Debt-to-Equity Ratio

The current debt-to-equity ratio of 0.41x means that for every $1.00 of shareholder equity, the company carries $0.41 of debt — a lower figure indicates less reliance on borrowing.

This ratio is well below the sector median of 0.73x, placing the company in the 29th percentile among its peers, meaning 71% of sector companies carry more debt relative to equity. Trend data are not available: the year-over-year change, quarter-over-quarter change, and the past eight quarters of data are all listed as N/A, so no directional pattern can be assessed. The combination of a low debt level with no observable trend suggests the company currently operates with conservative leverage, but the absence of historical context limits any forward-looking risk or opportunity assessment. This metric supports the overall NEUTRAL verdict: the low debt ratio is a positive sign of financial stability, yet without trend information or other factors, it does not alone justify a bullish or bearish stance.

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