BLIS (NAPC Defense) Debt-to-Equity: -0.91 (As of Jan. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is NAPC Defense Debt-to-Equity?

NAPC Defense BLIS -16.67% Debt-to-Equity is -0.91 as of Jan. 2026. The stock has 4 warning signs investors should review. Among 313 Aerospace & Defense companies, NAPC Defense ranks worse than 319488.5% on this metric.

NAPC Defense's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was $1.42 Mil. NAPC Defense's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jan. 2026 was $0.05 Mil. NAPC Defense's Total Stockholders Equity for the quarter that ended in Jan. 2026 was $-1.61 Mil. NAPC Defense's debt to equity for the quarter that ended in Jan. 2026 was -0.91.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for NAPC Defense's Debt-to-Equity or its related term are showing as below:

BLIS' s Debt-to-Equity Range Over the Past 10 Years
Min: -155.75   Med: -0.32   Max: 5.5
Current: -0.91

During the past 9 years, the highest Debt-to-Equity Ratio of NAPC Defense was 5.50. The lowest was -155.75. And the median was -0.32.

BLIS's Debt-to-Equity is not ranked
in the Aerospace & Defense industry.
Industry Median: 0.33 vs BLIS: -0.91

NAPC Defense  (OTCPK:BLIS) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


NAPC Defense Debt-to-Equity Related Terms


NAPC Defense Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for NAPC Defense's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NAPC Defense Debt-to-Equity Chart

NAPC Defense Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only 0.13 -0.97 -0.87 0.86 -0.78

NAPC Defense Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.34 -0.78 -0.93 -0.89 -0.91

BLIS vs KITT, BRQL, DFNS: Debt-to-Equity Comparison

For the Aerospace & Defense subindustry, NAPC Defense's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NAPC Defense Debt-to-Equity vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, NAPC Defense's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where NAPC Defense's Debt-to-Equity falls into.



NAPC Defense Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

NAPC Defense's Debt to Equity Ratio for the fiscal year that ended in Apr. 2025 is calculated as

NAPC Defense's Debt to Equity Ratio for the quarter that ended in Jan. 2026 is calculated as

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of -0.91 mean?
NAPC Defense (BLIS) has a Debt-to-Equity of -0.91 as of Jan. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NAPC Defense and its competitors. According to the industry distribution chart, NAPC Defense ranks #999999 out of 313 companies in the Aerospace & Defense industry.
Is NAPC Defense's Debt-to-Equity too high?
NAPC Defense's current Debt-to-Equity is -0.91. Based on the distribution chart, NAPC Defense ranks #999999 out of 313 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers.
How does NAPC Defense's Debt-to-Equity compare to KITT and BRQL?
According to the Aerospace & Defense industry distribution chart, NAPC Defense ranks #999999 out of 313 companies for Debt-to-Equity. This places NAPC Defense in the lower half of its industry. The industry median Debt-to-Equity is 0.33. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Aerospace & Defense company?
The median Debt-to-Equity among Aerospace & Defense companies is 0.33, based on 313 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on NAPC Defense and its competitors. For the Aerospace & Defense industry, the median Debt-to-Equity is 0.33 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. NAPC Defense's current Debt-to-Equity is -0.91. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NAPC Defense stock overvalued right now?
NAPC Defense (BLIS) has a current Debt-to-Equity of -0.91. The current Debt-to-Equity is -0.91. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For NAPC Defense (BLIS), the current Debt-to-Equity is -0.91 as of Jan. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

NAPC Defense Business Description

Address 4910 Creekside Orive, Suite K, Clearwater, FL, USA, 33760
NAPC Defense Inc is engaged in activities in the defense and security industries, including weapons systems, tactical platforms such as CornerShot, and other technologies designed for use by military, paramilitary, and law enforcement agencies.