WonderPlanet (TSE:4199) Debt-to-Equity: 3.87 (As of Feb. 2026) — 185% Above Median

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Director of Data and Quant Analytics at GuruFocus
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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:4199 WonderPlanet Inc TSE:4199
60 GF Score
Price 円800.00
GF Value 円680.17
Valuation Modestly Overvalued
! 4 Warning Signs
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What is WonderPlanet Debt-to-Equity?

WonderPlanet TSE:4199 -2.56% 60 Debt-to-Equity is 3.87 as of Feb. 2026, which is 185% above its 10-year median of 1.36. GuruFocus rates TSE:4199 with a GF Score™ of 60/100 and a GF Value™ of 円680.17 (Modestly Overvalued). The stock has 4 warning signs investors should review. Among 2,246 Software companies, WonderPlanet ranks worse than 97.24% on this metric.

WonderPlanet's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円545 Mil. WonderPlanet's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Feb. 2026 was 円761 Mil. WonderPlanet's Total Stockholders Equity for the quarter that ended in Feb. 2026 was 円337 Mil. WonderPlanet's debt to equity for the quarter that ended in Feb. 2026 was 3.87.

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

TSE:4199' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.13   Med: 1.36   Max: 6.95
Current: 3.92

During the past 6 years, the highest Debt-to-Equity Ratio of WonderPlanet was 6.95. The lowest was 0.13. And the median was 1.36.

TSE:4199's Debt-to-Equity is ranked worse than
97.24% of 2246 companies
in the Software industry
Industry Median: 0.205 vs TSE:4199: 3.92

WonderPlanet  (TSE:4199) 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.


WonderPlanet Debt-to-Equity Related Terms


WonderPlanet Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for WonderPlanet'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.

WonderPlanet Debt-to-Equity Chart

WonderPlanet Annual Data
Trend Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Debt-to-Equity
Get a 7-Day Free Trial 0.19 2.79 1.46 1.26 1.96

WonderPlanet Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 1.85 1.96 3.12 3.87 3.92

TSE:4199 vs CRM, SHOP, UBER: Debt-to-Equity Comparison

For the Software - Application subindustry, WonderPlanet'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.


WonderPlanet Debt-to-Equity vs Software Industry

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

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


TSE:4199
60GF Score
WonderPlanet Inc TSE:4199
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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WonderPlanet Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

WonderPlanet's Debt to Equity Ratio for the quarter that ended in Feb. 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 3.87 mean?
WonderPlanet (TSE:4199) has a Debt-to-Equity of 3.87 as of Feb. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on WonderPlanet and its competitors. This is 185% above median its historical median of 1.36. Over the past decade, WonderPlanet's Debt-to-Equity has ranged from 0.13 to 6.95. According to the industry distribution chart, WonderPlanet ranks #2184 out of 2246 companies in the Software industry, placing it in the top 97.2%.
Is WonderPlanet's Debt-to-Equity too high?
WonderPlanet's current Debt-to-Equity of 3.87 is 185% above median its 10-year median of 1.36. Over the past 10 years, this metric has ranged from a low of 0.13 to a high of 6.95. The Software industry median Debt-to-Equity is 0.21. WonderPlanet's value of 3.87 is 1787.8% above this industry median. Based on the distribution chart, WonderPlanet ranks #2184 out of 2246 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, WonderPlanet has a GF Score™ of 60/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does WonderPlanet's Debt-to-Equity compare to CRM and SHOP?
According to the Software industry distribution chart, WonderPlanet ranks #2184 out of 2246 companies for Debt-to-Equity. This places WonderPlanet in the lower half of its industry. The industry median Debt-to-Equity is 0.21. WonderPlanet's value of 3.87 is 1787.8% above this benchmark. Historically, WonderPlanet's own Debt-to-Equity has ranged from 0.13 to 6.95 over the past decade. While the company's 10-year median is 1.36 vs. the industry median of 0.21, WonderPlanet 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 0.21, based on 2,246 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. WonderPlanet's current Debt-to-Equity of 3.87 is 1787.8% 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 WonderPlanet and its competitors. For the Software industry, the median Debt-to-Equity is 0.21 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WonderPlanet's current Debt-to-Equity is 3.87, which is 185% above median its own 10-year median of 1.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WonderPlanet stock overvalued right now?
Based on GuruFocus' analysis, WonderPlanet (TSE:4199) is currently considered Modestly Overvalued. The stock's GF Value™ is 円680.17, compared to a current price of 円800.00 — trading 17.6% above its estimated fair value. The current Debt-to-Equity is 3.87, which is 185% above median its 10-year median of 1.36 and 1787.8% above the Software industry median of 0.21. WonderPlanet's overall GF Score™ is 60/100 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 WonderPlanet (TSE:4199), the current Debt-to-Equity is 3.87 as of Feb. 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 WonderPlanet (TSE:4199) Overvalued in 2026?

Based on GuruFocus' analysis, WonderPlanet stock appears to be overvalued. The current stock price of 円800.00 is trading 17.6% above its estimated GF Value™ of 円680.17. GuruFocus considers WonderPlanet to be Modestly Overvalued.

Key valuation signals for TSE:4199:

  • Debt-to-Equity: 3.87 (185% above median its 10-year median of 1.36)
  • GF Value™: 円680.17 vs. price of 円800.00 (17.6% above fair value)
  • GF Score™: 60/100 with 4 warning signs
  • Industry Position: 1787.8% above the Software median (#2184 of 2246)

No single metric tells the full story. See the TSE:4199 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


WonderPlanet Business Description

Address Nishiki 3-23-18, New Sakae Building 5th Floor, Naka-ku, Aichi prefecture, Nagoya, JPN, 460-0003
WonderPlanet Inc designs and develops native language applications and games. It is engaged in planning, developing, operating, and selling mobile games, and also developing platforms.
60GF Score

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

円800.00
Price
円680.17
GF Value