Accuray (ARAY) Debt/Equity Ratio: History & Chart

Accuray Incorporated(ARAY)

Medical - Devices · Madison, WI

$0.30+0.00 (+0.76%)

Delayed quote: Oct 6, 2026, 10:25 AM EDT

About Accuray Incorporated

Accuray Incorporated specializes in the design, development, production, and sale of advanced radiosurgery and radiation therapy equipment aimed at treating tumors. Their market footprint spans across North and South America, Australia, New Zealand, Europe, the Middle East, India, Africa, Japan, China, and the broader Asia Pacific region. Among their core offerings is the CyberKnife System, a sophisticated robotic platform for stereotactic radiosurgery and stereotactic body radiation therapy. This system is employed to target both primary and metastatic tumors located outside the brain, specifically addressing areas such as the spine, breast, kidney, liver, lung, pancreas, and prostate. They also provide the TomoTherapy System, which encompasses the Radixact System, designed to deliver highly precise radiation treatments (up to 50 patients daily) through integrated planning, delivery, and data management capabilities. Complementing these are the iDMS data management system and the Accuray precision treatment planning system, both offering comprehensive solutions for treatment planning and data handling. In addition to their technology, Accuray offers crucial post-sale services, including customer support, system installation, training, and various other professional services. The company primarily engages directly with its clientele, which includes hospitals and specialized treatment centers, through its dedicated sales force. In the United States, they also leverage sales agents and group purchasing organizations, while internationally, their reach extends through distributors and sales agents. Established in 1990, Accuray Incorporated maintains its corporate headquarters in Madison, Wisconsin.

Madison, WI

809 employees

www.accuray.com

Healthcare / Medical - Devices

Sector: Healthcare
Industry: Medical - Devices
CEO: Stephen R. LaNeve

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ARAY Debt to Equity Ratio Metrics

DEBT TO EQUITY RATIO

4.41

DEBT TO EQUITY RATIO AVG TTM

3.54

DEBT TO EQUITY RATIO AVG 3Y

4.23

DEBT TO EQUITY RATIO AVG 5Y

4.25

DEBT TO EQUITY RATIO AVG 10Y

3.70

DEBT TO EQUITY RATIO AVG 15Y

3.40

DEBT TO EQUITY RATIO AVG 20Y

2.29

CURRENT VS TTM AVG

+24.72%

CURRENT VS 3Y AVG

+4.36%

CURRENT VS 5Y AVG

+3.84%

CURRENT VS 10Y AVG

+19.30%

CURRENT VS 15Y AVG

+29.75%

CURRENT VS 20Y AVG

+92.44%

SECTOR MEDIAN · HEALTHCARE

0.14

median of 520 covered companies

CURRENT VS SECTOR MEDIAN

+3166.34%

vs the sector median at left

NAME	MARKET CAP	DEBT TO EQUITY RATIO	TTM	3Y	5Y
Accuray Incorporated (ARAY)	$36.17M	4.41	3.54	4.23	4.25
DocGo Inc. (DCGO)vs ›	$36.32M	0.22	0.19	0.15	0.15
Elicio Therapeutics, Inc. (ELTX)vs ›	$36.61M	1.78	8.87	3.44	2.59
BriaCell Therapeutics Corp. (BCTX)vs ›	$35.58M	0.00	0.00	0.00	0.00
Edesa Biotech, Inc. (EDSA)vs ›	$36.92M	0.00	0.01	0.01	0.01
Elutia Inc (ELUT)vs ›	$35.04M	0.69	0.40	0.40	1.20
Incannex Healthcare Limited (IXHL)vs ›	$38.82M	0.00	0.01	0.02	0.01
Harvard Bioscience, Inc. (HBIO)vs ›	$38.52M	5.96	1.96	1.31	1.11
Nephros, Inc. (NEPH)vs ›	$38.64M	0.07	0.13	0.17	0.16
Grace Therapeutics, Inc. (GRCE)vs ›	$33.92M	0.00	0.00	0.00	0.00

