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 -0.23 is 78% above its 5-year average of -1.05, near the high end of its 5-year range (-3.30–-0.13).
As of the fiscal period ended Tuesday, June 30, 2026. 10.71% above its 12-month average of -0.26.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): -0.23.
DEBT TO EQUITY RATIO
-0.23
DEBT TO EQUITY RATIO AVG TTM
-0.26
DEBT TO EQUITY RATIO AVG 3Y
-0.87
DEBT TO EQUITY RATIO AVG 5Y
-1.05
DEBT TO EQUITY RATIO AVG 10Y
-1.28
DEBT TO EQUITY RATIO AVG 15Y
-1.19
DEBT TO EQUITY RATIO AVG 20Y
-0.76
CURRENT VS TTM AVG
+10.71%
CURRENT VS 3Y AVG
+72.99%
CURRENT VS 5Y AVG
+77.69%
CURRENT VS 10Y AVG
+81.66%
CURRENT VS 15Y AVG
+80.32%
CURRENT VS 20Y AVG
+69.22%
SECTOR MEDIAN · BASIC MATERIALS
0.32
median of 127 covered companies
CURRENT VS SECTOR MEDIAN
-173.23%
vs the sector median at left
Odyssey Marine Exploration, Inc.
Market Cap
$39.75M
Debt to Equity Ratio
-0.23
TTM Avg
-0.26
3Y Avg
-0.87
5Y Avg
-1.05
Market Cap
$38.66M
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$31.06M
Debt to Equity Ratio
0.00
TTM Avg
0.00
3Y Avg
0.00
5Y Avg
0.02
Market Cap
$51.47M
Debt to Equity Ratio
14.32
TTM Avg
6.55
3Y Avg
6.55
5Y Avg
6.55
Market Cap
$54.50M
Debt to Equity Ratio
0.77
TTM Avg
1.03
3Y Avg
0.71
5Y Avg
0.52
Market Cap
$21.57M
Debt to Equity Ratio
6.06
TTM Avg
3.55
3Y Avg
2.21
5Y Avg
2.12
Market Cap
$20.33M
Debt to Equity Ratio
N/A
TTM Avg
4.32
3Y Avg
2.20
5Y Avg
1.49
Market Cap
$18.55M
Debt to Equity Ratio
0.01
TTM Avg
0.12
3Y Avg
0.70
5Y Avg
0.70
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Odyssey Marine Exploration, Inc. (OMEX) | $39.75M | -0.23 | -0.26 | -0.87 | -1.05 |
| Tactical Resources Corp. (TREO)vs › | $38.66M | N/A | N/A | N/A | N/A |
| Largo Inc. (LGO)vs › | $35.78M | 0.86 | 0.06 | 0.14 | 0.13 |
| Frontier Nuclear and Minerals Inc. (FNUC)vs › | $31.06M | 0.00 | 0.00 | 0.00 | 0.02 |
| Texxon Holding Limited Ordinary shares (NPT)vs › | $51.47M | 14.32 | 6.55 | 6.55 | 6.55 |
| Electra Battery Materials Corporation (ELBM)vs › | $54.50M | 0.77 | 1.03 | 0.71 | 0.52 |
| Bioceres Crop Solutions Corp. (BIOX)vs › | $21.57M | 6.06 | 3.55 | 2.21 | 2.12 |
| Loop Industries, Inc. (LOOP)vs › | $20.33M | N/A | 4.32 | 2.20 | 1.49 |
| Greenland Mines Ltd. (GRML)vs › | $18.55M | 0.01 | 0.12 | 0.70 | 0.70 |
