Ocean Power Technologies (OPTT) Debt Ratio (2016 - 2026)
Ocean Power Technologies (OPTT) has disclosed Debt Ratio for 16 consecutive years, with 0.05 as the latest value for Q1 2026.
- Quarterly Debt Ratio changed N/A to 0.05 in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 0.05 through Jan 2026, changed N/A year-over-year, with the annual reading at 0.02 for FY2023, 120.97% up from the prior year.
- Debt Ratio hit 0.05 in Q1 2026 for 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.
- Historically, Debt Ratio has averaged 0.02 across 5 years, with a median of 0.02 in 2022.
- Biggest YoY gain for Debt Ratio was 237.45% in 2023; the steepest drop was 27.01% in 2023.
- Year by year, Debt Ratio stood at 0.01 in 2022, then soared by 237.45% to 0.03 in 2023, then grew by 11.35% to 0.03 in 2024, then plummeted by 50.41% to 0.02 in 2025, then surged by 240.43% to 0.05 in 2026.
- Business Quant data shows Debt Ratio for OPTT at 0.05 in Q1 2026, 0.02 in Q3 2025, and 0.03 in Q1 2024.