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Zig-ZagTSE:340A -0.91%22 Debt-to-Equity is 0.01 as of May. 2026, which is 90% below its 10-year median of 0.10. GuruFocus rates TSE:340A with a GF Score™ of 22/100. The stock has 2 warning signs investors should review. Among 951 Business Services companies, Zig-Zag ranks better than 99.89% 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 Zig-Zag's Debt-to-Equity or its related term are showing as below:
TSE:340A'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.01 Med: 0.1 Max: 0.72
Current: 0.01
During the past 4 years, the highest Debt-to-Equity Ratio of Zig-Zag was 0.72. The lowest was 0.01. And the median was 0.10.
TSE:340A's Debt-to-Equity is ranked better than 99.89% of 951
companies
in the Business Services industry
Industry Median: 0.34
vs TSE:340A: 0.01
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.
Zig-Zag Debt-to-Equity Related Terms
Zig-Zag Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Zig-Zag'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:340A vs CTAS, CPRT, GPN: Debt-to-Equity Comparison
For the Specialty Business Services subindustry, Zig-Zag'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.
Zig-Zag Debt-to-Equity vs Business Services Industry
For the Business Services industry and Industrials sector, Zig-Zag's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Zig-Zag'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.
Zig-Zag (TSE:340A) has a Debt-to-Equity of 0.01 as of May. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Zig-Zag and its competitors. This is 90% below median its historical median of 0.10. Over the past decade, Zig-Zag's Debt-to-Equity has ranged from 0.01 to 0.72. According to the industry distribution chart, Zig-Zag ranks #1 out of 951 companies in the Business Services industry, placing it in the top 0.099999999999994%.
Is Zig-Zag's Debt-to-Equity too high?
Zig-Zag's current Debt-to-Equity of 0.01 is 90% below median its 10-year median of 0.10. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.72. The Business Services industry median Debt-to-Equity is 0.34. Zig-Zag's value of 0.01 is 97.1% below this industry median. Based on the distribution chart, Zig-Zag ranks #1 out of 951 companies in the Business Services industry, which is in the top quartile — a strong position relative to peers. Overall, Zig-Zag has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Zig-Zag's Debt-to-Equity compare to CTAS and CPRT?
According to the Business Services industry distribution chart, Zig-Zag ranks #1 out of 951 companies for Debt-to-Equity. This places Zig-Zag in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.34. Zig-Zag's value of 0.01 is 97.1% below this benchmark. Historically, Zig-Zag's own Debt-to-Equity has ranged from 0.01 to 0.72 over the past decade. While the company's 10-year median is 0.10 vs. the industry median of 0.34, Zig-Zag 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. Zig-Zag's current Debt-to-Equity of 0.01 is 97.1% 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 Zig-Zag 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. Zig-Zag's current Debt-to-Equity is 0.01, which is 90% below median its own 10-year median of 0.10. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Zig-Zag stock overvalued right now?
Zig-Zag (TSE:340A) has a current Debt-to-Equity of 0.01. The current Debt-to-Equity is 0.01, which is 90% below median its 10-year median of 0.10 and 97.1% below the Business Services industry median of 0.34. Zig-Zag's overall GF Score™ is 22/100 with 2 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 Zig-Zag (TSE:340A), the current Debt-to-Equity is 0.01 as of May. 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.
Zig-Zag Inc is engaged in provision of the purchasing agent service for overseas customers, WorldShopping, and the Cross-border EC support service for domestic EC-site, WorldShoppingBIZ.
22GF Score
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