NextPlat (NXPL) Debt/Equity Ratio: History & Chart

NextPlat Corp(NXPL)

Software - Application · Hallandale Beach, FL

$9.18+0.18 (+2.00%)

Delayed quote: Oct 6, 2026, 12:04 PM EDT

About NextPlat Corp

NextPlat Corp, along with its subsidiaries, specializes in providing advanced mobile satellite services (MSS). These offerings encompass satellite-enabled voice and data communication, comprehensive personnel and asset tracking, machine-to-machine (M2M) solutions, and Internet of Things (IoT) connectivity, serving clients across the United States and internationally. Their product portfolio features satellite communication devices that empower users to make voice calls, exchange text messages and emails, and transmit GPS coordinates from virtually any location. Additionally, NextPlat offers GPS-enabled emergency locator distress beacons, facilitating vital communication between individuals and search and rescue organizations during emergencies, while pinpointing precise locational information. Another innovative product is SolarTrack, a solar-powered IoT tracking device designed for monitoring mobile or remote outdoor assets. The company also provides GTCTrack, a subscription-based mapping and tracking portal that allows managers to efficiently monitor, command, and control their assets in near real-time. NextPlat's solutions cater to a diverse clientele, including businesses, governmental bodies, military organizations, humanitarian groups, and individual users. Distribution channels include direct sales to end-users, established reseller networks, company-operated e-commerce websites offering a broad spectrum of MSS products, and various third-party e-commerce storefronts for portable satellite voice, data, and tracking solutions. Formerly known as Orbsat Corp, the company adopted its current name, NextPlat Corp, in January 2022. Its corporate headquarters are situated in Coconut Grove, Florida.

Hallandale Beach, FL

126 employees

www.nextplat.com

Technology / Software - Application

Sector: Technology
Industry: Software - Application
CEO: David Phipps

View full financials

NXPL Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

0.10

DEBT TO EQUITY RATIO AVG TTM

0.09

DEBT TO EQUITY RATIO AVG 3Y

0.09

DEBT TO EQUITY RATIO AVG 5Y

0.07

DEBT TO EQUITY RATIO AVG 10Y

0.05

DEBT TO EQUITY RATIO AVG 15Y

0.03

DEBT TO EQUITY RATIO AVG 20Y

0.02

CURRENT VS TTM AVG

+7.58%

CURRENT VS 3Y AVG

+7.27%

CURRENT VS 5Y AVG

+43.96%

CURRENT VS 10Y AVG

+84.20%

CURRENT VS 15Y AVG

+235.28%

CURRENT VS 20Y AVG

+381.38%

SECTOR MEDIAN · TECHNOLOGY

0.18

median of 518 covered companies

CURRENT VS SECTOR MEDIAN

-46.43%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
NextPlat Corp (NXPL)	$24.86M	0.10	0.09	0.09	0.07
DarkHorse Technologies Inc. (DRK)vs ›	$24.98M	N/A	N/A	N/A	N/A
Orion Digital Corp. (ORIO)vs ›	$24.65M	1.24	1.11	0.99	3.58
Key Tronic Corporation (KTCC)vs ›	$24.11M	1.83	1.42	1.25	1.15
Research Frontiers Incorporated (REFR)vs ›	$25.11M	0.97	0.88	0.48	0.38
Aware, Inc. (AWRE)vs ›	$23.38M	0.18	0.15	0.13	0.09
Future FinTech Group Inc. (FTFT)vs ›	$26.45M	0.07	0.05	0.06	0.07
Franklin Wireless Corp. (FKWL)vs ›	$26.63M	0.04	0.04	0.03	0.03
MindForge Inc (MF)vs ›	$22.40M	0.00	0.04	0.05	0.14
Beamr Imaging Ltd. (BMR)vs ›	$22.36M	0.00	0.01	0.02	0.41

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

NextPlat Corp (NXPL)

