Coda Octopus Group Debt-to-Equity Ratio Growth & History (CODA)
Coda Octopus Group's debt-to-equity ratio was 0.01 for fiscal 2025.
View full Coda Octopus Group company overviewCoda Octopus Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-10-31 | 0.01 | −0.00 | −12.62% |
| 2024 | 2024-10-31 | 0.01 | 0.01 | — |
| 2023 | 2023-10-31 | 0.00 | — | — |
| 2021 | 2021-10-31 | 0.00 | −0.02 | −90.71% |
| 2020 | 2020-10-31 | 0.02 | −0.02 | −51.84% |
| 2019 | 2019-10-31 | 0.03 | −0.03 | −44.65% |
| 2018 | 2018-10-31 | 0.06 | −0.46 | −88.13% |
| 2017 | 2017-10-31 | 0.53 | — | — |
Coda Octopus Group quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-04-30 | 0.01 | −0.00 | −17.00% |
| Q1 2026 | 2026-01-31 | 0.01 | −0.00 | −9.53% |
| Q4 2025 | 2025-10-31 | 0.01 | −0.00 | −12.62% |
| Q3 2025 | 2025-07-31 | 0.01 | — | — |
| Q2 2025 | 2025-04-30 | 0.01 | — | — |
| Q1 2025 | 2025-01-31 | 0.01 | — | — |
| Q4 2024 | 2024-10-31 | 0.01 | — | — |
| Q4 2020 | 2020-10-31 | 0.02 | −0.02 | −51.84% |
| Q4 2019 | 2019-10-31 | 0.03 | −0.03 | −44.65% |
| Q4 2018 | 2018-10-31 | 0.06 | −0.46 | −88.13% |
| Q4 2017 | 2017-10-31 | 0.53 | — | — |
Coda Octopus Group debt-to-equity ratio trends
Over the last five fiscal years, Coda Octopus Group's debt-to-equity ratio decreased from 0.02 to 0.01, a change of −0.01. The latest reported quarter, Q2 2026, shows 0.01.
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.
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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