Business Engineering (TSE:4828) Debt-to-Equity: 0.01 (As of Mar. 2026) — 50% Below Median

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:4828 Business Engineering Corp TSE:4828
92 GF Score
Price 円1,335.00
GF Value 円1,049.83
Valuation Modestly Overvalued
View Full Analysis

What is Business Engineering Debt-to-Equity?

Business Engineering TSE:4828 -2.98% 92 Debt-to-Equity is 0.01 as of Mar. 2026, which is 50% below its 10-year median of 0.02. GuruFocus rates TSE:4828 with a GF Score™ of 92/100 and a GF Value™ of 円1,049.83 (Modestly Overvalued). Among 2,241 Software companies, Business Engineering ranks worse than 44622.89% on this metric.

Business Engineering's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円100 Mil. Business Engineering's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円0 Mil. Business Engineering's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円16,071 Mil. Business Engineering's debt to equity for the quarter that ended in Mar. 2026 was 0.01.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Business Engineering was 0.46. The lowest was 0.01. And the median was 0.02.

TSE:4828's Debt-to-Equity is not ranked *
in the Software industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Business Engineering  (TSE:4828) 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.


Business Engineering Debt-to-Equity Related Terms


Business Engineering Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Business Engineering'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.

Business Engineering Debt-to-Equity Chart

Business Engineering 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 0.01 0.01 0.01 0.01 0.01

Business Engineering 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 0.00 0.00 0.00 0.01 0.00

TSE:4828 vs CRM, SHOP, UBER: Debt-to-Equity Comparison

For the Software - Application subindustry, Business Engineering'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.


Business Engineering Debt-to-Equity vs Software Industry

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

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


TSE:4828
92GF Score
Business Engineering Corp TSE:4828
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Business Engineering Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Business Engineering'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 0.01 mean?
Business Engineering (TSE:4828) has a Debt-to-Equity of 0.01 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Business Engineering and its competitors. This is 50% below median its historical median of 0.02. Over the past decade, Business Engineering's Debt-to-Equity has ranged from 0.01 to 0.46. According to the industry distribution chart, Business Engineering ranks #999999 out of 2241 companies in the Software industry.
Is Business Engineering's Debt-to-Equity too high?
Business Engineering's current Debt-to-Equity of 0.01 is 50% below median its 10-year median of 0.02. Over the past 10 years, this metric has ranged from a low of 0.01 to a high of 0.46. The Software industry median Debt-to-Equity is 0.21. Business Engineering's value of 0.01 is 95.2% below this industry median. Based on the distribution chart, Business Engineering ranks #999999 out of 2241 companies in the Software industry, which is in the bottom quartile relative to peers. Overall, Business Engineering has a GF Score™ of 92/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Business Engineering's Debt-to-Equity compare to CRM and SHOP?
According to the Software industry distribution chart, Business Engineering ranks #999999 out of 2241 companies for Debt-to-Equity. This places Business Engineering in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Business Engineering's value of 0.01 is 95.2% below this benchmark. Historically, Business Engineering's own Debt-to-Equity has ranged from 0.01 to 0.46 over the past decade. While the company's 10-year median is 0.02 vs. the industry median of 0.21, Business Engineering 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 Software company?
The median Debt-to-Equity among Software companies is 0.21, based on 2,241 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. Business Engineering's current Debt-to-Equity of 0.01 is 95.2% 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 Business Engineering 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. Business Engineering's current Debt-to-Equity is 0.01, which is 50% below median its own 10-year median of 0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Business Engineering stock overvalued right now?
Based on GuruFocus' analysis, Business Engineering (TSE:4828) is currently considered Modestly Overvalued. The stock's GF Value™ is 円1,049.83, compared to a current price of 円1,335.00 — trading 27.2% above its estimated fair value. The current Debt-to-Equity is 0.01, which is 50% below median its 10-year median of 0.02 and 95.2% below the Software industry median of 0.21. Business Engineering's overall GF Score™ is 92/100. 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 Business Engineering (TSE:4828), the current Debt-to-Equity is 0.01 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 Business Engineering (TSE:4828) Overvalued in 2026?

Based on GuruFocus' analysis, Business Engineering stock appears to be overvalued. The current stock price of 円1,335.00 is trading 27.2% above its estimated GF Value™ of 円1,049.83. GuruFocus considers Business Engineering to be Modestly Overvalued.

Key valuation signals for TSE:4828:

  • Debt-to-Equity: 0.01 (50% below median its 10-year median of 0.02)
  • GF Value™: 円1,049.83 vs. price of 円1,335.00 (27.2% above fair value)
  • GF Score™: 92/100
  • Industry Position: 95.2% below the Software median (#999999 of 2241)

No single metric tells the full story. See the TSE:4828 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Business Engineering Business Description

Address 1-8-1 Otemachi, Chiyoda-ku, KDDI Otemachi Building, Tokyo, JPN, 100-0004
Business Engineering Corp is a Japan-based company engaged in providing enterprise software solutions. The solutions offered by the company include Wide line up solutions, Oracle, Mcframe, Mcframe cloud, Global MES, SAP, Mcframe motion VR learning.
92GF Score

Get the complete analysis for TSE:4828

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

円1,335.00
Price
円1,049.83
GF Value