Debt-to-Equity Ratio Calculator

The D/E ratio measures financial leverage by comparing total debt to shareholders' equity. A high ratio means the company is largely funded by creditors, increasing risk but potentially amplifying returns. This tool also calculates net D/E (subtracting cash) which is a more practical indicator of leverage.

Total Debt ($) Shareholders' Equity ($) Cash & Equivalents ($) — optional for net D/E

Debt-to-Equity Ratio

Total Debt

Shareholders' Equity

Net D/E (less cash)

Debt Ratio (Debt/Assets)