The lowest net debt over equity

Net debt over equity

Ranked from the filings of the companies this site has read, under . 50 of them report a figure for this; the rest are absent rather than ranked last, because a filing that does not carry a number is not a company that scores badly on it.

#CompanyNet debt / Eq
1 Agora, Inc. API 0.00x
2 SUBSEA 7 S.A. SUBC.OL 0.00x
3 AVISTA CORP AVA 0.00x
4 OR ROYALTIES INC. OR 0.00x
5 SOPRA STERIA GROUP SOP.PA 0.00x
6 A. O. Smith Corporation AOS 0.01x
7 MANITOU BF MTU.PA 0.01x
8 BROOKFIELD CORPORATION BN 0.01x
9 SoFi Technologies, Inc. SOFI 0.02x
10 3I GROUP PLC IGQ.F 0.02x
11 FLANIGAN’S ENTERPRISES, INC. BDL 0.03x
12 COLUMBUS A/S COLUM.CO 0.03x
13 SMCP SFC.F 0.04x
14 QUHUO Ltd QH 0.04x
15 BlackRock, Inc. BLK 0.04x
16 ALBEMARLE CORPORATION ALB 0.04x
17 Enact Holdings, Inc. ACT 0.05x
18 Outokumpu Oyj OUT1V.HE 0.05x
19 City Service SE CTS.WA 0.05x
20 AMAZON COM INC AMZN 0.05x
21 ALLSTATE CORP ALL 0.05x
22 ALAMO GROUP INC. ALG 0.06x
23 HusCompagniet A/S HUSCO.CO 0.06x
24 Marvell Technology, Inc. MRVL 0.06x
25 ServiceNow, Inc. NOW 0.06x
26 BOLIDEN AB BOL.ST 0.06x
27 Academy Sports and Outdoors, Inc. ASO 0.07x
28 PayPal Holdings, Inc. PYPL 0.08x
29 AMERICAN FINANCIAL GROUP, INC. AFG 0.08x
30 APPLIED INDUSTRIAL TECHNOLOGIES, INC. AIT 0.08x
31 INTUIT INC. INTU 0.08x
32 Ardmore Shipping Corp ASC 0.09x
33 Etteplan Oyj ETTE.HE 0.09x
34 ADOBE INC. ADBE 0.09x
35 Digia Oyj DIGIA.HE 0.09x
36 EXMAR EXM.BR 0.09x
37 NETFLIX INC NFLX 0.09x
38 Boise Cascade Company BCC 0.09x
39 ACKERMANS & VAN HAAREN ACKB.BR 0.10x
40 Qorvo, Inc. QRVO 0.10x
41 ACUITY INC. AYI 0.10x
42 DUPONT DE NEMOURS, INC. DD 0.10x
43 SHAFTESBURY CAPITAL PLC SHC.L 0.10x
44 TARGET HOSPITALITY CORP. TH 0.10x
45 ASSURED GUARANTY LTD. AGO 0.10x
46 KIMBALL ELECTRONICS, INC. KE 0.11x
47 Chubb Limited CB 0.11x
48 Knowles Corporation KN 0.12x
49 Metsä Board Oyj METSB.HE 0.12x
50 AUTOMATIC DATA PROCESSING, INC. ADP 0.12x

How this measure is worked out

Net debt ÷ shareholders' equity

Debt after cash has been netted off, against the owners' book value. Zero for a company with net cash, which most of a cash-rich list will be.

low is good; the same question as debt payback asked of the balance sheet rather than of the cash flow, so it still reads for a company burning cash. Net cash earns the top mark, which most of a cash-rich list will

More about Net debt / Eq, and the XBRL tags behind it

What this ranking is not

It is not advice, and a high place is not a recommendation. A company can lead on one measure and fail on every other; that is the reason this site scores five dimensions rather than one and lets you weigh them yourself.

It also ranks only what has been read. A company whose filings are not in this database cannot appear here however well it would have done, and a company whose filing does not tag this figure is absent rather than last.

Worked out on 2026-08-24.

Every other measure ranked · All 61 measures explained