SmartDrive

SmartDrive Net Debt/Equity

The Net Debt to Equity Ratio of SmartDrive (5137.T) as of Nov 11, 2026 is -0.24. In the previous year, Net Debt to Equity Ratio was -0.37 — a change of -33.76% (higher).

Net Debt/Equity

-0.24

YoY

-33.76%

Last updated:

Net Debt to Equity Ratio of SmartDrive is 2025 -0.24 . Net Debt to Equity Ratio of SmartDrive was 2024 -0.37 . It decreases by -33.76% higher compared to the previous year.

The SmartDrive Net Debt/Equity history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Net Debt/Equity
Date
Net Debt/Equity
Jan 1, 2020
-2.60 JPY
Jan 1, 2021
-1.22 JPY
Jan 1, 2022
-4.87 JPY
Jan 1, 2023
-0.92 JPY
Jan 1, 2024
-0.37 JPY
Jan 1, 2025
-0.24 JPY
The SmartDrive Net Debt/Equity history
YEARNet Debt/EquityYoY
-0.24-33.76%
-0.37-59.88%
-0.92-81.06%
-4.87+298.80%
-1.22-53.00%
-2.60—

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SmartDrive Stock analysis

What does SmartDrive do? SmartDrive Inc. generates revenue through three core business segments. The domestic fleet operator business offers SmartDrive Fleet, a cloud-based fleet management service for corporate customers, alongside optional add-on services. The domestic asset owner business provides OEM, POC, and R&D support for SmartDrive Fleet to partner companies, enabling them to integrate the service into their own offerings. The overseas mobility digital transformation business develops services tailored for the Southeast Asian market, leveraging Japan's mobility solutions for international expansion. Corporate customers purchase SmartDrive Fleet for fleet management, while partner companies in the domestic asset owner segment collaborate on OEM, POC, and R&D initiatives. Southeast Asian market players acquire the overseas mobility DX business services, which are adapted from Japan's mobility data expertise. The company's revenue streams are directly tied to these three distinct service models across different customer segments. SmartDrive is one of the most popular companies on Eulerpool.

Frequently Asked Questions about SmartDrive stock

Net Debt to Equity Ratio of SmartDrive is -0.24 in 2025.

Net Debt to Equity Ratio of SmartDrive changed from -0.37 to -0.24, representing a -33.76% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Net Debt to Equity Ratio SmartDrive since 2006 – with annual values, charts, and detailed analysis.

Net Debt/Equity adjusts the debt-to-equity ratio by subtracting cash from total debt. It provides a more accurate picture of actual leverage.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Net Debt to Equity Ratio's SmartDrive with sector peers and the industry average to assess whether it is attractive.

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Leverage — SmartDrive

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