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 35.56 is 3027% above its 5-year average of 1.14, near the high end of its 5-year range (-67.46–36.99).
As of the fiscal period ended Tuesday, June 30, 2026. 1339.34% above its 12-month average of 2.47.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 35.56.
DEBT TO EQUITY RATIO
35.56
DEBT TO EQUITY RATIO AVG TTM
2.47
DEBT TO EQUITY RATIO AVG 3Y
1.50
DEBT TO EQUITY RATIO AVG 5Y
1.14
DEBT TO EQUITY RATIO AVG 10Y
0.39
DEBT TO EQUITY RATIO AVG 15Y
0.21
DEBT TO EQUITY RATIO AVG 20Y
0.10
CURRENT VS TTM AVG
+1339.34%
CURRENT VS 3Y AVG
+2272.39%
CURRENT VS 5Y AVG
+3027.29%
CURRENT VS 10Y AVG
+8992.88%
CURRENT VS 15Y AVG
+16500.51%
CURRENT VS 20Y AVG
+35150.07%
SECTOR MEDIAN · FINANCIAL SERVICES
0.65
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+5370.04%
vs the sector median at left
Market Cap
$7.73B
Debt to Equity Ratio
0.11
TTM Avg
0.11
3Y Avg
0.17
5Y Avg
0.14
Market Cap
$6.40B
Debt to Equity Ratio
0.52
TTM Avg
0.52
3Y Avg
0.60
5Y Avg
0.67
Market Cap
$9.94B
Debt to Equity Ratio
0.77
TTM Avg
0.76
3Y Avg
1.08
5Y Avg
1.03
Market Cap
$10.43B
Debt to Equity Ratio
0.03
TTM Avg
0.00
3Y Avg
0.02
5Y Avg
0.04
Market Cap
$5.76B
Debt to Equity Ratio
0.14
TTM Avg
0.15
3Y Avg
0.11
5Y Avg
0.10
Market Cap
$5.12B
Debt to Equity Ratio
0.80
TTM Avg
0.79
3Y Avg
0.81
5Y Avg
0.84
Market Cap
$4.98B
Debt to Equity Ratio
0.34
TTM Avg
0.24
3Y Avg
0.23
5Y Avg
0.28
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| TeraWulf Inc. (WULF) | $8.10B | 35.56 | 2.47 | 1.50 | 1.14 |
| Kinsale Capital Group, Inc. (KNSL)vs › | $7.73B | 0.11 | 0.11 | 0.17 | 0.14 |
| PIMCO Dynamic Income Fund (PDI)vs › | $6.40B | 0.52 | 0.52 | 0.60 | 0.67 |
| FactSet Research Systems Inc. (FDS)vs › | $9.94B | 0.77 | 0.76 | 1.08 | 1.03 |
| Erie Indemnity Company (ERIE)vs › | $10.43B | 0.03 | 0.00 | 0.02 | 0.04 |
| MarketAxess Holdings Inc. (MKTX)vs › | $5.76B | 0.14 | 0.15 | 0.11 | 0.10 |
| RLI Corp. (RLI)vs › | $5.22B | 0.17 | 0.07 | 0.15 | 0.15 |
| Main Street Capital Corporation (MAIN)vs › | $5.12B | 0.80 | 0.79 | 0.81 | 0.84 |
| Axos Financial, Inc. (AX)vs › | $4.98B | 0.34 | 0.24 | 0.23 | 0.28 |
| Hut 8 Corp. (HUT)vs › | $11.54B | 5.32 | 0.32 | 0.28 | 0.22 |
Debt/Equity
35.56
Current Ratio
0.75
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 | 35.56 |
| 2026-03-31 | -67.46 |
| 2025-12-31 | 36.99 |
| 2025-09-30 | 4.39 |
| 2025-06-30 | 2.87 |
| 2025-03-31 | 2.89 |
| 2024-12-31 | 2.01 |
| 2024-09-30 | 0.00 |
| 2024-06-30 | 0.19 |
| 2024-03-31 | 0.37 |
| 2023-12-31 | 0.56 |
| 2023-09-30 | 0.82 |
| 2023-06-30 | 0.89 |
| 2023-03-31 | 0.78 |
| 2022-12-31 | 1.10 |
| 2022-09-30 | 1.06 |
| 2022-06-30 | 0.88 |
| 2022-03-31 | 0.84 |
| 2021-12-31 | 0.78 |
| 2021-09-30 | 0.00 |
| 2021-06-30 | 0.05 |
| 2021-03-31 | 0.23 |
| 2020-12-31 | 0.23 |
| 2020-09-30 | 0.38 |
| 2020-06-30 | 0.37 |
| 2020-03-31 | 0.24 |
| 2019-12-31 | 0.23 |
| 2019-09-30 | 0.23 |
| 2019-06-30 | 0.23 |
| 2019-03-31 | 0.23 |
| 2018-12-31 | 0.23 |
| 2018-09-30 | 0.23 |
| 2018-06-30 | 0.23 |
| 2018-03-31 | 0.24 |
| 2017-12-31 | 0.24 |
| 2017-09-30 | 0.25 |
| 2017-06-30 | 0.24 |
| 2017-03-31 | 0.24 |
| 2016-12-31 | 0.24 |
| 2016-09-30 | 0.24 |
| 2016-06-30 | 0.24 |
| 2016-03-31 | 0.00 |
| 2015-12-31 | 0.00 |
| 2015-09-30 | 0.00 |
| 2015-06-30 | 0.00 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 0.00 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |
| 2013-12-31 | 0.00 |
| 2013-09-30 | 0.00 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 0.00 |
| 2012-09-30 | 0.00 |
| 2012-06-30 | 0.00 |
| 2012-03-31 | 0.00 |
| 2011-12-31 | 0.00 |
| 2011-09-30 | 0.00 |
| 2011-06-30 | 0.00 |
| 2011-03-31 | 0.00 |
| 2010-12-31 | 0.00 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 0.00 |
| 2010-03-31 | 0.00 |
| 2009-12-31 | 0.00 |
| 2009-09-30 | 0.00 |
| 2009-06-30 | 0.00 |
| 2009-03-31 | 0.00 |
| 2008-12-31 | 0.00 |
| 2008-09-30 | 0.00 |
| 2008-06-30 | 0.00 |
| 2008-03-31 | 0.00 |
| 2007-09-30 | 0.00 |
| 2007-06-30 | 0.00 |
| 2005-03-31 | 0.00 |
| 2001-06-30 | 0.00 |
| 2001-03-31 | 0.00 |
| 2000-12-31 | 0.00 |
| 2000-09-30 | 0.00 |
| 2000-06-30 | 0.00 |
| 2000-03-31 | 0.00 |
| 1999-09-30 | 0.00 |