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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 Top KingWin's Debt-to-Equity or its related term are showing as below:
WAI'
s Debt-to-Equity Range Over the Past 10 Years
Min: 0.05 Med: 0.22 Max: 1.42
Current: 0.09
During the past 6 years, the highest Debt-to-Equity Ratio of Top KingWin was 1.42. The lowest was 0.05. And the median was 0.22.
WAI's Debt-to-Equity is ranked better than 75.25% of 610
companies
in the Capital Markets industry
Industry Median: 0.305
vs WAI: 0.09
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.
Top KingWin Debt-to-Equity Related Terms
Top KingWin Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Top KingWin'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.
WAI vs MEGL, ITEX, ABTS: Debt-to-Equity Comparison
For the Capital Markets subindustry, Top KingWin'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.
Top KingWin Debt-to-Equity vs Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Top KingWin's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Top KingWin's Debt-to-Equity falls into.
* 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.
Top KingWin (WAI) has a Debt-to-Equity of 0.00 as of Dec. 2025. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Top KingWin and its competitors. Over the past decade, Top KingWin's Debt-to-Equity has ranged from 0.05 to 1.42. According to the industry distribution chart, Top KingWin ranks #151 out of 610 companies in the Capital Markets industry, placing it in the top 24.8%.
Is Top KingWin's Debt-to-Equity too high?
Top KingWin's current Debt-to-Equity is 0.00. Over the past 10 years, this metric has ranged from a low of 0.05 to a high of 1.42. Based on the distribution chart, Top KingWin ranks #151 out of 610 companies in the Capital Markets industry, which is in the top quartile — a strong position relative to peers. Overall, Top KingWin has a GF Score™ of 49/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Top KingWin's Debt-to-Equity compare to MEGL and ITEX?
According to the Capital Markets industry distribution chart, Top KingWin ranks #151 out of 610 companies for Debt-to-Equity. This places Top KingWin in the top 25% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.31. Historically, Top KingWin's own Debt-to-Equity has ranged from 0.05 to 1.42 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 a Capital Markets company?
The median Debt-to-Equity among Capital Markets companies is 0.31, based on 610 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 Top KingWin and its competitors. For the Capital Markets industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Top KingWin'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 Top KingWin stock overvalued right now?
Based on GuruFocus' analysis, Top KingWin (WAI) is currently considered Possible Value Trap. The stock's GF Value™ is $19.12, compared to a current price of $2.56 — trading 86.6% below its estimated fair value. The current Debt-to-Equity is 0.00. Top KingWin's overall GF Score™ is 49/100 with 8 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 Top KingWin (WAI), the current Debt-to-Equity is 0.00 as of Dec. 2025. 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 Top KingWin (WAI) Overvalued in 2026?
Based on GuruFocus' analysis, Top KingWin stock appears to be undervalued.
The current stock price of $2.56 is trading 86.6% below its estimated GF Value™ of $19.12.
GuruFocus considers Top KingWin to be Possible Value Trap.
Key valuation signals for WAI:
Debt-to-Equity: 0.00
GF Value™: $19.12 vs. price of $2.56 (86.6% below fair value)
No single metric tells the full story. See the WAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Top KingWin Ltd is an offshore holding company. The company provides business services mainly to small and medium-sized enterprises, focusing on corporate training related to capital markets, business planning, and fundraising awareness, including guidance on public listing processes and regulatory basics. It also offers corporate consulting, advisory, and transaction services that are customized to clients' fundraising and strategic financial needs, often delivered as bundled or modular solutions. In addition, the company has expanded into selling AI-related devices for data collection and analysis as well as robots with interactive and multi-scenario capabilities, and it has also started limited overseas operations through a subsidiary in the United States.
49GF Score
Get the complete analysis for WAI
Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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