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 0.00 is 96% above its 3-year average of -0.08, near the high end of its 3-year range (-0.92–0.00).
As of the fiscal period ended Tuesday, June 30, 2026. 98.20% above its 12-month average of -0.18.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.00.
DEBT TO EQUITY RATIO
0.00
DEBT TO EQUITY RATIO AVG TTM
-0.18
DEBT TO EQUITY RATIO AVG 3Y
-0.08
DEBT TO EQUITY RATIO AVG 5Y
N/A
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
+98.20%
CURRENT VS 3Y AVG
+96.03%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · UTILITIES
1.62
median of 62 covered companies
CURRENT VS SECTOR MEDIAN
-100.21%
vs the sector median at left
Terra Innovatum Global N.V. Ordinary shares
Market Cap
$410.80M
Debt to Equity Ratio
0.00
TTM Avg
-0.18
3Y Avg
-0.08
5Y Avg
N/A
Market Cap
$357.22M
Debt to Equity Ratio
0.00
TTM Avg
0.01
3Y Avg
0.02
5Y Avg
0.10
Market Cap
$348.08M
Debt to Equity Ratio
0.72
TTM Avg
0.74
3Y Avg
0.83
5Y Avg
0.89
Market Cap
$334.95M
Debt to Equity Ratio
0.01
TTM Avg
0.01
3Y Avg
0.01
5Y Avg
0.01
Market Cap
$490.41M
Debt to Equity Ratio
0.01
TTM Avg
0.01
3Y Avg
0.02
5Y Avg
0.01
Market Cap
$261.94M
Debt to Equity Ratio
0.09
TTM Avg
0.05
3Y Avg
0.05
5Y Avg
0.03
Market Cap
$233.85M
Debt to Equity Ratio
1.60
TTM Avg
2.11
3Y Avg
2.24
5Y Avg
2.72
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Terra Innovatum Global N.V. Ordinary shares (NKLR) | $410.80M | 0.00 | -0.18 | -0.08 | N/A |
| Digi Power X Inc. (DGXX)vs › | $357.22M | 0.00 | 0.01 | 0.02 | 0.10 |
| Artesian Resources Corporation (ARTNA)vs › | $348.08M | 0.72 | 0.74 | 0.83 | 0.89 |
| Terrestrial Energy Inc. (IMSR)vs › | $334.95M | 0.01 | 0.01 | 0.01 | 0.01 |
| Consolidated Water Co. Ltd. (CWCO)vs › | $490.41M | 0.01 | 0.01 | 0.02 | 0.01 |
| Cadiz Inc. (CDZI)vs › | $291.36M | 25.72 | 3.50 | 2.65 | 2.46 |
| Pure Cycle Corporation (PCYO)vs › | $261.94M | 0.09 | 0.05 | 0.05 | 0.03 |
| Cadiz Inc. (CDZIP)vs › | $249.34M | 25.72 | 3.50 | 2.65 | 2.46 |
| Global Water Resources, Inc. (GWRS)vs › | $233.85M | 1.60 | 2.11 | 2.24 | 2.72 |
| RGC Resources, Inc. (RGCO)vs › | $225.52M | 1.21 | 1.34 | 1.39 | 1.39 |
Debt/Equity
-0.00
Current Ratio
14.85
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 | 0.00 |
| 2026-03-31 | 0.00 |
| 2025-12-31 | 0.00 |
| 2025-09-30 | -0.92 |
| 2025-06-30 | 0.00 |
| 2025-03-31 | 0.00 |
| 2024-12-31 | 0.00 |
| 2024-09-30 | 0.00 |
| 2024-06-30 | 0.00 |
| 2024-03-31 | 0.00 |
| 2023-06-30 | 0.00 |