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 0.12 is 81% below its 2-year average of 0.64, near the low end of its 2-year range (0.00–1.29).
As of the fiscal period ended Friday, July 3, 2026. 82.03% below its 12-month average of 0.68.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-07-03): 0.12.
DEBT TO EQUITY RATIO
0.12
DEBT TO EQUITY RATIO AVG TTM
0.68
DEBT TO EQUITY RATIO AVG 3Y
N/A
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
-82.03%
CURRENT VS 3Y AVG
N/A
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 · INDUSTRIALS
0.47
median of 460 covered companies
CURRENT VS SECTOR MEDIAN
-74.09%
vs the sector median at left
Market Cap
$693.75M
Debt to Equity Ratio
0.33
TTM Avg
0.02
3Y Avg
0.02
5Y Avg
0.01
Market Cap
$692.73M
Debt to Equity Ratio
0.23
TTM Avg
0.23
3Y Avg
0.39
5Y Avg
0.35
Market Cap
$700.90M
Debt to Equity Ratio
1.80
TTM Avg
1.89
3Y Avg
2.26
5Y Avg
2.14
Market Cap
$650.41M
Debt to Equity Ratio
N/A
TTM Avg
63.04
3Y Avg
33.38
5Y Avg
41.59
Market Cap
$649.44M
Debt to Equity Ratio
0.19
TTM Avg
0.23
3Y Avg
0.20
5Y Avg
0.18
Market Cap
$740.78M
Debt to Equity Ratio
2.38
TTM Avg
0.28
3Y Avg
0.22
5Y Avg
0.34
Market Cap
$749.15M
Debt to Equity Ratio
1.11
TTM Avg
0.58
3Y Avg
0.67
5Y Avg
0.69
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Elmet Group Co. (ELMT) | $694.33M | 0.12 | 0.68 | N/A | N/A |
| Cass Information Systems, Inc. (CASS)vs › | $693.75M | 0.33 | 0.02 | 0.02 | 0.01 |
| Kimball Electronics, Inc. (KE)vs › | $692.73M | 0.23 | 0.23 | 0.39 | 0.35 |
| Park-Ohio Holdings Corp. (PKOH)vs › | $700.90M | 1.80 | 1.89 | 2.26 | 2.14 |
| Hertz Global Holdings, Inc. (HTZ)vs › | $650.41M | N/A | 63.04 | 33.38 | 41.59 |
| Smith & Wesson Brands, Inc. (SWBI)vs › | $649.44M | 0.19 | 0.23 | 0.20 | 0.18 |
| ADS-TEC Energy PLC (ADSE)vs › | $740.78M | 2.38 | 0.28 | 0.22 | 0.34 |
| Bowman Consulting Group Ltd. (BWMN)vs › | $749.15M | 1.11 | 0.58 | 0.67 | 0.69 |
| Satellogic Inc. (SATL)vs › | $758.51M | 2.85 | 1.05 | 0.40 | 0.40 |
| Ballard Power Systems Inc. (BLDP)vs › | $621.04M | 0.04 | 0.04 | 0.03 | 0.02 |
Debt/Equity
0.12
Current Ratio
3.03
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 |
|---|---|
| 2026-07-03 | 0.12 |
| 2026-04-03 | 1.00 |
| 2025-12-31 | 0.29 |
| 2025-09-30 | 1.29 |
| 2025-03-31 | 0.00 |
| 2024-12-31 | 1.14 |
