MKTXNEUTRAL

MKTX Debt-to-Equity Ratio Analysis

0.09x

Updated 33h ago·SEC filings & market data

Key Takeaway

A Debt-to-Equity Ratio of 0.09x means the company uses only 9 cents of debt for every $1 of shareholder equity, indicating a low reliance on borrowing.

Sector Performance

13th percentile

MKTX

0.09x

Sector Median

0.74x

Sector Avg

2.51x

Prior Period

0.19x(Aug 2026)

↑ Improving

📊

Deep Analysis

A Debt-to-Equity Ratio of 0.09x means the company uses only 9 cents of debt for every $1 of shareholder equity, indicating a low reliance on borrowing.

This is far below the sector median of 0.74x, placing MKTX in the 13th percentile among peers—meaning most comparable companies carry more debt. The year-over-year change and 8-quarter trend are not available, but the quarter-over-quarter change is -52.6%, showing a sharp reduction in leverage from the prior quarter's 0.19x. While the very low debt level reduces financial risk, the rapid QoQ decline may reflect intentional deleveraging or a shift in capital structure, not necessarily a change in operational outlook. The combination of an exceptionally low ratio and a recent decrease suggests limited balance-sheet stress, but also no particular debt-driven advantage. This metric supports the overall NEUTRAL verdict, as it does not indicate either a clear risk or a clear opportunity relative to the stock's current assessment.

Frequently Asked Questions

What does the Debt-to-Equity Ratio tell investors about MKTX?

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.

How is the Debt-to-Equity Ratio calculated?

Debt-to-Equity Ratio is calculated as: Total Debt / Shareholders' Equity.

Who are MKTX's closest peers by Debt-to-Equity Ratio?

The closest peers by Debt-to-Equity Ratio include: TAP (0.76x), PCAR (0.72x), O (0.78x), PRU (0.78x), KIM (0.85x).

📚

Learn More About Debt-to-Equity Ratio

How to Spot a Debt Problem Before It Hits the Stock Price

Learn how to spot a debt problem in stocks using D/E, interest coverage, and net debt/EBITDA ratios. Real examples from META and MSFT, plus danger thresholds you need to know.

Debt/Equity Ratio: How Much Debt Is Too Much?

The debt to equity ratio explained: why context, interest coverage, and sector norms matter far more than the raw number when assessing debt risk.

The Formula

Total Debt / Shareholders' Equity

Why It Matters

Shows how much a company is financing its operations through debt vs shareholder funds. High D/E can amplify returns — and losses.