ZSPC (ZSPACE) Debt-to-Equity: -0.80 (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

ZSPC ZSPACE Inc ZSPC
4 GF Score
Price $0.16
! 8 Warning Signs
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What is ZSPACE Debt-to-Equity?

ZSPACE ZSPC +6.67% 4 Debt-to-Equity is -0.80 as of Mar. 2026. GuruFocus rates ZSPC with a GF Score™ of 4/100. The stock has 8 warning signs investors should review. Among 2,217 Hardware companies, ZSPACE ranks worse than 45105.95% on this metric.

ZSPACE's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $2.98 Mil. ZSPACE's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $17.28 Mil. ZSPACE's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-25.38 Mil. ZSPACE's debt to equity for the quarter that ended in Mar. 2026 was -0.80.

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

ZSPC' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.95   Med: -0.66   Max: -0.13
Current: -0.8

During the past 4 years, the highest Debt-to-Equity Ratio of ZSPACE was -0.13. The lowest was -0.95. And the median was -0.66.

ZSPC's Debt-to-Equity is not ranked
in the Hardware industry.
Industry Median: 0.27 vs ZSPC: -0.80

ZSPACE  (OTCPK:ZSPC) 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.


ZSPACE Debt-to-Equity Related Terms


ZSPACE Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for ZSPACE'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.

ZSPACE Debt-to-Equity Chart

ZSPACE Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
-0.40 -0.15 -0.81 -0.79

ZSPACE Quarterly Data
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 -0.66 -0.81 -0.95 -0.79 -0.80

ZSPC vs DDDX, ITOX, AGMH: Debt-to-Equity Comparison

For the Computer Hardware subindustry, ZSPACE'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.


ZSPACE Debt-to-Equity vs Hardware Industry

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

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


ZSPC
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ZSPACE Inc ZSPC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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ZSPACE Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

ZSPACE'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 -0.80 mean?
ZSPACE (ZSPC) has a Debt-to-Equity of -0.80 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on ZSPACE and its competitors. According to the industry distribution chart, ZSPACE ranks #999999 out of 2217 companies in the Hardware industry.
Is ZSPACE's Debt-to-Equity too high?
ZSPACE's current Debt-to-Equity is -0.80. Based on the distribution chart, ZSPACE ranks #999999 out of 2217 companies in the Hardware industry, which is in the bottom quartile relative to peers. Overall, ZSPACE has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does ZSPACE's Debt-to-Equity compare to DDDX and ITOX?
According to the Hardware industry distribution chart, ZSPACE ranks #999999 out of 2217 companies for Debt-to-Equity. This places ZSPACE in the lower half of its industry. The industry median Debt-to-Equity is 0.27. 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,217 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 ZSPACE and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. ZSPACE's current Debt-to-Equity is -0.80. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ZSPACE stock overvalued right now?
ZSPACE (ZSPC) has a current Debt-to-Equity of -0.80. The current Debt-to-Equity is -0.80. ZSPACE's overall GF Score™ is 4/100 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 ZSPACE (ZSPC), the current Debt-to-Equity is -0.80 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.

ZSPACE Business Description

Address 55 Nicholson Lane, San Jose, CA, USA, 95134
ZSPACE Inc is a provider of augmented reality (AR) and virtual reality (VR) educational technology solutions. It focuses on both United States K-12 schools and Career & Technical Education (CTE) markets. The company's proprietary hardware and software platform provides the ability to deliver an interactive, stereoscopic three-dimensional (3D) learning experience to users without the need to utilize VR goggles or specialty glasses. The platform serves a broad range of critical educational tools designed for K-12 science, technology, engineering, and math (STEM) lessons as well as training skilled trades in areas such as health sciences, automotive engineering/repair, Unity3D software programming and manufacturing. Key revenue is generated from hardware.
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