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Voyager TechnologiesVOYG +14.19%8 Debt-to-Equity is 1.38 as of Mar. 2026, which is 97% above its 10-year median of 0.70. GuruFocus rates VOYG with a GF Score™ of 8/100. The stock has 2 warning signs investors should review. Among 313 Aerospace & Defense companies, Voyager Technologies ranks worse than 87.54% on this metric.
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 Voyager Technologies's Debt-to-Equity or its related term are showing as below:
VOYG'
s Debt-to-Equity Range Over the Past 10 Years
Min: -6.92 Med: 0.7 Max: 4.13
Current: 1.38
During the past 3 years, the highest Debt-to-Equity Ratio of Voyager Technologies was 4.13. The lowest was -6.92. And the median was 0.70.
VOYG's Debt-to-Equity is ranked worse than 87.54% of 313
companies
in the Aerospace & Defense industry
Industry Median: 0.31
vs VOYG: 1.38
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.
Voyager Technologies Debt-to-Equity Related Terms
Voyager Technologies Debt-to-Equity Historical Data
* Premium members only.
The historical data trend for Voyager Technologies'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.
VOYG vs CDRE, RCAT, HAWK: Debt-to-Equity Comparison
For the Aerospace & Defense subindustry, Voyager Technologies'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.
Voyager Technologies Debt-to-Equity vs Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Voyager Technologies's Debt-to-Equity distribution charts can be found below:
* The bar in red indicates where Voyager Technologies's Debt-to-Equity falls into.
* 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.
Voyager Technologies (VOYG) has a Debt-to-Equity of 1.38 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Voyager Technologies and its competitors. This is 97% above median its historical median of 0.70. According to the industry distribution chart, Voyager Technologies ranks #274 out of 313 companies in the Aerospace & Defense industry, placing it in the top 87.5%.
Is Voyager Technologies' Debt-to-Equity too high?
Voyager Technologies' current Debt-to-Equity of 1.38 is 97% above median its 10-year median of 0.70. The Aerospace & Defense industry median Debt-to-Equity is 0.31. Voyager Technologies' value of 1.38 is 345.2% above this industry median. Based on the distribution chart, Voyager Technologies ranks #274 out of 313 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Voyager Technologies has a GF Score™ of 8/100, reflecting its overall financial health beyond just this single metric.
How does Voyager Technologies' Debt-to-Equity compare to CDRE and RCAT?
According to the Aerospace & Defense industry distribution chart, Voyager Technologies ranks #274 out of 313 companies for Debt-to-Equity. This places Voyager Technologies in the lower half of its industry. The industry median Debt-to-Equity is 0.31. Voyager Technologies' value of 1.38 is 345.2% above this benchmark. While the company's 10-year median is 0.70 vs. the industry median of 0.31, Voyager Technologies 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 Aerospace & Defense company?
The median Debt-to-Equity among Aerospace & Defense companies is 0.31, based on 313 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. Voyager Technologies's current Debt-to-Equity of 1.38 is 345.2% 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 Voyager Technologies and its competitors. For the Aerospace & Defense industry, the median Debt-to-Equity is 0.31 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voyager Technologies's current Debt-to-Equity is 1.38, which is 97% above median its own 10-year median of 0.70. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voyager Technologies stock overvalued right now?
Voyager Technologies (VOYG) has a current Debt-to-Equity of 1.38. The current Debt-to-Equity is 1.38, which is 97% above median its 10-year median of 0.70 and 345.2% above the Aerospace & Defense industry median of 0.31. Voyager Technologies' overall GF Score™ is 8/100 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 Voyager Technologies (VOYG), the current Debt-to-Equity is 1.38 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.
Voyager Technologies Inc is a defense and space technology company committed to advancing and delivering transformative, mission-critical solutions. It operates across three primary divisions namely Defense and National Security that provides innovative mission-critical solutions to protect dynamic and contested domains. Pioneer communications technologies, guidance, navigation and controls, signals intelligence and defense systems. Space Solutions delivers space infrastructure, advanced space technology, science systems and mission services that power commercial, academic and government missions from low-Earth orbit to deep space. and Starlab Space Stations is a commercial space station planned to succeed the ISS and provide continued permanent human presence in space.
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