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 0.01 is 109% above its 5-year average of 0.00, near the high end of its 5-year range (0.00–0.01).
As of the fiscal period ended Friday, July 31, 2026. 6.61% below its 12-month average of 0.01.
Reported quarterly debt to equity ratio; no daily interpolation. Q3 FY2026 (2026-07-31): 0.01.
DEBT TO EQUITY RATIO
0.01
DEBT TO EQUITY RATIO AVG TTM
0.01
DEBT TO EQUITY RATIO AVG 3Y
0.00
DEBT TO EQUITY RATIO AVG 5Y
0.00
DEBT TO EQUITY RATIO AVG 10Y
0.02
DEBT TO EQUITY RATIO AVG 15Y
0.15
DEBT TO EQUITY RATIO AVG 20Y
0.14
CURRENT VS TTM AVG
-6.61%
CURRENT VS 3Y AVG
+43.64%
CURRENT VS 5Y AVG
+108.53%
CURRENT VS 10Y AVG
-66.46%
CURRENT VS 15Y AVG
-95.95%
CURRENT VS 20Y AVG
-95.50%
SECTOR MEDIAN · INDUSTRIALS
0.47
median of 460 covered companies
CURRENT VS SECTOR MEDIAN
-98.69%
vs the sector median at left
Coda Octopus Group, Inc.
Market Cap
$122.51M
Debt to Equity Ratio
0.01
TTM Avg
0.01
3Y Avg
0.00
5Y Avg
0.00
Market Cap
$124.14M
Debt to Equity Ratio
0.14
TTM Avg
0.18
3Y Avg
0.13
5Y Avg
0.22
Market Cap
$125.82M
Debt to Equity Ratio
N/A
TTM Avg
2.29
3Y Avg
1.45
5Y Avg
1.45
Market Cap
$127.10M
Debt to Equity Ratio
0.13
TTM Avg
0.13
3Y Avg
0.09
5Y Avg
0.10
Market Cap
$117.40M
Debt to Equity Ratio
1.52
TTM Avg
1.36
3Y Avg
1.75
5Y Avg
1.76
Market Cap
$115.21M
Debt to Equity Ratio
0.35
TTM Avg
0.70
3Y Avg
0.57
5Y Avg
0.40
Market Cap
$108.93M
Debt to Equity Ratio
0.36
TTM Avg
0.41
3Y Avg
0.31
5Y Avg
0.25
Market Cap
$106.92M
Debt to Equity Ratio
0.00
TTM Avg
0.01
3Y Avg
0.01
5Y Avg
0.01
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Coda Octopus Group, Inc. (CODA) | $122.51M | 0.01 | 0.01 | 0.00 | 0.00 |
| ZJK Industrial Co., Ltd. (ZJK)vs › | $124.14M | 0.14 | 0.18 | 0.13 | 0.22 |
| Wheels Up Experience Inc. (UP)vs › | $125.82M | N/A | 2.29 | 1.45 | 1.45 |
| Resources Connection, Inc. (RGP)vs › | $127.10M | 0.13 | 0.13 | 0.09 | 0.10 |
| Mobile Infrastructure Corp (BEEP)vs › | $117.40M | 1.52 | 1.36 | 1.75 | 1.76 |
| Orion Energy Systems, Inc. (OESX)vs › | $115.21M | 0.35 | 0.70 | 0.57 | 0.40 |
| Shimmick Corp. (SHIM)vs › | $130.34M | N/A | 0.69 | 0.55 | 0.55 |
| Ultralife Corporation (ULBI)vs › | $108.93M | 0.36 | 0.41 | 0.31 | 0.25 |
| New Horizon Aircraft Ltd (HOVR)vs › | $106.92M | 0.00 | 0.01 | 0.01 | 0.01 |
| CBAK Energy Technology, Inc. (CBAT)vs › | $105.49M | 0.49 | 0.29 | 0.26 | 0.24 |
Debt/Equity
0.01
Current Ratio
10.06
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 |
|---|---|
| 2026-07-31 | 0.01 |
| 2026-04-30 | 0.01 |
| 2026-01-31 | 0.01 |
| 2025-10-31 | 0.01 |
| 2025-07-31 | 0.01 |
| 2025-04-30 | 0.01 |
| 2025-01-31 | 0.01 |
| 2024-10-31 | 0.01 |
| 2024-07-31 | 0.00 |
| 2024-04-30 | 0.00 |
| 2024-01-31 | 0.00 |
| 2023-10-31 | 0.00 |
| 2023-07-31 | 0.00 |
| 2023-04-30 | 0.00 |
| 2023-01-31 | 0.00 |
| 2022-10-31 | 0.00 |
| 2022-07-31 | 0.00 |
| 2022-04-30 | 0.00 |
| 2022-01-31 | 0.00 |
| 2021-10-31 | 0.00 |
| 2021-07-31 | 0.00 |
| 2021-04-30 | 0.01 |
| 2021-01-31 | 0.02 |
| 2020-10-31 | 0.02 |
| 2020-07-31 | 0.04 |
| 2020-04-30 | 0.04 |
| 2020-01-31 | 0.03 |
| 2019-10-31 | 0.03 |
| 2019-07-31 | 0.04 |
| 2019-04-30 | 0.05 |
| 2019-01-31 | 0.05 |
| 2018-10-31 | 0.08 |
| 2018-07-31 | 0.12 |
| 2018-04-30 | 0.14 |
| 2018-01-31 | 0.40 |
| 2017-10-31 | 0.60 |
| 2017-07-31 | 0.58 |
| 2017-04-30 | 0.66 |
| 2017-01-31 | 0.92 |
| 2016-10-31 | 0.99 |
| 2016-07-31 | 1.19 |
| 2016-04-30 | 1.29 |
| 2016-01-31 | 1.64 |
| 2015-10-31 | 3.61 |
| 2015-07-31 | 3.96 |
| 2015-04-30 | 5.39 |
| 2015-01-31 | 7.57 |
| 2014-10-31 | 5.83 |
| 2014-07-31 | 7.15 |
| 2014-04-30 | 8.25 |
| 2014-01-31 | 14.44 |
| 2013-10-31 | 18.67 |
| 2013-07-31 | -19.59 |
| 2013-04-30 | -5.24 |
| 2013-01-31 | -3.26 |
| 2012-10-31 | -2.89 |
| 2012-07-31 | -2.21 |
| 2012-04-30 | -0.13 |
| 2012-01-31 | -0.11 |
| 2011-10-31 | -0.15 |
| 2011-07-31 | 0.00 |
| 2011-04-30 | -1.16 |
| 2011-01-31 | -1.18 |
| 2010-10-31 | -1.12 |
| 2010-07-31 | -1.02 |
| 2010-04-30 | -0.90 |
| 2010-01-31 | -1.42 |
| 2009-10-31 | -1.67 |
| 2009-07-31 | -4.93 |
| 2009-04-30 | -5.80 |
| 2009-01-31 | -7.46 |
| 2008-10-31 | 19.38 |
| 2008-07-31 | 2.82 |
| 2008-04-30 | 2.14 |
| 2008-01-31 | 0.05 |
| 2007-10-31 | 0.04 |
| 2007-07-31 | 0.01 |
| 2007-04-30 | 0.01 |
| 2007-01-31 | 0.00 |
| 2006-10-31 | 3.93 |
| 2006-07-31 | 0.00 |
| 2006-04-30 | -0.95 |
| 2006-01-31 | -2.28 |