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 0.04 is 91% below its 5-year average of 0.42, near the low end of its 5-year range (-11.11–35.01).
As of the fiscal period ended Tuesday, June 30, 2026. 100.85% above its 12-month average of -4.62.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.04.
DEBT TO EQUITY RATIO
0.04
DEBT TO EQUITY RATIO AVG TTM
-4.62
DEBT TO EQUITY RATIO AVG 3Y
-0.45
DEBT TO EQUITY RATIO AVG 5Y
0.42
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
+100.85%
CURRENT VS 3Y AVG
+108.67%
CURRENT VS 5Y AVG
-90.64%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
0.17
median of 593 covered companies
CURRENT VS SECTOR MEDIAN
-76.85%
vs the sector median at left
Market Cap
$1.81B
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$1.76B
Debt to Equity Ratio
0.01
TTM Avg
0.01
3Y Avg
0.05
5Y Avg
0.04
Market Cap
$1.69B
Debt to Equity Ratio
0.90
TTM Avg
0.03
3Y Avg
0.03
5Y Avg
0.03
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NextNav Inc. (NN) | $1.81B | 0.04 | -4.62 | -0.45 | 0.42 |
| Pasqal Holding S.A. Ordinary Share (PSQL)vs › | $1.81B | N/A | N/A | N/A | N/A |
| Photronics, Inc. (PLAB)vs › | $1.82B | 0.00 | 0.01 | 0.03 | 0.06 |
| Nayax Ltd. (NYAX)vs › | $1.77B | 1.46 | 0.90 | 0.71 | 0.97 |
| Quantum Computing, Inc. (QUBT)vs › | $1.76B | 0.01 | 0.01 | 0.05 | 0.04 |
| Karooooo Ltd. (KARO)vs › | $1.90B | 0.30 | 0.29 | 0.18 | 0.34 |
| C3.ai, Inc. (AI)vs › | $1.71B | 0.00 | 0.01 | 0.01 | 0.00 |
| Bandwidth Inc. (BAND)vs › | $1.93B | 1.47 | 1.68 | 1.83 | 1.54 |
| SharonAI Holdings, Inc. Class A Common Stock (SHAZ)vs › | $1.69B | 0.90 | 0.03 | 0.03 | 0.03 |
| Amplitude, Inc. (AMPL)vs › | $1.97B | 0.04 | 0.03 | 0.03 | 0.02 |
Debt/Equity
0.04
Current Ratio
25.63
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 | 0.04 |
| 2026-03-31 | -3.13 |
| 2025-12-31 | -3.35 |
| 2025-09-30 | -11.11 |
| 2025-06-30 | -5.56 |
| 2025-03-31 | 35.01 |
| 2024-12-31 | 1.43 |
| 2024-09-30 | 1.08 |
| 2024-06-30 | 1.09 |
| 2024-03-31 | 1.20 |
| 2023-12-31 | 0.84 |
| 2023-09-30 | 0.81 |
| 2023-06-30 | 0.55 |
| 2023-03-31 | 0.11 |
| 2022-12-31 | 0.08 |
| 2022-09-30 | 0.09 |
| 2022-06-30 | 0.08 |
| 2022-03-31 | 0.10 |
| 2021-12-31 | 0.00 |
| 2021-09-30 | -0.38 |
| 2021-06-30 | -0.41 |
| 2021-03-31 | 0.00 |
| 2020-12-31 | -0.12 |
| 2020-09-30 | 0.00 |
| 2020-06-30 | 0.00 |
| 2020-03-31 | 0.00 |
