Latest debt-to-equity ratio for Purple Innovation: -3.59 — see history and peer comparisons.
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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, PRPL shows a debt-to-equity ratio of -3.59. That is below the Industrials sector average of 1.33. Scroll down for historical charts and peer comparison views.
The Industrials sector average debt-to-equity ratio is about 1.33. Purple Innovation is at -3.59, which is lower that average. That is roughly 370.2% below the sector mean. Use the comparison chart on this page to see how PRPL stacks up against individual peers as well.
Investors watch PRPL's debt-to-equity ratio because it compresses price and fundamentals into one number that is easy to compare across companies and over time. Purple Innovation's latest reading is -3.59. Combining that with growth, ROE, and debt metrics usually beats relying on a single multiple.
Besides this debt-to-equity ratio page, Stockcircle has Purple Innovation'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 -3.59) with ownership activity and broader fundamentals.
The Industrials average debt-to-equity ratio is about 1.33, while PRPL is at -3.59. Typical ranges vary by sub-industry, so always sanity-check against the closest competitors, not just the whole sector bucket.