$24.86M

0.10

0.09

0.07

DarkHorse Technologies Inc. (DRK)vs ›

$24.98M

N/A

Orion Digital Corp. (ORIO)vs ›

$24.65M

1.24

1.11

0.99

3.58

Key Tronic Corporation (KTCC)vs ›

$24.11M

1.83

1.42

1.25

1.15

Research Frontiers Incorporated (REFR)vs ›

$25.11M

0.97

0.88

0.48

0.38

Aware, Inc. (AWRE)vs ›

$23.38M

0.18

0.15

0.13

0.09

Future FinTech Group Inc. (FTFT)vs ›

$26.45M

0.07

0.05

0.06

0.07

Franklin Wireless Corp. (FKWL)vs ›

$26.63M

0.04

0.03

MindForge Inc (MF)vs ›

$22.40M

0.00

0.04

0.05

0.14

Beamr Imaging Ltd. (BMR)vs ›

$22.36M

0.00

0.01

0.02

0.41

Debt to Equity Ratio FAQ

What is the debt to equity ratio for NextPlat Corp (NXPL)?

The debt to equity ratio for NXPL stock is 0.10.

Is NextPlat Corp's debt to equity ratio high or low?

The debt to equity ratio of 0.10 is 44% above its 5-year average of 0.07, near the high end of its 5-year range (0.01–0.11).

What is the TTM average debt to equity ratio for NextPlat Corp (NXPL)?

The TTM average debt to equity ratio for NXPL stock is 0.09.

What is the 3Y average debt to equity ratio for NextPlat Corp (NXPL)?

The 3Y average debt to equity ratio for NXPL stock is 0.09.

What is the 5Y average debt to equity ratio for NextPlat Corp (NXPL)?

The 5Y average debt to equity ratio for NXPL stock is 0.07.

What is the 10Y average debt to equity ratio for NextPlat Corp (NXPL)?

The 10Y average debt to equity ratio for NXPL stock is 0.05.

What is the 15Y average debt to equity ratio for NextPlat Corp (NXPL)?

The 15Y average debt to equity ratio for NXPL stock is 0.03.

What is the 20Y average debt to equity ratio for NextPlat Corp (NXPL)?

The 20Y average debt to equity ratio for NXPL stock is 0.02.

DATE	DEBT TO EQUITY RATIO
2026-06-30	0.10
2026-03-31	0.11
2025-12-31	0.09
2025-09-30	0.08
2025-06-30	0.08
2025-03-31	0.08
2024-12-31	0.08
2024-09-30	0.11
2024-06-30	0.09
2024-03-31	0.09
2023-12-31	0.09
2023-09-30	0.08
2023-06-30	0.03
2023-03-31	0.04
2022-12-31	0.04
2022-09-30	0.06
2022-06-30	0.05
2022-03-31	0.01
2021-12-31	0.02
2021-09-30	0.02
2021-06-30	0.04
2021-03-31	1.27
2020-12-31	1.32
2020-09-30	0.68
2020-06-30	0.88
2020-03-31	1.24
2019-12-31	0.62
2019-09-30	0.30
2019-06-30	0.12
2019-03-31	0.02
2018-12-31	0.03
2018-09-30	0.01
2018-06-30	0.00
2018-03-31	0.01
2017-12-31	0.00
2017-09-30	0.03
2017-06-30	0.02
2017-03-31	0.01
2016-12-31	0.03
2016-09-30	0.06
2016-06-30	0.03
2016-03-31	0.02
2015-12-31	0.00
2015-09-30	0.05
2015-06-30	0.05
2015-03-31	0.05
2014-12-31	0.03
2014-09-30	-0.09
2014-05-17	-0.01
2013-12-31	0.00
2013-09-30	-0.11
2013-06-30	-0.11
2013-03-31	-0.13
2012-12-31	-0.12
2012-09-30	-0.11
2012-06-30	-0.11
2012-03-31	-0.14
2011-12-31	-0.23
2011-09-30	-0.05
2011-05-16	-0.03
2010-12-31	-0.04
2010-09-30	-0.08
2010-06-30	-0.15
2010-03-31	-0.04
2009-12-31	-0.03
2009-09-30	0.00
2009-06-30	0.00
2009-03-31	0.00
2008-12-31	0.00
2008-09-30	0.01
2008-06-30	0.12
2008-03-31	-0.76
2007-12-31	0.41
2007-09-30	0.00
2007-06-30	0.00
2007-03-31	0.00
2006-12-31	0.00
2006-09-30	0.02
2006-06-30	0.00
2006-03-31	0.35
2005-12-31	0.84
2005-09-30	0.76
2005-06-30	-0.42
2005-03-03	0.00
2004-12-31	0.00
2004-09-30	0.00
2004-06-30	0.00
2004-03-31	0.00
2003-12-31	0.00
2003-09-30	0.00
2003-06-30	0.00
2003-03-31	0.00

