OMEX (Odyssey Marine Exploration) Debt-to-Equity: -0.15 (As of Mar. 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.

OMEX Odyssey Marine Exploration Inc OMEX
14 GF Score
Price $0.64
GF Value $0.35
Valuation Significantly Overvalued
! 6 Warning Signs
View Full Analysis

What is Odyssey Marine Exploration Debt-to-Equity?

Odyssey Marine Exploration OMEX -4.28% 14 Debt-to-Equity is -0.15 as of Mar. 2026. GuruFocus rates OMEX with a GF Score™ of 14/100 and a GF Value™ of $0.35 (Significantly Overvalued). The stock has 6 warning signs investors should review. Among 1,218 Metals & Mining companies, Odyssey Marine Exploration ranks worse than 82101.72% on this metric.

Odyssey Marine Exploration's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.91 Mil. Odyssey Marine Exploration's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $3.96 Mil. Odyssey Marine Exploration's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $-32.78 Mil. Odyssey Marine Exploration's debt to equity for the quarter that ended in Mar. 2026 was -0.15.

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 Odyssey Marine Exploration's Debt-to-Equity or its related term are showing as below:

OMEX' s Debt-to-Equity Range Over the Past 10 Years
Min: -3.3   Med: -1.27   Max: -0.13
Current: -0.15

During the past 13 years, the highest Debt-to-Equity Ratio of Odyssey Marine Exploration was -0.13. The lowest was -3.30. And the median was -1.27.

OMEX's Debt-to-Equity is not ranked
in the Metals & Mining industry.
Industry Median: 0.15 vs OMEX: -0.15

Odyssey Marine Exploration  (NAS:OMEX) 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.


Odyssey Marine Exploration Debt-to-Equity Related Terms


Odyssey Marine Exploration Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Odyssey Marine Exploration'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.

Odyssey Marine Exploration Debt-to-Equity Chart

Odyssey Marine Exploration 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 -1.63 -0.51 -0.72 -1.41 -0.13

Odyssey Marine Exploration 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 -1.70 -0.47 -0.23 -0.13 -0.15

OMEX vs FNUC, WWR, TMRC: Debt-to-Equity Comparison

For the Other Industrial Metals & Mining subindustry, Odyssey Marine Exploration'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.


Odyssey Marine Exploration Debt-to-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Odyssey Marine Exploration's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Odyssey Marine Exploration's Debt-to-Equity falls into.


OMEX
14GF Score
Odyssey Marine Exploration Inc OMEX
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Odyssey Marine Exploration Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Odyssey Marine Exploration's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Odyssey Marine Exploration's Debt to Equity Ratio for the quarter that ended in Mar. 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 -0.15 mean?
Odyssey Marine Exploration (OMEX) has a Debt-to-Equity of -0.15 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Odyssey Marine Exploration and its competitors. According to the industry distribution chart, Odyssey Marine Exploration ranks #999999 out of 1218 companies in the Metals & Mining industry.
Is Odyssey Marine Exploration's Debt-to-Equity too high?
Odyssey Marine Exploration's current Debt-to-Equity is -0.15. Based on the distribution chart, Odyssey Marine Exploration ranks #999999 out of 1218 companies in the Metals & Mining industry, which is in the bottom quartile relative to peers. Overall, Odyssey Marine Exploration has a GF Score™ of 14/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Odyssey Marine Exploration's Debt-to-Equity compare to FNUC and WWR?
According to the Metals & Mining industry distribution chart, Odyssey Marine Exploration ranks #999999 out of 1218 companies for Debt-to-Equity. This places Odyssey Marine Exploration in the lower half of its industry. The industry median Debt-to-Equity is 0.15. 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 Metals & Mining company?
The median Debt-to-Equity among Metals & Mining companies is 0.15, based on 1,218 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. 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 Odyssey Marine Exploration and its competitors. For the Metals & Mining industry, the median Debt-to-Equity is 0.15 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Odyssey Marine Exploration's current Debt-to-Equity is -0.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Odyssey Marine Exploration stock overvalued right now?
Based on GuruFocus' analysis, Odyssey Marine Exploration (OMEX) is currently considered Significantly Overvalued. The stock's GF Value™ is $0.35, compared to a current price of $0.64 — trading 84.1% above its estimated fair value. The current Debt-to-Equity is -0.15. Odyssey Marine Exploration's overall GF Score™ is 14/100 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 Odyssey Marine Exploration (OMEX), the current Debt-to-Equity is -0.15 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 Odyssey Marine Exploration (OMEX) Overvalued in 2026?

Based on GuruFocus' analysis, Odyssey Marine Exploration stock appears to be overvalued. The current stock price of $0.64 is trading 84.1% above its estimated GF Value™ of $0.35. GuruFocus considers Odyssey Marine Exploration to be Significantly Overvalued.

Key valuation signals for OMEX:

  • Debt-to-Equity: -0.15
  • GF Value™: $0.35 vs. price of $0.64 (84.1% above fair value)
  • GF Score™: 14/100 with 6 warning signs

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


Odyssey Marine Exploration Business Description

Other Exchanges OYM1:Germany
Address 205 S. Hoover Boulevard, Suite 210, Tampa, FL, USA, 33609
Odyssey Marine Exploration Inc is a deep-ocean exploration company. It discovers, validates, and develops high-value seafloor mineral resources and provides specialized mineral exploration, project development, and marine services to its clients. The company's subsea project portfolio contains multiple projects in various stages of development, such as the Phosagmex Project, a rich deposit of phosphate sands located seventy-ninety meters deep within the Mexican EEZ; two polymetallic nodule exploration license holders in the Cook Islands' EEZ; the Lihir Gold Project, a subsea area that contains several prospective gold exploration targets located in the Papua New Guinea Exclusive Economic Zone (EEZ); and others.
14GF Score

Get the complete analysis for OMEX

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

$0.64
Price
$0.35
GF Value