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 0.09 is 109% above its 5-year average of -0.97, near the low end of its 5-year range (-10.34–82.52).
As of the fiscal period ended Wednesday, December 31, 2025. 103.98% above its 12-month average of -2.14.
Reported quarterly debt to equity ratio; no daily interpolation. Q4 FY2025 (2025-12-31): 0.09.
DEBT TO EQUITY RATIO
0.09
DEBT TO EQUITY RATIO AVG TTM
-2.14
DEBT TO EQUITY RATIO AVG 3Y
-0.92
DEBT TO EQUITY RATIO AVG 5Y
-0.97
DEBT TO EQUITY RATIO AVG 10Y
-0.89
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+103.98%
CURRENT VS 3Y AVG
+109.28%
CURRENT VS 5Y AVG
+108.77%
CURRENT VS 10Y AVG
+109.62%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
0.49
median of 79 covered companies
CURRENT VS SECTOR MEDIAN
-82.61%
vs the sector median at left
American Resources Corporation
Market Cap
$187.20M
Debt to Equity Ratio
0.09
TTM Avg
-2.14
3Y Avg
-0.92
5Y Avg
-0.97
Market Cap
$180.89M
Debt to Equity Ratio
0.00
TTM Avg
0.00
3Y Avg
0.06
5Y Avg
0.09
Market Cap
$195.48M
Debt to Equity Ratio
0.00
TTM Avg
0.00
3Y Avg
0.06
5Y Avg
0.09
Market Cap
$181.74M
Debt to Equity Ratio
0.00
TTM Avg
0.20
3Y Avg
0.10
5Y Avg
0.07
Market Cap
$203.79M
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$214.62M
Debt to Equity Ratio
0.51
TTM Avg
0.28
3Y Avg
0.16
5Y Avg
0.11
Market Cap
$226.26M
Debt to Equity Ratio
0.21
TTM Avg
0.21
3Y Avg
0.18
5Y Avg
0.21
Market Cap
$146.06M
Debt to Equity Ratio
0.00
TTM Avg
0.00
3Y Avg
0.00
5Y Avg
0.00
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| American Resources Corporation (AREC) | $187.20M | 0.09 | -2.14 | -0.92 | -0.97 |
| Imperial Petroleum Inc. (IMPPP)vs › | $180.89M | 0.00 | 0.00 | 0.06 | 0.09 |
| Imperial Petroleum Inc. (IMPP)vs › | $195.48M | 0.00 | 0.00 | 0.06 | 0.09 |
| Epsilon Energy Ltd. (EPSN)vs › | $181.74M | 0.00 | 0.20 | 0.10 | 0.07 |
| GOWell Energy Technology (GOW)vs › | $203.79M | N/A | N/A | N/A | N/A |
| enCore Energy Corp. (EU)vs › | $214.62M | 0.51 | 0.28 | 0.16 | 0.11 |
| Kolibri Global Energy Inc. (KGEI)vs › | $226.26M | 0.21 | 0.21 | 0.18 | 0.21 |
| Greenland Energy Company Common Stock (GLND)vs › | $146.06M | 0.00 | 0.00 | 0.00 | 0.00 |
| DMC Global Inc. (BOOM)vs › | $122.22M | 0.25 | 0.48 | 0.45 | 0.40 |
| AleAnna, Inc. (ANNA)vs › | $110.13M | 0.00 | 2.79 | 1.40 | 1.40 |
Debt/Equity
0.09
Current Ratio
2.19
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 |
|---|---|
| 2025-12-31 | 0.09 |
| 2025-09-30 | -2.50 |
| 2025-06-30 | -2.65 |
| 2025-03-31 | -2.74 |
| 2024-12-31 | -2.90 |
| 2024-09-30 | -4.44 |
| 2024-06-30 | -4.74 |
| 2024-03-31 | -10.34 |
| 2023-12-31 | -1.08 |
| 2023-09-30 | 3.89 |
| 2023-06-30 | 5.41 |
| 2023-03-31 | 1.56 |
| 2022-12-31 | 82.52 |
| 2022-09-30 | -1.90 |
| 2022-06-30 | -2.95 |
| 2022-03-31 | -3.81 |
| 2021-12-31 | -6.70 |
| 2021-09-30 | 7.99 |
| 2021-06-30 | 2.51 |
| 2021-03-31 | -1.97 |
| 2020-12-31 | -1.53 |
| 2020-09-30 | -1.02 |
| 2020-06-30 | -1.04 |
| 2020-03-31 | -0.92 |
| 2019-12-31 | -1.02 |
| 2019-09-30 | 3.76 |
| 2019-06-30 | 2.53 |
| 2019-03-31 | 1.82 |
| 2018-12-31 | -2.42 |
| 2018-09-30 | -0.65 |
| 2018-06-30 | -0.67 |
| 2018-03-31 | -0.37 |
| 2017-12-31 | -0.36 |
| 2017-09-30 | -0.29 |
| 2017-06-30 | -0.28 |
| 2017-03-31 | -0.30 |
| 2016-12-31 | -0.49 |
| 2016-09-30 | -0.35 |
| 2016-06-30 | 0.10 |
| 2016-03-31 | 0.00 |
| 2015-12-31 | 0.01 |
| 2015-09-30 | 0.04 |
| 2015-06-30 | 0.03 |
| 2015-03-31 | 0.04 |
| 2014-12-31 | 0.00 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |
| 2013-12-31 | 0.00 |
