Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to equity ratio high or low?
The debt to equity ratio of -2.81 is 33% below its 5-year average of -2.11, near the high end of its 5-year range (-33.60–5.30).
As of the fiscal period ended Tuesday, June 30, 2026. 48.42% above its 12-month average of -5.44.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): -2.81.
DEBT TO EQUITY RATIO
-2.81
DEBT TO EQUITY RATIO AVG TTM
-5.44
DEBT TO EQUITY RATIO AVG 3Y
-5.67
DEBT TO EQUITY RATIO AVG 5Y
-2.11
DEBT TO EQUITY RATIO AVG 10Y
-0.45
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+48.42%
CURRENT VS 3Y AVG
+50.51%
CURRENT VS 5Y AVG
-33.08%
CURRENT VS 10Y AVG
-522.61%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.18
median of 475 covered companies
CURRENT VS SECTOR MEDIAN
-1659.88%
vs the sector median at left
Appian Corporation
Market Cap
$2.85B
Debt to Equity Ratio
-2.81
TTM Avg
-5.44
3Y Avg
-5.67
5Y Avg
-2.11
Market Cap
$2.82B
Debt to Equity Ratio
0.17
TTM Avg
3.38
3Y Avg
3.50
5Y Avg
2.81
Market Cap
$2.81B
Debt to Equity Ratio
0.04
TTM Avg
0.04
3Y Avg
0.18
5Y Avg
0.12
Market Cap
$2.79B
Debt to Equity Ratio
0.17
TTM Avg
0.26
3Y Avg
0.36
5Y Avg
0.30
Market Cap
$2.78B
Debt to Equity Ratio
0.66
TTM Avg
1.40
3Y Avg
1.11
5Y Avg
0.92
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Appian Corporation (APPN) | $2.85B | -2.81 | -5.44 | -5.67 | -2.11 |
| Teradata Corporation (TDC)vs › | $2.82B | 0.17 | 3.38 | 3.50 | 2.81 |
| Agilysys, Inc. (AGYS)vs › | $2.82B | 0.05 | 0.12 | 0.12 | 0.11 |
| Cellebrite DI Ltd. (CLBT)vs › | $2.81B | 0.04 | 0.04 | 0.18 | 0.12 |
| Intapp, Inc. (INTA)vs › | $2.90B | 0.05 | 0.04 | 0.04 | 0.04 |
| Digi International Inc. (DGII)vs › | $2.79B | 0.17 | 0.26 | 0.36 | 0.30 |
| Alarm.com Holdings, Inc. (ALRM)vs › | $2.78B | 0.66 | 1.40 | 1.11 | 0.92 |
| Adeia Inc. (ADEA)vs › | $2.76B | 0.83 | 1.05 | 1.55 | 1.24 |
| Braze, Inc. (BRZE)vs › | $2.99B | 0.16 | 0.15 | 0.16 | 0.10 |
| NetScout Systems, Inc. (NTCT)vs › | $2.99B | 0.02 | 0.04 | 0.07 | 0.12 |
Debt/Equity
-2.81
Current Ratio
1.00
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-06-30 | -2.81 |
| 2026-03-31 | -5.01 |
| 2025-12-31 | -7.35 |
| 2025-09-30 | -6.32 |
| 2025-06-30 | -5.74 |
| 2025-03-31 | -9.84 |
| 2024-12-31 | -9.65 |
| 2024-09-30 | -6.42 |
| 2024-06-30 | -7.05 |
| 2024-03-31 | -33.60 |
| 2023-12-31 | 5.30 |
| 2023-09-30 | 4.09 |
| 2023-06-30 | 3.45 |
| 2023-03-31 | 2.36 |
| 2022-12-31 | 1.26 |
| 2022-09-30 | 0.35 |
| 2022-06-30 | 0.27 |
| 2022-03-31 | 0.23 |
| 2021-12-31 | 0.24 |
| 2021-09-30 | 0.22 |
| 2021-06-30 | 0.21 |
| 2021-03-31 | 0.20 |
| 2020-12-31 | 0.20 |
| 2020-09-30 | 0.21 |
| 2020-06-30 | 0.18 |
| 2020-03-31 | 0.26 |
| 2019-12-31 | 0.25 |
| 2019-09-30 | 0.03 |
| 2019-06-30 | 0.06 |
| 2019-03-31 | 0.00 |
| 2018-12-31 | 0.00 |
| 2018-09-30 | 0.00 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 0.00 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | -1.09 |
| 2016-12-31 | -2.48 |
| 2016-09-30 | 0.00 |
| 2016-06-30 | 0.00 |
| 2016-03-31 | 0.00 |
