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 0.61 is 100% above its 5-year average of 0.30, near the high end of its 5-year range (-121.56–23.37).
As of the fiscal period ended Tuesday, June 30, 2026. 22.08% above its 12-month average of 0.50.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.61.
DEBT TO EQUITY RATIO
0.61
DEBT TO EQUITY RATIO AVG TTM
0.50
DEBT TO EQUITY RATIO AVG 3Y
0.40
DEBT TO EQUITY RATIO AVG 5Y
0.30
DEBT TO EQUITY RATIO AVG 10Y
0.03
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+22.08%
CURRENT VS 3Y AVG
+52.19%
CURRENT VS 5Y AVG
+99.69%
CURRENT VS 10Y AVG
+1947.78%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
0.47
median of 414 covered companies
CURRENT VS SECTOR MEDIAN
+29.13%
vs the sector median at left
Greenwave Technology Solutions, Inc.
Market Cap
$2.01M
Debt to Equity Ratio
0.61
TTM Avg
0.50
3Y Avg
0.40
5Y Avg
0.30
Market Cap
$1.92M
Debt to Equity Ratio
0.31
TTM Avg
0.29
3Y Avg
0.71
5Y Avg
1.28
Market Cap
$2.14M
Debt to Equity Ratio
0.33
TTM Avg
0.28
3Y Avg
0.15
5Y Avg
0.12
Market Cap
$1.88M
Debt to Equity Ratio
0.01
TTM Avg
0.01
3Y Avg
0.01
5Y Avg
0.01
Market Cap
$1.88M
Debt to Equity Ratio
0.03
TTM Avg
0.20
3Y Avg
0.26
5Y Avg
0.58
Market Cap
$1.85M
Debt to Equity Ratio
0.35
TTM Avg
0.27
3Y Avg
0.30
5Y Avg
1.08
Market Cap
$2.20M
Debt to Equity Ratio
0.01
TTM Avg
0.04
3Y Avg
0.09
5Y Avg
0.12
Market Cap
$1.82M
Debt to Equity Ratio
3.73
TTM Avg
3.16
3Y Avg
296.69
5Y Avg
296.69
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Greenwave Technology Solutions, Inc. (GWAV) | $2.01M | 0.61 | 0.50 | 0.40 | 0.30 |
| Jayud Global Logistics Limited (JYD)vs › | $1.92M | 0.31 | 0.29 | 0.71 | 1.28 |
| Mint Incorporation Limited (MIMI)vs › | $2.14M | 0.33 | 0.28 | 0.15 | 0.12 |
| Megan Holdings Limited Ordinary Shares (MGN)vs › | $1.88M | 0.01 | 0.01 | 0.01 | 0.01 |
| Galaxy Payroll Group Limited (GLXG)vs › | $1.88M | 0.03 | 0.20 | 0.26 | 0.58 |
| Erayak Power Solution Group Inc. (RAYA)vs › | $1.85M | 0.35 | 0.27 | 0.30 | 1.08 |
| Professional Diversity Network, Inc. (IPDN)vs › | $2.20M | 0.01 | 0.04 | 0.09 | 0.12 |
| Nauticus Robotics, Inc. (KITT)vs › | $1.82M | 3.73 | 3.16 | 296.69 | 296.69 |
| Rubico Inc. (RUBI)vs › | $1.76M | 1.70 | 2.01 | 1.86 | 3.10 |
| Ping An Biomedical Co., Ltd. (PASW)vs › | $2.29M | 0.23 | 0.23 | 3.98 | 3.98 |
Debt/Equity
0.61
Current Ratio
0.23
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 | 0.61 |
| 2026-03-31 | 0.54 |
| 2025-12-31 | 0.53 |
| 2025-09-30 | 0.43 |
| 2025-06-30 | 0.38 |
| 2025-03-31 | 0.35 |
| 2024-12-31 | 0.43 |
| 2024-09-30 | 0.17 |
| 2024-06-30 | 0.16 |
| 2024-03-31 | 5.24 |
| 2023-12-31 | -8.67 |
| 2023-09-30 | -121.56 |
| 2023-06-30 | 2.32 |
| 2023-03-31 | 1.92 |
| 2022-12-31 | 1.10 |
| 2022-09-30 | 0.45 |
| 2022-06-30 | -3.32 |
| 2022-03-31 | 23.37 |
| 2021-12-31 | -0.45 |
| 2021-09-30 | -0.28 |
| 2021-06-30 | -0.15 |
| 2021-03-31 | -0.05 |
| 2020-12-31 | -0.09 |
| 2020-09-30 | -0.10 |
| 2020-06-30 | -0.05 |
| 2020-03-31 | -0.11 |
| 2019-12-31 | -0.19 |
| 2019-09-30 | -0.09 |
| 2019-06-30 | -0.30 |
| 2019-03-31 | -0.33 |
| 2018-12-31 | -0.37 |
| 2018-09-30 | -0.29 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | -0.07 |
| 2017-09-30 | 0.11 |
| 2017-06-30 | 0.00 |
| 2017-03-31 | 0.00 |
| 2016-12-31 | -0.10 |
| 2016-09-30 | -0.38 |
| 2016-06-30 | -0.83 |
| 2016-03-31 | -0.33 |
| 2015-12-31 | 0.66 |
| 2015-09-30 | 0.00 |
| 2015-06-30 | 0.00 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | -0.17 |
| 2014-09-30 | 1.95 |
| 2014-06-30 | 0.59 |
| 2014-03-31 | 0.72 |
| 2013-12-31 | 0.00 |
| 2013-09-30 | 0.00 |
| 2013-06-30 | 0.00 |
