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 0.02 is 98% below its 5-year average of 0.94, near the low end of its 5-year range (0.00–6.52).
As of the fiscal period ended Tuesday, March 31, 2026. 79.65% below its 12-month average of 0.09.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
0.02
DEBT TO EQUITY RATIO AVG TTM
0.09
DEBT TO EQUITY RATIO AVG 3Y
0.77
DEBT TO EQUITY RATIO AVG 5Y
0.66
DEBT TO EQUITY RATIO AVG 10Y
0.02
DEBT TO EQUITY RATIO AVG 15Y
0.01
DEBT TO EQUITY RATIO AVG 20Y
0.01
CURRENT VS TTM AVG
-79.65%
CURRENT VS 3Y AVG
-97.53%
CURRENT VS 5Y AVG
-97.14%
CURRENT VS 10Y AVG
-20.03%
CURRENT VS 15Y AVG
+36.15%
CURRENT VS 20Y AVG
+269.76%
SECTOR MEDIAN · FINANCIAL SERVICES
0.66
median of 86 covered companies
CURRENT VS SECTOR MEDIAN
-97.12%
vs the sector median at left
DeFi Technologies Inc.
Market Cap
$186.19M
Debt to Equity Ratio
0.02
TTM Avg
0.09
3Y Avg
0.77
5Y Avg
0.66
Market Cap
$184.74M
Debt to Equity Ratio
0.13
TTM Avg
0.09
3Y Avg
0.04
5Y Avg
0.03
Market Cap
$198.29M
Debt to Equity Ratio
0.26
TTM Avg
0.29
3Y Avg
0.31
5Y Avg
0.31
Market Cap
$154.80M
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$138.87M
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$73.52M
Debt to Equity Ratio
0.68
TTM Avg
0.34
3Y Avg
0.17
5Y Avg
0.22
Market Cap
$299.39M
Debt to Equity Ratio
0.59
TTM Avg
0.58
3Y Avg
0.55
5Y Avg
0.57
Market Cap
$325.09M
Debt to Equity Ratio
0.20
TTM Avg
0.20
3Y Avg
0.27
5Y Avg
0.33
Market Cap
$5.89M
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 |
|---|---|---|---|---|---|
| DeFi Technologies Inc. (DEFT) | $186.19M | 0.02 | 0.09 | 0.77 | 0.66 |
| The New Germany Fund, Inc. (GF)vs › | $184.74M | 0.13 | 0.09 | 0.04 | 0.03 |
| Franklin Universal Trust (FT)vs › | $198.29M | 0.26 | 0.29 | 0.31 | 0.31 |
| Blackrock 2037 Municipal Target Term Trust (BMN)vs › | $154.80M | N/A | N/A | N/A | N/A |
| Global X - MSCI Colombia ETF (COLO)vs › | $138.87M | N/A | N/A | N/A | N/A |
| Nuveen Minnesota Quality Municipal Income Fund (NMS)vs › | $73.52M | 0.68 | 0.34 | 0.17 | 0.22 |
| Isabella Bank Corporation (ISBA)vs › | $299.39M | 0.59 | 0.58 | 0.55 | 0.57 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $325.09M | 0.20 | 0.20 | 0.27 | 0.33 |
| CYBER HORNET S&P 500 and Bitcoin 75/25 Strategy ETF (ZZZ)vs › | $5.89M | N/A | N/A | N/A | N/A |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $657.00M | N/A | N/A | N/A | N/A |
Debt/Equity
0.02
Current Ratio
1.09
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 |
|---|---|
| 2026-03-31 | 0.02 |
| 2025-12-31 | 0.04 |
| 2025-09-30 | 0.14 |
| 2025-06-30 | 0.11 |
| 2025-03-31 | 0.16 |
| 2024-12-31 | 0.60 |
| 2024-09-30 | 0.10 |
| 2024-06-30 | 0.17 |
| 2024-03-31 | 6.52 |
| 2023-12-31 | 3.05 |
| 2023-09-30 | 1.84 |
| 2023-06-30 | 1.43 |
| 2023-03-31 | 1.58 |
| 2022-12-31 | 1.95 |
| 2022-09-30 | 0.74 |
| 2022-06-30 | 0.79 |
| 2022-03-31 | 0.58 |
| 2021-12-31 | 0.00 |
| 2021-09-30 | 0.00 |
| 2021-06-30 | 0.00 |
| 2021-03-31 | 0.00 |
| 2020-12-31 | 0.00 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
| 2019-12-31 | 0.00 |
| 2019-09-30 | 0.00 |
| 2019-06-30 | 0.00 |
| 2019-03-31 | 0.00 |
| 2018-12-31 | 0.00 |
| 2018-09-30 | 0.00 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 0.00 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
| 2016-12-31 | 0.00 |
| 2016-09-30 | 0.00 |
| 2016-06-30 | 0.00 |
| 2016-03-31 | 0.00 |
| 2015-12-31 | 0.00 |
| 2015-09-30 | 0.00 |
| 2015-06-30 | 0.00 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 0.00 |
| 2014-09-30 | 0.04 |
| 2014-06-30 | 0.06 |
| 2014-03-31 | 0.06 |
| 2013-12-31 | 0.06 |
| 2013-09-30 | 0.03 |
| 2013-06-30 | 0.01 |
| 2013-03-31 | 0.01 |
| 2012-12-31 | 0.00 |
| 2012-09-30 | 0.00 |
| 2012-06-30 | 0.00 |
| 2012-03-31 | 0.00 |
| 2011-12-31 | 0.00 |
| 2011-09-30 | 0.00 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 0.00 |
| 2010-12-31 | 0.00 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 0.00 |
| 2010-03-31 | 0.00 |
| 2009-12-31 | 0.00 |
| 2009-09-30 | 0.00 |
| 2009-06-30 | 0.00 |
| 2009-03-31 | 0.00 |
| 2008-12-31 | 0.00 |
| 2008-09-30 | 0.00 |
| 2008-06-30 | 0.00 |
| 2008-03-31 | 0.00 |
| 2007-12-31 | 0.00 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.00 |
| 2007-03-31 | 0.00 |
| 2006-12-31 | 0.00 |
| 2006-09-30 | 0.00 |
| 2006-06-30 | 0.00 |
| 2006-03-31 | 0.00 |
| 2005-12-31 | 0.00 |
| 2005-09-30 | 0.00 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |
| 2004-12-31 | 0.75 |
| 2004-09-30 | 0.47 |
| 2004-06-30 | 0.00 |
| 2004-03-31 | 0.00 |
| 2003-12-31 | -0.02 |
| 2003-09-30 | 0.00 |
| 2003-06-30 | -0.50 |
| 2003-03-31 | -0.20 |
| 2002-12-31 | -0.21 |
| 2002-09-30 | 0.06 |
| 2002-06-30 | 0.04 |