Debt Check · Intermediate · Pro filter
Debt-to-Equity 10Y avg: what it means and how to read it
Average debt-to-equity over 10 years.
What is Debt-to-Equity 10Y avg?
Average debt-to-equity over 10 years.
A worked example
Debt to equity of 0.2 today against a ten-year average of 1.1 says the company has been paying down borrowings. The reverse says it has been loading up.
Why does Debt-to-Equity 10Y avg matter?
Shows whether the company has stayed careful with borrowing over a full cycle.
How do you read Debt-to-Equity 10Y avg?
Lower is safer.
Lower is usually better.
What is a typical Debt-to-Equity 10Y avg in India today?
The median across the 3261 listed companies that report it, as of 12 Oct 2026. Half sit above each figure and half below.
By company size
Median
Large Cap · 83 companies0.42
Mid Cap · 128 companies0.37
Small Cap · 3050 companies0.43
By industry
Median, largest industries first
Pharmaceuticals · 1330.39
Computers - Software & Consulting · 580.13
Refineries & Marketing · 81.04
Non Banking Financial Company (NBFC) · 471.11
Power Generation · 241.55
Auto Components & Equipments · 850.53
Cement & Cement Products · 290.69
Civil Construction · 970.73
Iron & Steel · 100.72
2/3 Wheelers · 80.28
Compare a company with its own industry before the whole market. Every industry, and each company's rank within it, is in the screener.