WIN-Partners Co (TSE:3183) Debt-to-Equity: 0.03 (As of Mar. 2026) — 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.

TSE:3183 WIN-Partners Co Ltd TSE:3183
62 GF Score
Price 円1,266.00
GF Value 円1,502.91
Valuation Modestly Undervalued
! 3 Warning Signs
View Full Analysis

What is WIN-Partners Co Debt-to-Equity?

WIN-Partners Co TSE:3183 -0.39% 62 Debt-to-Equity is 0.03 as of Mar. 2026, which is at its 10-year median of 0.03. GuruFocus rates TSE:3183 with a GF Score™ of 62/100 and a GF Value™ of 円1,502.91 (Modestly Undervalued). The stock has 3 warning signs investors should review. Among 100 Medical Distribution companies, WIN-Partners Co ranks better than 90% on this metric.

WIN-Partners Co's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円0 Mil. WIN-Partners Co's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円713 Mil. WIN-Partners Co's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円23,290 Mil. WIN-Partners Co's debt to equity for the quarter that ended in Mar. 2026 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 WIN-Partners Co's Debt-to-Equity or its related term are showing as below:

TSE:3183' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.03   Med: 0.03   Max: 0.03
Current: 0.03

During the past 13 years, the highest Debt-to-Equity Ratio of WIN-Partners Co was 0.03. The lowest was 0.03. And the median was 0.03.

TSE:3183's Debt-to-Equity is ranked better than
90% of 100 companies
in the Medical Distribution industry
Industry Median: 0.465 vs TSE:3183: 0.03

WIN-Partners Co  (TSE:3183) 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.


WIN-Partners Co Debt-to-Equity Related Terms


WIN-Partners Co Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for WIN-Partners 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.

WIN-Partners Co Debt-to-Equity Chart

WIN-Partners Co 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 0.00 0.00 0.00 0.00 0.03

WIN-Partners Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.00 0.00 0.00 0.03 0.00

TSE:3183 vs MCK, COR, CAH: Debt-to-Equity Comparison

For the Medical Distribution subindustry, WIN-Partners 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.


WIN-Partners Co Debt-to-Equity vs Medical Distribution Industry

For the Medical Distribution industry and Healthcare sector, WIN-Partners Co's Debt-to-Equity distribution charts can be found below:

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


TSE:3183
62GF Score
WIN-Partners Co Ltd TSE:3183
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

WIN-Partners Co Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WIN-Partners Co's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

WIN-Partners Co'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 0.03 mean?
WIN-Partners Co (TSE:3183) 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 WIN-Partners Co and its competitors. This is near median its historical median of 0.03. Over the past decade, WIN-Partners Co's Debt-to-Equity has ranged from 0.03 to 0.03. According to the industry distribution chart, WIN-Partners Co ranks #10 out of 100 companies in the Medical Distribution industry, placing it in the top 10%.
Is WIN-Partners Co's Debt-to-Equity too high?
WIN-Partners Co'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 0.03 to a high of 0.03. The Medical Distribution industry median Debt-to-Equity is 0.47. WIN-Partners Co's value of 0.03 is 93.5% below this industry median. Based on the distribution chart, WIN-Partners Co ranks #10 out of 100 companies in the Medical Distribution industry, which is in the top quartile — a strong position relative to peers. Overall, WIN-Partners Co has a GF Score™ of 62/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does WIN-Partners Co's Debt-to-Equity compare to MCK and COR?
According to the Medical Distribution industry distribution chart, WIN-Partners Co ranks #10 out of 100 companies for Debt-to-Equity. This places WIN-Partners Co in the top 10% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.47. WIN-Partners Co's value of 0.03 is 93.5% below this benchmark. Historically, WIN-Partners Co's own Debt-to-Equity has ranged from 0.03 to 0.03 over the past decade. While the company's 10-year median is 0.03 vs. the industry median of 0.47, WIN-Partners 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 Medical Distribution company?
The median Debt-to-Equity among Medical Distribution companies is 0.47, based on 100 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. WIN-Partners Co's current Debt-to-Equity of 0.03 is 93.5% 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 WIN-Partners Co and its competitors. For the Medical Distribution industry, the median Debt-to-Equity is 0.47 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WIN-Partners Co'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 WIN-Partners Co stock overvalued right now?
Based on GuruFocus' analysis, WIN-Partners Co (TSE:3183) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,502.91, compared to a current price of 円1,266.00 — trading 15.8% below its estimated fair value. The current Debt-to-Equity is 0.03, which is near median its 10-year median of 0.03 and 93.5% below the Medical Distribution industry median of 0.47. WIN-Partners Co's overall GF Score™ is 62/100 with 3 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 WIN-Partners Co (TSE:3183), 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 WIN-Partners Co (TSE:3183) Overvalued in 2026?

Based on GuruFocus' analysis, WIN-Partners Co stock appears to be undervalued. The current stock price of 円1,266.00 is trading 15.8% below its estimated GF Value™ of 円1,502.91. GuruFocus considers WIN-Partners Co to be Modestly Undervalued.

Key valuation signals for TSE:3183:

  • Debt-to-Equity: 0.03 (near median its 10-year median of 0.03)
  • GF Value™: 円1,502.91 vs. price of 円1,266.00 (15.8% below fair value)
  • GF Score™: 62/100 with 3 warning signs
  • Industry Position: 93.5% below the Medical Distribution median (#10 of 100)

No single metric tells the full story. See the TSE:3183 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WIN-Partners Co Business Description

Address 2-2-1 Kyobashi, Chuoku, 21st Floor, Kyobashi Edogrand, Tokyo, JPN, 104-0031
WIN-Partners Co Ltd is engaged in the healthcare sector. The company provides medical devices to Japan's medical institutions. Its products offerings are Cardiovascular device, Insulin Pump, X-ray Angio System, Carotid Artery Stent, Stent Graft, among others. The company operates only in one segment which is the medical equipment sales business.
62GF Score

Get the complete analysis for TSE:3183

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

円1,266.00
Price
円1,502.91
GF Value