Findev (TSXV:FDI) Debt-to-Equity: 0.00 (As of Mar. 2026)

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TSXV:FDI Findev Inc TSXV:FDI
56 GF Score
Price C$0.35
GF Value C$0.32
Valuation Fairly Valued
! 2 Warning Signs
View Full Analysis

What is Findev Debt-to-Equity?

Findev TSXV:FDI -1.41% 56 Debt-to-Equity is 0.00 as of Mar. 2026. GuruFocus rates TSXV:FDI with a GF Score™ of 56/100 and a GF Value™ of C$0.32 (Fairly Valued). The stock has 2 warning signs investors should review. Among 1,426 Banks companies, Findev ranks worse than 70126.16% on this metric.

Findev's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$0.00 Mil. Findev's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was C$0.00 Mil. Findev's Total Stockholders Equity for the quarter that ended in Mar. 2026 was C$19.19 Mil. Findev's debt to equity for the quarter that ended in Mar. 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 Findev's Debt-to-Equity or its related term are showing as below:

TSXV:FDI's Debt-to-Equity is not ranked *
in the Banks industry.
Industry Median: 0.56
* Ranked among companies with meaningful Debt-to-Equity only.

Findev  (TSXV:FDI) 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.

Findev Debt-to-Equity Related Terms

Findev Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Findev'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.

Findev Debt-to-Equity Chart

Findev Annual Data
Trend May16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 0.00 0.00

Findev 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 0.00 0.00 0.00 0.00 0.00

TSXV:FDI vs RKT, FNMA, PFSI: Debt-to-Equity Comparison

For the Mortgage Finance subindustry, Findev'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.

Findev Debt-to-Equity vs Banks Industry

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

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


TSXV:FDI
56GF Score
Findev Inc TSXV:FDI
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Findev Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 18.992
=0.00

Findev's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 19.185
=0.00

* 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?
Findev (TSXV:FDI) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Findev and its competitors. According to the industry distribution chart, Findev ranks #999999 out of 1426 companies in the Banks industry.
Is Findev's Debt-to-Equity too high?
Findev's current Debt-to-Equity is 0.00. Based on the distribution chart, Findev ranks #999999 out of 1426 companies in the Banks industry, which is in the bottom quartile relative to peers. Overall, Findev has a GF Score™ of 56/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Findev's Debt-to-Equity compare to RKT and FNMA?
According to the Banks industry distribution chart, Findev ranks #999999 out of 1426 companies for Debt-to-Equity. This places Findev in the lower half of its industry. The industry median Debt-to-Equity is 0.56. 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 Banks company?
The median Debt-to-Equity among Banks companies is 0.56, based on 1,426 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 Findev and its competitors. For the Banks industry, the median Debt-to-Equity is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Findev'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 Findev stock overvalued right now?
Based on GuruFocus' analysis, Findev (TSXV:FDI) is currently considered Fairly Valued. The stock's GF Value™ is C$0.32, compared to a current price of C$0.35 — trading 9.4% above its estimated fair value. The current Debt-to-Equity is 0.00. Findev's overall GF Score™ is 56/100 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 Findev (TSXV:FDI), the current Debt-to-Equity is 0.00 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 Findev (TSXV:FDI) Overvalued in 2026?

Based on GuruFocus' analysis, Findev stock appears to be overvalued. The current stock price of C$0.35 is trading 9.4% above its estimated GF Value™ of C$0.32. GuruFocus considers Findev to be Fairly Valued.

Key valuation signals for TSXV:FDI:

  • Debt-to-Equity: 0.00
  • GF Value™: C$0.32 vs. price of C$0.35 (9.4% above fair value)
  • GF Score™: 56/100 with 2 warning signs

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

Findev Business Description

Other Exchanges TNSGF:USA
Address 10 Wanless Avenue, Suite 201, Toronto, ON, CAN, M4N 1V6
Findev Inc is a real estate financing company that lends money to real estate projects that are identified as uniquely positioned to generate above average returns in a two to three year timeframe.
56GF Score

Get the complete analysis for TSXV:FDI

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

C$0.35
Price
C$0.32
GF Value