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 -2.99 is 634% below its 5-year average of -0.41, around the middle of its 5-year range (-62.26–50.33).
As of the fiscal period ended Wednesday, December 31, 2025. 132.34% below its 12-month average of 9.26.
Reported quarterly debt to equity ratio; no daily interpolation. Q4 FY2025 (2025-12-31): -2.99.
DEBT TO EQUITY RATIO
-2.99
DEBT TO EQUITY RATIO AVG TTM
9.26
DEBT TO EQUITY RATIO AVG 3Y
-0.48
DEBT TO EQUITY RATIO AVG 5Y
-0.41
DEBT TO EQUITY RATIO AVG 10Y
-0.41
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-132.34%
CURRENT VS 3Y AVG
-524.13%
CURRENT VS 5Y AVG
-633.64%
CURRENT VS 10Y AVG
-632.53%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.20
median of 446 covered companies
CURRENT VS SECTOR MEDIAN
-1597.35%
vs the sector median at left
Currenc Group, Inc.
Market Cap
$323.37M
Debt to Equity Ratio
-2.99
TTM Avg
9.26
3Y Avg
-0.48
5Y Avg
-0.41
Market Cap
$321.60M
Debt to Equity Ratio
1.40
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$332.60M
Debt to Equity Ratio
0.04
TTM Avg
0.01
3Y Avg
0.01
5Y Avg
0.01
Market Cap
$313.91M
Debt to Equity Ratio
0.15
TTM Avg
0.29
3Y Avg
0.27
5Y Avg
0.24
Market Cap
$301.85M
Debt to Equity Ratio
0.44
TTM Avg
0.19
3Y Avg
0.46
5Y Avg
0.53
Market Cap
$354.39M
Debt to Equity Ratio
0.42
TTM Avg
0.06
3Y Avg
0.80
5Y Avg
0.81
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Currenc Group, Inc. (CURR) | $323.37M | -2.99 | 9.26 | -0.48 | -0.41 |
| Kodiak AI, Inc. Common Stock (KDK)vs › | $321.60M | 1.40 | N/A | N/A | N/A |
| Lantronix, Inc. (LTRX)vs › | $326.31M | 0.07 | 0.18 | 0.27 | 0.25 |
| Nano Dimension Ltd. (NNDM)vs › | $332.60M | 0.04 | 0.01 | 0.01 | 0.01 |
| Amtech Systems, Inc. (ASYS)vs › | $313.91M | 0.15 | 0.29 | 0.27 | 0.24 |
| 8x8, Inc. (EGHT)vs › | $311.21M | 2.42 | 2.94 | 4.07 | 3.62 |
| Gorilla Technology Group Inc. (GRRR)vs › | $301.85M | 0.44 | 0.19 | 0.46 | 0.53 |
| SEALSQ Corp (LAES)vs › | $352.21M | 0.01 | 0.07 | 17.45 | 17.45 |
| i3 Verticals, Inc. (IIIV)vs › | $354.39M | 0.42 | 0.06 | 0.80 | 0.81 |
| International Money Express, Inc. (IMXI)vs › | $360.43M | 0.80 | 1.35 | 1.34 | 1.15 |
Debt/Equity
-2.99
Current Ratio
1.12
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 | -2.99 |
| 2025-09-30 | 50.33 |
| 2025-06-30 | -0.37 |
| 2025-03-31 | -0.33 |
| 2024-12-31 | -0.34 |
| 2024-09-30 | -0.48 |
| 2024-06-30 | -0.05 |
| 2024-03-31 | -0.48 |
| 2023-12-31 | -0.51 |
| 2023-09-30 | -0.55 |
| 2023-06-30 | -1.00 |
| 2023-03-31 | -1.20 |
| 2022-12-31 | -0.68 |
| 2022-09-30 | -62.26 |
| 2022-06-30 | -0.75 |
| 2022-03-31 | 1.29 |
| 2021-12-31 | -0.80 |
| 2021-09-30 | 0.67 |
| 2021-06-30 | 0.66 |
| 2021-03-31 | 0.77 |
| 2020-12-31 | -1.50 |
| 2020-09-30 | 0.12 |
| 2020-06-30 | 0.05 |
| 2020-03-31 | 0.05 |
| 2019-12-31 | 0.06 |
| 2019-09-30 | 0.04 |
| 2019-06-30 | 0.06 |
| 2019-03-31 | -19.08 |
| 2018-12-31 | -1.21 |
| 2018-09-30 | -1.02 |
| 2018-06-30 | -1.26 |
| 2018-03-31 | -2.06 |
| 2017-12-31 | -1.18 |
| 2017-09-30 | -7.82 |
| 2017-06-30 | 0.80 |
| 2017-03-31 | 0.05 |
| 2016-12-31 | 0.05 |
| 2016-09-30 | 0.00 |
| 2016-06-30 | -17.48 |
| 2016-03-31 | 0.41 |
| 2015-12-31 | -1.04 |
| 2015-09-30 | 0.21 |
| 2015-06-30 | 0.00 |
