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 2.38 is 264% above its 5-year average of -1.45, near the high end of its 5-year range (-10.11–2.38).
As of the fiscal period ended Tuesday, June 30, 2026. 220.85% above its 12-month average of -1.97.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 2.38.
DEBT TO EQUITY RATIO
2.38
DEBT TO EQUITY RATIO AVG TTM
-1.97
DEBT TO EQUITY RATIO AVG 3Y
-2.23
DEBT TO EQUITY RATIO AVG 5Y
-1.45
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
+220.85%
CURRENT VS 3Y AVG
+206.67%
CURRENT VS 5Y AVG
+263.93%
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 360 covered companies
CURRENT VS SECTOR MEDIAN
+406.78%
vs the sector median at left
ADS-TEC Energy PLC
Market Cap
$734.77M
Debt to Equity Ratio
2.38
TTM Avg
-1.97
3Y Avg
-2.23
5Y Avg
-1.45
Market Cap
$699.30M
Debt to Equity Ratio
0.33
TTM Avg
0.02
3Y Avg
0.02
5Y Avg
0.01
Market Cap
$748.54M
Debt to Equity Ratio
1.11
TTM Avg
0.58
3Y Avg
0.67
5Y Avg
0.69
Market Cap
$686.00M
Debt to Equity Ratio
0.23
TTM Avg
0.23
3Y Avg
0.39
5Y Avg
0.35
Market Cap
$769.19M
Debt to Equity Ratio
0.12
TTM Avg
0.10
3Y Avg
0.11
5Y Avg
0.11
Market Cap
$771.33M
Debt to Equity Ratio
0.85
TTM Avg
0.57
3Y Avg
0.44
5Y Avg
0.50
Market Cap
$623.99M
Debt to Equity Ratio
0.04
TTM Avg
0.04
3Y Avg
0.03
5Y Avg
0.02
Market Cap
$829.21M
Debt to Equity Ratio
0.35
TTM Avg
0.28
3Y Avg
0.18
5Y Avg
0.15
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ADS-TEC Energy PLC (ADSE) | $734.77M | 2.38 | -1.97 | -2.23 | -1.45 |
| Elmet Group Co. (ELMT)vs › | $704.53M | 0.12 | 0.71 | 0.71 | 0.71 |
| Cass Information Systems, Inc. (CASS)vs › | $699.30M | 0.33 | 0.02 | 0.02 | 0.01 |
| Bowman Consulting Group Ltd. (BWMN)vs › | $748.54M | 1.11 | 0.58 | 0.67 | 0.69 |
| Kimball Electronics, Inc. (KE)vs › | $686.00M | 0.23 | 0.23 | 0.39 | 0.35 |
| Barrett Business Services, Inc. (BBSI)vs › | $769.19M | 0.12 | 0.10 | 0.11 | 0.11 |
| LSI Industries Inc. (LYTS)vs › | $771.33M | 0.85 | 0.57 | 0.44 | 0.50 |
| Ballard Power Systems Inc. (BLDP)vs › | $623.99M | 0.04 | 0.04 | 0.03 | 0.02 |
| Evolv Technologies Holdings, Inc. (EVLV)vs › | $829.21M | 0.35 | 0.28 | 0.18 | 0.15 |
| Matthews International Corporation (MATW)vs › | $610.09M | 1.29 | 1.75 | 1.73 | 1.63 |
Debt/Equity
2.38
Current Ratio
0.94
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 |
|---|---|
| 2026-06-30 | 2.38 |
| 2025-12-31 | -5.82 |
| 2025-06-30 | -2.47 |
| 2024-12-31 | -0.39 |
| 2024-06-30 | -10.11 |
| 2023-12-31 | 0.51 |
| 2023-06-30 | 0.28 |
| 2022-12-31 | 0.04 |
| 2022-06-30 | 0.02 |
| 2021-12-31 | 0.10 |
| 2021-06-30 | -0.52 |
| 2020-12-31 | -0.34 |
| 2020-06-30 | -0.34 |
| 2019-12-31 | 0.97 |
| 2019-06-30 | 0.97 |
| 2018-12-31 | 0.10 |
| 2018-06-30 | 0.10 |
