ETR Debt-to-Equity Ratio Analysis

A Debt-to-Equity Ratio of 1.96x means the company carries $1.96 of debt for every $1.00 of shareholder equity — a measure of financial leverage that shows how much the business relies on borrowed funds.

This sits well above the sector median of 0.73x, placing the firm in the 86th percentile among peers, so most comparable companies use considerably less debt. The metric has no trend data: the year-over-year change is N/A and the quarter-over-quarter change is N/A, leaving no basis to assess whether leverage is rising or falling. The combination of a high current leverage level with an unknown direction implies elevated risk relative to the sector, but also no evidence of recent deterioration, so the hazard is static rather than escalating. This metric partially contradicts a NEUTRAL outlook because the high debt level alone suggests caution, yet the absence of any negative trend tempers that concern. On balance, the metric supports the NEUTRAL verdict: the high leverage is a known risk, but without movement in the ratio, no stronger bearish or bullish signal emerges.

Frequently Asked Questions

Closest Sector Peers