NKWFF (Oceanic Wind Energy) Debt-to-Equity: 0.00 (As of Mar. 2026)

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What is Oceanic Wind Energy Debt-to-Equity?

Oceanic Wind Energy NKWFF Debt-to-Equity is 0.00 as of Mar. 2026. The stock has 2 warning signs investors should review. Among 401 Utilities - Independent Power Producers companies, Oceanic Wind Energy ranks worse than 249376.31% on this metric.

Oceanic Wind Energy's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Oceanic Wind Energy's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. Oceanic Wind Energy's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $0.50 Mil. Oceanic Wind Energy's debt to equity for the quarter that ended in Mar. 2026 was 0.00.

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

During the past 13 years, the highest Debt-to-Equity Ratio of Oceanic Wind Energy was 0.10. The lowest was -0.48. And the median was -0.04.

NKWFF's Debt-to-Equity is not ranked *
in the Utilities - Independent Power Producers industry.
Industry Median: 0.84
* Ranked among companies with meaningful Debt-to-Equity only.

Oceanic Wind Energy  (OTCPK:NKWFF) 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.

Oceanic Wind Energy Debt-to-Equity Related Terms

Oceanic Wind Energy Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Oceanic Wind Energy'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.

Oceanic Wind Energy Debt-to-Equity Chart

Oceanic Wind Energy Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.04 -0.04 -0.48 0.00

Oceanic Wind Energy Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 0.00 0.00 0.00 0.00 0.00

Oceanic Wind Energy Debt-to-Equity Competitor Comparison

For the Utilities - Renewable subindustry, Oceanic Wind Energy'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.

Oceanic Wind Energy Debt-to-Equity vs Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Oceanic Wind Energy's Debt-to-Equity distribution charts can be found below:

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


Oceanic Wind Energy Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Oceanic Wind Energy's Debt to Equity Ratio for the fiscal year that ended in Sep. 2025 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0.634
=0.00

Oceanic Wind Energy's Debt to Equity Ratio for the quarter that ended in Mar. 2026 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0 + 0) / 0.504
=0.00

* 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 0.00 mean?
Oceanic Wind Energy (NKWFF) has a Debt-to-Equity of 0.00 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Oceanic Wind Energy and its competitors. According to the industry distribution chart, Oceanic Wind Energy ranks #999999 out of 401 companies in the Utilities - Independent Power Producers industry.
Is Oceanic Wind Energy's Debt-to-Equity too high?
Oceanic Wind Energy's current Debt-to-Equity is 0.00. Based on the distribution chart, Oceanic Wind Energy ranks #999999 out of 401 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers.
How does Oceanic Wind Energy's Debt-to-Equity compare to competitors?
According to the Utilities - Independent Power Producers industry distribution chart, Oceanic Wind Energy ranks #999999 out of 401 companies for Debt-to-Equity. This places Oceanic Wind Energy in the lower half of its industry. The industry median Debt-to-Equity is 0.84. 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 Utilities - Independent Power Producers company?
The median Debt-to-Equity among Utilities - Independent Power Producers companies is 0.84, based on 401 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 Oceanic Wind Energy and its competitors. For the Utilities - Independent Power Producers industry, the median Debt-to-Equity is 0.84 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Oceanic Wind Energy's current Debt-to-Equity is 0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Oceanic Wind Energy stock overvalued right now?
Oceanic Wind Energy (NKWFF) has a current Debt-to-Equity of 0.00. The current Debt-to-Equity is 0.00. 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 Oceanic Wind Energy (NKWFF), the current Debt-to-Equity is 0.00 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.

Oceanic Wind Energy Business Description

Other Exchanges NKW.H:Canada
Address 355 Burrard Street, Suite 1000, Vancouver, BC, CAN, V6C 2G8
Oceanic Wind Energy Inc is engaged in the development of renewable energy projects. The company is developing an offshore wind project on the north coast of British Columbia in Hecate Strait.