Ocean Power Technologies (OPTT) Debt Ratio (2011 - 2026)

Ocean Power Technologies' (OPTT) quarterly Debt Ratio came in at 0.05 in Q1 2026, up 240.43% quarter-over-quarter from 0.02 in Q3 2025.

Ocean Power Technologies (OPTT) Debt Ratio (2011 - 2026) Analysis & Trends

Ocean Power Technologies has disclosed Debt Ratio across 16 years of filings, most recently posting 0.05 for Q1 2026.

  • Debt Ratio for Q1 2026 came in at 0.05, changed N/A year-over-year; the trailing twelve-month figure through Jan 2026 was 0.05 (changed N/A YoY), and the FY2023 annual result was 0.02, up 120.97% from the prior year.
  • Debt Ratio came in at 0.05 for Q1 2026 at Ocean Power Technologies, up from 0.02 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.05 in Q1 2026 to a low of 0.01 in Q4 2022.
  • The 5-year median for Debt Ratio is 0.02 (2022), against an average of 0.02.
  • Peak annual rise in Debt Ratio reached 237.45% in 2023, while the deepest fall reached 27.01% in 2023.
  • Ocean Power Technologies' Debt Ratio stood at 0.01 in 2022, then jumped by 237.45% to 0.03 in 2023, then increased by 11.35% to 0.03 in 2024, then tumbled by 50.41% to 0.02 in 2025, then soared by 240.43% to 0.05 in 2026.
  • The last three Debt Ratio figures came in at 0.05 (Q1 2026), 0.02 (Q3 2025), and 0.03 (Q1 2024), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 GE Vernova 251.14 Bn 242.11 Bn 1.78 Bn 0.04
2 Eaton 153.70 Bn 153.00 Bn 2.65 Bn 0.38
3 Parker-Hannifin 111.44 Bn 110.97 Bn 2.02 Bn 0.31
4 Cummins 90.06 Bn 87.33 Bn 2.24 Bn 0.20
5 Emerson Electric 77.51 Bn 75.74 Bn 2.42 Bn 0.32
6 Illinois Tool Works 72.86 Bn 72.03 Bn 1.76 Bn 0.56
7 Ametek 51.86 Bn 51.38 Bn 717.56 Mn 0.13
8 Rockwell Automation 50.08 Bn 49.71 Bn 1.13 Bn 0.33
9 Dover 28.99 Bn 27.35 Bn 798.14 Mn 0.24
10 Ocean Power Technologies 56.95 Mn 49.89 Mn -755,000.00 0.05

Historic Data

Download Data
DateValue
Jan 31, 2026 0.05
Jul 31, 2025 0.02
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 0.01
Jan 31, 2022 0.02
Apr 30, 2021 0.01
Jan 31, 2021 0.01
Oct 31, 2020 0.05
Jul 31, 2020 0.06
Apr 30, 2019 0.00
Jan 31, 2019 0.00
Oct 31, 2018 0.01
Jul 31, 2018 0.01
Apr 30, 2018 0.01