Arts Way Manufacturing annual debt-to-equity ratio
2010
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2025
Arts Way Manufacturing Debt-to-Equity Ratio Growth & History (ARTW)
Arts Way Manufacturing's debt-to-equity ratio was 0.24 for fiscal 2025.
View full Arts Way Manufacturing company overviewArts Way Manufacturing annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-11-30 | 0.24 | 0.00 | +0.10% |
| 2024 | 2024-11-30 | 0.24 | −0.08 | −26.31% |
| 2023 | 2023-11-30 | 0.32 | 0.01 | +2.74% |
| 2022 | 2022-11-30 | 0.31 | 0.03 | +8.92% |
| 2021 | 2021-11-30 | 0.29 | 0.00 | +0.32% |
| 2020 | 2020-11-30 | 0.29 | 0.08 | +38.59% |
| 2019 | 2019-11-30 | 0.21 | −0.00 | −2.10% |
| 2018 | 2018-11-30 | 0.21 | 0.03 | +13.60% |
| 2017 | 2017-11-30 | 0.19 | 0.00 | +1.59% |
| 2016 | 2016-11-30 | 0.18 | −0.09 | −33.70% |
| 2015 | 2015-11-30 | 0.28 | −0.10 | −26.61% |
| 2014 | 2014-11-30 | 0.38 | −0.03 | −8.12% |
| 2013 | 2013-11-30 | 0.41 | −0.09 | −17.54% |
| 2012 | 2012-11-30 | 0.50 | 0.06 | +13.15% |
| 2011 | 2011-11-30 | 0.44 | −0.08 | −15.73% |
| 2010 | 2010-11-30 | 0.52 | — | — |
Arts Way Manufacturing quarterly debt-to-equity ratio
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-05-31 | 0.21 | −0.02 | −8.87% |
| Q1 2026 | 2026-02-28 | 0.23 | −0.04 | −15.03% |
| Q4 2025 | 2025-11-30 | 0.24 | 0.00 | +0.10% |
| Q3 2025 | 2025-08-31 | 0.19 | −0.12 | −37.87% |
| Q2 2025 | 2025-05-31 | 0.23 | −0.09 | −27.07% |
| Q1 2025 | 2025-02-28 | 0.27 | −0.01 | −3.29% |
| Q4 2024 | 2024-11-30 | 0.24 | −0.08 | −26.31% |
| Q3 2024 | 2024-08-31 | 0.31 | 0.00 | +0.11% |
| Q2 2024 | 2024-05-31 | 0.32 | −0.02 | −6.20% |
| Q1 2024 | 2024-02-29 | 0.27 | −0.05 | −15.32% |
| Q4 2023 | 2023-11-30 | 0.32 | 0.01 | +2.74% |
| Q3 2023 | 2023-08-31 | 0.31 | −0.05 | −12.75% |
| Q2 2023 | 2023-05-31 | 0.34 | −0.01 | −2.86% |
| Q1 2023 | 2023-02-28 | 0.32 | 0.03 | +9.95% |
| Q4 2022 | 2022-11-30 | 0.31 | 0.03 | +8.92% |
| Q3 2022 | 2022-08-31 | 0.36 | 0.07 | +25.25% |
| Q2 2022 | 2022-05-31 | 0.35 | 0.07 | +23.01% |
| Q1 2022 | 2022-02-28 | 0.29 | 0.00 | +0.76% |
| Q4 2021 | 2021-11-30 | 0.29 | 0.00 | +0.32% |
| Q3 2021 | 2021-08-31 | 0.28 | −0.11 | −28.52% |
| Q2 2021 | 2021-05-31 | 0.29 | −0.06 | −16.64% |
| Q1 2021 | 2021-02-28 | 0.29 | 0.08 | +35.71% |
| Q4 2020 | 2020-11-30 | 0.29 | 0.08 | +38.59% |
| Q3 2020 | 2020-08-31 | 0.40 | 0.19 | +93.22% |
| Q2 2020 | 2020-05-31 | 0.34 | 0.14 | +68.96% |
| Q1 2020 | 2020-02-29 | 0.22 | 0.02 | +7.65% |
| Q4 2019 | 2019-11-30 | 0.21 | −0.00 | −2.10% |
| Q3 2019 | 2019-08-31 | 0.21 | — | — |
| Q2 2019 | 2019-05-31 | 0.20 | 0.01 | +7.35% |
| Q1 2019 | 2019-02-28 | 0.20 | 0.01 | +5.96% |
| Q4 2018 | 2018-11-30 | 0.21 | 0.03 | +13.60% |
| Q2 2018 | 2018-05-31 | 0.19 | 0.02 | +12.11% |
| Q1 2018 | 2018-02-28 | 0.19 | 0.01 | +8.14% |
| Q4 2017 | 2017-11-30 | 0.19 | 0.00 | +1.59% |
| Q3 2017 | 2017-08-31 | 0.16 | −0.03 | −14.92% |
| Q2 2017 | 2017-05-31 | 0.17 | −0.06 | −27.59% |
| Q1 2017 | 2017-02-28 | 0.17 | −0.07 | −28.51% |
| Q4 2016 | 2016-11-30 | 0.18 | −0.09 | −33.70% |
| Q3 2016 | 2016-08-31 | 0.18 | −0.15 | −45.15% |
| Q2 2016 | 2016-05-31 | 0.23 | −0.11 | −31.11% |
| Q1 2016 | 2016-02-29 | 0.24 | −0.12 | −32.10% |
| Q4 2015 | 2015-11-30 | 0.28 | −0.10 | −26.61% |
| Q3 2015 | 2015-08-31 | 0.34 | −0.06 | −16.05% |
| Q2 2015 | 2015-05-31 | 0.34 | −0.09 | −21.12% |
| Q1 2015 | 2015-02-28 | 0.36 | −0.04 | −9.56% |
| Q4 2014 | 2014-11-30 | 0.38 | −0.03 | −8.12% |
| Q3 2014 | 2014-08-31 | 0.40 | −0.02 | −5.01% |
| Q2 2014 | 2014-05-31 | 0.43 | −0.01 | −2.82% |
| Q1 2014 | 2014-02-28 | 0.40 | −0.06 | −13.17% |
| Q4 2013 | 2013-11-30 | 0.41 | −0.09 | −17.54% |
| Q3 2013 | 2013-08-31 | 0.42 | −0.10 | −18.48% |
| Q2 2013 | 2013-05-31 | 0.44 | −0.12 | −21.84% |
| Q1 2013 | 2013-02-28 | 0.46 | 0.04 | +8.70% |
| Q4 2012 | 2012-11-30 | 0.50 | 0.06 | +13.15% |
| Q3 2012 | 2012-08-31 | 0.52 | 0.06 | +13.56% |
| Q2 2012 | 2012-05-31 | 0.57 | — | — |
| Q1 2012 | 2012-02-29 | 0.42 | — | — |
| Q4 2011 | 2011-11-30 | 0.44 | −0.08 | −15.73% |
| Q3 2011 | 2011-08-31 | 0.45 | — | — |
| Q4 2010 | 2010-11-30 | 0.52 | — | — |
Arts Way Manufacturing debt-to-equity ratio trends
Over the last five fiscal years, Arts Way Manufacturing's debt-to-equity ratio decreased from 0.29 to 0.24, a change of −0.05. The latest reported quarter, Q2 2026, shows 0.21.
About the metric
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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