Ocean Power Technologies (OPTT) Debt Ratio (2011 - 2024)
Ocean Power Technologies (OPTT) reported Debt Ratio of 0.03 for Q1 2024, up 111.82% on a YoY basis from 0.01 in Q1 2023, and up 11.35% sequentially from 0.03 in Q4 2023.
Ocean Power Technologies (OPTT) Debt Ratio (2011 - 2024) Analysis & Trends
Ocean Power Technologies (OPTT) has 14 years of Debt Ratio data on file, last reported at 0.03 in Q1 2024.
- For the quarter ending Q1 2024, Debt Ratio rose 111.82% year-over-year to 0.03; the trailing twelve-month figure through Jan 2024 stood at 0.03 (up 111.82% YoY), and the FY2023 full-year result was 0.02, up 403.91% from the prior year.
- Debt Ratio climbed to 0.03 in Q1 2024, from 0.03 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.03 in Q1 2024 to a low of 0.0 in Q1 2021.
- A 5-year average of 0.01 and a median of 0.01 in 2020 frame the typical range for Debt Ratio.
- Across the five-year window, Debt Ratio tumbled 72.16% in 2021 and surged 861.78% in 2022, its largest moves.
- Tracing OPTT's Debt Ratio over 5 years: stood at 0.02 in 2020, then plunged by 71.32% to 0.0 in 2021, then surged by 55.56% to 0.01 in 2022, then surged by 318.9% to 0.03 in 2023, then grew by 11.35% to 0.03 in 2024.
- Business Quant data shows OPTT's Debt Ratio at 0.03 in Q1 2024, 0.03 in Q4 2023, and 0.02 in Q3 2023.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | GE Vernova | 270.93 Bn | 257.81 Bn | 2.36 Bn | 0.03 |
| 2 | Eaton | 156.55 Bn | 155.79 Bn | 2.65 Bn | 0.38 |
| 3 | Parker-Hannifin | 124.04 Bn | 123.57 Bn | 2.02 Bn | 0.31 |
| 4 | Cummins | 91.66 Bn | 88.48 Bn | 2.24 Bn | 0.20 |
| 5 | Emerson Electric | 82.90 Bn | 81.11 Bn | 2.42 Bn | 0.32 |
| 6 | Illinois Tool Works | 81.54 Bn | 80.71 Bn | 1.76 Bn | 0.56 |
| 7 | Ametek | 55.40 Bn | 54.92 Bn | 717.56 Mn | 0.13 |
| 8 | Rockwell Automation | 51.78 Bn | 51.35 Bn | 1.13 Bn | 0.33 |
| 9 | Ingersoll Rand | 32.99 Bn | 31.71 Bn | 792.40 Mn | 0.26 |
| 10 | Ocean Power Technologies | 29.32 Mn | 22.22 Mn | -755,000.00 | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jan 31, 2024 | 0.03 |
| Oct 31, 2023 | 0.03 |
| Jul 31, 2023 | 0.02 |
| Apr 30, 2023 | 0.02 |
| Jan 31, 2023 | 0.01 |
| Oct 31, 2022 | 0.01 |
| Jul 31, 2022 | 0.01 |
| Apr 30, 2022 | 0.00 |
| Jan 31, 2022 | 0.02 |
| Oct 31, 2021 | 0.00 |
| Jul 31, 2021 | 0.00 |
| Apr 30, 2021 | 0.01 |
| Jan 31, 2021 | 0.00 |
| Oct 31, 2020 | 0.02 |
| Jul 31, 2020 | 0.01 |
| Apr 30, 2020 | 0.02 |
| Oct 31, 2019 | 0.01 |
| Jul 31, 2019 | 0.01 |
| Apr 30, 2019 | 0.01 |
| Jan 31, 2019 | 0.09 |