Uniteds (TSX:UNC) Debt-to-Equity: 0.00 (As of Jun. 2026)

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TSX:UNC United Corporations Ltd TSX:UNC
59 GF Score
Price C$15.01
GF Value C$18.93
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Uniteds Debt-to-Equity?

Uniteds TSX:UNC -0.13% 59 Debt-to-Equity is 0.00 as of Jun. 2026. GuruFocus rates TSX:UNC with a GF Score™ of 59/100 and a GF Value™ of C$18.93 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 952 Asset Management companies, Uniteds ranks worse than 105041.91% on this metric.

Uniteds's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was C$0.0 Mil. Uniteds's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was C$0.0 Mil. Uniteds's Total Stockholders Equity for the quarter that ended in Jun. 2026 was C$2,614.4 Mil. Uniteds's debt to equity for the quarter that ended in Jun. 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 Uniteds's Debt-to-Equity or its related term are showing as below:

During the past 13 years, the highest Debt-to-Equity Ratio of Uniteds was 0.03. The lowest was 0.02. And the median was 0.03.

TSX:UNC's Debt-to-Equity is not ranked *
in the Asset Management industry.
Industry Median: 0.21
* Ranked among companies with meaningful Debt-to-Equity only.

Uniteds  (TSX:UNC) 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.


Uniteds Debt-to-Equity Related Terms


Uniteds Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Uniteds'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.

Uniteds Debt-to-Equity Chart

Uniteds Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
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

Uniteds 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 0.00 0.00

TSX:UNC vs BLK, BX, KKR: Debt-to-Equity Comparison

For the Asset Management subindustry, Uniteds'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.


Uniteds Debt-to-Equity vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Uniteds's Debt-to-Equity distribution charts can be found below:

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


TSX:UNC
59GF Score
United Corporations Ltd TSX:UNC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Uniteds Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Uniteds's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Uniteds's Debt to Equity Ratio for the quarter that ended in Jun. 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?
Uniteds (TSX:UNC) has a Debt-to-Equity of 0.00 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Uniteds and its competitors. Over the past decade, Uniteds' Debt-to-Equity has ranged from 0.02 to 0.03. According to the industry distribution chart, Uniteds ranks #999999 out of 952 companies in the Asset Management industry.
Is Uniteds' Debt-to-Equity too high?
Uniteds' current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.02 to a high of 0.03. Based on the distribution chart, Uniteds ranks #999999 out of 952 companies in the Asset Management industry, which is in the bottom quartile relative to peers. Overall, Uniteds has a GF Score™ of 59/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Uniteds' Debt-to-Equity compare to BLK and BX?
According to the Asset Management industry distribution chart, Uniteds ranks #999999 out of 952 companies for Debt-to-Equity. This places Uniteds in the lower half of its industry. The industry median Debt-to-Equity is 0.21. Historically, Uniteds' own Debt-to-Equity has ranged from 0.02 to 0.03 over the past decade. 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 an Asset Management company?
The median Debt-to-Equity among Asset Management companies is 0.21, based on 952 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 Uniteds and its competitors. For the Asset Management 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. Uniteds'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 Uniteds stock overvalued right now?
Based on GuruFocus' analysis, Uniteds (TSX:UNC) is currently considered Modestly Undervalued. The stock's GF Value™ is C$18.93, compared to a current price of C$15.01 — trading 20.7% below its estimated fair value. The current Debt-to-Equity is 0.00. Uniteds' overall GF Score™ is 59/100 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 Uniteds (TSX:UNC), the current Debt-to-Equity is 0.00 as of Jun. 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 Uniteds (TSX:UNC) Overvalued in 2026?

Based on GuruFocus' analysis, Uniteds stock appears to be undervalued. The current stock price of C$15.01 is trading 20.7% below its estimated GF Value™ of C$18.93. GuruFocus considers Uniteds to be Modestly Undervalued.

Key valuation signals for TSX:UNC:

  • Debt-to-Equity: 0.00
  • GF Value™: C$18.93 vs. price of C$15.01 (20.7% below fair value)
  • GF Score™: 59/100 with 2 warning signs

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


Uniteds Business Description

Address 165 University Avenue, 10th Floor, Toronto, ON, CAN, M5H 3B8
United Corporations Ltd is a closed-end investment company. Its investment objective is to earn an above-average rate of return through long-term capital appreciation and dividend income. The investment portfolio of the company comprises mainly foreign equities. It seeks long-term growth through investments in common equities cause management believes that in the long term common equities will outperform fixed-income instruments or balanced funds. The company invests in the United States, Europe, United Kingdom, Canada, Australia and Japan.
59GF Score

Get the complete analysis for TSX:UNC

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

C$15.01
Price
C$18.93
GF Value