VELO (Velo3D) Debt-to-Equity: 0.21 (As of Jun. 2026) — 45% Below Median

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.

VELO Velo3D Inc VELO
58 GF Score
Price $11.82
GF Value $1.37
Valuation Significantly Overvalued
! 5 Warning Signs
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What is Velo3D Debt-to-Equity?

Velo3D VELO -8.34% 58 Debt-to-Equity is 0.21 as of Jun. 2026, which is 45% below its 10-year median of 0.38. GuruFocus rates VELO with a GF Score™ of 58/100 and a GF Value™ of $1.37 (Significantly Overvalued). The stock has 5 warning signs investors should review. Among 2,228 Hardware companies, Velo3D ranks better than 57.63% on this metric.

Velo3D's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $3.30 Mil. Velo3D's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2026 was $27.51 Mil. Velo3D's Total Stockholders Equity for the quarter that ended in Jun. 2026 was $146.54 Mil. Velo3D's debt to equity for the quarter that ended in Jun. 2026 was 0.21.

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 Velo3D's Debt-to-Equity or its related term are showing as below:

VELO' s Debt-to-Equity Range Over the Past 10 Years
Min: -0.08   Med: 0.38   Max: 1.48
Current: 0.21

During the past 6 years, the highest Debt-to-Equity Ratio of Velo3D was 1.48. The lowest was -0.08. And the median was 0.38.

VELO's Debt-to-Equity is ranked better than
57.63% of 2228 companies
in the Hardware industry
Industry Median: 0.28 vs VELO: 0.21

Velo3D  (NAS:VELO) 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.


Velo3D Debt-to-Equity Related Terms


Velo3D Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Velo3D'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.

Velo3D Debt-to-Equity Chart

Velo3D Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Debt-to-Equity
Get a 7-Day Free Trial 0.18 0.17 0.67 0.40 1.05

Velo3D Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 1.48 1.08 1.05 0.35 0.21

VELO vs OSS, NNDM, BGIN: Debt-to-Equity Comparison

For the Computer Hardware subindustry, Velo3D'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.


Velo3D Debt-to-Equity vs Hardware Industry

For the Hardware industry and Technology sector, Velo3D's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Velo3D's Debt-to-Equity falls into.


VELO
58GF Score
Velo3D Inc VELO
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Velo3D Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Velo3D's Debt to Equity Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Velo3D's Debt to Equity Ratio for the quarter that ended in Jun. 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 0.21 mean?
Velo3D (VELO) has a Debt-to-Equity of 0.21 as of Jun. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Velo3D and its competitors. This is 45% below median its historical median of 0.38. According to the industry distribution chart, Velo3D ranks #944 out of 2228 companies in the Hardware industry, placing it in the top 42.4%.
Is Velo3D's Debt-to-Equity too high?
Velo3D's current Debt-to-Equity of 0.21 is 45% below median its 10-year median of 0.38. The Hardware industry median Debt-to-Equity is 0.28. Velo3D's value of 0.21 is 25% below this industry median. Based on the distribution chart, Velo3D ranks #944 out of 2228 companies in the Hardware industry, which is above the industry midpoint. Overall, Velo3D has a GF Score™ of 58/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Velo3D's Debt-to-Equity compare to OSS and NNDM?
According to the Hardware industry distribution chart, Velo3D ranks #944 out of 2228 companies for Debt-to-Equity. This puts Velo3D in the upper half of its industry. The industry median Debt-to-Equity is 0.28. Velo3D's value of 0.21 is 25% below this benchmark. While the company's 10-year median is 0.38 vs. the industry median of 0.28, Velo3D has consistently been below 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 0.28, based on 2,228 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. Velo3D's current Debt-to-Equity of 0.21 is 25% 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 Velo3D and its competitors. For the Hardware industry, the median Debt-to-Equity is 0.28 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Velo3D's current Debt-to-Equity is 0.21, which is 45% below median its own 10-year median of 0.38. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Velo3D stock overvalued right now?
Based on GuruFocus' analysis, Velo3D (VELO) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.37, compared to a current price of $11.82 — trading 762.8% above its estimated fair value. The current Debt-to-Equity is 0.21, which is 45% below median its 10-year median of 0.38 and 25% below the Hardware industry median of 0.28. Velo3D's overall GF Score™ is 58/100 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 Velo3D (VELO), the current Debt-to-Equity is 0.21 as of Jun. 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 Velo3D (VELO) Overvalued in 2026?

Based on GuruFocus' analysis, Velo3D stock appears to be overvalued. The current stock price of $11.82 is trading 762.8% above its estimated GF Value™ of $1.37. GuruFocus considers Velo3D to be Significantly Overvalued.

Key valuation signals for VELO:

  • Debt-to-Equity: 0.21 (45% below median its 10-year median of 0.38)
  • GF Value™: $1.37 vs. price of $11.82 (762.8% above fair value)
  • GF Score™: 58/100 with 5 warning signs
  • Industry Position: 25% below the Hardware median (#944 of 2228)

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


Velo3D Business Description

Address 2710 Lakeview Court, Fremont, CA, USA, 94538
Velo3D Inc provides additive manufacturing (AM), also referred to as three-dimensional printing (3D printing), to deliver breakthroughs in performance, cost, and time in the production of high-value metal parts. The Velo3D intelligent metal additive manufacturing solution is comprised of the Velo3D Flow intelligent print preparation software, the Sapphire production system, and Velo3D Assure, real-time quality assurance software. Its complete manufacturing solution enables clients to build the parts needed, speed their development, and reduce their product costs.
58GF Score

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

$11.82
Price
$1.37
GF Value