Fixstars (TSE:3687) Debt-to-Equity: 0.00 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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:3687 Fixstars Corp TSE:3687
100 GF Score
Price 円2,224.00
GF Value 円2,221.01
Valuation Fairly Valued
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What is Fixstars Debt-to-Equity?

Fixstars TSE:3687 +5.50% 100 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates TSE:3687 with a GF Score™ of 100/100 and a GF Value™ of 円2,221.01 (Fairly Valued). Among 2,239 Software companies, Fixstars ranks worse than 44662.75% on this metric.

Fixstars's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円28 Mil. Fixstars's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円9 Mil. Fixstars's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円8,749 Mil. Fixstars's debt to equity for the quarter that ended in Mar. 2026 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Fixstars was 1.09. The lowest was 0.00. And the median was 0.21.

TSE:3687's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.2
* Ranked among companies with meaningful Debt-to-Equity only.

Fixstars  (TSE:3687) 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.


Fixstars Debt-to-Equity Related Terms


Fixstars Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Fixstars'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.

Fixstars Debt-to-Equity Chart

Fixstars Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.83 0.48 0.23 0.08 0.01

Fixstars Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.01 0.01 0.01 0.00 0.00

TSE:3687 vs CRM, SHOP, UBER: Debt-to-Equity Comparison

For the Software - Application subindustry, Fixstars'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.


Fixstars Debt-to-Equity vs Software Industry

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

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


TSE:3687
100GF Score
Fixstars Corp TSE:3687
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Fixstars Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Fixstars's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Fixstars'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 0.00 mean?
Fixstars (TSE:3687) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Fixstars and its competitors. According to the industry distribution chart, Fixstars ranks #999999 out of 2239 companies in the Software industry.
Is Fixstars' Debt-to-Equity too high?
Fixstars' current Debt-to-Equity is 0.00. Based on the distribution chart, Fixstars ranks #999999 out of 2239 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Fixstars has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Fixstars' Debt-to-Equity compare to CRM and SHOP?
According to the Software industry distribution chart, Fixstars ranks #999999 out of 2239 companies for Debt-to-Equity. This places Fixstars in the lower half of its industry. The industry median Debt-to-Equity is 0.20. 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. 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 Fixstars 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. Fixstars's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fixstars stock overvalued right now?
Based on GuruFocus' analysis, Fixstars (TSE:3687) is currently considered Fairly Valued. The stock's GF Value™ is 円2,221.01, compared to a current price of 円2,224.00 — trading 0.1% above its estimated fair value. The current Debt-to-Equity is 0.00. Fixstars' overall GF Score™ is 100/100. 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 Fixstars (TSE:3687), the current Debt-to-Equity is 0.00 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 Fixstars (TSE:3687) Overvalued in 2026?

Based on GuruFocus' analysis, Fixstars stock appears to be overvalued. The current stock price of 円2,224.00 is trading 0.1% above its estimated GF Value™ of 円2,221.01. GuruFocus considers Fixstars to be Fairly Valued.

Key valuation signals for TSE:3687:

  • Debt-to-Equity: 0.00
  • GF Value™: 円2,221.01 vs. price of 円2,224.00 (0.1% above fair value)
  • GF Score™: 100/100

No single metric tells the full story. See the TSE:3687 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Fixstars Business Description

Other Exchanges FXSRF:USA
Address 1-11-1 Ohsaki, Shinagawa-Ku, Gate City Ohsaki West Tower 18Floor, Tokyo, JPN, 141-0032
Fixstars Corp is a Japan based software company. It offers multicore processors and application acceleration for the next generation of memory technology that delivers high speed IO as well as power savings. The solutions offered by the company are quantum computing, IoT, machine learning and FPGA. It operates in the business areas of Automotive, Flash storage, Industrial equipment, Finance, Healthcare and HPC. The company's products are M-cubed, Geometric Performance Primitives, FlashAir and Yellow Dog Appliance Server.
100GF Score

Get the complete analysis for TSE:3687

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

円2,224.00
Price
円2,221.01
GF Value