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CSS HOLDINGSTSE:2304 +0.11%59 Debt-to-Equity is 0.12 as of Mar. 2026, which is 76% below its 10-year median of 0.51. GuruFocus rates TSE:2304 with a GF Score™ of 59/100 and a GF Value™ of 円1,125.01 (Modestly Undervalued). Among 951 Business Services companies, CSS HOLDINGS ranks better than 70.56% 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 CSS HOLDINGS's Debt-to-Equity or its related term are showing as below:
TSE:2304'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.1 Med: 0.51 Max: 1.15
Current: 0.12
During the past 13 years, the highest Debt-to-Equity Ratio of CSS HOLDINGS was 1.15. The lowest was 0.10. And the median was 0.51.
TSE:2304's Debt-to-Equity is ranked better than 70.56% of 951
companies
in the Business Services industry
Industry Median: 0.34
vs TSE:2304: 0.12
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.
CSS HOLDINGS Debt-to-Equity Related Terms
CSS HOLDINGS Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for CSS HOLDINGS'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:2304 vs CTAS, CPRT, GPN: Debt-to-Equity Comparison
For the Specialty Business Services subindustry, CSS HOLDINGS'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.
CSS HOLDINGS Debt-to-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, CSS HOLDINGS's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where CSS HOLDINGS'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.
CSS HOLDINGS (TSE:2304) has a Debt-to-Equity of 0.12 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on CSS HOLDINGS and its competitors. This is 76% below median its historical median of 0.51. Over the past decade, CSS HOLDINGS's Debt-to-Equity has ranged from 0.10 to 1.15. According to the industry distribution chart, CSS HOLDINGS ranks #280 out of 951 companies in the Business Services industry, placing it in the top 29.4%.
Is CSS HOLDINGS's Debt-to-Equity too high?
CSS HOLDINGS's current Debt-to-Equity of 0.12 is 76% below median its 10-year median of 0.51. Over the past 10 years, this metric has ranged from a low of 0.10 to a high of 1.15. The Business Services industry median Debt-to-Equity is 0.34. CSS HOLDINGS's value of 0.12 is 64.7% below this industry median. Based on the distribution chart, CSS HOLDINGS ranks #280 out of 951 companies in the Business Services industry, which is above the industry midpoint. Overall, CSS HOLDINGS has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does CSS HOLDINGS's Debt-to-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, CSS HOLDINGS ranks #280 out of 951 companies for Debt-to-Equity. This puts CSS HOLDINGS in the upper half of its industry. The industry median Debt-to-Equity is 0.34. CSS HOLDINGS's value of 0.12 is 64.7% below this benchmark. Historically, CSS HOLDINGS's own Debt-to-Equity has ranged from 0.10 to 1.15 over the past decade. While the company's 10-year median is 0.51 vs. the industry median of 0.34, CSS HOLDINGS 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 Business Services company?
The median Debt-to-Equity among Business Services companies is 0.34, based on 951 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. CSS HOLDINGS's current Debt-to-Equity of 0.12 is 64.7% 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 CSS HOLDINGS and its competitors. For the Business Services industry, the median Debt-to-Equity is 0.34 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. CSS HOLDINGS's current Debt-to-Equity is 0.12, which is 76% below median its own 10-year median of 0.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CSS HOLDINGS stock overvalued right now?
Based on GuruFocus' analysis, CSS HOLDINGS (TSE:2304) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,125.01, compared to a current price of 円907.00 — trading 19.4% below its estimated fair value. The current Debt-to-Equity is 0.12, which is 76% below median its 10-year median of 0.51 and 64.7% below the Business Services industry median of 0.34. CSS HOLDINGS's overall GF Score™ is 59/100. 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 CSS HOLDINGS (TSE:2304), the current Debt-to-Equity is 0.12 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 CSS HOLDINGS (TSE:2304) Overvalued in 2026?
Based on GuruFocus' analysis, CSS HOLDINGS stock appears to be undervalued.
The current stock price of 円907.00 is trading 19.4% below its estimated GF Value™ of 円1,125.01.
GuruFocus considers CSS HOLDINGS to be Modestly Undervalued.
Key valuation signals for TSE:2304:
Debt-to-Equity: 0.12 (76% below median its 10-year median of 0.51)
GF Value™: 円1,125.01 vs. price of 円907.00 (19.4% below fair value)
Industry Position: 64.7% below the Business Services median (#280 of 951)
No single metric tells the full story. See the TSE:2304 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
CSS HOLDINGS Ltd is a holding company engaged in the operation and management of its group companies. It operates Steward Business; dishwashing and management work centered on hotels and restaurants, Food Business; which handles employee cafeteria and restaurant management contracts through its subsidiaries, Space Produce Business; designs, constructs, manages, and sells items related to video, audio, broadcasting and security, and Others includes general affairs, personnel, and management related business.
59GF Score
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