The debt-to-equity ratio for Global Water Resources sits at roughly 1.67 when evaluated through standard total liability metrics, though specific historical and net debt calculations have varied between 0.54 and over 2.0 depending on the precise accounting treatment of long-term utility infrastructure financing leases. Water utilities typically carry higher capital expenditure requirements and substantial long-term debt loads to fund heavy pipeline networks, treatment plants, and regional resource acquisitions, which is characteristic of the regulated utility sector.