DATE

DEBT TO EQUITY RATIO

2026-06-30

0.10

2026-03-31

0.11

2025-12-31

0.09

2025-09-30

0.08

2025-06-30

0.08

2025-03-31

0.08

2024-12-31

0.08

2024-09-30

0.11

2024-06-30

0.09

2024-03-31

0.09

2023-12-31

0.09

2023-09-30

0.08

2023-06-30

0.03

2023-03-31

0.04

2022-12-31

0.04

2022-09-30

0.06

2022-06-30

0.05

2022-03-31

0.01

2021-12-31

0.02

2021-09-30

0.02

2021-06-30

0.04

2021-03-31

1.27

2020-12-31

1.32

2020-09-30

0.68

2020-06-30

0.88

2020-03-31

1.24

2019-12-31

0.62

2019-09-30

0.30

2019-06-30

0.12

2019-03-31

0.02

2018-12-31

0.03

2018-09-30

0.01

2018-06-30

0.00

2018-03-31

0.01

2017-12-31

0.00

2017-09-30

0.03

2017-06-30

0.02

2017-03-31

0.01

2016-12-31

0.03

2016-09-30

0.06

2016-06-30

0.03

2016-03-31

0.02

2015-12-31

0.00

2015-09-30

0.05

2015-06-30

0.05

2015-03-31

0.05

2014-12-31

0.03

2014-09-30

-0.09

2014-05-17

-0.01

2013-12-31

0.00

2013-09-30

-0.11

2013-06-30

-0.11

2013-03-31

-0.13

2012-12-31

-0.12

2012-09-30

-0.11

2012-06-30

-0.11

2012-03-31

-0.14

2011-12-31

-0.23

2011-09-30

-0.05

2011-05-16

-0.03

2010-12-31

-0.04

2010-09-30

-0.08

2010-06-30

-0.15

2010-03-31

-0.04

2009-12-31

-0.03

2009-09-30

0.00

2009-06-30

0.00

2009-03-31

0.00

2008-12-31

0.00

2008-09-30

0.01

2008-06-30

0.12

2008-03-31

-0.76

2007-12-31

0.41

2007-09-30

0.00

2007-06-30

0.00

2007-03-31

0.00

2006-12-31

0.00

2006-09-30

0.02

2006-06-30

0.00

2006-03-31

0.35

2005-12-31

0.84

2005-09-30

0.76

2005-06-30

-0.42

2005-03-03

0.00

2004-12-31

0.00

2004-09-30

0.00

2004-06-30

0.00

2004-03-31

0.00

2003-12-31

0.00

2003-09-30

0.00

2003-06-30

0.00

2003-03-31

0.00

Debt to Equity Ratio: 0.10

NXPL Debt to Equity Ratio

NXPL Average Debt to Equity Ratio Chart

NXPL Current vs Average Debt to Equity Ratio Chart

NXPL Debt to Equity Ratio Metrics

NXPL Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

NXPL Debt to Equity Ratio History

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