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 0.47 is in line with its 5-year average of 0.43, around the middle of its 5-year range (0.19–0.64).
As of the fiscal period ended Tuesday, March 31, 2026. 28.89% above its 12-month average of 0.37.
Reported quarterly debt to equity ratio; no daily interpolation. Q4 FY2026 (2026-03-31): 0.47.
DEBT TO EQUITY RATIO
0.47
DEBT TO EQUITY RATIO AVG TTM
0.37
DEBT TO EQUITY RATIO AVG 3Y
0.37
DEBT TO EQUITY RATIO AVG 5Y
0.43
DEBT TO EQUITY RATIO AVG 10Y
0.56
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+28.89%
CURRENT VS 3Y AVG
+27.56%
CURRENT VS 5Y AVG
+9.36%
CURRENT VS 10Y AVG
-15.16%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
0.28
median of 696 covered companies
CURRENT VS SECTOR MEDIAN
+69.51%
vs the sector median at left
Oxford Lane Capital Corp.
Market Cap
$817.02M
Debt to Equity Ratio
0.47
TTM Avg
0.37
3Y Avg
0.37
5Y Avg
0.43
Market Cap
$815.93M
Debt to Equity Ratio
0.77
TTM Avg
0.71
3Y Avg
0.92
5Y Avg
0.68
Market Cap
$819.85M
Debt to Equity Ratio
0.10
TTM Avg
0.18
3Y Avg
0.25
5Y Avg
0.31
Market Cap
$820.55M
Debt to Equity Ratio
1.79
TTM Avg
1.54
3Y Avg
1.55
5Y Avg
1.59
Market Cap
$812.24M
Debt to Equity Ratio
0.45
TTM Avg
0.49
3Y Avg
0.58
5Y Avg
0.50
Market Cap
$806.26M
Debt to Equity Ratio
16.30
TTM Avg
17.79
3Y Avg
17.79
5Y Avg
17.79
Market Cap
$838.86M
Debt to Equity Ratio
18.49
TTM Avg
18.74
3Y Avg
20.28
5Y Avg
24.15
Market Cap
$791.62M
Debt to Equity Ratio
0.25
TTM Avg
0.27
3Y Avg
0.29
5Y Avg
0.27
Market Cap
$788.67M
Debt to Equity Ratio
0.00
TTM Avg
0.08
3Y Avg
0.14
5Y Avg
0.11
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Oxford Lane Capital Corp. (OXLCO) | $817.02M | 0.47 | 0.37 | 0.37 | 0.43 |
| Alerus Financial Corporation (ALRS)vs › | $815.93M | 0.77 | 0.71 | 0.92 | 0.68 |
| South Plains Financial, Inc. (SPFI)vs › | $819.85M | 0.10 | 0.18 | 0.25 | 0.31 |
| World Acceptance Corporation (WRLD)vs › | $820.55M | 1.79 | 1.54 | 1.55 | 1.59 |
| Orrstown Financial Services, Inc. (ORRF)vs › | $812.24M | 0.45 | 0.49 | 0.58 | 0.50 |
| GCM Grosvenor Inc. (GCMG)vs › | $806.26M | 16.30 | 17.79 | 17.79 | 17.79 |
| Navient Corporation (NAVI)vs › | $838.86M | 18.49 | 18.74 | 20.28 | 24.15 |
| Southern Missouri Bancorp, Inc. (SMBC)vs › | $791.62M | 0.25 | 0.27 | 0.29 | 0.27 |
| River City Bank (RCBC)vs › | $788.67M | 0.00 | 0.08 | 0.14 | 0.11 |
| Capital City Bank Group, Inc. (CCBG)vs › | $847.35M | 0.14 | 0.17 | 0.21 | 0.24 |
Debt/Equity
0.47
Current ratio is unavailable for Oxford Lane Capital Corp.: applicability has not been verified for this financial-services business. The current sector-based policy withholds this model until its treatment of debt, cash and cash flows is confirmed for the company.
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 |
|---|---|
| 2026-03-31 | 0.47 |
| 2025-09-30 | 0.38 |
| 2025-03-31 | 0.25 |
| 2024-09-30 | 0.19 |
| 2024-03-31 | 0.23 |
| 2023-09-30 | 0.48 |
| 2023-03-31 | 0.60 |
| 2022-09-30 | 0.64 |
| 2022-03-31 | 0.47 |
| 2021-09-30 | 0.51 |
| 2021-03-31 | 0.55 |
| 2020-09-30 | 0.65 |
| 2020-03-31 | 0.95 |
| 2019-09-30 | 0.48 |
| 2019-03-31 | 0.60 |
| 2018-09-30 | 0.54 |
| 2018-03-31 | 0.75 |
| 2017-09-30 | 0.65 |
| 2017-03-31 | 0.57 |
| 2016-09-30 | 0.60 |
