Hotto Link (TSE:3680) Debt-to-Equity: 0.31 (As of Jun. 2026) — 23% Below Median

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Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
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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:3680 Hotto Link Inc TSE:3680
54 GF Score
Price 円207.00
GF Value 円179.35
Valuation Modestly Overvalued
! 3 Warning Signs
View Full Analysis

What is Hotto Link Debt-to-Equity?

Hotto Link TSE:3680 54 Debt-to-Equity is 0.31 as of Jun. 2026, which is 23% below its 10-year median of 0.40. GuruFocus rates TSE:3680 with a GF Score™ of 54/100 and a GF Value™ of 円179.35 (Modestly Overvalued). The stock has 3 warning signs investors should review. Among 2,239 Software companies, Hotto Link ranks worse than 59.27% on this metric.

Hotto Link's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was 円587 Mil. Hotto Link's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was 円633 Mil. Hotto Link's Total Stockholders Equity for the quarter that ended in Jun. 2026 was 円3,894 Mil. Hotto Link's debt to equity for the quarter that ended in Jun. 2026 was 0.31.

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 Hotto Link's Debt-to-Equity or its related term are showing as below:

TSE:3680' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.08   Med: 0.4   Max: 1.12
Current: 0.31

During the past 13 years, the highest Debt-to-Equity Ratio of Hotto Link was 1.12. The lowest was 0.08. And the median was 0.40.

TSE:3680's Debt-to-Equity is ranked worse than
59.27% of 2239 companies
in the Software industry
Industry Median: 0.2 vs TSE:3680: 0.31

Hotto Link  (TSE:3680) 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.


Hotto Link Debt-to-Equity Related Terms


Hotto Link Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Hotto Link'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.

Hotto Link Debt-to-Equity Chart

Hotto Link Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.42 0.23 0.19 0.17 0.24

Hotto Link Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Dec24 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 0.16 0.15 0.24 0.23 0.31

TSE:3680 vs MSFT, PLTR, ORCL: Debt-to-Equity Comparison

For the Software - Infrastructure subindustry, Hotto Link'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.


Hotto Link Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, Hotto Link's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Hotto Link's Debt-to-Equity falls into.


TSE:3680
54GF Score
Hotto Link Inc TSE:3680
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Hotto Link Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Hotto Link's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Hotto Link's Debt to Equity Ratio for the quarter that ended in Jun. 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 0.31 mean?
Hotto Link (TSE:3680) has a Debt-to-Equity of 0.31 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Hotto Link and its competitors. This is 23% below median its historical median of 0.40. Over the past decade, Hotto Link's Debt-to-Equity has ranged from 0.08 to 1.12. According to the industry distribution chart, Hotto Link ranks #1327 out of 2239 companies in the Software industry, placing it in the top 59.3%.
Is Hotto Link's Debt-to-Equity too high?
Hotto Link's current Debt-to-Equity of 0.31 is 23% below median its 10-year median of 0.40. Over the past 10 years, this metric has ranged from a low of 0.08 to a high of 1.12. The Software industry median Debt-to-Equity is 0.20. Hotto Link's value of 0.31 is 55% above this industry median. Based on the distribution chart, Hotto Link ranks #1327 out of 2239 companies in the Software industry, which is below the industry midpoint. Overall, Hotto Link has a GF Score™ of 54/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Hotto Link's Debt-to-Equity compare to MSFT and PLTR?
According to the Software industry distribution chart, Hotto Link ranks #1327 out of 2239 companies for Debt-to-Equity. This places Hotto Link in the lower half of its industry. The industry median Debt-to-Equity is 0.20. Hotto Link's value of 0.31 is 55% above this benchmark. Historically, Hotto Link's own Debt-to-Equity has ranged from 0.08 to 1.12 over the past decade. While the company's 10-year median is 0.40 vs. the industry median of 0.20, Hotto Link has consistently been above 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 Software company?
The median Debt-to-Equity among Software companies is 0.20, based on 2,239 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. Hotto Link's current Debt-to-Equity of 0.31 is 55% above 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 Hotto Link and its competitors. For the Software industry, the median Debt-to-Equity is 0.20 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Hotto Link's current Debt-to-Equity is 0.31, which is 23% below median its own 10-year median of 0.40. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hotto Link stock overvalued right now?
Based on GuruFocus' analysis, Hotto Link (TSE:3680) is currently considered Modestly Overvalued. The stock's GF Value™ is 円179.35, compared to a current price of 円207.00 — trading 15.4% above its estimated fair value. The current Debt-to-Equity is 0.31, which is 23% below median its 10-year median of 0.40 and 55% above the Software industry median of 0.20. Hotto Link's overall GF Score™ is 54/100 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 Hotto Link (TSE:3680), the current Debt-to-Equity is 0.31 as of Jun. 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 Hotto Link (TSE:3680) Overvalued in 2026?

Based on GuruFocus' analysis, Hotto Link stock appears to be overvalued. The current stock price of 円207.00 is trading 15.4% above its estimated GF Value™ of 円179.35. GuruFocus considers Hotto Link to be Modestly Overvalued.

Key valuation signals for TSE:3680:

  • Debt-to-Equity: 0.31 (23% below median its 10-year median of 0.40)
  • GF Value™: 円179.35 vs. price of 円207.00 (15.4% above fair value)
  • GF Score™: 54/100 with 3 warning signs
  • Industry Position: 55% above the Software median (#1327 of 2239)

No single metric tells the full story. See the TSE:3680 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Hotto Link Business Description

Address 1-3-11 Fujimi, 5th Floor, Fujimi Duplex Biz, Chiyoda-ku, Tokyo, JPN, 102-0071
Hotto Link Inc provides social big data solutions, offering SNS marketing support services mainly for domestic clients and selling SNS data access rights through its DaaS business. It also operates a Web3-related business that includes investment and research activities via Nonagon Capital, supporting startups and offering community services like Nonagon Report and Nonagon Connect.
54GF Score

Get the complete analysis for TSE:3680

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

円207.00
Price
円179.35
GF Value