Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the debt to equity ratio high or low?
The debt to equity ratio of -7.32 is 385% below its 5-year average of -1.51, around the middle of its 5-year range (-56.76–15.20).
As of the fiscal period ended Tuesday, June 30, 2026. 136.96% below its 12-month average of -3.09.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): -7.32.
DEBT TO EQUITY RATIO
-7.32
DEBT TO EQUITY RATIO AVG TTM
-3.09
DEBT TO EQUITY RATIO AVG 3Y
-2.10
DEBT TO EQUITY RATIO AVG 5Y
-1.51
DEBT TO EQUITY RATIO AVG 10Y
-0.91
DEBT TO EQUITY RATIO AVG 15Y
-0.20
DEBT TO EQUITY RATIO AVG 20Y
0.11
CURRENT VS TTM AVG
-136.96%
CURRENT VS 3Y AVG
-248.45%
CURRENT VS 5Y AVG
-385.37%
CURRENT VS 10Y AVG
-701.55%
CURRENT VS 15Y AVG
-3553.37%
CURRENT VS 20Y AVG
-7037.28%
SECTOR MEDIAN · HEALTHCARE
0.13
median of 633 covered companies
CURRENT VS SECTOR MEDIAN
-5733.56%
vs the sector median at left
Cytokinetics, Incorporated
Market Cap
$7.70B
Debt to Equity Ratio
-7.32
TTM Avg
-3.09
3Y Avg
-2.10
5Y Avg
-1.51
Market Cap
$7.58B
Debt to Equity Ratio
0.02
TTM Avg
0.03
3Y Avg
0.03
5Y Avg
0.03
Market Cap
$7.84B
Debt to Equity Ratio
0.00
TTM Avg
0.00
3Y Avg
0.02
5Y Avg
0.02
Market Cap
$7.39B
Debt to Equity Ratio
5.50
TTM Avg
3.88
3Y Avg
3.48
5Y Avg
2.79
Market Cap
$8.11B
Debt to Equity Ratio
0.76
TTM Avg
0.66
3Y Avg
0.66
5Y Avg
1.58
Market Cap
$8.41B
Debt to Equity Ratio
0.21
TTM Avg
0.37
3Y Avg
0.36
5Y Avg
0.29
Market Cap
$8.67B
Debt to Equity Ratio
0.05
TTM Avg
0.08
3Y Avg
0.10
5Y Avg
0.09
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cytokinetics, Incorporated (CYTK) | $7.70B | -7.32 | -3.09 | -2.10 | -1.51 |
| HealthEquity, Inc. (HQY)vs › | $7.66B | 0.49 | 0.50 | 0.49 | 0.55 |
| Hinge Health, Inc. (HNGE)vs › | $7.58B | 0.02 | 0.03 | 0.03 | 0.03 |
| Praxis Precision Medicines, Inc. (PRAX)vs › | $7.84B | 0.00 | 0.00 | 0.02 | 0.02 |
| Ionis Pharmaceuticals, Inc. (IONS)vs › | $7.39B | 5.50 | 3.88 | 3.48 | 2.79 |
| Caris Life Sciences, Inc. (CAI)vs › | $8.11B | 0.76 | 0.66 | 0.66 | 1.58 |
| Alkermes plc (ALKS)vs › | $7.08B | 0.87 | 0.04 | 0.19 | 0.25 |
| Oscar Health, Inc. (OSCR)vs › | $8.41B | 0.21 | 0.37 | 0.36 | 0.29 |
| Kymera Therapeutics, Inc. (KYMR)vs › | $8.67B | 0.05 | 0.08 | 0.10 | 0.09 |
| Immunovant, Inc. (IMVT)vs › | $6.66B | 0.00 | 0.00 | 0.00 | 0.00 |
Debt/Equity
-7.32
