OCC (Optical Cable) Debt-to-Equity: 0.45 (As of Apr. 2026) — Near Median

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Director of Data and Quant Analytics at GuruFocus
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Charlie Tian
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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.

OCC Optical Cable Corp OCC
46 GF Score
Price $14.85
GF Value $3.21
Valuation Significantly Overvalued
! 2 Warning Signs
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What is Optical Cable Debt-to-Equity?

Optical Cable OCC +4.80% 46 Debt-to-Equity is 0.45 as of Apr. 2026, which is 8% below its 10-year median of 0.49. GuruFocus rates OCC with a GF Score™ of 46/100 and a GF Value™ of $3.21 (Significantly Overvalued). The stock has 2 warning signs investors should review. Among 2,218 Hardware companies, Optical Cable ranks worse than 63.71% on this metric.

Optical Cable's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $7.39 Mil. Optical Cable's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Apr. 2026 was $2.59 Mil. Optical Cable's Total Stockholders Equity for the quarter that ended in Apr. 2026 was $22.24 Mil. Optical Cable's debt to equity for the quarter that ended in Apr. 2026 was 0.45.

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 Optical Cable's Debt-to-Equity or its related term are showing as below:

OCC' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.34   Med: 0.49   Max: 1.14
Current: 0.45

During the past 13 years, the highest Debt-to-Equity Ratio of Optical Cable was 1.14. The lowest was 0.34. And the median was 0.49.

OCC's Debt-to-Equity is ranked worse than
63.71% of 2218 companies
in the Hardware industry
Industry Median: 0.27 vs OCC: 0.45

Optical Cable  (NAS:OCC) 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.


Optical Cable Debt-to-Equity Related Terms


Optical Cable Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Optical Cable'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.

Optical Cable Debt-to-Equity Chart

Optical Cable Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Debt-to-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.48 0.45 0.53 0.38

Optical Cable Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
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 0.48 0.42 0.38 0.34 0.45

OCC vs AMPG, INSG, WATT: Debt-to-Equity Comparison

For the Communication Equipment subindustry, Optical Cable'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.


Optical Cable Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Optical Cable's Debt-to-Equity distribution charts can be found below:

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


OCC
46GF Score
Optical Cable Corp OCC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Optical Cable Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Optical Cable's Debt to Equity Ratio for the fiscal year that ended in Oct. 2025 is calculated as

Optical Cable's Debt to Equity Ratio for the quarter that ended in Apr. 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 0.45 mean?
Optical Cable (OCC) has a Debt-to-Equity of 0.45 as of Apr. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Optical Cable and its competitors. This is near median its historical median of 0.49. Over the past decade, Optical Cable's Debt-to-Equity has ranged from 0.34 to 1.14. According to the industry distribution chart, Optical Cable ranks #1413 out of 2218 companies in the Hardware industry, placing it in the top 63.7%.
Is Optical Cable's Debt-to-Equity too high?
Optical Cable's current Debt-to-Equity of 0.45 is near median its 10-year median of 0.49. Over the past 10 years, this metric has ranged from a low of 0.34 to a high of 1.14. The Hardware industry median Debt-to-Equity is 0.27. Optical Cable's value of 0.45 is 66.7% above this industry median. Based on the distribution chart, Optical Cable ranks #1413 out of 2218 companies in the Hardware industry, which is below the industry midpoint. Overall, Optical Cable has a GF Score™ of 46/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Optical Cable's Debt-to-Equity compare to AMPG and INSG?
According to the Hardware industry distribution chart, Optical Cable ranks #1413 out of 2218 companies for Debt-to-Equity. This places Optical Cable in the lower half of its industry. The industry median Debt-to-Equity is 0.27. Optical Cable's value of 0.45 is 66.7% above this benchmark. Historically, Optical Cable's own Debt-to-Equity has ranged from 0.34 to 1.14 over the past decade. While the company's 10-year median is 0.49 vs. the industry median of 0.27, Optical Cable has consistently been above 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 Hardware company?
The median Debt-to-Equity among Hardware companies is 0.27, based on 2,218 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. Optical Cable's current Debt-to-Equity of 0.45 is 66.7% above 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 Optical Cable and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.27 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Optical Cable's current Debt-to-Equity is 0.45, which is near median its own 10-year median of 0.49. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optical Cable stock overvalued right now?
Based on GuruFocus' analysis, Optical Cable (OCC) is currently considered Significantly Overvalued. The stock's GF Value™ is $3.21, compared to a current price of $14.85 — trading 362.6% above its estimated fair value. The current Debt-to-Equity is 0.45, which is near median its 10-year median of 0.49 and 66.7% above the Hardware industry median of 0.27. Optical Cable's overall GF Score™ is 46/100 with 2 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 Optical Cable (OCC), the current Debt-to-Equity is 0.45 as of Apr. 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 Optical Cable (OCC) Overvalued in 2026?

Based on GuruFocus' analysis, Optical Cable stock appears to be overvalued. The current stock price of $14.85 is trading 362.6% above its estimated GF Value™ of $3.21. GuruFocus considers Optical Cable to be Significantly Overvalued.

Key valuation signals for OCC:

  • Debt-to-Equity: 0.45 (near median its 10-year median of 0.49)
  • GF Value™: $3.21 vs. price of $14.85 (362.6% above fair value)
  • GF Score™: 46/100 with 2 warning signs
  • Industry Position: 66.7% above the Hardware median (#1413 of 2218)

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


Optical Cable Business Description

Other Exchanges OCC:Germany
Address 5290 Concourse Drive, Roanoke, VA, USA, 24019
Optical Cable Corp manufactures a broad range of fiber optic and copper data communication cabling and connectivity solutions for the enterprise, wireless carrier, and specialty markets. The Company offers high quality products that operate as a system solution or integrate with other components, including fiber, copper, hybrid cabling, cabinets, racks, enclosures, and deployable solutions for enterprise networks, data centers, residential, campus, Passive Optical LAN installations, and customized applications in military, industrial, mining, petrochemical, renewable energy, and broadcast industries. It operates a single reportable segment covering the design, development, manufacture, and marketing of its cabling and connectivity solutions.
46GF Score

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

$14.85
Price
$3.21
GF Value