WOK (WORK Medical Technology Group) Debt-to-Equity: 0.22 (As of Mar. 2026) — 66% Below Median

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WOK WORK Medical Technology Group Ltd WOK
16 GF Score
Price $1.93
! 1 Warning Sign
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What is WORK Medical Technology Group Debt-to-Equity?

WORK Medical Technology Group WOK -4.46% 16 Debt-to-Equity is 0.22 as of Mar. 2026, which is 66% below its 10-year median of 0.64. GuruFocus rates WOK with a GF Score™ of 16/100. The stock has 1 warning sign investors should review. Among 697 Medical Devices & Instruments companies, WORK Medical Technology Group ranks better than 52.65% on this metric.

WORK Medical Technology Group's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $6.61 Mil. WORK Medical Technology Group's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.01 Mil. WORK Medical Technology Group's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $30.12 Mil. WORK Medical Technology Group's debt to equity for the quarter that ended in Mar. 2026 was 0.22.

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 WORK Medical Technology Group's Debt-to-Equity or its related term are showing as below:

WOK' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.22   Med: 0.64   Max: 1.4
Current: 0.22

During the past 6 years, the highest Debt-to-Equity Ratio of WORK Medical Technology Group was 1.40. The lowest was 0.22. And the median was 0.64.

WOK's Debt-to-Equity is ranked better than
52.65% of 697 companies
in the Medical Devices & Instruments industry
Industry Median: 0.24 vs WOK: 0.22

WORK Medical Technology Group  (NAS:WOK) 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.


WORK Medical Technology Group Debt-to-Equity Related Terms


WORK Medical Technology Group Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for WORK Medical Technology Group'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.

WORK Medical Technology Group Debt-to-Equity Chart

WORK Medical Technology Group Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial 0.66 0.63 0.92 1.02 0.35

WORK Medical Technology Group Semi-Annual Data
Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.40 1.02 1.01 0.35 0.22

WOK vs ITOC, AMIX, STME: Debt-to-Equity Comparison

For the Medical Devices subindustry, WORK Medical Technology Group'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.


WORK Medical Technology Group Debt-to-Equity vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, WORK Medical Technology Group's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where WORK Medical Technology Group's Debt-to-Equity falls into.


WOK
16GF Score
WORK Medical Technology Group Ltd WOK
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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WORK Medical Technology Group Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

WORK Medical Technology Group's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

WORK Medical Technology Group'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 0.22 mean?
WORK Medical Technology Group (WOK) has a Debt-to-Equity of 0.22 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on WORK Medical Technology Group and its competitors. This is 66% below median its historical median of 0.64. Over the past decade, WORK Medical Technology Group's Debt-to-Equity has ranged from 0.22 to 1.40. According to the industry distribution chart, WORK Medical Technology Group ranks #330 out of 697 companies in the Medical Devices & Instruments industry, placing it in the top 47.3%.
Is WORK Medical Technology Group's Debt-to-Equity too high?
WORK Medical Technology Group's current Debt-to-Equity of 0.22 is 66% below median its 10-year median of 0.64. Over the past 10 years, this metric has ranged from a low of 0.22 to a high of 1.40. The Medical Devices & Instruments industry median Debt-to-Equity is 0.24. WORK Medical Technology Group's value of 0.22 is 8.3% below this industry median. Based on the distribution chart, WORK Medical Technology Group ranks #330 out of 697 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, WORK Medical Technology Group has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does WORK Medical Technology Group's Debt-to-Equity compare to ITOC and AMIX?
According to the Medical Devices & Instruments industry distribution chart, WORK Medical Technology Group ranks #330 out of 697 companies for Debt-to-Equity. This puts WORK Medical Technology Group in the upper half of its industry. The industry median Debt-to-Equity is 0.24. WORK Medical Technology Group's value of 0.22 is 8.3% below this benchmark. Historically, WORK Medical Technology Group's own Debt-to-Equity has ranged from 0.22 to 1.40 over the past decade. While the company's 10-year median is 0.64 vs. the industry median of 0.24, WORK Medical Technology Group 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 Medical Devices & Instruments company?
The median Debt-to-Equity among Medical Devices & Instruments companies is 0.24, based on 697 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. WORK Medical Technology Group's current Debt-to-Equity of 0.22 is 8.3% 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 WORK Medical Technology Group and its competitors. For the Medical Devices & Instruments industry, the median Debt-to-Equity is 0.24 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. WORK Medical Technology Group's current Debt-to-Equity is 0.22, which is 66% below median its own 10-year median of 0.64. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is WORK Medical Technology Group stock overvalued right now?
WORK Medical Technology Group (WOK) has a current Debt-to-Equity of 0.22. The current Debt-to-Equity is 0.22, which is 66% below median its 10-year median of 0.64 and 8.3% below the Medical Devices & Instruments industry median of 0.24. WORK Medical Technology Group's overall GF Score™ is 16/100 with 1 warning sign 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 WORK Medical Technology Group (WOK), the current Debt-to-Equity is 0.22 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.

WORK Medical Technology Group Business Description

Address Floor 23, No. 2 Tonghuinan Road, Xiaoshan District, Zhejiang Province, Hangzhou, CHN
WORK Medical Technology Group Ltd is engaged in manufacturing and selling medical consumables through its wholly owned subsidiaries in the People's Republic of China. The Company's main products include medical face masks, tourniquets, airways, breathing circuits, intubation accessories, anesthesia kits, oxygen masks, suction sets, laryngoscope blades, KN95 masks, and other disposable medical devices, as well as medical equipment.
16GF Score

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