NeoVolta (NEOV) Debt Ratio (2024 - 2026)
NeoVolta (NEOV) posted quarterly Debt Ratio of 0.02 for Q1 2026, down 97.29% year-over-year from 0.88 in Q1 2025, and down 93.16% quarter-over-quarter from 0.35 in Q4 2025.
NeoVolta (NEOV) Debt Ratio (2024 - 2026) Analysis & Trends
NeoVolta (NEOV) has reported Debt Ratio for 3 consecutive years, with 0.02 the latest figure, recorded in Q1 2026.
- In Q1 2026, Debt Ratio fell 97.29% year-over-year to 0.02; the TTM figure through Mar 2026 stood at 0.02 (down 97.29% YoY), while the FY2025 annual figure was 0.44, changed N/A from the prior year.
- Debt Ratio retreated to 0.02 in Q1 2026 per NEOV's latest filing, from 0.35 in the prior quarter.
- Across five years, Debt Ratio topped out at 1.24 in Q4 2024 and bottomed at 0.02 in Q1 2026.
- Historically, Debt Ratio has averaged 0.58 across 3 years, with a median of 0.5 in 2025.
- Annual changes were most pronounced in 2025 — Debt Ratio slumped 72.09% — and 2026, when it plunged 97.29%.
- NeoVolta's Debt Ratio stood at 1.24 in 2024, then plunged by 72.09% to 0.35 in 2025, then slumped by 93.16% to 0.02 in 2026.
- Business Quant data shows NEOV's Debt Ratio at 0.02 in Q1 2026, 0.35 in Q4 2025, and 0.57 in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Vertiv Holdings | 100.83 Bn | 97.72 Bn | 1.23 Bn | 0.18 |
| 2 | Bloom Energy | 57.56 Bn | 54.89 Bn | 355.57 Mn | 0.00 |
| 3 | Hubbell | 24.89 Bn | 24.50 Bn | 613.00 Mn | 0.45 |
| 4 | nVent Electric | 24.60 Bn | 24.35 Bn | 558.00 Mn | 0.21 |
| 5 | Advanced Energy Industries | 11.11 Bn | 9.69 Bn | 236.10 Mn | 0.37 |
| 6 | Acuity Inc. (De) | 10.38 Bn | 9.97 Bn | 606.40 Mn | 0.15 |
| 7 | Powell Industries | 7.20 Bn | 6.57 Bn | 95.30 Mn | - |
| 8 | EnerSys | 6.92 Bn | 6.39 Bn | 313.36 Mn | 0.26 |
| 9 | Plug Power | 3.17 Bn | 2.85 Bn | -1.68 Mn | 0.03 |
| 10 | NeoVolta | 135.04 Mn | 123.56 Mn | 927,823.00 | 0.02 |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 0.02 |
| Dec 31, 2025 | 0.35 |
| Sep 30, 2025 | 0.57 |
| Jun 30, 2025 | 0.44 |
| Mar 31, 2025 | 0.88 |
| Dec 31, 2024 | 1.24 |