WATT (Energous) Debt-to-Equity: 0.02 (As of Mar. 2026) — 75% 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.

WATT Energous Corp WATT
53 GF Score
Price $14.59
GF Value $29.46
Valuation Possible Value Trap
! 1 Warning Sign
View Full Analysis

What is Energous Debt-to-Equity?

Energous WATT -2.80% 53 Debt-to-Equity is 0.02 as of Mar. 2026, which is 75% below its 10-year median of 0.08. GuruFocus rates WATT with a GF Score™ of 53/100 and a GF Value™ of $29.46 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 2,217 Hardware companies, Energous ranks better than 94.09% on this metric.

Energous's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.55 Mil. Energous's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2026 was $0.45 Mil. Energous's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $42.76 Mil. Energous's debt to equity for the quarter that ended in Mar. 2026 was 0.02.

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

WATT' s Debt-to-Equity Range Over the Past 10 Years
Min: -1.38   Med: 0.08   Max: 1.77
Current: 0.02

During the past 13 years, the highest Debt-to-Equity Ratio of Energous was 1.77. The lowest was -1.38. And the median was 0.08.

WATT's Debt-to-Equity is ranked better than
94.09% of 2217 companies
in the Hardware industry
Industry Median: 0.27 vs WATT: 0.02

Energous  (NAS:WATT) 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.


Energous Debt-to-Equity Related Terms


Energous Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Energous'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.

Energous Debt-to-Equity Chart

Energous 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 0.01 0.08 0.11 -1.38 0.09

Energous 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 0.20 0.18 0.10 0.09 0.02

WATT vs AIRG, WSTL, INSG: Debt-to-Equity Comparison

For the Communication Equipment subindustry, Energous'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.


Energous Debt-to-Equity vs Hardware Industry

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

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


WATT
53GF Score
Energous Corp WATT
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Energous Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

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

Energous'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 0.02 mean?
Energous (WATT) has a Debt-to-Equity of 0.02 as of Mar. 2026. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Energous and its competitors. This is 75% below median its historical median of 0.08. According to the industry distribution chart, Energous ranks #131 out of 2217 companies in the Hardware industry, placing it in the top 5.9%.
Is Energous' Debt-to-Equity too high?
Energous' current Debt-to-Equity of 0.02 is 75% below median its 10-year median of 0.08. The Hardware industry median Debt-to-Equity is 0.27. Energous' value of 0.02 is 92.6% below this industry median. Based on the distribution chart, Energous ranks #131 out of 2217 companies in the Hardware industry, which is in the top quartile — a strong position relative to peers. Overall, Energous has a GF Score™ of 53/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Energous' Debt-to-Equity compare to AIRG and WSTL?
According to the Hardware industry distribution chart, Energous ranks #131 out of 2217 companies for Debt-to-Equity. This places Energous in the top 6% of its industry — outperforming the majority of peers. The industry median Debt-to-Equity is 0.27. Energous' value of 0.02 is 92.6% below this benchmark. While the company's 10-year median is 0.08 vs. the industry median of 0.27, Energous 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 0.27, based on 2,217 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. Energous's current Debt-to-Equity of 0.02 is 92.6% 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 Energous 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. Energous's current Debt-to-Equity is 0.02, which is 75% below median its own 10-year median of 0.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Energous stock overvalued right now?
Based on GuruFocus' analysis, Energous (WATT) is currently considered Possible Value Trap. The stock's GF Value™ is $29.46, compared to a current price of $14.59 — trading 50.5% below its estimated fair value. The current Debt-to-Equity is 0.02, which is 75% below median its 10-year median of 0.08 and 92.6% below the Hardware industry median of 0.27. Energous' overall GF Score™ is 53/100 with 1 warning sign 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 Energous (WATT), the current Debt-to-Equity is 0.02 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 Energous (WATT) Overvalued in 2026?

Based on GuruFocus' analysis, Energous stock appears to be undervalued. The current stock price of $14.59 is trading 50.5% below its estimated GF Value™ of $29.46. GuruFocus considers Energous to be Possible Value Trap.

Key valuation signals for WATT:

  • Debt-to-Equity: 0.02 (75% below median its 10-year median of 0.08)
  • GF Value™: $29.46 vs. price of $14.59 (50.5% below fair value)
  • GF Score™: 53/100 with 1 warning sign
  • Industry Position: 92.6% below the Hardware median (#131 of 2217)

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


Energous Business Description

Other Exchanges 0IH3:UK
Address 3590 North First Street, Suite 330, San Jose, CA, USA, 95134
Energous Corp has developed scalable, over-the-air Wireless Power Network (WPN) technology that integrates semiconductor chipsets, software controls, hardware designs, and antenna systems to enable radio frequency (RF)-based charging for ambient Internet of Things (ambient IoT) devices, transforming supply chain capabilities from limited tracking to overall business intelligence. The WPN technology consists of transmitter systems, receiver integrated circuits, and supporting software designed to deliver power and data to battery-free IoT devices across a range of operating distances and power levels. Its applications include retail sensors, electronic shelf labels (ESLs), asset trackers, air quality monitors, motion detectors, and other monitoring solutions.
53GF Score

Get the complete analysis for WATT

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

$14.59
Price
$29.46
GF Value