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 -0.59 is 154% below its 5-year average of -0.23, around the middle of its 5-year range (-1.01–0.09).
As of the fiscal period ended Tuesday, June 30, 2026. 281.95% below its 12-month average of -0.15.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): -0.59.
DEBT TO EQUITY RATIO
-0.59
DEBT TO EQUITY RATIO AVG TTM
-0.15
DEBT TO EQUITY RATIO AVG 3Y
0.01
DEBT TO EQUITY RATIO AVG 5Y
-0.23
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
-281.95%
CURRENT VS 3Y AVG
-4758.07%
CURRENT VS 5Y AVG
-154.36%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
0.74
median of 275 covered companies
CURRENT VS SECTOR MEDIAN
-179.87%
vs the sector median at left
Newton Golf Company
Market Cap
$5.56M
Debt to Equity Ratio
-0.59
TTM Avg
-0.15
3Y Avg
0.01
5Y Avg
-0.23
Market Cap
$5.41M
Debt to Equity Ratio
0.28
TTM Avg
0.17
3Y Avg
0.40
5Y Avg
0.40
Market Cap
$5.73M
Debt to Equity Ratio
3.99
TTM Avg
3.15
3Y Avg
6.66
5Y Avg
6.71
Market Cap
$5.21M
Debt to Equity Ratio
0.13
TTM Avg
0.13
3Y Avg
0.13
5Y Avg
0.15
Market Cap
$5.03M
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$6.12M
Debt to Equity Ratio
0.21
TTM Avg
0.12
3Y Avg
0.12
5Y Avg
0.30
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Newton Golf Company (NWTG) | $5.56M | -0.59 | -0.15 | 0.01 | -0.23 |
| Springview Holdings Ltd Class A Ordinary Shares (SPHL)vs › | $5.41M | 0.28 | 0.17 | 0.40 | 0.40 |
| INNEOVA Holdings Ltd (INEO)vs › | $5.73M | 3.99 | 3.15 | 6.66 | 6.71 |
| MKDWELL Tech Inc. (MKDW)vs › | $5.24M | N/A | 1.27 | 6.02 | 6.02 |
| Worksport Ltd. (WKSP)vs › | $5.89M | 0.29 | 0.23 | 0.27 | 0.88 |
| Jowell Global Ltd. (JWEL)vs › | $5.21M | 0.13 | 0.13 | 0.13 | 0.15 |
| Autozi Internet Technology (Global) Ltd. (AZI)vs › | $5.03M | N/A | N/A | N/A | N/A |
| Twin Vee Powercats Co. (VEEE)vs › | $6.12M | 0.21 | 0.12 | 0.12 | 0.30 |
| XWELL, Inc. (XWEL)vs › | $6.35M | N/A | 0.60 | 0.39 | 0.50 |
| Lobo Technologies Ltd. (LOBO)vs › | $6.62M | 0.78 | 0.47 | 0.44 | 0.38 |
Debt/Equity
-0.59
Current Ratio
0.35
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 | -0.59 |
| 2026-03-31 | -0.33 |
| 2025-12-31 | 0.09 |
| 2025-09-30 | 0.03 |
| 2025-06-30 | 0.02 |
| 2025-03-31 | 0.00 |
| 2024-12-31 | -0.01 |
| 2024-09-30 | 0.02 |
| 2024-06-30 | 0.01 |
| 2024-03-31 | 0.01 |
| 2023-12-31 | 0.01 |
| 2023-09-30 | 0.01 |
| 2023-06-30 | -0.34 |
| 2023-03-31 | -0.40 |
| 2022-12-31 | -0.50 |
| 2022-09-30 | -0.47 |
| 2022-06-30 | -0.61 |
| 2022-03-31 | -1.01 |
| 2021-12-31 | -0.84 |
| 2021-09-30 | 0.00 |
| 2021-06-30 | 0.00 |
| 2021-03-31 | 0.00 |
