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 0.93 is in line with its 2-year average of 0.89, near the low end of its 2-year range (0.00–3.23).
As of the fiscal period ended Tuesday, June 30, 2026. 48.00% below its 12-month average of 1.79.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.93.
DEBT TO EQUITY RATIO
0.93
DEBT TO EQUITY RATIO AVG TTM
1.79
DEBT TO EQUITY RATIO AVG 3Y
N/A
DEBT TO EQUITY RATIO AVG 5Y
N/A
DEBT TO EQUITY RATIO AVG 10Y
N/A
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-48.00%
CURRENT VS 3Y AVG
N/A
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.47
median of 361 covered companies
CURRENT VS SECTOR MEDIAN
+97.63%
vs the sector median at left
Cardinal Infrastructure Group Inc.
Market Cap
$445.94M
Debt to Equity Ratio
0.93
TTM Avg
1.79
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$416.78M
Debt to Equity Ratio
0.19
TTM Avg
0.21
3Y Avg
0.17
5Y Avg
0.26
Market Cap
$413.50M
Debt to Equity Ratio
0.59
TTM Avg
0.38
3Y Avg
0.34
5Y Avg
0.37
Market Cap
$481.18M
Debt to Equity Ratio
N/A
TTM Avg
14.85
3Y Avg
8.16
5Y Avg
5.60
Market Cap
$486.69M
Debt to Equity Ratio
1.74
TTM Avg
1.17
3Y Avg
0.91
5Y Avg
0.81
Market Cap
$405.09M
Debt to Equity Ratio
1.24
TTM Avg
1.51
3Y Avg
1.00
5Y Avg
0.98
Market Cap
$402.80M
Debt to Equity Ratio
0.02
TTM Avg
0.01
3Y Avg
0.02
5Y Avg
0.09
Market Cap
$499.44M
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 |
|---|---|---|---|---|---|
| Cardinal Infrastructure Group Inc. (CDNL) | $445.94M | 0.93 | 1.79 | N/A | N/A |
| BUUU Group Ltd (BUUU)vs › | $454.12M | 2.10 | 1.29 | 1.29 | 1.29 |
| Acacia Research Corporation (ACTG)vs › | $416.78M | 0.19 | 0.21 | 0.17 | 0.26 |
| Montauk Renewables, Inc. (MNTK)vs › | $413.50M | 0.59 | 0.38 | 0.34 | 0.37 |
| Forward Air Corporation (FWRD)vs › | $481.18M | N/A | 14.85 | 8.16 | 5.60 |
| Columbus McKinnon Corporation (CMCO)vs › | $486.69M | 1.74 | 1.17 | 0.91 | 0.81 |
| Falcon's Beyond Global, Inc. Class A Common Stock (FBYD)vs › | $405.09M | 1.24 | 1.51 | 1.00 | 0.98 |
| Aduro Clean Technologies Inc. (ADUR)vs › | $402.80M | 0.02 | 0.01 | 0.02 | 0.09 |
| Accelevation Holdings Corp. (ACCV)vs › | $499.44M | N/A | N/A | N/A | N/A |
| Concrete Pumping Holdings, Inc. (BBCP)vs › | $502.42M | 1.51 | 1.38 | 1.43 | 1.42 |
Debt/Equity
0.93
Current Ratio
3.59
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 | 0.93 |
| 2026-03-31 | 3.23 |
| 2025-12-31 | 2.35 |
| 2025-09-30 | 2.43 |
| 2025-06-30 | 0.00 |
| 2025-03-31 | 0.00 |
| 2024-12-31 | 0.00 |
| 2024-09-30 | 0.00 |
| 2024-06-30 | 0.00 |
| 2024-03-31 | 0.00 |
