D2L (DTLIF) Equity-to-Asset: 0.38 (As of Apr. 2026) — 19% Above Median

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Director of Data and Quant Analytics at GuruFocus
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Founder & CEO of GuruFocus
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.

DTLIF D2L Inc DTLIF
67 GF Score
Price $6.67
GF Value $10.09
Valuation Possible Value Trap
! 5 Warning Signs
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What is D2L Equity-to-Asset?

D2L DTLIF -0.30% 67 Equity-to-Asset is 0.38 as of Apr. 2026, which is 19% above its 10-year median of 0.32. GuruFocus rates DTLIF with a GF Score™ of 67/100 and a GF Value™ of $10.09 (Possible Value Trap). The stock has 5 warning signs investors should review. Among 2,894 Software companies, D2L ranks worse than 70.28% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. D2L's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $85.7 Mil. D2L's Total Assets for the quarter that ended in Apr. 2026 was $227.8 Mil. Therefore, D2L's Equity to Asset Ratio for the quarter that ended in Apr. 2026 was 0.38.

The historical rank and industry rank for D2L's Equity-to-Asset or its related term are showing as below:

DTLIF' s Equity-to-Asset Range Over the Past 10 Years
Min: -2.28   Med: 0.32   Max: 0.38
Current: 0.38

During the past 8 years, the highest Equity to Asset Ratio of D2L was 0.38. The lowest was -2.28. And the median was 0.32.

DTLIF's Equity-to-Asset is ranked worse than
70.28% of 2894 companies
in the Software industry
Industry Median: 0.56 vs DTLIF: 0.38

D2L  (OTCPK:DTLIF) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


D2L Equity-to-Asset Related Terms


D2L Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for D2L's Equity-to-Asset 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.

D2L Equity-to-Asset Chart

D2L Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Jan26
Equity-to-Asset
Get a 7-Day Free Trial 0.37 0.31 0.29 0.36 0.34

D2L Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Equity-to-Asset 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 0.37 0.34 0.37 0.34 0.38

DTLIF vs QH, SHOP, UBER: Equity-to-Asset Comparison

For the Software - Application subindustry, D2L's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


D2L Equity-to-Asset vs Software Industry

For the Software industry and Technology sector, D2L's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where D2L's Equity-to-Asset falls into.


DTLIF
67GF Score
D2L Inc DTLIF
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

D2L Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

D2L's Equity to Asset Ratio for the fiscal year that ended in Jan. 2026 is calculated as

Equity to Asset (A: Jan. 2026 )=Total Stockholders Equity/Total Assets
=84.981/251.924
=0.34

D2L's Equity to Asset Ratio for the quarter that ended in Apr. 2026 is calculated as

Equity to Asset (Q: Apr. 2026 )=Total Stockholders Equity/Total Assets
=85.744/227.785
=0.38

* 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 Equity-to-Asset →
What does a Equity-to-Asset of 0.38 mean?
D2L (DTLIF) has a Equity-to-Asset of 0.38 as of Apr. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on D2L and its competitors. This is 19% above median its historical median of 0.32. According to the industry distribution chart, D2L ranks #2034 out of 2894 companies in the Software industry, placing it in the top 70.3%.
Is D2L's Equity-to-Asset too high?
D2L's current Equity-to-Asset of 0.38 is 19% above median its 10-year median of 0.32. The Software industry median Equity-to-Asset is 0.56. D2L's value of 0.38 is 32.1% below this industry median. Based on the distribution chart, D2L ranks #2034 out of 2894 companies in the Software industry, which is below the industry midpoint. Overall, D2L has a GF Score™ of 67/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does D2L's Equity-to-Asset compare to QH and SHOP?
According to the Software industry distribution chart, D2L ranks #2034 out of 2894 companies for Equity-to-Asset. This places D2L in the lower half of its industry. The industry median Equity-to-Asset is 0.56. D2L's value of 0.38 is 32.1% below this benchmark. While the company's 10-year median is 0.32 vs. the industry median of 0.56, D2L 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 Equity-to-Asset for a Software company?
The median Equity-to-Asset among Software companies is 0.56, based on 2,894 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. D2L's current Equity-to-Asset of 0.38 is 32.1% 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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on D2L and its competitors. For the Software industry, the median Equity-to-Asset is 0.56 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. D2L's current Equity-to-Asset is 0.38, which is 19% above median its own 10-year median of 0.32. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is D2L stock overvalued right now?
Based on GuruFocus' analysis, D2L (DTLIF) is currently considered Possible Value Trap. The stock's GF Value™ is $10.09, compared to a current price of $6.67 — trading 33.9% below its estimated fair value. The current Equity-to-Asset is 0.38, which is 19% above median its 10-year median of 0.32 and 32.1% below the Software industry median of 0.56. D2L's overall GF Score™ is 67/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For D2L (DTLIF), the current Equity-to-Asset is 0.38 as of Apr. 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 D2L (DTLIF) Overvalued in 2026?

Based on GuruFocus' analysis, D2L stock appears to be undervalued. The current stock price of $6.67 is trading 33.9% below its estimated GF Value™ of $10.09. GuruFocus considers D2L to be Possible Value Trap.

Key valuation signals for DTLIF:

  • Equity-to-Asset: 0.38 (19% above median its 10-year median of 0.32)
  • GF Value™: $10.09 vs. price of $6.67 (33.9% below fair value)
  • GF Score™: 67/100 with 5 warning signs
  • Industry Position: 32.1% below the Software median (#2034 of 2894)

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


D2L Business Description

Other Exchanges NE5:GermanyDTOL:Canada
Address 137 Glasgow Street, Suite 560, Kitchener, ON, CAN, N2G 4X8
D2L Inc is a learning innovation company. It provides cloud-based learning software for higher education institutions, kindergarten to grade 12 (K-12) schools and districts, and private sector enterprises. The company serves K-12, higher education, associations, and the corporate sector. Its product includes D2L Brightspace and D2L Wave. Geographically, It operates in United States, Canada and Rest of the World, where it derives maximum revenue from United States.
67GF Score

Get the complete analysis for DTLIF

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

$6.67
Price
$10.09
GF Value