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 0.62 is 55% above its 5-year average of 0.40, near the high end of its 5-year range (0.22–0.67).
As of the fiscal period ended Saturday, February 28, 2026. 17.96% above its 12-month average of 0.52.
Reported quarterly debt to equity ratio; no daily interpolation. Q4 FY2025 (2026-02-28): 0.62.
DEBT TO EQUITY RATIO
0.62
DEBT TO EQUITY RATIO AVG TTM
0.52
DEBT TO EQUITY RATIO AVG 3Y
0.47
DEBT TO EQUITY RATIO AVG 5Y
0.40
DEBT TO EQUITY RATIO AVG 10Y
0.38
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
+17.96%
CURRENT VS 3Y AVG
+29.54%
CURRENT VS 5Y AVG
+55.22%
CURRENT VS 10Y AVG
+61.59%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
0.65
median of 113 covered companies
CURRENT VS SECTOR MEDIAN
-5.37%
vs the sector median at left
Invesco California Value Municipal Income Trust
Market Cap
$431.13M
Debt to Equity Ratio
0.62
TTM Avg
0.52
3Y Avg
0.47
5Y Avg
0.40
Market Cap
$435.59M
Debt to Equity Ratio
0.57
TTM Avg
0.71
3Y Avg
0.41
5Y Avg
0.35
Market Cap
$311.37M
Debt to Equity Ratio
0.22
TTM Avg
0.20
3Y Avg
0.27
5Y Avg
0.33
Market Cap
$562.76M
Debt to Equity Ratio
0.76
TTM Avg
0.72
3Y Avg
0.71
5Y Avg
0.67
Market Cap
$279.52M
Debt to Equity Ratio
0.59
TTM Avg
0.58
3Y Avg
0.55
5Y Avg
0.57
Market Cap
$266.59M
Debt to Equity Ratio
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$645.95M
Debt to Equity Ratio
0.59
TTM Avg
0.51
3Y Avg
0.52
5Y Avg
0.53
Market Cap
$205.51M
Debt to Equity Ratio
0.00
TTM Avg
0.32
3Y Avg
1.41
5Y Avg
0.94
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Invesco California Value Municipal Income Trust (VCV) | $431.13M | 0.62 | 0.52 | 0.47 | 0.40 |
| PIMCO California Municipal Income Fund (PCQ)vs › | $435.59M | 0.57 | 0.71 | 0.41 | 0.35 |
| BlackRock Floating Rate Income Trust (BGT)vs › | $311.37M | 0.22 | 0.20 | 0.27 | 0.33 |
| Nuveen California AMT-Free Quality Municipal Income Fund (NKX)vs › | $562.76M | 0.76 | 0.72 | 0.71 | 0.67 |
| Isabella Bank Corporation (ISBA)vs › | $279.52M | 0.59 | 0.58 | 0.55 | 0.57 |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.59M | N/A | N/A | N/A | N/A |
| Hypoport SE (HYPOF)vs › | $630.67M | 0.42 | 0.50 | 0.54 | 0.63 |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $645.95M | 0.59 | 0.51 | 0.52 | 0.53 |
| DeFi Technologies Inc. (DEFT)vs › | $205.51M | 0.00 | 0.32 | 1.41 | 0.94 |
| Astoria US Equal Weight Quality Kings ETF (ROE)vs › | $203.32M | N/A | N/A | N/A | N/A |
Debt/Equity
0.62
Current Ratio
2.09
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 |
|---|---|
| 2026-02-28 | 0.62 |
| 2025-08-31 | 0.67 |
| 2025-02-28 | 0.28 |
| 2024-08-31 | 0.62 |
| 2024-02-28 | 0.61 |
| 2023-08-31 | 0.25 |
| 2023-02-28 | 0.28 |
| 2022-08-31 | 0.31 |
| 2022-02-28 | 0.27 |
| 2021-08-31 | 0.23 |
| 2021-02-28 | 0.22 |
| 2020-08-31 | 0.26 |
| 2020-02-28 | 0.22 |
| 2019-08-31 | 0.23 |
| 2019-02-28 | 0.27 |
| 2018-08-31 | 0.28 |
| 2018-02-28 | 0.32 |
| 2017-08-31 | 0.30 |
| 2017-02-28 | 0.62 |
| 2016-08-31 | 0.57 |
| 2016-02-28 | 0.56 |
| 2015-08-31 | 0.57 |
| 2015-02-28 | 0.56 |
| 2014-08-31 | 0.56 |
| 2014-02-28 | 0.59 |
| 2013-08-31 | 0.67 |
| 2013-02-28 | 0.57 |
| 2012-08-31 | 0.00 |
