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 0.04 is 55% below its 5-year average of 0.08, near the low end of its 5-year range (0.02–0.22).
As of the fiscal period ended Tuesday, June 30, 2026. 43.06% below its 12-month average of 0.07.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.04.
DEBT TO EQUITY RATIO
0.04
DEBT TO EQUITY RATIO AVG TTM
0.07
DEBT TO EQUITY RATIO AVG 3Y
0.05
DEBT TO EQUITY RATIO AVG 5Y
0.08
DEBT TO EQUITY RATIO AVG 10Y
0.09
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-43.06%
CURRENT VS 3Y AVG
-28.50%
CURRENT VS 5Y AVG
-55.08%
CURRENT VS 10Y AVG
-60.14%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.47
median of 396 covered companies
CURRENT VS SECTOR MEDIAN
-92.04%
vs the sector median at left
Market Cap
$48.85M
Debt to Equity Ratio
0.11
TTM Avg
0.14
3Y Avg
0.32
5Y Avg
0.22
Market Cap
$49.50M
Debt to Equity Ratio
16.38
TTM Avg
8184.44
3Y Avg
5458.22
5Y Avg
5458.22
Market Cap
$53.79M
Debt to Equity Ratio
0.70
TTM Avg
0.71
3Y Avg
0.65
5Y Avg
0.57
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Mobilicom Ltd (MOB) | $48.68M | 0.04 | 0.07 | 0.05 | 0.08 |
| Avax One Technology Ltd (AVX)vs › | $48.85M | 0.11 | 0.14 | 0.32 | 0.22 |
| OPAL Fuels Inc. (OPAL)vs › | $49.50M | 16.38 | 8184.44 | 5458.22 | 5458.22 |
| Culp, Inc. (CULP)vs › | $47.36M | 0.28 | 0.42 | 0.26 | 0.19 |
| First Breach Inc. (FBDT)vs › | $45.54M | N/A | N/A | N/A | N/A |
| Fuel Tech, Inc. (FTEK)vs › | $52.05M | 0.01 | 0.01 | 0.01 | 0.02 |
| Circle8 Group, Inc. (CIRC)vs › | $44.98M | 10.24 | N/A | N/A | N/A |
| New Century Logistics (BVI) Limited (NCEW)vs › | $53.79M | 0.70 | 0.71 | 0.65 | 0.57 |
| Energys Group Limited (ENGS)vs › | $42.41M | N/A | N/A | N/A | N/A |
| Aeries Technology, Inc (AERT)vs › | $40.86M | N/A | 0.49 | 0.49 | 0.49 |
Debt/Equity
0.04
Current Ratio
10.77
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 | 0.04 |
| 2025-12-31 | 0.05 |
| 2025-06-30 | 0.11 |
| 2024-12-31 | 0.06 |
| 2024-06-30 | 0.04 |
| 2023-12-31 | 0.05 |
| 2023-06-30 | 0.02 |
| 2022-12-31 | 0.03 |
| 2022-06-30 | 0.22 |
| 2021-12-31 | 0.19 |
| 2021-06-30 | 0.10 |
| 2020-12-31 | 0.41 |
| 2020-06-30 | 0.19 |
| 2019-12-31 | 0.21 |
| 2019-06-30 | 0.15 |
| 2018-12-31 | 0.00 |
| 2018-06-30 | 0.00 |
| 2017-12-31 | 0.00 |
| 2017-06-30 | 0.00 |
| 2016-12-31 | 1.64 |
| 2016-06-30 | 0.00 |
