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 0.37 is 68% above its 5-year average of 0.22, near the high end of its 5-year range (0.01–0.41).
As of the fiscal period ended Friday, July 3, 2026. 5.94% below its 12-month average of 0.39.
Reported quarterly debt to equity ratio; no daily interpolation. Q4 FY2026 (2026-07-03): 0.37.
DEBT TO EQUITY RATIO
0.37
DEBT TO EQUITY RATIO AVG TTM
0.39
DEBT TO EQUITY RATIO AVG 3Y
0.35
DEBT TO EQUITY RATIO AVG 5Y
0.22
DEBT TO EQUITY RATIO AVG 10Y
0.18
DEBT TO EQUITY RATIO AVG 15Y
0.15
DEBT TO EQUITY RATIO AVG 20Y
0.11
CURRENT VS TTM AVG
-5.94%
CURRENT VS 3Y AVG
+5.58%
CURRENT VS 5Y AVG
+68.00%
CURRENT VS 10Y AVG
+107.07%
CURRENT VS 15Y AVG
+153.46%
CURRENT VS 20Y AVG
+248.90%
SECTOR MEDIAN · TECHNOLOGY
0.18
median of 571 covered companies
CURRENT VS SECTOR MEDIAN
+106.07%
vs the sector median at left
Aviat Networks, Inc.
Market Cap
$274.00M
Debt to Equity Ratio
0.37
TTM Avg
0.39
3Y Avg
0.35
5Y Avg
0.22
Market Cap
$272.70M
Debt to Equity Ratio
1.00
TTM Avg
0.77
3Y Avg
0.44
5Y Avg
0.29
Market Cap
$271.50M
Debt to Equity Ratio
0.00
TTM Avg
1.94
3Y Avg
1.53
5Y Avg
2.30
Market Cap
$276.00M
Debt to Equity Ratio
0.19
TTM Avg
0.14
3Y Avg
0.14
5Y Avg
0.14
Market Cap
$276.10M
Debt to Equity Ratio
0.07
TTM Avg
0.07
3Y Avg
0.36
5Y Avg
0.30
Market Cap
$269.74M
Debt to Equity Ratio
1.22
TTM Avg
0.66
3Y Avg
0.69
5Y Avg
0.47
Market Cap
$278.01M
Debt to Equity Ratio
0.01
TTM Avg
0.01
3Y Avg
0.01
5Y Avg
0.02
Market Cap
$265.28M
Debt to Equity Ratio
3.19
TTM Avg
5.41
3Y Avg
8.05
5Y Avg
5.80
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aviat Networks, Inc. (AVNW) | $274.00M | 0.37 | 0.39 | 0.35 | 0.22 |
| Turtle Beach Corporation (TBCH)vs › | $272.70M | 1.00 | 0.77 | 0.44 | 0.29 |
| Duos Technologies Group, Inc. (DUOT)vs › | $271.50M | 0.00 | 1.94 | 1.53 | 2.30 |
| Xanadu Quantum Technologies Limited Class B Subordinate Voting Shares (XNDU)vs › | $276.00M | 0.19 | 0.14 | 0.14 | 0.14 |
| A2Z Cust2Mate Solutions Corp. (AZ)vs › | $276.10M | 0.07 | 0.07 | 0.36 | 0.30 |
| The Hackett Group, Inc. (HCKT)vs › | $269.74M | 1.22 | 0.66 | 0.69 | 0.47 |
| Richardson Electronics, Ltd. (RELL)vs › | $278.01M | 0.01 | 0.01 | 0.01 | 0.02 |
| AudioCodes Ltd. (AUDC)vs › | $280.49M | 0.28 | 0.30 | 0.22 | 0.18 |
| Commerce.com, Inc. (CMRC)vs › | $265.28M | 3.19 | 5.41 | 8.05 | 5.80 |
