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Rasa IndustriesTSE:4022 -4.11%72 Debt-to-Equity is 0.24 as of Mar. 2026, which is 57% below its 10-year median of 0.56. GuruFocus rates TSE:4022 with a GF Score™ of 72/100 and a GF Value™ of 円609.64 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 1,419 Chemicals companies, Rasa Industries ranks better than 60.04% 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 Rasa Industries's Debt-to-Equity or its related term are showing as below:
TSE:4022'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.24 Med: 0.56 Max: 1.01
Current: 0.25
During the past 13 years, the highest Debt-to-Equity Ratio of Rasa Industries was 1.01. The lowest was 0.24. And the median was 0.56.
TSE:4022's Debt-to-Equity is ranked better than 60.04% of 1419
companies
in the Chemicals industry
Industry Median: 0.36
vs TSE:4022: 0.25
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.
Rasa Industries Debt-to-Equity Related Terms
Rasa Industries Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Rasa Industries'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:4022 vs LIN, SHW, ECL: Debt-to-Equity Comparison
For the Specialty Chemicals subindustry, Rasa Industries'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.
Rasa Industries Debt-to-Equity vs Chemicals Industry
For the Chemicals industry and Basic Materials sector, Rasa Industries's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Rasa Industries'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.
Rasa Industries (TSE:4022) has a Debt-to-Equity of 0.24 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Rasa Industries and its competitors. This is 57% below median its historical median of 0.56. Over the past decade, Rasa Industries' Debt-to-Equity has ranged from 0.24 to 1.01. According to the industry distribution chart, Rasa Industries ranks #567 out of 1419 companies in the Chemicals industry, placing it in the top 40%.
Is Rasa Industries' Debt-to-Equity too high?
Rasa Industries' current Debt-to-Equity of 0.24 is 57% below median its 10-year median of 0.56. Over the past 10 years, this metric has ranged from a low of 0.24 to a high of 1.01. The Chemicals industry median Debt-to-Equity is 0.36. Rasa Industries' value of 0.24 is 33.3% below this industry median. Based on the distribution chart, Rasa Industries ranks #567 out of 1419 companies in the Chemicals industry, which is above the industry midpoint. Overall, Rasa Industries has a GF Score™ of 72/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Rasa Industries' Debt-to-Equity compare to LIN and SHW?
According to the Chemicals industry distribution chart, Rasa Industries ranks #567 out of 1419 companies for Debt-to-Equity. This puts Rasa Industries in the upper half of its industry. The industry median Debt-to-Equity is 0.36. Rasa Industries' value of 0.24 is 33.3% below this benchmark. Historically, Rasa Industries' own Debt-to-Equity has ranged from 0.24 to 1.01 over the past decade. While the company's 10-year median is 0.56 vs. the industry median of 0.36, Rasa Industries 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 Chemicals company?
The median Debt-to-Equity among Chemicals companies is 0.36, based on 1,419 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. Rasa Industries's current Debt-to-Equity of 0.24 is 33.3% 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 Rasa Industries and its competitors. For the Chemicals industry, the median Debt-to-Equity is 0.36 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Rasa Industries's current Debt-to-Equity is 0.24, which is 57% below median its own 10-year median of 0.56. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Rasa Industries stock overvalued right now?
Based on GuruFocus' analysis, Rasa Industries (TSE:4022) is currently considered Significantly Overvalued. The stock's GF Value™ is 円609.64, compared to a current price of 円1,985.00 — trading 225.6% above its estimated fair value. The current Debt-to-Equity is 0.24, which is 57% below median its 10-year median of 0.56 and 33.3% below the Chemicals industry median of 0.36. Rasa Industries' overall GF Score™ is 72/100 with 4 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 Rasa Industries (TSE:4022), the current Debt-to-Equity is 0.24 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 Rasa Industries (TSE:4022) Overvalued in 2026?
Based on GuruFocus' analysis, Rasa Industries stock appears to be overvalued.
The current stock price of 円1,985.00 is trading 225.6% above its estimated GF Value™ of 円609.64.
GuruFocus considers Rasa Industries to be Significantly Overvalued.
Key valuation signals for TSE:4022:
Debt-to-Equity: 0.24 (57% below median its 10-year median of 0.56)
GF Value™: 円609.64 vs. price of 円1,985.00 (225.6% above fair value)
Industry Position: 33.3% below the Chemicals median (#567 of 1419)
No single metric tells the full story. See the TSE:4022 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Rasa Industries Ltd is engaged in the chemicals, machinery, and electronic materials business. The chemicals division manufactures and sells basic chemicals based on phosphorus-based products. The machinery division provides various machines such as drilling, crushing, and sorting, and the Electronic materials division is engaged in the development of the electronics industry by supplying high-purity inorganic materials that are raw materials for compound semiconductors, as well as resist strippers and coating agents used in semiconductor and liquid crystal panel manufacturing processes.
72GF Score
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