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 0.07 is 82% below its 5-year average of 0.40, near the low end of its 5-year range (0.07–0.97).
As of the fiscal period ended Tuesday, June 30, 2026. 81.78% below its 12-month average of 0.40.
Reported quarterly debt to equity ratio; no daily interpolation. Q4 FY2026 (2026-06-30): 0.07.
DEBT TO EQUITY RATIO
0.07
DEBT TO EQUITY RATIO AVG TTM
0.40
DEBT TO EQUITY RATIO AVG 3Y
0.38
DEBT TO EQUITY RATIO AVG 5Y
0.40
DEBT TO EQUITY RATIO AVG 10Y
0.32
DEBT TO EQUITY RATIO AVG 15Y
0.24
DEBT TO EQUITY RATIO AVG 20Y
0.27
CURRENT VS TTM AVG
-81.78%
CURRENT VS 3Y AVG
-80.95%
CURRENT VS 5Y AVG
-81.96%
CURRENT VS 10Y AVG
-76.99%
CURRENT VS 15Y AVG
-70.24%
CURRENT VS 20Y AVG
-72.88%
SECTOR MEDIAN · TECHNOLOGY
0.33
median of 186 covered companies
CURRENT VS SECTOR MEDIAN
-78.00%
vs the sector median at left
LightPath Technologies, Inc.
Market Cap
$637.31M
Debt to Equity Ratio
0.07
TTM Avg
0.40
3Y Avg
0.38
5Y Avg
0.40
Market Cap
$479.58M
Debt to Equity Ratio
0.50
TTM Avg
0.51
3Y Avg
0.50
5Y Avg
0.42
Market Cap
$379.97M
Debt to Equity Ratio
0.04
TTM Avg
0.00
3Y Avg
0.00
5Y Avg
0.00
Market Cap
$332.60M
Debt to Equity Ratio
0.04
TTM Avg
0.01
3Y Avg
0.01
5Y Avg
0.01
Market Cap
$968.68M
Debt to Equity Ratio
0.88
TTM Avg
0.13
3Y Avg
0.15
5Y Avg
0.17
Market Cap
$271.20M
Debt to Equity Ratio
0.00
TTM Avg
1.94
3Y Avg
1.53
5Y Avg
2.30
Market Cap
$234.07M
Debt to Equity Ratio
0.04
TTM Avg
0.07
3Y Avg
0.09
5Y Avg
0.10
Market Cap
$1.08B
Debt to Equity Ratio
0.01
TTM Avg
0.19
3Y Avg
0.13
5Y Avg
0.21
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| LightPath Technologies, Inc. (LPTH) | $637.31M | 0.07 | 0.40 | 0.38 | 0.40 |
| Methode Electronics, Inc. (MEI)vs › | $479.58M | 0.50 | 0.51 | 0.50 | 0.42 |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $379.97M | 0.04 | 0.00 | 0.00 | 0.00 |
| Nano Dimension Ltd. (NNDM)vs › | $332.60M | 0.04 | 0.01 | 0.01 | 0.01 |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $968.68M | 0.88 | 0.13 | 0.15 | 0.17 |
| Duos Technologies Group, Inc. (DUOT)vs › | $271.20M | 0.00 | 1.94 | 1.53 | 2.30 |
| One Stop Systems, Inc. (OSS)vs › | $234.07M | 0.04 | 0.07 | 0.09 | 0.10 |
| POET Technologies Inc. (POET)vs › | $1.08B | 0.01 | 0.19 | 0.13 | 0.21 |
