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 0.05 is 173% above its 5-year average of -0.06, near the low end of its 5-year range (-0.74–86.98).
As of the fiscal period ended Tuesday, June 30, 2026. 130.51% above its 12-month average of -0.15.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.05.
DEBT TO EQUITY RATIO
0.05
DEBT TO EQUITY RATIO AVG TTM
-0.15
DEBT TO EQUITY RATIO AVG 3Y
-0.15
DEBT TO EQUITY RATIO AVG 5Y
-0.06
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
+130.51%
CURRENT VS 3Y AVG
+130.61%
CURRENT VS 5Y AVG
+172.80%
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
-90.26%
vs the sector median at left
VisionWave Holdings, Inc.
Market Cap
$152.23M
Debt to Equity Ratio
0.05
TTM Avg
-0.15
3Y Avg
-0.15
5Y Avg
-0.06
Market Cap
$151.97M
Debt to Equity Ratio
1.83
TTM Avg
47.55
3Y Avg
25.30
5Y Avg
25.30
Market Cap
$151.01M
Debt to Equity Ratio
0.47
TTM Avg
0.43
3Y Avg
0.47
5Y Avg
0.54
Market Cap
$150.70M
Debt to Equity Ratio
0.09
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$142.93M
Debt to Equity Ratio
0.05
TTM Avg
0.06
3Y Avg
0.05
5Y Avg
0.05
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| VisionWave Holdings, Inc. (VWAV) | $152.23M | 0.05 | -0.15 | -0.15 | -0.06 |
| SKYX Platforms Corp. (SKYX)vs › | $151.97M | 1.83 | 47.55 | 25.30 | 25.30 |
| The Eastern Company (EML)vs › | $151.01M | 0.47 | 0.43 | 0.47 | 0.54 |
| Factorial Energy Inc. (FAC)vs › | $150.70M | 0.09 | N/A | N/A | N/A |
| Merlin, Inc. (MRLN)vs › | $150.58M | 0.04 | 0.00 | 0.00 | 0.00 |
| NeoVolta Inc (NEOV)vs › | $156.48M | 0.23 | 0.65 | 0.33 | 0.29 |
| EuroDry Ltd. (EDRY)vs › | $159.01M | 0.97 | 1.10 | 0.97 | 0.98 |
| Hurco Companies, Inc. (HURC)vs › | $142.93M | 0.05 | 0.06 | 0.05 | 0.05 |
| Roze AI Inc. (RZAI)vs › | $163.63M | N/A | N/A | N/A | N/A |
| Mammoth Energy Services, Inc. (TUSK)vs › | $140.18M | 0.02 | 0.04 | 0.12 | 0.15 |
Debt/Equity
0.05
Current Ratio
0.16
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 | 0.05 |
| 2026-03-31 | 0.06 |
| 2025-09-30 | -0.41 |
| 2025-06-30 | -0.29 |
| 2025-03-31 | -0.20 |
| 2025-03-31 | -0.20 |
| 2024-12-31 | -0.53 |
| 2024-09-30 | -0.74 |
| 2024-06-30 | 0.14 |
| 2024-03-31 | 0.08 |
| 2023-12-31 | 0.03 |
| 2023-09-30 | 0.06 |
| 2023-06-30 | 0.02 |
| 2023-03-31 | 0.00 |
| 2022-12-31 | 0.01 |
| 2022-09-30 | 0.00 |
| 2022-06-30 | 0.00 |
| 2022-03-31 | 0.00 |
| 2021-12-31 | 0.00 |
| 2021-09-30 | 0.00 |
| 2021-06-30 | 86.98 |
| 2021-03-31 | 0.00 |
