SAFX (XCF Global) Debt-to-Equity: 4.81 (As of Mar. 2026) — 48% Above Median

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SAFX XCF Global Inc SAFX
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What is XCF Global Debt-to-Equity?

XCF Global SAFX -7.86% 4 Debt-to-Equity is 4.81 as of Mar. 2026, which is 48% above its 10-year median of 3.25. GuruFocus rates SAFX with a GF Score™ of 4/100. The stock has 5 warning signs investors should review. Among 401 Utilities - Independent Power Producers companies, XCF Global ranks worse than 94.01% on this metric.

XCF Global's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $121.85 Mil. XCF Global's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.00 Mil. XCF Global's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $25.31 Mil. XCF Global's debt to equity for the quarter that ended in Mar. 2026 was 4.81.

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 XCF Global's Debt-to-Equity or its related term are showing as below:

SAFX' s Debt-to-Equity Range Over the Past 10 Years
Min: 0.16   Med: 3.25   Max: 25.74
Current: 4.81

During the past 3 years, the highest Debt-to-Equity Ratio of XCF Global was 25.74. The lowest was 0.16. And the median was 3.25.

SAFX's Debt-to-Equity is ranked worse than
94.01% of 401 companies
in the Utilities - Independent Power Producers industry
Industry Median: 0.84 vs SAFX: 4.81

XCF Global  (NAS:SAFX) 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.


XCF Global Debt-to-Equity Related Terms


XCF Global Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for XCF Global'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.

XCF Global Debt-to-Equity Chart

XCF Global Annual Data
Trend Dec23 Dec24 Dec25
Debt-to-Equity
4.07 2.72 3.25

XCF Global Quarterly Data
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 N/A 10.10 25.74 3.25 4.81

SAFX vs NXXT, STEM, AGIG: Debt-to-Equity Comparison

For the Utilities - Renewable subindustry, XCF Global'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.


XCF Global Debt-to-Equity vs Utilities - Independent Power Producers Industry

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

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


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XCF Global Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

XCF Global'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 4.81 mean?
XCF Global (SAFX) has a Debt-to-Equity of 4.81 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on XCF Global and its competitors. This is 48% above median its historical median of 3.25. Over the past decade, XCF Global's Debt-to-Equity has ranged from 0.16 to 25.74. According to the industry distribution chart, XCF Global ranks #377 out of 401 companies in the Utilities - Independent Power Producers industry, placing it in the top 94%.
Is XCF Global's Debt-to-Equity too high?
XCF Global's current Debt-to-Equity of 4.81 is 48% above median its 10-year median of 3.25. Over the past 10 years, this metric has ranged from a low of 0.16 to a high of 25.74. The Utilities - Independent Power Producers industry median Debt-to-Equity is 0.84. XCF Global's value of 4.81 is 472.6% above this industry median. Based on the distribution chart, XCF Global ranks #377 out of 401 companies in the Utilities - Independent Power Producers industry, which is in the bottom quartile relative to peers. Overall, XCF Global has a GF Score™ of 4/100, reflecting its overall financial health beyond just this single metric.
How does XCF Global's Debt-to-Equity compare to NXXT and STEM?
According to the Utilities - Independent Power Producers industry distribution chart, XCF Global ranks #377 out of 401 companies for Debt-to-Equity. This places XCF Global in the lower half of its industry. The industry median Debt-to-Equity is 0.84. XCF Global's value of 4.81 is 472.6% above this benchmark. Historically, XCF Global's own Debt-to-Equity has ranged from 0.16 to 25.74 over the past decade. While the company's 10-year median is 3.25 vs. the industry median of 0.84, XCF Global 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 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. XCF Global's current Debt-to-Equity of 4.81 is 472.6% 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 XCF Global 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. XCF Global's current Debt-to-Equity is 4.81, which is 48% above median its own 10-year median of 3.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is XCF Global stock overvalued right now?
XCF Global (SAFX) has a current Debt-to-Equity of 4.81. The current Debt-to-Equity is 4.81, which is 48% above median its 10-year median of 3.25 and 472.6% above the Utilities - Independent Power Producers industry median of 0.84. XCF Global's overall GF Score™ is 4/100 with 5 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 XCF Global (SAFX), the current Debt-to-Equity is 4.81 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.

XCF Global Business Description

Address 2500 City West Boulevard, Suite 150-138, Houston, TX, USA, 77042
XCF Global Inc is an emerging sustainable aviation fuel company dedicated to accelerating the aviation industry's transition to net-zero emissions. Its flagship facility, New Rise Renewables Reno, has a permitted nameplate production capacity. The Company has one reportable segment: renewable fuels. The renewable fuels segment will derive revenues from selling renewable energy products in the future once the Company's plant facilities reach principal operations.
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