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 0.72 is 15% below its 5-year average of 0.85, near the low end of its 5-year range (0.71–1.06).
As of the fiscal period ended Tuesday, June 30, 2026. 0.56% below its 12-month average of 0.73.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.72.
DEBT TO EQUITY RATIO
0.72
DEBT TO EQUITY RATIO AVG TTM
0.73
DEBT TO EQUITY RATIO AVG 3Y
0.76
DEBT TO EQUITY RATIO AVG 5Y
0.85
DEBT TO EQUITY RATIO AVG 10Y
0.87
DEBT TO EQUITY RATIO AVG 15Y
0.90
DEBT TO EQUITY RATIO AVG 20Y
1.00
CURRENT VS TTM AVG
-0.56%
CURRENT VS 3Y AVG
-4.18%
CURRENT VS 5Y AVG
-14.91%
CURRENT VS 10Y AVG
-16.31%
CURRENT VS 15Y AVG
-19.47%
CURRENT VS 20Y AVG
-27.39%
SECTOR MEDIAN · UTILITIES
1.62
median of 58 covered companies
CURRENT VS SECTOR MEDIAN
-55.18%
vs the sector median at left
Artesian Resources Corporation
Market Cap
$347.21M
Debt to Equity Ratio
0.72
TTM Avg
0.73
3Y Avg
0.76
5Y Avg
0.85
Market Cap
$361.60M
Debt to Equity Ratio
0.00
TTM Avg
0.01
3Y Avg
0.02
5Y Avg
0.10
Market Cap
$326.32M
Debt to Equity Ratio
0.01
TTM Avg
0.01
3Y Avg
0.01
5Y Avg
0.01
Market Cap
$406.64M
Debt to Equity Ratio
N/A
TTM Avg
0.00
3Y Avg
0.00
5Y Avg
0.00
Market Cap
$234.38M
Debt to Equity Ratio
1.60
TTM Avg
2.11
3Y Avg
2.24
5Y Avg
2.72
Market Cap
$490.25M
Debt to Equity Ratio
0.01
TTM Avg
0.01
3Y Avg
0.02
5Y Avg
0.01
Market Cap
$38.59M
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Artesian Resources Corporation (ARTNA) | $347.21M | 0.72 | 0.73 | 0.76 | 0.85 |
| Digi Power X Inc. (DGXX)vs › | $361.60M | 0.00 | 0.01 | 0.02 | 0.10 |
| Terrestrial Energy Inc. (IMSR)vs › | $326.32M | 0.01 | 0.01 | 0.01 | 0.01 |
| Cadiz Inc. (CDZI)vs › | $295.06M | 25.72 | 3.50 | 2.65 | 2.46 |
| Terra Innovatum Global N.V. Ordinary shares (NKLR)vs › | $406.64M | N/A | 0.00 | 0.00 | 0.00 |
| Cadiz Inc. (CDZIP)vs › | $252.54M | 25.72 | 3.50 | 2.65 | 2.46 |
| Global Water Resources, Inc. (GWRS)vs › | $234.38M | 1.60 | 2.11 | 2.24 | 2.72 |
| Consolidated Water Co. Ltd. (CWCO)vs › | $490.25M | 0.01 | 0.01 | 0.02 | 0.01 |
| ONE Nuclear Energy Inc. (ONEN)vs › | $38.59M | N/A | N/A | N/A | N/A |
| Hallador Energy Company (HNRG)vs › | $677.03M | 0.25 | 0.38 | 0.39 | 0.49 |
Debt/Equity
0.72
Current Ratio
1.01
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 | 0.72 |
| 2026-03-31 | 0.74 |
| 2025-12-31 | 0.73 |
| 2025-09-30 | 0.71 |
| 2025-06-30 | 0.73 |
| 2025-03-31 | 0.74 |
| 2024-12-31 | 0.75 |
| 2024-09-30 | 0.77 |
| 2024-06-30 | 0.77 |
| 2024-03-31 | 0.78 |
| 2023-12-31 | 0.79 |
| 2023-09-30 | 0.80 |
| 2023-06-30 | 0.79 |
| 2023-03-31 | 1.06 |
| 2022-12-31 | 1.06 |
| 2022-09-30 | 0.99 |
| 2022-06-30 | 1.03 |
| 2022-03-31 | 0.95 |
| 2021-12-31 | 0.97 |
| 2021-09-30 | 0.99 |
| 2021-06-30 | 1.00 |
| 2021-03-31 | 0.97 |
| 2020-12-31 | 1.01 |
| 2020-09-30 | 1.02 |
| 2020-06-30 | 0.98 |
| 2020-03-31 | 0.95 |
| 2019-12-31 | 0.96 |
| 2019-09-30 | 0.95 |
| 2019-06-30 | 0.93 |
| 2019-03-31 | 0.88 |
| 2018-12-31 | 0.87 |
| 2018-09-30 | 0.86 |
| 2018-06-30 | 0.85 |
| 2018-03-31 | 0.82 |
| 2017-12-31 | 0.79 |
| 2017-09-30 | 0.79 |
| 2017-06-30 | 0.79 |
| 2017-03-31 | 0.80 |
| 2016-12-31 | 0.80 |
| 2016-09-30 | 0.79 |
| 2016-06-30 | 0.81 |
| 2016-03-31 | 0.83 |
| 2015-12-31 | 0.87 |
| 2015-09-30 | 0.91 |
| 2015-06-30 | 0.93 |
| 2015-03-31 | 0.96 |
| 2014-12-31 | 0.99 |
| 2014-09-30 | 0.98 |
| 2014-06-30 | 0.95 |
| 2014-03-31 | 0.93 |
| 2013-12-31 | 0.96 |
| 2013-09-30 | 0.98 |
| 2013-06-30 | 0.96 |
| 2013-03-31 | 0.99 |
| 2012-12-31 | 1.00 |
| 2012-09-30 | 1.02 |
| 2012-06-30 | 1.02 |
| 2012-03-31 | 1.03 |
| 2011-12-31 | 1.07 |
| 2011-09-30 | 1.09 |
| 2011-06-30 | 1.40 |
| 2011-03-31 | 1.41 |
| 2010-12-31 | 1.43 |
| 2010-09-30 | 1.38 |
| 2010-06-30 | 1.40 |
| 2010-03-31 | 1.43 |
| 2009-12-31 | 1.46 |
| 2009-09-30 | 1.49 |
| 2009-06-30 | 1.47 |
| 2009-03-31 | 1.46 |
| 2008-12-31 | 1.47 |
| 2008-09-30 | 1.38 |
| 2008-06-30 | 1.20 |
| 2008-03-31 | 1.11 |
| 2007-12-31 | 1.09 |
| 2007-09-30 | 1.08 |
| 2007-06-30 | 1.17 |
| 2007-03-31 | 1.63 |
| 2006-12-31 | 1.62 |
| 2006-09-30 | 1.63 |
| 2006-06-30 | 1.66 |
| 2006-03-31 | 1.62 |
| 2005-12-31 | 1.63 |
| 2005-09-30 | 1.62 |
| 2005-06-30 | 1.66 |
| 2005-03-31 | 1.69 |
| 2004-12-31 | 1.69 |
| 2004-09-30 | 1.74 |
| 2004-06-30 | 1.78 |
| 2004-03-31 | 1.76 |
| 2003-12-31 | 1.77 |
| 2003-09-30 | 1.37 |
| 2003-06-30 | 1.31 |
| 2003-03-31 | 1.37 |
| 2002-12-31 | 1.32 |
| 2002-09-30 | 1.24 |