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 -16.46 is 478% below its 5-year average of 4.35, around the middle of its 5-year range (-47.57–46.92).
As of the fiscal period ended Tuesday, June 30, 2026. 75539.13% below its 12-month average of -0.02.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): -16.46.
DEBT TO EQUITY RATIO
-16.46
DEBT TO EQUITY RATIO AVG TTM
-0.02
DEBT TO EQUITY RATIO AVG 3Y
4.92
DEBT TO EQUITY RATIO AVG 5Y
4.35
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
-75539.13%
CURRENT VS 3Y AVG
-434.85%
CURRENT VS 5Y AVG
-478.20%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
0.49
median of 91 covered companies
CURRENT VS SECTOR MEDIAN
-3459.40%
vs the sector median at left
New Fortress Energy Inc.
Market Cap
$32.88M
Debt to Equity Ratio
-16.46
TTM Avg
-0.02
3Y Avg
4.92
5Y Avg
4.35
Market Cap
$28.45M
Debt to Equity Ratio
N/A
TTM Avg
9.42
3Y Avg
8.61
5Y Avg
4.67
Market Cap
$38.22M
Debt to Equity Ratio
2.17
TTM Avg
1.86
3Y Avg
1.24
5Y Avg
1.26
Market Cap
$23.75M
Debt to Equity Ratio
0.07
TTM Avg
0.53
3Y Avg
1.08
5Y Avg
1.08
Market Cap
$9.50M
Debt to Equity Ratio
0.01
TTM Avg
0.09
3Y Avg
0.06
5Y Avg
0.05
Market Cap
$8.64M
Debt to Equity Ratio
N/A
TTM Avg
0.00
3Y Avg
0.00
5Y Avg
0.00
Market Cap
$7.52M
Debt to Equity Ratio
38.25
TTM Avg
21.00
3Y Avg
10.51
5Y Avg
10.51
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| New Fortress Energy Inc. (NFE) | $32.88M | -16.46 | -0.02 | 4.92 | 4.35 |
| FTC Solar, Inc. (FTCI)vs › | $31.13M | N/A | 0.30 | 0.16 | 0.19 |
| KLX Energy Services Holdings, Inc. (KLXE)vs › | $28.45M | N/A | 9.42 | 8.61 | 4.67 |
| Prairie Operating Co. (PROP)vs › | $38.22M | 2.17 | 1.86 | 1.24 | 1.26 |
| Beam Global (BEEM)vs › | $25.03M | 0.09 | 0.06 | 0.05 | 0.06 |
| Ascent Solar Technologies, Inc. Common Stock (ASTI)vs › | $23.75M | 0.07 | 0.53 | 1.08 | 1.08 |
| CBL International Limited (BANL)vs › | $9.50M | 0.01 | 0.09 | 0.06 | 0.05 |
| Marine Petroleum Trust (MARPS)vs › | $8.64M | N/A | 0.00 | 0.00 | 0.00 |
| Delixy Holdings Limited Ordinary Shares (DLXY)vs › | $7.52M | 38.25 | 21.00 | 10.51 | 10.51 |
| Geospace Technologies Corporation (GEOS)vs › | $60.73M | 0.01 | 0.01 | 0.01 | 0.01 |
Debt/Equity
-16.46
Current Ratio
0.16
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 | -16.46 |
| 2026-03-31 | -47.57 |
| 2025-12-31 | 46.92 |
| 2025-09-30 | 9.35 |
| 2025-06-30 | 7.65 |
| 2025-03-31 | 5.51 |
| 2024-12-31 | 5.06 |
| 2024-09-30 | 5.52 |
| 2024-06-30 | 5.30 |
| 2024-03-31 | 4.62 |
| 2023-12-31 | 4.50 |
| 2023-09-30 | 4.62 |
| 2023-06-30 | 4.21 |
| 2023-03-31 | 4.38 |
| 2022-12-31 | 3.79 |
| 2022-09-30 | 2.61 |
| 2022-06-30 | 2.41 |
| 2022-03-31 | 2.05 |
| 2021-12-31 | 2.31 |
| 2021-09-30 | 2.40 |
| 2021-06-30 | 2.07 |
| 2021-03-31 | 4.72 |
| 2020-12-31 | 3.70 |
| 2020-09-30 | 12.13 |
| 2020-06-30 | 7.23 |
| 2020-03-31 | 14.54 |
| 2019-12-31 | 7.30 |
| 2019-09-30 | 7.11 |
| 2019-06-30 | 6.17 |
| 2019-03-31 | 6.37 |
| 2018-12-31 | 1.01 |
| 2018-09-30 | 0.40 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 0.27 |
