardware industry
Industry Median: 0.28
vs TSE:1992: 0.06
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.
Kanda Tsushinki Co Debt-to-Equity Related Terms
Kanda Tsushinki Co Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Kanda Tsushinki 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.
TSE:1992 vs CSCO, MSI, LITE: Debt-to-Equity Comparison
For the Communication Equipment subindustry, Kanda Tsushinki 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.
Kanda Tsushinki Co Debt-to-Equity vs Hardware Industry
For the Hardware industry and Technology sector, Kanda Tsushinki Co's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Kanda Tsushinki 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.
Kanda Tsushinki Co (TSE:1992) has a Debt-to-Equity of 0.06 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Kanda Tsushinki Co and its competitors. This is 25% below median its historical median of 0.08. Over the past decade, Kanda Tsushinki Co's Debt-to-Equity has ranged from 0.06 to 0.11. According to the industry distribution chart, Kanda Tsushinki Co ranks #437 out of 2236 companies in the Hardware industry, placing it in the top 19.5%.
Is Kanda Tsushinki Co's Debt-to-Equity too high?
Kanda Tsushinki Co's current Debt-to-Equity of 0.06 is 25% below median its 10-year median of 0.08. Over the past 10 years, this metric has ranged from a low of 0.06 to a high of 0.11. The Hardware industry median Debt-to-Equity is 0.28. Kanda Tsushinki Co's value of 0.06 is 78.6% below this industry median. Based on the distribution chart, Kanda Tsushinki Co ranks #437 out of 2236 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Kanda Tsushinki Co has a GF Score™ of 67/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Kanda Tsushinki Co's Debt-to-Equity compare to CSCO and MSI?
According to the Hardware industry distribution chart, Kanda Tsushinki Co ranks #437 out of 2236 companies for Debt-to-Equity. This places Kanda Tsushinki Co in the top 20% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.28. Kanda Tsushinki Co's value of 0.06 is 78.6% below this benchmark. Historically, Kanda Tsushinki Co's own Debt-to-Equity has ranged from 0.06 to 0.11 over the past decade. While the company's 10-year median is 0.08 vs. the industry median of 0.28, Kanda Tsushinki 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.28, based on 2,236 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. Kanda Tsushinki Co's current Debt-to-Equity of 0.06 is 78.6% 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 Kanda Tsushinki Co and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kanda Tsushinki Co's current Debt-to-Equity is 0.06, which is 25% below median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kanda Tsushinki Co stock overvalued right now?
Based on GuruFocus' analysis, Kanda Tsushinki Co (TSE:1992) is currently considered Modestly Overvalued. The stock's GF Value™ is 円2,580.78, compared to a current price of 円2,936.00 — trading 13.8% above its estimated fair value. The current Debt-to-Equity is 0.06, which is 25% below median its 10-year median of 0.08 and 78.6% below the Hardware industry median of 0.28. Kanda Tsushinki Co's overall GF Score™ is 67/100 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 Kanda Tsushinki Co (TSE:1992), the current Debt-to-Equity is 0.06 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 Kanda Tsushinki Co (TSE:1992) Overvalued in 2026?
Based on GuruFocus' analysis, Kanda Tsushinki Co stock appears to be overvalued.
The current stock price of 円2,936.00 is trading 13.8% above its estimated GF Value™ of 円2,580.78.
GuruFocus considers Kanda Tsushinki Co to be Modestly Overvalued.
Key valuation signals for TSE:1992:
Debt-to-Equity: 0.06 (25% below median its 10-year median of 0.08)
GF Value™: 円2,580.78 vs. price of 円2,936.00 (13.8% above fair value)
Industry Position: 78.6% below the Hardware median (#437 of 2236)
No single metric tells the full story. See the TSE:1992 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Kanda Tsushinki Co Ltd is a Japan-based company engaged in the information and communication business. It is involved in the business activities of information communication system development, software development, control lighting business, communication system development, computer network system development, agency for contact center operations and others. The company also supports infrastructure construction by providing complete solutions from telephone network equipment to network construction to power supply construction.
67GF Score
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