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 0.16 is in line with its 4-year average of 0.16, around the middle of its 4-year range (0.00–0.25).
As of the fiscal period ended Wednesday, December 31, 2025. 0.64% above its 12-month average of 0.16.
Reported quarterly debt to equity ratio; no daily interpolation. Q4 FY2025 (2025-12-31): 0.16.
DEBT TO EQUITY RATIO
0.16
DEBT TO EQUITY RATIO AVG TTM
0.16
DEBT TO EQUITY RATIO AVG 3Y
0.18
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
+0.64%
CURRENT VS 3Y AVG
-13.48%
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 · INDUSTRIALS
0.47
median of 460 covered companies
CURRENT VS SECTOR MEDIAN
-66.20%
vs the sector median at left
Tungray Technologies Inc Class A Ordinary Shares
Market Cap
$18.65M
Debt to Equity Ratio
0.16
TTM Avg
0.16
3Y Avg
0.18
5Y Avg
N/A
Market Cap
$18.84M
Debt to Equity Ratio
0.28
TTM Avg
0.17
3Y Avg
0.20
5Y Avg
0.24
Market Cap
$18.39M
Debt to Equity Ratio
0.03
TTM Avg
1.14
3Y Avg
3.31
5Y Avg
12.67
Market Cap
$18.27M
Debt to Equity Ratio
0.33
TTM Avg
0.34
3Y Avg
0.61
5Y Avg
0.65
Market Cap
$17.48M
Debt to Equity Ratio
0.47
TTM Avg
0.44
3Y Avg
0.56
5Y Avg
0.57
Market Cap
$17.33M
Debt to Equity Ratio
0.22
TTM Avg
1.19
3Y Avg
0.89
5Y Avg
0.97
Market Cap
$16.91M
Debt to Equity Ratio
1.55
TTM Avg
3.96
3Y Avg
5.93
5Y Avg
5.24
Market Cap
$16.58M
Debt to Equity Ratio
0.08
TTM Avg
0.10
3Y Avg
0.05
5Y Avg
0.05
Market Cap
$21.13M
Debt to Equity Ratio
0.01
TTM Avg
0.01
3Y Avg
0.03
5Y Avg
0.04
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tungray Technologies Inc Class A Ordinary Shares (TRSG) | $18.65M | 0.16 | 0.16 | 0.18 | N/A |
| Castor Maritime Inc. (CTRM)vs › | $18.84M | 0.28 | 0.17 | 0.20 | 0.24 |
| Quanome Technologies, Inc. (QNME)vs › | $18.39M | 0.03 | 1.14 | 3.31 | 12.67 |
| Rectitude Holdings Ltd Ordinary Shares (RECT)vs › | $18.27M | 0.33 | 0.34 | 0.61 | 0.65 |
| Art's-Way Manufacturing Co., Inc. (ARTW)vs › | $17.48M | 0.47 | 0.44 | 0.56 | 0.57 |
| LiqTech International, Inc. (LIQT)vs › | $17.33M | 0.22 | 1.19 | 0.89 | 0.97 |
| Ten-League International Holdings Limited Ordinary Shares (TLIH)vs › | $16.91M | 1.55 | 3.96 | 5.93 | 5.24 |
| ParaZero Technologies Ltd. (PRZO)vs › | $16.58M | 0.08 | 0.10 | 0.05 | 0.05 |
| ClearSign Technologies Corporation (CLIR)vs › | $21.13M | 0.01 | 0.01 | 0.03 | 0.04 |
| Performance Shipping Inc. (PSHG)vs › | $21.26M | 0.90 | 0.43 | 0.48 | 0.51 |
Debt/Equity
0.16
Current Ratio
1.94
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 |
|---|---|
| 2025-12-31 | 0.16 |
| 2025-06-30 | 0.17 |
| 2024-12-31 | 0.15 |
| 2024-06-30 | 0.20 |
| 2023-12-31 | 0.16 |
| 2023-06-30 | 0.20 |
| 2022-12-31 | 0.25 |
| 2022-06-30 | 0.00 |