| Silvaco Group, Inc. Common Stock (SVCO)vs › | $286.89M | 0.02 | 0.05 | 0.34 | 0.27 |
Debt/Equity
0.37
Current Ratio
1.97
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 |
|---|---|
| 2026-07-03 | 0.37 |
| 2026-03-27 | 0.39 |
| 2025-12-26 | 0.40 |
| 2025-09-26 | 0.41 |
| 2025-06-27 | 0.35 |
| 2025-03-28 | 0.30 |
| 2024-12-27 | 0.32 |
| 2024-09-27 | 0.35 |
| 2024-06-28 | 0.20 |
| 2024-03-29 | 0.30 |
| 2023-12-29 | 0.32 |
| 2023-09-29 | 0.35 |
| 2023-06-30 | 0.20 |
| 2023-03-31 | 0.04 |
| 2022-12-30 | 0.02 |
| 2022-09-30 | 0.02 |
| 2022-07-01 | 0.01 |
| 2022-04-01 | 0.02 |
| 2021-12-31 | 0.02 |
| 2021-10-01 | 0.02 |
| 2021-07-02 | 0.02 |
| 2021-04-02 | 0.02 |
| 2021-01-01 | 0.04 |
| 2020-10-02 | 0.04 |
| 2020-07-03 | 0.19 |
| 2020-04-03 | 0.21 |
| 2019-12-27 | 0.22 |
| 2019-09-27 | 0.23 |
| 2019-06-28 | 0.13 |
| 2019-03-29 | 0.13 |
| 2018-12-28 | 0.14 |
| 2018-09-28 | 0.14 |
| 2018-06-29 | 0.16 |
| 2018-03-30 | 0.15 |
| 2017-12-29 | 0.15 |
| 2017-09-29 | 0.17 |
| 2017-06-30 | 0.17 |
| 2017-03-31 | 0.15 |
| 2016-12-30 | 0.15 |
| 2016-09-30 | 0.15 |
| 2016-07-01 | 0.17 |
| 2016-04-01 | 0.13 |
| 2016-01-01 | 0.12 |
| 2015-10-02 | 0.11 |
| 2015-07-03 | 0.11 |
| 2015-04-03 | 0.12 |
| 2014-12-26 | 0.10 |
| 2014-09-26 | 0.06 |
| 2014-06-27 | 0.05 |
| 2014-03-28 | 0.05 |
| 2013-12-27 | 0.05 |
| 2013-09-27 | 0.04 |
| 2013-06-28 | 0.06 |
| 2013-03-29 | 0.06 |
| 2012-12-28 | 0.07 |
| 2012-09-28 | 0.07 |
| 2012-06-29 | 0.08 |
| 2012-03-30 | 0.09 |
| 2011-12-30 | 0.04 |
| 2011-09-30 | 0.03 |
| 2011-07-01 | 0.03 |
| 2011-04-01 | 0.03 |
| 2010-12-31 | 0.03 |
| 2010-10-01 | 0.02 |
| 2010-07-02 | 0.02 |
| 2010-04-02 | 0.03 |
| 2010-01-01 | 0.03 |
| 2009-10-02 | 0.03 |
| 2009-07-03 | 0.03 |
| 2009-04-03 | 0.03 |
| 2009-01-02 | 0.03 |
| 2008-09-26 | 0.02 |
| 2008-06-27 | 0.02 |
| 2008-03-28 | 0.02 |
| 2007-12-28 | 0.02 |
| 2007-09-28 | 0.03 |
| 2007-06-29 | 0.06 |
| 2007-03-30 | 0.04 |
| 2006-12-29 | 0.00 |
| 2006-09-30 | 0.38 |
| 2006-06-30 | 0.45 |
| 2006-03-31 | 0.54 |
| 2005-12-31 | 0.49 |
| 2005-09-30 | 0.30 |
| 2005-06-30 | 0.32 |
| 2005-03-31 | 0.33 |
| 2004-12-31 | 0.29 |
| 2004-09-30 | 0.26 |
| 2004-06-30 | 0.34 |
| 2004-03-31 | 0.00 |
| 2003-12-31 | 0.00 |
| 2003-09-30 | 0.00 |
| 2003-06-30 | 0.00 |
| 2003-03-31 | 0.00 |
| 2002-12-31 | 0.00 |
| 2002-09-30 | 0.00 |