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 0.08 is 59% below its 4-year average of 0.19, near the low end of its 4-year range (0.00–3.09).
As of the fiscal period ended Tuesday, March 31, 2026. 65.77% below its 12-month average of 0.23.
Reported quarterly debt to equity ratio; no daily interpolation. Q3 FY2026 (2026-03-31): 0.08.
DEBT TO EQUITY RATIO
0.08
DEBT TO EQUITY RATIO AVG TTM
0.23
DEBT TO EQUITY RATIO AVG 3Y
0.31
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
-65.77%
CURRENT VS 3Y AVG
-74.89%
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 · HEALTHCARE
0.13
median of 576 covered companies
CURRENT VS SECTOR MEDIAN
-40.49%
vs the sector median at left
Advanced Biomed Inc. Common Stock
Market Cap
$9.08M
Debt to Equity Ratio
0.08
TTM Avg
0.23
3Y Avg
0.31
5Y Avg
N/A
Market Cap
$8.97M
Debt to Equity Ratio
0.00
TTM Avg
0.05
3Y Avg
0.05
5Y Avg
0.05
Market Cap
$9.35M
Debt to Equity Ratio
0.19
TTM Avg
0.16
3Y Avg
0.12
5Y Avg
0.10
Market Cap
$8.48M
Debt to Equity Ratio
0.26
TTM Avg
1.08
3Y Avg
0.76
5Y Avg
0.48
Market Cap
$8.31M
Debt to Equity Ratio
N/A
TTM Avg
16.01
3Y Avg
9.73
5Y Avg
9.73
Market Cap
$10.04M
Debt to Equity Ratio
N/A
TTM Avg
0.05
3Y Avg
0.05
5Y Avg
0.05
Market Cap
$8.12M
Debt to Equity Ratio
0.00
TTM Avg
0.00
3Y Avg
0.00
5Y Avg
0.00
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Advanced Biomed Inc. Common Stock (ADVB) | $9.08M | 0.08 | 0.23 | 0.31 | N/A |
| SeaStar Medical Holding Corporation (ICU)vs › | $8.97M | 0.00 | 0.05 | 0.05 | 0.05 |
| Jasper Therapeutics, Inc. (JSPR)vs › | $9.35M | 0.19 | 0.16 | 0.12 | 0.10 |
| Healthcare Triangle, Inc. (HCTI)vs › | $8.48M | 0.26 | 1.08 | 0.76 | 0.48 |
| Ainos, Inc. (AIMD)vs › | $9.72M | 4.21 | 1.11 | 0.63 | 0.57 |
| HeartSciences Inc. (HSCS)vs › | $8.31M | N/A | 16.01 | 9.73 | 9.73 |
| DataMEDS AI, Inc. (MEDS)vs › | $8.31M | N/A | 3.73 | 3.73 | 3.73 |
| Medicus Pharma Ltd. Common Stock (MDCX)vs › | $10.04M | N/A | 0.05 | 0.05 | 0.05 |
| Aprea Therapeutics, Inc. (APRE)vs › | $8.12M | 0.00 | 0.00 | 0.00 | 0.00 |
| MetaVia Inc. (MTVA)vs › | $10.08M | 0.03 | 0.03 | 0.02 | 0.01 |
Debt/Equity
0.08
Current Ratio
7.38
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 | 0.08 |
| 2025-12-31 | 0.08 |
| 2025-09-30 | 0.57 |
| 2025-06-30 | 0.36 |
| 2025-03-31 | 0.05 |
| 2024-12-31 | 3.09 |
| 2024-09-30 | 1.21 |
| 2024-06-30 | 0.08 |
| 2024-03-31 | 0.08 |
| 2023-12-31 | 0.66 |
| 2023-09-30 | 0.23 |
| 2023-06-30 | 0.19 |
| 2023-03-31 | 0.13 |
| 2022-12-31 | 0.00 |
| 2022-09-30 | 0.00 |
| 2022-06-30 | 0.13 |