Valuation check: FOXY's debt-to-equity ratio is 111.7, above the sector sector average of 0.2.
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Debt-to-Equity ratio measures a company's financial leverage by comparing its total debt to shareholder equity. A lower D/E ratio generally indicates a more financially stable company with less risk.
As of the most recent data, FOXY shows a debt-to-equity ratio of 111.7. That is above the sector sector average of 0.2. Scroll down for historical charts and peer comparison views.
The its sector sector average debt-to-equity ratio is about 0.2. Simplify Currency Strategy ETF is at 111.7, which is higher that average. That is roughly 55539.0% above the sector mean. Use the comparison chart on this page to see how FOXY stacks up against individual peers as well.
Investors watch FOXY's debt-to-equity ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Simplify Currency Strategy ETF's latest reading is 111.7. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this debt-to-equity ratio page, Stockcircle has Simplify Currency Strategy ETF's full stock overview, other financial metrics, insider and congress trade tabs, and tools to follow the stock. Together they help you connect debt-to-equity ratio (currently 111.7) with ownership activity and broader fundamentals.