Unbanked (TSE:8746) Debt-to-Equity: 0.12 (As of Mar. 2026)

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Vera Yuan
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:8746 Unbanked Inc TSE:8746
42 GF Score
Price 円101.00
GF Value 円455.43
Valuation Possible Value Trap
! 6 Warning Signs
View Full Analysis

What is Unbanked Debt-to-Equity?

Unbanked TSE:8746 +4.12% 42 Debt-to-Equity is 0.12 as of Mar. 2026. GuruFocus rates TSE:8746 with a GF Score™ of 42/100 and a GF Value™ of 円455.43 (Possible Value Trap). The stock has 6 warning signs investors should review. Among 609 Capital Markets companies, Unbanked ranks better than 69.79% on this metric.

Unbanked's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円330 Mil. Unbanked's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円0 Mil. Unbanked's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円2,857 Mil. Unbanked's debt to equity for the quarter that ended in Mar. 2026 was 0.12.

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

TSE:8746' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0   Max: 0.12
Current: 0.12

During the past 13 years, the highest Debt-to-Equity Ratio of Unbanked was 0.12. The lowest was 0.00. And the median was 0.00.

TSE:8746's Debt-to-Equity is ranked better than
69.79% of 609 companies
in the Capital Markets industry
Industry Median: 0.32 vs TSE:8746: 0.12

Unbanked  (TSE:8746) 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.


Unbanked Debt-to-Equity Related Terms


Unbanked Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Unbanked'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.

Unbanked Debt-to-Equity Chart

Unbanked 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 0.12

Unbanked Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.02 0.04 0.12

TSE:8746 vs MS, GS, SCHW: Debt-to-Equity Comparison

For the Capital Markets subindustry, Unbanked'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.


Unbanked Debt-to-Equity vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Unbanked's Debt-to-Equity distribution charts can be found below:

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


TSE:8746
42GF Score
Unbanked Inc TSE:8746
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Unbanked Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Unbanked'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 0.12 mean?
Unbanked (TSE:8746) has a Debt-to-Equity of 0.12 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Unbanked and its competitors. According to the industry distribution chart, Unbanked ranks #184 out of 609 companies in the Capital Markets industry, placing it in the top 30.2%.
Is Unbanked's Debt-to-Equity too high?
Unbanked's current Debt-to-Equity is 0.12. The Capital Markets industry median Debt-to-Equity is 0.32. Unbanked's value of 0.12 is 62.5% below this industry median. Based on the distribution chart, Unbanked ranks #184 out of 609 companies in the Capital Markets industry, which is above the industry midpoint. Overall, Unbanked has a GF Score™ of 42/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Unbanked's Debt-to-Equity compare to MS and GS?
According to the Capital Markets industry distribution chart, Unbanked ranks #184 out of 609 companies for Debt-to-Equity. This puts Unbanked in the upper half of its industry. The industry median Debt-to-Equity is 0.32. Unbanked's value of 0.12 is 62.5% below this benchmark. 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 Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.32, based on 609 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. Unbanked's current Debt-to-Equity of 0.12 is 62.5% 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 Unbanked and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Unbanked's current Debt-to-Equity is 0.12. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Unbanked stock overvalued right now?
Based on GuruFocus' analysis, Unbanked (TSE:8746) is currently considered Possible Value Trap. The stock's GF Value™ is 円455.43, compared to a current price of 円101.00 — trading 77.8% below its estimated fair value. The current Debt-to-Equity is 0.12 and 62.5% below the Capital Markets industry median of 0.32. Unbanked's overall GF Score™ is 42/100 with 6 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 Unbanked (TSE:8746), the current Debt-to-Equity is 0.12 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 Unbanked (TSE:8746) Overvalued in 2026?

Based on GuruFocus' analysis, Unbanked stock appears to be undervalued. The current stock price of 円101.00 is trading 77.8% below its estimated GF Value™ of 円455.43. GuruFocus considers Unbanked to be Possible Value Trap.

Key valuation signals for TSE:8746:

  • Debt-to-Equity: 0.12
  • GF Value™: 円455.43 vs. price of 円101.00 (77.8% below fair value)
  • GF Score™: 42/100 with 6 warning signs
  • Industry Position: 62.5% below the Capital Markets median (#184 of 609)

No single metric tells the full story. See the TSE:8746 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Unbanked Business Description

Address Ebisu First Square 9th Floor, 1-18-14 Ebisu, Shibuya-ku, Tokyo, JPN
Unbanked Inc provides commodity futures trading services. It trades for its own account and clients. It also engages in commodity fund business, foreign exchange trading and sale of precious metals.
42GF Score

Get the complete analysis for TSE:8746

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

円101.00
Price
円455.43
GF Value