NET Debt-to-Equity Ratio Analysis
Higher than 92% of Technology sector peers
Updated 25h ago·SEC filings & market data
Key Takeaway
The debt-to-equity ratio measures how much a company relies on borrowed funds versus shareholder money to finance its operations; a ratio of 2.14x means NET has $2.14 in debt for every $1 of equity.
Sector Performance
92th percentileNET
2.14x
Sector Median
0.27x
Sector Avg
0.24x
Prior Period
2.31x(May 2026)
Deep Analysis
The debt-to-equity ratio measures how much a company relies on borrowed funds versus shareholder money to finance its operations; a ratio of 2.14x means NET has $2.14 in debt for every $1 of equity.
This is far above the sector median of 0.27x, placing NET in the 92nd percentile among technology peers—indicating much higher leverage than most competitors. The year-over-year change is not available, but the quarter-over-quarter change shows a 7.4% decline from the prior quarter’s 2.31x, suggesting that debt relative to equity has recently decreased. While a high debt-to-equity level signals elevated financial risk, the downward quarterly trend offers a modest reduction in that risk. This combination of a still-elevated ratio with a slight decline implies that the company remains exposed to interest and repayment pressures, though the direction is less alarming than a rising trend would be. The ongoing high leverage strongly supports the overall CAUTIOUS verdict, as the stock carries above-average risk compared to its sector peers.
Frequently Asked Questions
What does the Debt-to-Equity Ratio tell investors about NET?
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.
How does NET's Debt-to-Equity Ratio compare to its sector?
NET's Debt-to-Equity Ratio of 2.14x compares to a Technology sector median of 0.27x, placing it in the 92th percentile.
Who are NET's closest peers by Debt-to-Equity Ratio?
The closest Technology peers by Debt-to-Equity Ratio include: MNTV (0.81x), ADSK (0.85x), SMTC (0.86x), BMBL (0.95x), UCTT (0.96x).
Learn More About Debt-to-Equity Ratio
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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.
Master NET's Valuation
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2.14x
Sector Median
0.27x
Sector Avg
0.24x
How NET's Debt-to-Equity Ratio compares to sector peers.
Also Analyze
Not financial advice. Research tool only. Data may be delayed.