Area Quest (TSE:8912) Debt-to-Equity: 0.30 (As of Mar. 2026) — 17% Below Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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TSE:8912 Area Quest Inc TSE:8912
72 GF Score
Price 円159.00
GF Value 円173.90
Valuation Fairly Valued
! 2 Warning Signs
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What is Area Quest Debt-to-Equity?

Area Quest TSE:8912 -1.24% 72 Debt-to-Equity is 0.30 as of Mar. 2026, which is 17% below its 10-year median of 0.36. GuruFocus rates TSE:8912 with a GF Score™ of 72/100 and a GF Value™ of 円173.90 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,546 Real Estate companies, Area Quest ranks better than 69.08% on this metric.

Area Quest's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円262 Mil. Area Quest's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was 円194 Mil. Area Quest's Total Stockholders Equity for the quarter that ended in Mar. 2026 was 円1,545 Mil. Area Quest's debt to equity for the quarter that ended in Mar. 2026 was 0.30.

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

TSE:8912' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.25   Med: 0.36   Max: 0.5
Current: 0.36

During the past 13 years, the highest Debt-to-Equity Ratio of Area Quest was 0.50. The lowest was 0.25. And the median was 0.36.

TSE:8912's Debt-to-Equity is ranked better than
69.08% of 1546 companies
in the Real Estate industry
Industry Median: 0.75 vs TSE:8912: 0.36

Area Quest  (TSE:8912) 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.


Area Quest Debt-to-Equity Related Terms


Area Quest Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Area Quest'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.

Area Quest Debt-to-Equity Chart

Area Quest Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25 Jun26
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.37 0.35 0.43 0.45 0.36

Area Quest Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 0.45 0.40 0.33 0.30 0.36

TSE:8912 vs CBRE, BEKE, JLL: Debt-to-Equity Comparison

For the Real Estate Services subindustry, Area Quest'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.


Area Quest Debt-to-Equity vs Real Estate Industry

For the Real Estate industry and Real Estate sector, Area Quest's Debt-to-Equity distribution charts can be found below:

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


TSE:8912
72GF Score
Area Quest Inc TSE:8912
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Area Quest Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Area Quest's Debt to Equity Ratio for the fiscal year that ended in Jun. 2026 is calculated as

Area Quest'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 0.30 mean?
Area Quest (TSE:8912) has a Debt-to-Equity of 0.30 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Area Quest and its competitors. This is 17% below median its historical median of 0.36. Over the past decade, Area Quest's Debt-to-Equity has ranged from 0.25 to 0.50. According to the industry distribution chart, Area Quest ranks #478 out of 1546 companies in the Real Estate industry, placing it in the top 30.9%.
Is Area Quest's Debt-to-Equity too high?
Area Quest's current Debt-to-Equity of 0.30 is 17% below median its 10-year median of 0.36. Over the past 10 years, this metric has ranged from a low of 0.25 to a high of 0.50. The Real Estate industry median Debt-to-Equity is 0.75. Area Quest's value of 0.30 is 60% below this industry median. Based on the distribution chart, Area Quest ranks #478 out of 1546 companies in the Real Estate industry, which is above the industry midpoint. Overall, Area Quest has a GF Score™ of 72/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Area Quest's Debt-to-Equity compare to CBRE and BEKE?
According to the Real Estate industry distribution chart, Area Quest ranks #478 out of 1546 companies for Debt-to-Equity. This puts Area Quest in the upper half of its industry. The industry median Debt-to-Equity is 0.75. Area Quest's value of 0.30 is 60% below this benchmark. Historically, Area Quest's own Debt-to-Equity has ranged from 0.25 to 0.50 over the past decade. While the company's 10-year median is 0.36 vs. the industry median of 0.75, Area Quest 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 Real Estate company?
The median Debt-to-Equity among Real Estate companies is 0.75, based on 1,546 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. Area Quest's current Debt-to-Equity of 0.30 is 60% 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 Area Quest and its competitors. For the Real Estate industry, the median Debt-to-Equity is 0.75 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Area Quest's current Debt-to-Equity is 0.30, which is 17% below median its own 10-year median of 0.36. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Area Quest stock overvalued right now?
Based on GuruFocus' analysis, Area Quest (TSE:8912) is currently considered Fairly Valued. The stock's GF Value™ is 円173.90, compared to a current price of 円159.00 — trading 8.6% below its estimated fair value. The current Debt-to-Equity is 0.30, which is 17% below median its 10-year median of 0.36 and 60% below the Real Estate industry median of 0.75. Area Quest's overall GF Score™ is 72/100 with 2 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 Area Quest (TSE:8912), the current Debt-to-Equity is 0.30 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 Area Quest (TSE:8912) Overvalued in 2026?

Based on GuruFocus' analysis, Area Quest stock appears to be undervalued. The current stock price of 円159.00 is trading 8.6% below its estimated GF Value™ of 円173.90. GuruFocus considers Area Quest to be Fairly Valued.

Key valuation signals for TSE:8912:

  • Debt-to-Equity: 0.30 (17% below median its 10-year median of 0.36)
  • GF Value™: 円173.90 vs. price of 円159.00 (8.6% below fair value)
  • GF Score™: 72/100 with 2 warning signs
  • Industry Position: 60% below the Real Estate median (#478 of 1546)

No single metric tells the full story. See the TSE:8912 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Area Quest Business Description

Address 7th Floor, 6-5-1 Nishi Shinjuku, Shinjuku Island Tower, Shinjuku-ku, Tokyo, JPN, 163-1307
Area Quest Inc operates as a real estate business solution provider. The business of the company includes tenant invitation, update and contract management, and building management.
72GF Score

Get the complete analysis for TSE:8912

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

円159.00
Price
円173.90
GF Value