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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 Greenwave Technology Solutions's Debt-to-Equity or its related term are showing as below:
GWAV'
s Debt-to-Equity Range Over the Past 10 Years
Min: -121.64 Med: -0.07 Max: 23.37
Current: 0.54
During the past 13 years, the highest Debt-to-Equity Ratio of Greenwave Technology Solutions was 23.37. The lowest was -121.64. And the median was -0.07.
GWAV's Debt-to-Equity is ranked better than 52.31% of 216
companies
in the Waste Management industry
Industry Median: 0.595
vs GWAV: 0.54
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.
Greenwave Technology Solutions Debt-to-Equity Related Terms
Greenwave Technology Solutions Debt-to-Equity Historical Data
* 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.
GWAV vs CDTG, SNRG, WAST: Debt-to-Equity Comparison
For the Waste Management subindustry, Greenwave Technology Solutions'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.
Greenwave Technology Solutions Debt-to-Equity vs Waste Management Industry
For the Waste Management industry and Industrials sector, Greenwave Technology Solutions's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Greenwave Technology Solutions's Debt-to-Equity falls into.
* 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.
Greenwave Technology Solutions (GWAV) has a Debt-to-Equity of 0.54 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Greenwave Technology Solutions and its competitors. According to the industry distribution chart, Greenwave Technology Solutions ranks #103 out of 216 companies in the Waste Management industry, placing it in the top 47.7%.
Is Greenwave Technology Solutions' Debt-to-Equity too high?
Greenwave Technology Solutions' current Debt-to-Equity is 0.54. The Waste Management industry median Debt-to-Equity is 0.60. Greenwave Technology Solutions' value of 0.54 is 9.2% below this industry median. Based on the distribution chart, Greenwave Technology Solutions ranks #103 out of 216 companies in the Waste Management industry, which is above the industry midpoint. Overall, Greenwave Technology Solutions has a GF Score™ of 45/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Greenwave Technology Solutions' Debt-to-Equity compare to CDTG and SNRG?
According to the Waste Management industry distribution chart, Greenwave Technology Solutions ranks #103 out of 216 companies for Debt-to-Equity. This puts Greenwave Technology Solutions in the upper half of its industry. The industry median Debt-to-Equity is 0.60. Greenwave Technology Solutions' value of 0.54 is 9.2% below this benchmark. 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 Waste Management company?
The median Debt-to-Equity among Waste Management companies is 0.60, based on 216 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. Greenwave Technology Solutions's current Debt-to-Equity of 0.54 is 9.2% below 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 Greenwave Technology Solutions and its competitors. For the Waste Management industry, the median Debt-to-Equity is 0.60 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Greenwave Technology Solutions's current Debt-to-Equity is 0.54. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenwave Technology Solutions stock overvalued right now?
Based on GuruFocus' analysis, Greenwave Technology Solutions (GWAV) is currently considered Modestly Undervalued. The stock's GF Value™ is $4.67, compared to a current price of $4.10 — trading 12.2% below its estimated fair value. The current Debt-to-Equity is 0.54 and 9.2% below the Waste Management industry median of 0.60. Greenwave Technology Solutions' overall GF Score™ is 45/100 with 6 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 Greenwave Technology Solutions (GWAV), the current Debt-to-Equity is 0.54 as of Mar. 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 Greenwave Technology Solutions (GWAV) Overvalued in 2026?
Based on GuruFocus' analysis, Greenwave Technology Solutions stock appears to be undervalued.
The current stock price of $4.10 is trading 12.2% below its estimated GF Value™ of $4.67.
GuruFocus considers Greenwave Technology Solutions to be Modestly Undervalued.
Key valuation signals for GWAV:
Debt-to-Equity: 0.54
GF Value™: $4.67 vs. price of $4.10 (12.2% below fair value)
Industry Position: 9.2% below the Waste Management median (#103 of 216)
No single metric tells the full story. See the GWAV stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Greenwave Technology Solutions Inc through its subsidiary, is an operator of several metal recycling facilities in Virginia, Ohio, & North Carolina. At these facilities, the company collects, classifies, & processes appliances, construction materials, end-of-life vehicles, boats, & industrial machinery. The company processes these items by crushing, shearing, shredding, separating, & sorting into smaller pieces & categorizes these recycled ferrous, nonferrous, & mixed metal pieces based on density & metal type before sale. For scrap cars, it removes the catalytic converters, aluminum wheels, & batteries for separate processing & sale before shredding the vehicle. The company is organized into three operating segments: Scrap Metal Recycling, Hauling, & Other (comprised of rental income).
45GF Score
Get the complete analysis for GWAV
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