Kelso Technologies (TSX:KLS) Debt-to-Equity: 0.01 (As of Mar. 2026) — 50% Below Median

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Director of Data and Quant Analytics at GuruFocus
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TSX:KLS Kelso Technologies Inc TSX:KLS
28 GF Score
Price C$0.13
GF Value C$0.15
Valuation Modestly Undervalued
! 2 Warning Signs
View Full Analysis

What is Kelso Technologies Debt-to-Equity?

Kelso Technologies TSX:KLS 28 Debt-to-Equity is 0.01 as of Mar. 2026, which is 50% below its 10-year median of 0.02. GuruFocus rates TSX:KLS with a GF Score™ of 28/100 and a GF Value™ of C$0.15 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 910 Transportation companies, Kelso Technologies ranks better than 99.89% on this metric.

Kelso Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$0.08 Mil. Kelso Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$0.00 Mil. Kelso Technologies's Total Stockholders Equity for the quarter that ended in Mar. 2026 was C$5.82 Mil. Kelso Technologies'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 Kelso Technologies's Debt-to-Equity or its related term are showing as below:

TSX:KLS' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.02   Max: 0.05
Current: 0.01

During the past 13 years, the highest Debt-to-Equity Ratio of Kelso Technologies was 0.05. The lowest was 0.00. And the median was 0.02.

TSX:KLS's Debt-to-Equity is ranked better than
99.89% of 910 companies
in the Transportation industry
Industry Median: 0.53 vs TSX:KLS: 0.01

Kelso Technologies  (TSX:KLS) 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.


Kelso Technologies Debt-to-Equity Related Terms


Kelso Technologies Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Kelso Technologies'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.

Kelso Technologies Debt-to-Equity Chart

Kelso Technologies Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.02 0.01 0.00 0.03 0.02

Kelso Technologies Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 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 0.02 0.02 0.02 0.02 0.01

TSX:KLS vs UNP, CSX, NSC: Debt-to-Equity Comparison

For the Railroads subindustry, Kelso Technologies'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.


Kelso Technologies Debt-to-Equity vs Transportation Industry

For the Transportation industry and Industrials sector, Kelso Technologies's Debt-to-Equity distribution charts can be found below:

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


TSX:KLS
28GF Score
Kelso Technologies Inc TSX:KLS
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Kelso Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Kelso Technologies's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Kelso Technologies'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?
Kelso Technologies (TSX:KLS) 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 Kelso Technologies and its competitors. This is 50% below median its historical median of 0.02. According to the industry distribution chart, Kelso Technologies ranks #1 out of 910 companies in the Transportation industry, placing it in the top 0.099999999999994%.
Is Kelso Technologies' Debt-to-Equity too high?
Kelso Technologies' current Debt-to-Equity of 0.01 is 50% below median its 10-year median of 0.02. The Transportation industry median Debt-to-Equity is 0.53. Kelso Technologies' value of 0.01 is 98.1% below this industry median. Based on the distribution chart, Kelso Technologies ranks #1 out of 910 companies in the Transportation industry, which is in the top quartile — a strong position relative to peers. Overall, Kelso Technologies has a GF Score™ of 28/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Kelso Technologies' Debt-to-Equity compare to UNP and CSX?
According to the Transportation industry distribution chart, Kelso Technologies ranks #1 out of 910 companies for Debt-to-Equity. This places Kelso Technologies in the top 0% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.53. Kelso Technologies' value of 0.01 is 98.1% below this benchmark. While the company's 10-year median is 0.02 vs. the industry median of 0.53, Kelso Technologies 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 Transportation company?
The median Debt-to-Equity among Transportation companies is 0.53, based on 910 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. Kelso Technologies's current Debt-to-Equity of 0.01 is 98.1% 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 Kelso Technologies and its competitors. For the Transportation industry, the median Debt-to-Equity is 0.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kelso Technologies'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 Kelso Technologies stock overvalued right now?
Based on GuruFocus' analysis, Kelso Technologies (TSX:KLS) is currently considered Modestly Undervalued. The stock's GF Value™ is C$0.15, compared to a current price of C$0.13 — trading 13.3% below 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 98.1% below the Transportation industry median of 0.53. Kelso Technologies' overall GF Score™ is 28/100 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 Kelso Technologies (TSX:KLS), 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 Kelso Technologies (TSX:KLS) Overvalued in 2026?

Based on GuruFocus' analysis, Kelso Technologies stock appears to be undervalued. The current stock price of C$0.13 is trading 13.3% below its estimated GF Value™ of C$0.15. GuruFocus considers Kelso Technologies to be Modestly Undervalued.

Key valuation signals for TSX:KLS:

  • Debt-to-Equity: 0.01 (50% below median its 10-year median of 0.02)
  • GF Value™: C$0.15 vs. price of C$0.13 (13.3% below fair value)
  • GF Score™: 28/100 with 2 warning signs
  • Industry Position: 98.1% below the Transportation median (#1 of 910)

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


Kelso Technologies Business Description

Other Exchanges KIQSF:USA
Address 305 - 1979 Old Okanagan Highway, West Kelowna, BC, CAN, V4T 3A4
Kelso Technologies Inc is a railway equipment supplier that produces and sells tank car service equipment used for the safe loading, unloading, and containment of hazardous materials during transport. The firm designs, engineers, markets, produces, and distributes various fuel valves, pressure relief valves, manway securement systems, and other related products designed to reduce the risk of environmental harm due to non-accidental events in the transportation of hazardous commodities via railroad tank cars. It operates one business segment, which consists of the design, production, and distribution of various proprietary products for the rail sector. Geographically, it operates in the United States.
28GF Score

Get the complete analysis for TSX:KLS

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

C$0.13
Price
C$0.15
GF Value