Debt-to-Equity Ratio

The Debt-to-Equity ratio of 0.03x means that for every dollar of shareholder equity, the company has only $0.03 of debt — a very low level of financial leverage.

This places the company at the 10th percentile among sector peers, well below the sector median of 0.73x, indicating it uses far less debt than the typical peer. Year-over-year change is not available, but quarter-over-quarter the ratio fell by 80.0% from 0.15x to 0.03x, reflecting a sharp reduction in debt relative to equity in the latest quarter. The combination of an extremely low ratio and a steep quarterly decline suggests minimal financial risk from leverage, but also signals a possible large debt repayment or equity raise that may not recur. This metric supports the overall NEUTRAL verdict: the low debt level is a defensive strength, but the neutral stance likely accounts for other factors such as growth or valuation that offset this advantage.

Frequently Asked Questions

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