| Nano Labs Ltd (NA)vs › | $158.91M | 0.57 | 0.58 | 0.44 | 0.44 |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.14B | 1.83 | 1.01 | 0.81 | 0.91 |
Debt/Equity
0.07
Current Ratio
4.96
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 | 0.07 |
| 2026-03-31 | 0.10 |
| 2025-12-31 | 0.13 |
| 2025-09-30 | 0.72 |
| 2025-06-30 | 0.97 |
| 2025-03-31 | 0.91 |
| 2024-12-31 | 0.47 |
| 2024-09-30 | 0.43 |
| 2024-06-30 | 0.34 |
| 2024-03-31 | 0.34 |
| 2023-12-31 | 0.37 |
| 2023-09-30 | 0.37 |
| 2023-06-30 | 0.34 |
| 2023-03-31 | 0.34 |
| 2022-12-31 | 0.49 |
| 2022-09-30 | 0.51 |
| 2022-06-30 | 0.50 |
| 2022-03-31 | 0.48 |
| 2021-12-31 | 0.45 |
| 2021-09-30 | 0.46 |
| 2021-06-30 | 0.42 |
| 2021-03-31 | 0.19 |
| 2020-12-31 | 0.21 |
| 2020-09-30 | 0.21 |
| 2020-06-30 | 0.22 |
| 2020-03-31 | 0.23 |
| 2019-12-31 | 0.25 |
| 2019-09-30 | 0.27 |
| 2019-06-30 | 0.20 |
| 2019-03-31 | 0.19 |
| 2018-12-31 | 0.20 |
| 2018-09-30 | 0.20 |
| 2018-06-30 | 0.21 |
| 2018-03-31 | 0.21 |
| 2017-12-31 | 0.34 |
| 2017-09-30 | 0.37 |
| 2017-06-30 | 0.38 |
| 2017-03-31 | 0.50 |
| 2016-12-31 | 0.54 |
| 2016-09-30 | 0.03 |
| 2016-06-30 | 0.03 |
| 2016-03-31 | 0.04 |
| 2015-12-31 | 0.05 |
| 2015-09-30 | 0.05 |
| 2015-06-30 | 0.07 |
| 2015-03-31 | 0.06 |
| 2014-12-31 | 0.07 |
| 2014-09-30 | 0.02 |
| 2014-06-30 | 0.02 |
| 2014-03-31 | 0.00 |
| 2013-12-31 | 0.00 |
| 2013-09-30 | 0.00 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 0.24 |
| 2012-09-30 | 0.02 |
| 2012-06-30 | 0.27 |
| 2012-03-31 | 0.33 |
| 2011-12-31 | 0.29 |
| 2011-09-30 | 0.27 |
| 2011-06-30 | 0.27 |
| 2011-03-31 | 0.28 |
| 2010-12-31 | 0.24 |
| 2010-09-30 | 0.23 |
| 2010-06-30 | 0.37 |
| 2010-03-31 | 0.54 |
| 2009-12-31 | 0.59 |
| 2009-09-30 | 0.61 |
| 2009-06-30 | 0.95 |
| 2009-03-31 | 0.80 |
| 2008-12-31 | 0.57 |
| 2008-09-30 | 0.66 |
| 2008-06-30 | 0.26 |
| 2008-03-31 | 0.11 |
| 2007-12-31 | 0.09 |
| 2007-09-30 | 0.08 |
| 2007-06-30 | 0.12 |
| 2007-03-31 | 0.10 |
| 2006-12-31 | 0.08 |
| 2006-09-30 | 0.05 |
| 2006-06-30 | 0.05 |
| 2006-03-31 | 0.04 |
| 2005-12-31 | 0.01 |
| 2005-09-30 | 0.01 |
| 2005-06-30 | 0.01 |
| 2005-03-31 | 0.01 |
| 2004-12-31 | 0.01 |
| 2004-09-30 | 0.00 |
| 2004-06-30 | 0.00 |
| 2004-03-31 | 0.00 |
| 2003-12-31 | 0.00 |
| 2003-09-30 | 0.00 |
| 2003-06-30 | 0.00 |
| 2003-03-31 | 0.00 |
| 2002-12-31 | 0.00 |
| 2002-09-30 | 0.00 |