NAME

MARKET CAP

DEBT TO EQUITY RATIO

TTM

Accuray Incorporated (ARAY)

$36.17M

4.41

3.54

4.23

4.25

DocGo Inc. (DCGO)vs ›

$36.32M

0.22

0.19

0.15

Elicio Therapeutics, Inc. (ELTX)vs ›

$36.61M

1.78

8.87

3.44

2.59

BriaCell Therapeutics Corp. (BCTX)vs ›

$35.58M

0.00

Edesa Biotech, Inc. (EDSA)vs ›

$36.92M

0.00

0.01

Elutia Inc (ELUT)vs ›

$35.04M

0.69

0.40

1.20

Incannex Healthcare Limited (IXHL)vs ›

$38.82M

0.00

0.01

0.02

0.01

Harvard Bioscience, Inc. (HBIO)vs ›

$38.52M

5.96

1.96

1.31

1.11

Nephros, Inc. (NEPH)vs ›

$38.64M

0.07

0.13

0.17

0.16

Grace Therapeutics, Inc. (GRCE)vs ›

$33.92M

0.00

Debt to Equity Ratio FAQ

What is the debt to equity ratio for Accuray Incorporated (ARAY)?

The debt to equity ratio for ARAY stock is 4.41.

Is Accuray Incorporated's debt to equity ratio high or low?

The debt to equity ratio of 4.41 is in line with its 5-year average of 4.25, near the high end of its 5-year range (2.17–5.04).

What is the TTM average debt to equity ratio for Accuray Incorporated (ARAY)?

The TTM average debt to equity ratio for ARAY stock is 3.54.

What is the 3Y average debt to equity ratio for Accuray Incorporated (ARAY)?

The 3Y average debt to equity ratio for ARAY stock is 4.23.

What is the 5Y average debt to equity ratio for Accuray Incorporated (ARAY)?

The 5Y average debt to equity ratio for ARAY stock is 4.25.

What is the 10Y average debt to equity ratio for Accuray Incorporated (ARAY)?

The 10Y average debt to equity ratio for ARAY stock is 3.70.

What is the 15Y average debt to equity ratio for Accuray Incorporated (ARAY)?

The 15Y average debt to equity ratio for ARAY stock is 3.40.

What is the 20Y average debt to equity ratio for Accuray Incorporated (ARAY)?

The 20Y average debt to equity ratio for ARAY stock is 2.29.

DATE	DEBT TO EQUITY RATIO
2026-06-30	4.41
2026-03-31	4.37
2025-12-31	3.83
2025-09-30	2.90
2025-06-30	2.17
2025-03-31	4.32
2024-12-31	4.46
2024-09-30	4.62
2024-06-30	4.67
2024-03-31	5.04
2023-12-31	4.24
2023-09-30	4.02
2023-06-30	3.82
2023-03-31	3.75
2022-12-31	4.01
2022-09-30	4.37
2022-06-30	3.75
2022-03-31	3.90
2021-12-31	4.00
2021-09-30	4.85
2021-06-30	2.90
2021-03-31	2.68
2020-12-31	2.70
2020-09-30	3.12
2020-06-30	3.48
2020-03-31	3.75
2019-12-31	3.90
2019-09-30	5.40
2019-06-30	3.21
2019-03-31	3.06
2018-12-31	2.97
2018-09-30	2.74
2018-06-30	2.70
2018-03-31	3.00
2017-12-31	3.46
2017-09-30	3.25
2017-06-30	3.54
2017-03-31	3.74
2016-12-31	3.65
2016-09-30	3.28
2016-06-30	3.53
2016-03-31	3.36
2015-12-31	3.40
2015-09-30	3.03
2015-06-30	2.68
2015-03-31	2.63
2014-12-31	2.62
2014-09-30	2.45
2014-06-30	1.98
2014-03-31	2.11
2013-12-31	2.11
2013-09-30	2.11
2013-06-30	1.86
2013-03-31	1.62
2012-12-31	0.54
2012-09-30	0.47
2012-06-30	0.41
2012-03-31	0.37
2011-12-31	0.35
2011-09-30	0.33
2011-06-30	0.00
2011-03-31	0.00
2010-12-31	0.00
2010-09-30	0.00
2010-06-30	0.00
2010-03-31	0.00
2009-12-31	0.00
2009-09-30	0.00
2009-06-27	0.00
2009-03-28	0.00
2008-12-27	0.00
2008-09-27	0.00
2008-06-28	0.00
2008-03-29	0.00
2007-12-29	0.00
2007-09-29	0.00
2007-06-30	0.00
2007-03-31	0.00
2006-12-30	0.00
2006-09-30	-0.25
2006-06-30	-0.13
2006-03-31	0.00
2005-12-31	0.00
2005-09-30	0.00
2005-06-30	-0.05
2005-03-31	0.00
2004-12-31	0.00
2004-09-30	0.00

