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 0.31 is 143% above its 5-year average of -0.74, around the middle of its 5-year range (-10.24–8.66).
As of the fiscal period ended Wednesday, December 31, 2025. 46.52% below its 12-month average of 0.59.
Reported quarterly debt to equity ratio; no daily interpolation.
DEBT TO EQUITY RATIO
0.31
DEBT TO EQUITY RATIO AVG TTM
0.59
DEBT TO EQUITY RATIO AVG 3Y
-1.13
DEBT TO EQUITY RATIO AVG 5Y
0.17
DEBT TO EQUITY RATIO AVG 10Y
N/A
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-46.52%
CURRENT VS 3Y AVG
+127.80%
CURRENT VS 5Y AVG
+87.42%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.34
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
-7.41%
vs the sector median at left
Market Cap
$157.78M
Debt to Equity Ratio
0.10
TTM Avg
1.94
3Y Avg
1.53
5Y Avg
2.30
Market Cap
$302.93M
Debt to Equity Ratio
0.03
TTM Avg
0.07
3Y Avg
0.09
5Y Avg
0.10
Market Cap
$315.76M
Debt to Equity Ratio
0.02
TTM Avg
0.01
3Y Avg
0.01
5Y Avg
0.01
Market Cap
$491.98M
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$496.25M
Debt to Equity Ratio
0.52
TTM Avg
0.51
3Y Avg
0.50
5Y Avg
0.42
Market Cap
$496.51M
Debt to Equity Ratio
0.97
TTM Avg
0.66
3Y Avg
0.54
5Y Avg
0.47
Market Cap
$756.83M
Debt to Equity Ratio
0.13
TTM Avg
0.13
3Y Avg
0.15
5Y Avg
0.17
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nano Labs Ltd (NA) | $120.53M | 0.31 | 0.59 | -1.13 | 0.17 |
| MicroVision, Inc. (MVIS)vs › | $91.68M | 0.66 | 0.86 | 0.51 | 0.42 |
| Duos Technologies Group, Inc. (DUOT)vs › | $157.78M | 0.10 | 1.94 | 1.53 | 2.30 |
| One Stop Systems, Inc. (OSS)vs › | $302.93M | 0.03 | 0.07 | 0.09 | 0.10 |
| Nano Dimension Ltd. (NNDM)vs › | $315.76M | 0.02 | 0.01 | 0.01 | 0.01 |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $491.98M | N/A | N/A | N/A | N/A |
| Methode Electronics, Inc. (MEI)vs › | $496.25M | 0.52 | 0.51 | 0.50 | 0.42 |
| LightPath Technologies, Inc. (LPTH)vs › | $496.51M | 0.97 | 0.66 | 0.54 | 0.47 |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $756.83M | 0.13 | 0.13 | 0.15 | 0.17 |
| Red Cat Holdings, Inc. (RCAT)vs › | $812.08M | 0.07 | 0.06 | 0.05 | 0.11 |
Debt/Equity
0.31
Current Ratio
2.09
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 |
|---|---|
| 2025-12-31 | 0.31 |
| 2025-09-30 | 0.31 |
| 2025-06-30 | 1.10 |
| 2025-03-31 | 0.35 |
| 2024-12-31 | 0.86 |
| 2024-09-30 | 8.66 |
| 2024-06-30 | -5.24 |
| 2024-03-31 | -5.24 |
| 2023-12-31 | -10.24 |
| 2023-09-30 | -10.24 |
| 2023-06-30 | 2.25 |
| 2023-03-31 | 2.25 |
| 2022-12-31 | 0.14 |
| 2022-09-30 | 0.05 |
| 2022-06-30 | 0.05 |
| 2022-03-31 | 0.05 |
| 2021-12-31 | -0.30 |
| 2021-09-30 | -0.30 |
| 2021-06-30 | -0.09 |
| 2021-03-31 | -0.09 |
| 2020-12-31 | -0.12 |
| 2020-09-30 | -0.75 |
| 2020-06-30 | -0.12 |
| 2020-03-31 | -0.13 |
