HIMACS (TSE:4299) Debt-to-Equity: 0.00 (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
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:4299 HIMACS Ltd TSE:4299
66 GF Score
Price 円1,195.00
GF Value 円1,506.99
Valuation Modestly Undervalued
View Full Analysis

What is HIMACS Debt-to-Equity?

HIMACS TSE:4299 -0.75% 66 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates TSE:4299 with a GF Score™ of 66/100 and a GF Value™ of 円1,506.99 (Modestly Undervalued). Among 2,246 Software companies, HIMACS ranks worse than 44523.55% on this metric.

HIMACS's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円0 Mil. HIMACS's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円0 Mil. HIMACS's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円10,905 Mil. HIMACS'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 HIMACS's Debt-to-Equity or its related term are showing as below:

TSE:4299's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.2
* Ranked among companies with meaningful Debt-to-Equity only.

HIMACS  (TSE:4299) 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.


HIMACS Debt-to-Equity Related Terms


HIMACS Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for HIMACS'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.

HIMACS Debt-to-Equity Chart

HIMACS Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

HIMACS Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 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 0.00 0.00 0.00 0.00 0.00

TSE:4299 vs CRM, SHOP, UBER: Debt-to-Equity Comparison

For the Software - Application subindustry, HIMACS'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.


HIMACS Debt-to-Equity vs Software Industry

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

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


TSE:4299
66GF Score
HIMACS Ltd TSE:4299
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

HIMACS Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

HIMACS's Debt to Equity Ratio for the fiscal year that ended in Mar. 2026 is calculated as

HIMACS'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?
HIMACS (TSE:4299) 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 HIMACS and its competitors. According to the industry distribution chart, HIMACS ranks #999999 out of 2246 companies in the Software industry.
Is HIMACS's Debt-to-Equity too high?
HIMACS's current Debt-to-Equity is 0.00. Based on the distribution chart, HIMACS ranks #999999 out of 2246 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, HIMACS has a GF Score™ of 66/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does HIMACS's Debt-to-Equity compare to CRM and SHOP?
According to the Software industry distribution chart, HIMACS ranks #999999 out of 2246 companies for Debt-to-Equity. This places HIMACS 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 2,246 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. 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 HIMACS 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. HIMACS'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 HIMACS stock overvalued right now?
Based on GuruFocus' analysis, HIMACS (TSE:4299) is currently considered Modestly Undervalued. The stock's GF Value™ is 円1,506.99, compared to a current price of 円1,195.00 — trading 20.7% below its estimated fair value. The current Debt-to-Equity is 0.00. HIMACS's overall GF Score™ is 66/100. 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 HIMACS (TSE:4299), 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 HIMACS (TSE:4299) Overvalued in 2026?

Based on GuruFocus' analysis, HIMACS stock appears to be undervalued. The current stock price of 円1,195.00 is trading 20.7% below its estimated GF Value™ of 円1,506.99. GuruFocus considers HIMACS to be Modestly Undervalued.

Key valuation signals for TSE:4299:

  • Debt-to-Equity: 0.00
  • GF Value™: 円1,506.99 vs. price of 円1,195.00 (20.7% below fair value)
  • GF Score™: 66/100

No single metric tells the full story. See the TSE:4299 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


HIMACS Business Description

Address 2-3-5, Minatomirai, Nishi-ku, Queen\'s Tower C, Kanagawa, Yokohama, JPN, 220-6216
HIMACS Ltd provides defined valued process for various system lifecycles in Japan. Its system solution services include the provision of consulting services, the design and development phase, testing and implementation of operating systems.
66GF Score

Get the complete analysis for TSE:4299

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

円1,195.00
Price
円1,506.99
GF Value