DATE

DEBT TO EQUITY RATIO

2026-06-30

4.41

2026-03-31

4.37

2025-12-31

3.83

2025-09-30

2.90

2025-06-30

2.17

2025-03-31

4.32

2024-12-31

4.46

2024-09-30

4.62

2024-06-30

4.67

2024-03-31

5.04

2023-12-31

4.24

2023-09-30

4.02

2023-06-30

3.82

2023-03-31

3.75

2022-12-31

4.01

2022-09-30

4.37

2022-06-30

3.75

2022-03-31

3.90

2021-12-31

4.00

2021-09-30

4.85

2021-06-30

2.90

2021-03-31

2.68

2020-12-31

2.70

2020-09-30

3.12

2020-06-30

3.48

2020-03-31

3.75

2019-12-31

3.90

2019-09-30

5.40

2019-06-30

3.21

2019-03-31

3.06

2018-12-31

2.97

2018-09-30

2.74

2018-06-30

2.70

2018-03-31

3.00

2017-12-31

3.46

2017-09-30

3.25

2017-06-30

3.54

2017-03-31

3.74

2016-12-31

3.65

2016-09-30

3.28

2016-06-30

3.53

2016-03-31

3.36

2015-12-31

3.40

2015-09-30

3.03

2015-06-30

2.68

2015-03-31

2.63

2014-12-31

2.62

2014-09-30

2.45

2014-06-30

1.98

2014-03-31

2.11

2013-12-31

2.11

2013-09-30

2.11

2013-06-30

1.86

2013-03-31

1.62

2012-12-31

0.54

2012-09-30

0.47

2012-06-30

0.41

2012-03-31

0.37

2011-12-31

0.35

2011-09-30

0.33

2011-06-30

0.00

2011-03-31

0.00

2010-12-31

0.00

2010-09-30

0.00

2010-06-30

0.00

2010-03-31

0.00

2009-12-31

0.00

2009-09-30

0.00

2009-06-27

0.00

2009-03-28

0.00

2008-12-27

0.00

2008-09-27

0.00

2008-06-28

0.00

2008-03-29

0.00

2007-12-29

0.00

2007-09-29

0.00

2007-06-30

0.00

2007-03-31

0.00

2006-12-30

0.00

2006-09-30

-0.25

2006-06-30

-0.13

2006-03-31

0.00

2005-12-31

0.00

2005-09-30

0.00

2005-06-30

-0.05

2005-03-31

0.00

2004-12-31

0.00

2004-09-30

0.00

Debt to Equity Ratio: 4.41

ARAY Debt to Equity Ratio

ARAY Average Debt to Equity Ratio Chart

ARAY Current vs Average Debt to Equity Ratio Chart

ARAY Debt to Equity Ratio Metrics

ARAY Competitors' Debt to Equity Ratio

Financial Health

Debt to Equity Ratio Formula & Definition

Debt to Equity Ratio FAQ

ARAY Debt to Equity Ratio History

Related Metrics