EFOI (Energy Focus) Debt-to-Equity: 0.32 (As of Jun. 2026) — 53% Below Median

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Director of Data and Quant Analytics at GuruFocus
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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.

EFOI Energy Focus Inc EFOI
43 GF Score
Price $2.80
GF Value $1.35
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is Energy Focus Debt-to-Equity?

Energy Focus EFOI -4.11% 43 Debt-to-Equity is 0.32 as of Jun. 2026, which is 53% below its 10-year median of 0.68. GuruFocus rates EFOI with a GF Score™ of 43/100 and a GF Value™ of $1.35 (Significantly Overvalued). The stock has 3 warning signs investors should review. Among 379 Furnishings, Fixtures & Appliances companies, Energy Focus ranks better than 50.66% on this metric.

Energy Focus's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $1.06 Mil. Energy Focus's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $0.00 Mil. Energy Focus's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $3.34 Mil. Energy Focus's debt to equity for the quarter that ended in Jun. 2026 was 0.32.

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 Energy Focus's Debt-to-Equity or its related term are showing as below:

EFOI' s Debt-to-Equity Range Over the Past 10 Years
Min: -12.8   Med: 0.68   Max: 3.95
Current: 0.32

During the past 13 years, the highest Debt-to-Equity Ratio of Energy Focus was 3.95. The lowest was -12.80. And the median was 0.68.

EFOI's Debt-to-Equity is ranked better than
50.66% of 379 companies
in the Furnishings, Fixtures & Appliances industry
Industry Median: 0.32 vs EFOI: 0.32

Energy Focus  (NAS:EFOI) 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.


Energy Focus Debt-to-Equity Related Terms


Energy Focus Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Energy Focus'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.

Energy Focus Debt-to-Equity Chart

Energy Focus Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.68 -12.80 0.77 0.14 0.05

Energy Focus Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 0.12 0.09 0.05 0.05 0.32

EFOI vs NTZ, MWYN, SNTW: Debt-to-Equity Comparison

For the Furnishings, Fixtures & Appliances subindustry, Energy Focus'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.


Energy Focus Debt-to-Equity vs Furnishings, Fixtures & Appliances Industry

For the Furnishings, Fixtures & Appliances industry and Consumer Cyclical sector, Energy Focus's Debt-to-Equity distribution charts can be found below:

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


EFOI
43GF Score
Energy Focus Inc EFOI
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energy Focus Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Energy Focus's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Energy Focus's Debt to Equity Ratio for the quarter that ended in Jun. 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 0.32 mean?
Energy Focus (EFOI) has a Debt-to-Equity of 0.32 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Energy Focus and its competitors. This is 53% below median its historical median of 0.68. According to the industry distribution chart, Energy Focus ranks #187 out of 379 companies in the Furnishings, Fixtures & Appliances industry, placing it in the top 49.3%.
Is Energy Focus' Debt-to-Equity too high?
Energy Focus' current Debt-to-Equity of 0.32 is 53% below median its 10-year median of 0.68. The Furnishings, Fixtures & Appliances industry median Debt-to-Equity is 0.32. Energy Focus' value of 0.32 is 0% at this industry median. Based on the distribution chart, Energy Focus ranks #187 out of 379 companies in the Furnishings, Fixtures & Appliances industry, which is above the industry midpoint. Overall, Energy Focus has a GF Score™ of 43/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Energy Focus' Debt-to-Equity compare to NTZ and MWYN?
According to the Furnishings, Fixtures & Appliances industry distribution chart, Energy Focus ranks #187 out of 379 companies for Debt-to-Equity. This puts Energy Focus in the upper half of its industry. The industry median Debt-to-Equity is 0.32. Energy Focus' value of 0.32 is 0% at this benchmark. While the company's 10-year median is 0.68 vs. the industry median of 0.32, Energy Focus has consistently been at the industry average. 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 a Furnishings, Fixtures & Appliances company?
The median Debt-to-Equity among Furnishings, Fixtures & Appliances companies is 0.32, based on 379 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. Energy Focus's current Debt-to-Equity of 0.32 is 0% at the industry median. 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 Energy Focus and its competitors. For the Furnishings, Fixtures & Appliances industry, the median Debt-to-Equity is 0.32 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Energy Focus's current Debt-to-Equity is 0.32, which is 53% below median its own 10-year median of 0.68. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energy Focus stock overvalued right now?
Based on GuruFocus' analysis, Energy Focus (EFOI) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.35, compared to a current price of $2.80 — trading 107.4% above its estimated fair value. The current Debt-to-Equity is 0.32, which is 53% below median its 10-year median of 0.68 and 0% at the Furnishings, Fixtures & Appliances industry median of 0.32. Energy Focus' overall GF Score™ is 43/100 with 3 warning signs to review. 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 Energy Focus (EFOI), the current Debt-to-Equity is 0.32 as of Jun. 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.

Is Energy Focus (EFOI) Overvalued in 2026?

Based on GuruFocus' analysis, Energy Focus stock appears to be overvalued. The current stock price of $2.80 is trading 107.4% above its estimated GF Value™ of $1.35. GuruFocus considers Energy Focus to be Significantly Overvalued.

Key valuation signals for EFOI:

  • Debt-to-Equity: 0.32 (53% below median its 10-year median of 0.68)
  • GF Value™: $1.35 vs. price of $2.80 (107.4% above fair value)
  • GF Score™: 43/100 with 3 warning signs
  • Industry Position: 0% at the Furnishings, Fixtures & Appliances median (#187 of 379)

No single metric tells the full story. See the EFOI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Energy Focus Business Description

Address 32000 Aurora Road, Suite B, Solon, OH, USA, 44139
Energy Focus Inc specializes in designing, developing, manufacturing, and selling energy-efficient lighting systems and controls. It provides LED lighting solutions for both commercial and military maritime markets (MMM). Its core products include robust lighting fixtures and lamps for navy and military applications, Energy Storage Systems (ESS), Uninterruptible Power Supply (UPS), and tubular LED (TLED) lighting products, including battery backup units as well as general commercial and maritime lighting fixtures. The company operates in a single business segment that includes the marketing and sale of commercial and MMM lighting products and controls. The company generates a majority of its revenue from the sales of military maritime products in the United States.
43GF Score

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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.80
Price
$1.35
GF Value