XNET (Xunlei) Debt-to-Equity: 0.06 (As of Mar. 2026) — 14% Below Median


XNET Xunlei Ltd XNET
70 GF Score
Price $4.82
GF Value $3.24
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Xunlei Debt-to-Equity?

Xunlei XNET -0.52% 70 Debt-to-Equity is 0.06 as of Mar. 2026, which is 14% below its 10-year median of 0.07. GuruFocus rates XNET with a GF Score™ of 70/100 and a GF Value™ of $3.24 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,239 Software companies, Xunlei ranks better than 74.63% on this metric.

Xunlei's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $31.0 Mil. Xunlei's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $40.1 Mil. Xunlei's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $1,196.7 Mil. Xunlei's debt to equity for the quarter that ended in Mar. 2026 was 0.06.

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 Xunlei's Debt-to-Equity or its related term are showing as below:

XNET' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.04   Med: 0.07   Max: 0.12
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Xunlei was 0.12. The lowest was 0.04. And the median was 0.07.

XNET's Debt-to-Equity is ranked better than
74.63% of 2239 companies
in the Software industry
Industry Median: 0.19 vs XNET: 0.06

Xunlei  (NAS:XNET) 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.


Xunlei Debt-to-Equity Related Terms


Xunlei Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Xunlei'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.

Xunlei Debt-to-Equity Chart

Xunlei 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 0.07 0.10 0.07 0.09 0.06

Xunlei 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 0.09 0.07 0.04 0.06 0.06

XNET vs PSFE, IIIV, ALLT: Debt-to-Equity Comparison

For the Software - Infrastructure subindustry, Xunlei'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.


Xunlei Debt-to-Equity vs Software Industry

For the Software industry and Technology sector, Xunlei's Debt-to-Equity distribution charts can be found below:

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


XNET
70GF Score
Xunlei Ltd XNET
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Xunlei Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Xunlei'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 0.06 mean?
Xunlei (XNET) has a Debt-to-Equity of 0.06 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Xunlei and its competitors. This is 14% below median its historical median of 0.07. Over the past decade, Xunlei's Debt-to-Equity has ranged from 0.04 to 0.12. According to the industry distribution chart, Xunlei ranks #568 out of 2239 companies in the Software industry, placing it in the top 25.4%.
Is Xunlei's Debt-to-Equity too high?
Xunlei's current Debt-to-Equity of 0.06 is 14% below median its 10-year median of 0.07. Over the past 10 years, this metric has ranged from a low of 0.04 to a high of 0.12. The Software industry median Debt-to-Equity is 0.19. Xunlei's value of 0.06 is 68.4% below this industry median. Based on the distribution chart, Xunlei ranks #568 out of 2239 companies in the Software industry, which is above the industry midpoint. Overall, Xunlei has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Xunlei's Debt-to-Equity compare to PSFE and IIIV?
According to the Software industry distribution chart, Xunlei ranks #568 out of 2239 companies for Debt-to-Equity. This puts Xunlei in the upper half of its industry. The industry median Debt-to-Equity is 0.19. Xunlei's value of 0.06 is 68.4% below this benchmark. Historically, Xunlei's own Debt-to-Equity has ranged from 0.04 to 0.12 over the past decade. While the company's 10-year median is 0.07 vs. the industry median of 0.19, Xunlei 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 Software company?
The median Debt-to-Equity among Software companies is 0.19, based on 2,239 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. Xunlei's current Debt-to-Equity of 0.06 is 68.4% 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 Xunlei and its competitors. For the Software industry, the median Debt-to-Equity is 0.19 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Xunlei's current Debt-to-Equity is 0.06, which is 14% below median its own 10-year median of 0.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Xunlei stock overvalued right now?
Based on GuruFocus' analysis, Xunlei (XNET) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.24, compared to a current price of $4.82 — trading 48.6% above its estimated fair value. The current Debt-to-Equity is 0.06, which is 14% below median its 10-year median of 0.07 and 68.4% below the Software industry median of 0.19. Xunlei's overall GF Score™ is 70/100 with 5 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 Xunlei (XNET), the current Debt-to-Equity is 0.06 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 Xunlei (XNET) Overvalued in 2026?

Based on GuruFocus' analysis, Xunlei stock appears to be overvalued. The current stock price of $4.82 is trading 48.6% above its estimated GF Value™ of $3.24. GuruFocus considers Xunlei to be Significantly Overvalued.

Key valuation signals for XNET:

  • Debt-to-Equity: 0.06 (14% below median its 10-year median of 0.07)
  • GF Value™: $3.24 vs. price of $4.82 (48.6% above fair value)
  • GF Score™: 70/100 with 5 warning signs
  • Industry Position: 68.4% below the Software median (#568 of 2239)

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


Xunlei Business Description

Other Exchanges 4XN:Germany
Address 3709 Baishi Road, Nanshan District, Shenzhen, CHN, 518000
Xunlei Ltd is a technology company providing distributed cloud services in China. It operates a powerful internet platform in China based on cloud technology to enable its users to quickly access, store, manage and consume digital media content on the internet. The company has expanded its products and services from PC-based devices to mobile devices in part through pre-installed acceleration products in mobile phones to further enlarge its user base and offer its users a wider range of access points. It provides a wide range of products and services across cloud acceleration and digital entertainment to deliver an efficient, smart and safe internet environment to its users.
70GF Score

Get the complete analysis for XNET

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

$4.82
Price
$3.24
GF Value