Debt-to-Equity Ratio

The Debt-to-Equity ratio of 0.47x means that for every dollar of shareholders' equity, the company has $0.47 of debt, indicating a conservative use of borrowing relative to its own capital.

This ratio sits below the sector median of 0.73x, placing the company at the 33rd percentile among peers, meaning two-thirds of competitors carry more debt relative to equity. No year-over-year or quarter-over-quarter change data is available, and the trend direction over the last eight quarters is also not provided, so there is no basis to assess whether leverage is increasing or decreasing. Because the ratio is well below the sector median and consistent with low financial risk, the current level alone suggests limited balance-sheet strain. However, without any trend information, it is impossible to judge whether this conservative position is stable or deteriorating. This metric supports the overall NEUTRAL verdict by showing below-average leverage that does not signal danger, but the lack of directional data prevents a more bullish or bearish leaning.

Frequently Asked Questions

Closest Sector Peers