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 0.11 is 90% below its 5-year average of 1.10, near the low end of its 5-year range (0.06–4.31).
As of the fiscal period ended Friday, July 31, 2026. 20.10% above its 12-month average of 0.09.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
0.11
DEBT TO EQUITY RATIO AVG TTM
0.09
DEBT TO EQUITY RATIO AVG 3Y
0.09
DEBT TO EQUITY RATIO AVG 5Y
1.10
DEBT TO EQUITY RATIO AVG 10Y
0.79
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+20.10%
CURRENT VS 3Y AVG
+22.75%
CURRENT VS 5Y AVG
-90.33%
CURRENT VS 10Y AVG
-86.59%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.33
median of 186 covered companies
CURRENT VS SECTOR MEDIAN
-67.71%
vs the sector median at left
Market Cap
$12.42B
Debt to Equity Ratio
573.34
TTM Avg
11.79
3Y Avg
28.95
5Y Avg
34.15
Market Cap
$12.67B
Debt to Equity Ratio
0.55
TTM Avg
0.35
3Y Avg
0.38
5Y Avg
0.43
Market Cap
$12.08B
Debt to Equity Ratio
0.34
TTM Avg
0.26
3Y Avg
0.16
5Y Avg
0.14
Market Cap
$12.91B
Debt to Equity Ratio
0.30
TTM Avg
0.18
3Y Avg
0.17
5Y Avg
0.20
Market Cap
$11.62B
Debt to Equity Ratio
0.95
TTM Avg
0.53
3Y Avg
0.60
5Y Avg
0.58
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| DocuSign, Inc. (DOCU) | $12.43B | 0.11 | 0.09 | 0.09 | 1.10 |
| GoDaddy Inc. (GDDY)vs › | $12.42B | 573.34 | 11.79 | 28.95 | 34.15 |
| HubSpot, Inc. (HUBS)vs › | $12.49B | 0.14 | 0.26 | 0.48 | 0.63 |
| Amkor Technology, Inc. (AMKR)vs › | $12.67B | 0.55 | 0.35 | 0.38 | 0.43 |
| Nova Ltd. (NVMI)vs › | $12.10B | 0.55 | 0.45 | 0.41 | 0.45 |
| Manhattan Associates, Inc. (MANH)vs › | $12.08B | 0.34 | 0.26 | 0.16 | 0.14 |
| Grab Holdings Limited (GRAB)vs › | $12.91B | 0.30 | 0.18 | 0.17 | 0.20 |
| Gartner, Inc. (IT)vs › | $11.68B | N/A | 6.72 | 7.95 | 7.20 |
| Advanced Energy Industries, Inc. (AEIS)vs › | $11.62B | 0.95 | 0.53 | 0.60 | 0.58 |
| Jack Henry & Associates, Inc. (JKHY)vs › | $11.41B | 0.02 | 0.01 | 0.03 | 0.06 |
Debt/Equity
0.11
Current Ratio
0.64
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 | 0.11 |
| 2026-04-30 | 0.10 |
| 2026-01-31 | 0.10 |
| 2025-10-31 | 0.08 |
| 2025-07-31 | 0.06 |
| 2025-04-30 | 0.07 |
| 2025-01-31 | 0.06 |
| 2024-10-31 | 0.07 |
| 2024-07-31 | 0.07 |
| 2024-04-30 | 0.12 |
| 2024-01-31 | 0.13 |
| 2023-10-31 | 0.87 |
| 2023-07-31 | 1.04 |
| 2023-04-30 | 1.18 |
| 2023-01-31 | 1.44 |
| 2022-10-31 | 1.79 |
| 2022-07-31 | 2.10 |
| 2022-04-30 | 2.50 |
| 2022-01-31 | 3.20 |
| 2021-10-31 | 3.76 |
| 2021-07-31 | 4.31 |
| 2021-04-30 | 3.89 |
| 2021-01-31 | 2.81 |
| 2020-10-31 | 1.61 |
| 2020-07-31 | 1.37 |
| 2020-04-30 | 1.29 |
| 2020-01-31 | 1.19 |
| 2019-10-31 | 1.10 |
| 2019-07-31 | 1.09 |
| 2019-04-30 | 1.03 |
| 2019-01-31 | 0.71 |
| 2018-10-31 | 0.53 |
| 2018-07-31 | 0.00 |
| 2018-04-30 | 0.00 |
| 2018-01-31 | 0.00 |
| 2017-10-31 | 0.00 |
| 2017-07-31 | 0.00 |
| 2017-04-30 | 0.00 |