Carl Zeiss Meditec AG (XSWX:AFX) Debt-to-Equity: N/A (As of Dec. 2025)


XSWX:AFX Carl Zeiss Meditec AG XSWX:AFX
70 GF Score
Price CHF26.30
GF Value CHF314.64
Valuation Significantly Undervalued
! 3 Warning Signs
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What is Carl Zeiss Meditec AG Debt-to-Equity?

Carl Zeiss Meditec AG's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was CHF0 Mil. Carl Zeiss Meditec AG's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Dec. 2025 was CHF0 Mil. Carl Zeiss Meditec AG's Total Stockholders Equity for the quarter that ended in Dec. 2025 was CHF0 Mil.

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 Carl Zeiss Meditec AG's Debt-to-Equity or its related term are showing as below:

XSWX:AFX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0   Med: 0.05   Max: 0.11
Current: 0.06

During the past 13 years, the highest Debt-to-Equity Ratio of Carl Zeiss Meditec AG was 0.11. The lowest was 0.00. And the median was 0.05.

XSWX:AFX's Debt-to-Equity is ranked better than
77.76% of 706 companies
in the Medical Devices & Instruments industry
Industry Median: 0.225 vs XSWX:AFX: 0.06

Carl Zeiss Meditec AG  (XSWX:AFX) 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.

Carl Zeiss Meditec AG Debt-to-Equity Related Terms

Carl Zeiss Meditec AG Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Carl Zeiss Meditec AG'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.

Carl Zeiss Meditec AG Debt-to-Equity Chart

Carl Zeiss Meditec AG Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.07 0.06 0.07 0.07 0.06

Carl Zeiss Meditec AG Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
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 N/A 0.07 N/A 0.06 N/A

XSWX:AFX vs ISRG, BDX, MDLN: Debt-to-Equity Comparison

For the Medical Instruments & Supplies subindustry, Carl Zeiss Meditec AG'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.

Carl Zeiss Meditec AG Debt-to-Equity vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Carl Zeiss Meditec AG's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Carl Zeiss Meditec AG's Debt-to-Equity falls into.


XSWX:AFX
70GF Score
Carl Zeiss Meditec AG XSWX:AFX
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Carl Zeiss Meditec AG Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Carl Zeiss Meditec AG's Debt to Equity Ratio for the fiscal year that ended in Sep. 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
=(22.554 + 101.211) / 1977.641
=0.06

Carl Zeiss Meditec AG's Debt to Equity Ratio for the quarter 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) / 0
=N/A

* 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.

Is Carl Zeiss Meditec AG (XSWX:AFX) Overvalued in 2026?

Based on GuruFocus' analysis, Carl Zeiss Meditec AG stock appears to be undervalued. The current stock price of CHF26.30 is trading 91.6% below its estimated GF Value™ of CHF314.64. GuruFocus considers Carl Zeiss Meditec AG to be Significantly Undervalued.

Key valuation signals for XSWX:AFX:

  • Debt-to-Equity: N/A
  • GF Value™: CHF314.64 vs. price of CHF26.30 (91.6% below fair value)
  • GF Score™: 70/100 with 3 warning signs

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

Carl Zeiss Meditec AG Business Description

Address Goschwitzer Strasse 51-52, Jena, TH, DEU, 07745
Carl Zeiss Meditec is one of the largest visioncare technology companies in the world, and it operates in two segments: ophthalmic devices and microsurgery. OPT, which made up about 75% of sales in 2025, includes refractive lasers, surgical ophthalmic devices, equipment for ophthalmic diagnostics, as well as a portfolio of intraocular lenses and disposable medical instruments. With a low-teens share of the market, Zeiss is the second-largest player in the space. MCS is composed of implants, surgical instruments, and visualization devices used during neurosurgery, spine surgery, and otolaryngology surgery. With over 60% market share, Zeiss is the clear leader in the microsurgery space.
70GF Score

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

CHF26.30
Price
CHF314.64
GF Value