Wavestone Debt-to-Equity Ratio Growth & History (WAVE)
Wavestone's debt-to-equity ratio was 0.03 for fiscal 2026.
View full Wavestone company overviewWavestone annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-03-31 | 0.03 | −0.10 | −77.39% |
| 2025 | 2025-03-31 | 0.13 | −0.02 | −13.76% |
| 2024 | 2024-03-31 | 0.15 | −0.05 | −25.58% |
| 2023 | 2023-03-31 | 0.20 | −0.06 | −22.43% |
| 2022 | 2022-03-31 | 0.26 | −0.16 | −38.81% |
| 2021 | 2021-03-31 | 0.42 | — | — |
Wavestone quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-03-31 | 0.03 | −0.10 | −77.39% |
| Q2 2026 | 2025-09-30 | 0.06 | — | — |
| Q4 2025 | 2025-03-31 | 0.13 | — | — |
Wavestone debt-to-equity ratio trends
Over the last five fiscal years, Wavestone's debt-to-equity ratio decreased from 0.42 to 0.03, a change of −0.39. The latest reported quarter, Q4 2026, shows 0.03.
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 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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