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 -3.99 is 71% below its 5-year average of -2.33, around the middle of its 5-year range (-66.69–26.61).
As of the fiscal period ended Tuesday, June 30, 2026. 34.05% above its 12-month average of -6.05.
Reported quarterly debt to equity ratio; no daily interpolation. Q1 FY2027 (2026-06-30): -3.99.
DEBT TO EQUITY RATIO
-3.99
DEBT TO EQUITY RATIO AVG TTM
-6.05
DEBT TO EQUITY RATIO AVG 3Y
-3.69
DEBT TO EQUITY RATIO AVG 5Y
-2.33
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
+34.05%
CURRENT VS 3Y AVG
-8.13%
CURRENT VS 5Y AVG
-71.28%
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
-949.09%
vs the sector median at left
Aeries Technology, Inc
Market Cap
$41.50M
Debt to Equity Ratio
-3.99
TTM Avg
-6.05
3Y Avg
-3.69
5Y Avg
-2.33
Market Cap
$42.82M
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$44.22M
Debt to Equity Ratio
0.11
TTM Avg
0.14
3Y Avg
0.32
5Y Avg
0.22
Market Cap
$44.62M
Debt to Equity Ratio
10.24
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$38.19M
Debt to Equity Ratio
0.47
TTM Avg
0.22
3Y Avg
0.13
5Y Avg
0.21
Market Cap
$37.37M
Debt to Equity Ratio
0.33
TTM Avg
0.43
3Y Avg
0.35
5Y Avg
0.29
Market Cap
$36.40M
Debt to Equity Ratio
N/A
TTM Avg
0.27
3Y Avg
0.20
5Y Avg
0.17
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Aeries Technology, Inc (AERT) | $41.50M | -3.99 | -6.05 | -3.69 | -2.33 |
| Energys Group Limited (ENGS)vs › | $42.82M | N/A | N/A | N/A | N/A |
| First Breach Inc. (FBDT)vs › | $43.73M | N/A | N/A | N/A | N/A |
| Avax One Technology Ltd (AVX)vs › | $44.22M | 0.11 | 0.14 | 0.32 | 0.22 |
| Circle8 Group, Inc. (CIRC)vs › | $44.62M | 10.24 | N/A | N/A | N/A |
| Star Equity Holdings, Inc. (STRRP)vs › | $38.19M | 0.47 | 0.22 | 0.13 | 0.21 |
| Swvl Holdings Corp. (SWVL)vs › | $37.37M | 0.33 | 0.43 | 0.35 | 0.29 |
| Culp, Inc. (CULP)vs › | $46.22M | 0.28 | 0.42 | 0.26 | 0.19 |
| Laser Photonics Corporation (LASE)vs › | $36.40M | N/A | 0.27 | 0.20 | 0.17 |
| Euroholdings Ltd. (EHLD)vs › | $36.36M | 0.73 | 0.49 | 0.43 | 0.43 |
Debt/Equity
-3.99
Current Ratio
0.85
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 | -3.99 |
| 2026-03-31 | -4.76 |
| 2025-12-31 | -12.04 |
| 2025-09-30 | -5.75 |
| 2025-06-30 | -3.70 |
| 2025-03-31 | -3.08 |
| 2024-12-31 | 26.61 |
| 2024-09-30 | -6.42 |
| 2024-06-30 | -66.69 |
| 2024-03-31 | -1.34 |
| 2023-12-31 | -0.33 |
| 2023-09-30 | 0.01 |
| 2023-06-30 | 0.80 |
| 2023-03-31 | 0.72 |
| 2022-12-31 | 0.00 |
| 2022-09-30 | 0.00 |
| 2022-06-30 | 0.00 |
| 2022-03-31 | 0.26 |
| 2021-12-31 | 0.00 |
| 2021-09-30 | -26.96 |
| 2021-06-30 | -28.62 |
| 2021-02-28 | 0.00 |