| Mercer International Inc. (MERC)vs › | $16.50M | N/A | 13.68 | 7.89 | 5.90 |
Debt/Equity
-0.23
Current Ratio
0.12
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 | -0.23 |
| 2026-03-31 | -0.15 |
| 2025-12-31 | -0.13 |
| 2025-09-30 | -0.26 |
| 2025-06-30 | -0.54 |
| 2025-03-31 | -1.70 |
| 2024-12-31 | -1.41 |
| 2024-09-30 | -1.44 |
| 2024-06-30 | -0.73 |
| 2024-03-31 | -0.71 |
| 2023-12-31 | -0.72 |
| 2023-09-30 | -0.72 |
| 2023-06-30 | -2.53 |
| 2023-03-31 | -3.30 |
| 2022-12-31 | -0.51 |
| 2022-09-30 | -1.56 |
| 2022-06-30 | -1.90 |
| 2022-03-31 | -1.32 |
| 2021-12-31 | -1.63 |
| 2021-09-30 | -1.36 |
| 2021-06-30 | -1.45 |
| 2021-03-31 | -1.48 |
| 2020-12-31 | -1.56 |
| 2020-09-30 | -1.50 |
| 2020-06-30 | -1.13 |
| 2020-03-31 | -1.21 |
| 2019-12-31 | -1.20 |
| 2019-09-30 | -1.21 |
| 2019-06-30 | -1.17 |
| 2019-03-31 | -1.29 |
| 2018-12-31 | -1.35 |
| 2018-09-30 | -1.17 |
| 2018-06-30 | -1.19 |
| 2018-03-31 | -1.19 |
| 2017-12-31 | -1.21 |
| 2017-09-30 | -1.23 |
| 2017-06-30 | -1.27 |
| 2017-03-31 | -1.24 |
| 2016-12-31 | -1.32 |
| 2016-09-30 | -1.27 |
| 2016-06-30 | -1.36 |
| 2016-03-31 | -1.39 |
| 2015-12-31 | -1.12 |
| 2015-09-30 | -1.77 |
| 2015-06-30 | -2.19 |
| 2015-03-31 | -2.09 |
| 2014-12-31 | -5.17 |
| 2014-09-30 | 26.03 |
| 2014-06-30 | 1.88 |
| 2014-03-31 | 1.03 |
| 2013-12-31 | 1.27 |
| 2013-09-30 | -14.42 |
| 2013-06-30 | -2.84 |
| 2013-03-31 | -2.31 |
| 2012-12-31 | -0.91 |
| 2012-09-30 | -1.33 |
| 2012-06-30 | -0.69 |
| 2012-03-31 | -0.90 |
| 2011-12-31 | -1.10 |
| 2011-09-30 | -0.91 |
| 2011-06-30 | -8.02 |
| 2011-03-31 | -0.63 |
| 2010-12-31 | -1.05 |
| 2010-09-30 | 1.26 |
| 2010-06-30 | 0.95 |
| 2010-03-31 | 0.70 |
| 2009-12-31 | 1.06 |
| 2009-09-30 | 0.73 |
| 2009-06-30 | 0.54 |
| 2009-03-31 | 0.57 |
| 2008-12-31 | 0.46 |
| 2008-09-30 | 0.13 |
| 2008-06-30 | 0.16 |
| 2008-03-31 | 0.00 |
| 2007-12-31 | 0.10 |
| 2007-09-30 | 0.25 |
| 2007-06-30 | 0.28 |
| 2007-03-31 | 0.31 |
| 2006-12-31 | 0.37 |
| 2006-09-30 | 0.25 |
| 2006-06-30 | 0.14 |
| 2006-03-31 | 0.06 |
| 2005-12-31 | 0.08 |
| 2005-09-30 | 0.06 |
| 2005-06-30 | 0.06 |
| 2005-03-31 | 0.07 |
| 2004-11-30 | 0.09 |
| 2004-08-31 | 0.18 |
| 2004-05-31 | 0.00 |
| 2004-02-29 | 0.00 |
| 2003-11-30 | 0.00 |
| 2003-08-31 | 0.00 |
| 2003-05-31 | 2.57 |
| 2003-02-28 | 0.07 |
| 2002-11-30 | 0.04 |
| 2002-08-31 | 0.28 |
