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 0.25 is 11% above its 2-year average of 0.23, around the middle of its 2-year range (0.16–0.29).
As of the fiscal period ended Tuesday, March 31, 2026. 4.10% above its 12-month average of 0.24.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-03-31): 0.25.
DEBT TO EQUITY RATIO
0.25
DEBT TO EQUITY RATIO AVG TTM
0.24
DEBT TO EQUITY RATIO AVG 3Y
N/A
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
+4.10%
CURRENT VS 3Y AVG
N/A
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 · ENERGY
0.49
median of 105 covered companies
CURRENT VS SECTOR MEDIAN
-48.39%
vs the sector median at left
PN Smart Energy Limited
Market Cap
$3.19M
Debt to Equity Ratio
0.25
TTM Avg
0.24
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$427296.00
Debt to Equity Ratio
0.07
TTM Avg
0.07
3Y Avg
0.08
5Y Avg
0.09
Market Cap
$387507.00
Debt to Equity Ratio
0.00
TTM Avg
0.00
3Y Avg
0.00
5Y Avg
0.00
Market Cap
$7.85M
Debt to Equity Ratio
38.25
TTM Avg
21.00
3Y Avg
10.51
5Y Avg
10.51
Market Cap
$8.50M
Debt to Equity Ratio
N/A
TTM Avg
0.00
3Y Avg
0.00
5Y Avg
0.00
Market Cap
$9.50M
Debt to Equity Ratio
0.01
TTM Avg
0.09
3Y Avg
0.06
5Y Avg
0.05
Market Cap
$11.31M
Debt to Equity Ratio
0.53
TTM Avg
0.45
3Y Avg
0.33
5Y Avg
0.33
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PN Smart Energy Limited (PN) | $3.19M | 0.25 | 0.24 | N/A | N/A |
| Vivakor, Inc. (VIVK)vs › | $2.87M | 0.96 | 0.76 | 1.40 | 1.09 |
| Recon Technology, Ltd. (RCON)vs › | $427296.00 | 0.07 | 0.07 | 0.08 | 0.09 |
| Robin Energy Ltd. (RBNE)vs › | $387507.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Delixy Holdings Limited Ordinary Shares (DLXY)vs › | $7.85M | 38.25 | 21.00 | 10.51 | 10.51 |
| Marine Petroleum Trust (MARPS)vs › | $8.50M | N/A | 0.00 | 0.00 | 0.00 |
| CBL International Limited (BANL)vs › | $9.50M | 0.01 | 0.09 | 0.06 | 0.05 |
| Zeo Energy Corp. (ZEO)vs › | $10.21M | 0.17 | 0.27 | 0.15 | 0.12 |
| STAK Inc. Ordinary Shares (STAK)vs › | $11.31M | 0.53 | 0.45 | 0.33 | 0.33 |
| Sky Quarry Inc. (SKYQ)vs › | $12.23M | 0.89 | 2.04 | 1.26 | 1.26 |
Debt/Equity
0.25
Current Ratio
1.50
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 | 0.25 |
| 2025-12-31 | 0.16 |
| 2025-09-30 | 0.29 |
| 2025-03-31 | 0.26 |
| 2024-09-30 | 0.18 |
| 2024-03-31 | 0.22 |
| 2023-09-30 | 0.24 |