Current Ratio
6.66
Debt to Equity measures financial leverage by comparing total debt to shareholders' equity.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | DEBT TO EQUITY RATIO |
|---|---|
| 2026-06-30 | -7.32 |
| 2026-03-31 | -1.56 |
| 2025-12-31 | -1.95 |
| 2025-09-30 | -2.30 |
| 2025-06-30 | -2.33 |
| 2025-03-31 | -2.97 |
| 2024-12-31 | -5.83 |
| 2024-09-30 | -56.76 |
| 2024-06-30 | 7.28 |
| 2024-03-31 | -1.91 |
| 2023-12-31 | -1.96 |
| 2023-09-30 | -1.71 |
| 2023-06-30 | -2.25 |
| 2023-03-31 | -3.28 |
| 2022-12-31 | -6.95 |
| 2022-09-30 | -46.25 |
| 2022-06-30 | 2.91 |
| 2022-03-31 | 2.77 |
| 2021-12-31 | 1.11 |
| 2021-09-30 | 1.07 |
| 2021-06-30 | 15.20 |
| 2021-03-31 | 3.37 |
| 2020-12-31 | 1.23 |
| 2020-09-30 | 0.94 |
| 2020-06-30 | -1.77 |
| 2020-03-31 | -3.01 |
| 2019-12-31 | -12.44 |
| 2019-09-30 | -2.65 |
| 2019-06-30 | -10.89 |
| 2019-03-31 | 15.53 |
| 2018-12-31 | 1.64 |
| 2018-09-30 | 0.80 |
| 2018-06-30 | 0.43 |
| 2018-03-31 | 0.32 |
| 2017-12-31 | 0.29 |
| 2017-09-30 | 0.14 |
| 2017-06-30 | 0.13 |
| 2017-03-31 | 0.26 |
| 2016-12-31 | 0.29 |
| 2016-09-30 | 0.36 |
| 2016-06-30 | 0.61 |
| 2016-03-31 | 0.51 |
| 2015-12-31 | 0.21 |
| 2015-09-30 | 0.00 |
| 2015-06-30 | 0.00 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 0.00 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.00 |
| 2014-03-31 | 0.00 |
| 2013-12-31 | 0.00 |
| 2013-09-30 | 0.00 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |
| 2012-12-31 | 0.00 |
| 2012-09-30 | 0.00 |
| 2012-06-30 | 0.00 |
| 2012-03-31 | 0.00 |
| 2011-12-31 | 0.00 |
| 2011-09-30 | 0.01 |
| 2011-06-30 | 0.01 |
| 2011-03-31 | 0.00 |
| 2010-12-31 | 0.01 |
| 2010-09-30 | 0.00 |
| 2010-06-30 | 0.01 |
| 2010-03-31 | 0.01 |
| 2009-12-31 | 0.03 |
| 2009-09-30 | 0.01 |
| 2009-06-30 | 0.13 |
| 2009-03-31 | 0.35 |
| 2008-12-31 | 0.09 |
| 2008-09-30 | 0.10 |
| 2008-06-30 | 0.09 |
| 2008-03-31 | 0.09 |
| 2007-12-31 | 0.09 |
| 2007-09-30 | 0.09 |
| 2007-06-30 | 0.10 |
| 2007-03-31 | 0.10 |
| 2006-12-31 | 0.10 |
| 2006-09-30 | 0.12 |
| 2006-06-30 | 0.10 |
| 2006-03-31 | 0.09 |
| 2005-12-31 | 0.13 |
| 2005-09-30 | 0.12 |
| 2005-06-30 | 0.11 |
| 2005-03-31 | 0.10 |
| 2004-12-31 | 0.10 |
| 2004-09-30 | 0.08 |
| 2004-06-30 | 0.08 |
| 2004-03-31 | -0.10 |
| 2003-12-31 | -0.11 |
| 2003-09-30 | 0.00 |
| 2003-06-30 | 0.00 |
| 2003-03-31 | 0.00 |