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 -12.08 is 21732% below its 5-year average of -0.06, near the low end of its 5-year range (-12.08–2.20).
As of the fiscal period ended Tuesday, June 30, 2026. 640.35% below its 12-month average of -1.63.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): -12.08.
DEBT TO EQUITY RATIO
-12.08
DEBT TO EQUITY RATIO AVG TTM
-1.63
DEBT TO EQUITY RATIO AVG 3Y
-0.03
DEBT TO EQUITY RATIO AVG 5Y
-0.06
DEBT TO EQUITY RATIO AVG 10Y
0.05
DEBT TO EQUITY RATIO AVG 15Y
N/A
DEBT TO EQUITY RATIO AVG 20Y
N/A
CURRENT VS TTM AVG
-640.35%
CURRENT VS 3Y AVG
-36840.80%
CURRENT VS 5Y AVG
-21731.55%
CURRENT VS 10Y AVG
-25783.66%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · HEALTHCARE
0.13
median of 528 covered companies
CURRENT VS SECTOR MEDIAN
-9389.04%
vs the sector median at left
Dare Bioscience, Inc.
Market Cap
$12.43M
Debt to Equity Ratio
-12.08
TTM Avg
-1.63
3Y Avg
-0.03
5Y Avg
-0.06
Market Cap
$12.41M
Debt to Equity Ratio
1.10
TTM Avg
0.92
3Y Avg
1.14
5Y Avg
0.73
Market Cap
$11.87M
Debt to Equity Ratio
N/A
TTM Avg
6.01
3Y Avg
3.01
5Y Avg
2.01
Market Cap
$12.94M
Debt to Equity Ratio
0.05
TTM Avg
0.04
3Y Avg
0.04
5Y Avg
0.03
Market Cap
$11.75M
Debt to Equity Ratio
N/A
TTM Avg
3.67
3Y Avg
2.17
5Y Avg
1.48
Market Cap
$11.50M
Debt to Equity Ratio
0.01
TTM Avg
0.00
3Y Avg
0.00
5Y Avg
0.00
Market Cap
$13.41M
Debt to Equity Ratio
0.00
TTM Avg
0.01
3Y Avg
0.03
5Y Avg
0.20
Market Cap
$11.50M
Debt to Equity Ratio
0.00
TTM Avg
0.00
3Y Avg
0.01
5Y Avg
0.02
Market Cap
$11.38M
Debt to Equity Ratio
0.00
TTM Avg
0.00
3Y Avg
0.00
5Y Avg
0.01
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dare Bioscience, Inc. (DARE) | $12.43M | -12.08 | -1.63 | -0.03 | -0.06 |
| IRIDEX Corporation (IRIX)vs › | $12.41M | 1.10 | 0.92 | 1.14 | 0.73 |
| Lantern Pharma Inc. (LTRN)vs › | $11.87M | N/A | 6.01 | 3.01 | 2.01 |
| Cellectar Biosciences, Inc. (CLRB)vs › | $12.94M | 0.05 | 0.04 | 0.04 | 0.03 |
| Cytosorbents Corporation (CTSO)vs › | $11.75M | N/A | 3.67 | 2.17 | 1.48 |
| Bullfrog AI Holdings, Inc. Common Stock (BFRG)vs › | $11.50M | 0.01 | 0.00 | 0.00 | 0.00 |
| Vyome Holdings, Inc. (HIND)vs › | $13.41M | 0.00 | 0.01 | 0.03 | 0.20 |
| Adial Pharmaceuticals, Inc. (ADIL)vs › | $11.50M | 0.00 | 0.00 | 0.01 | 0.02 |
| Lisata Therapeutics, Inc. (LSTA)vs › | $11.38M | 0.00 | 0.00 | 0.00 | 0.01 |
| Biofrontera Inc. (BFRI)vs › | $11.09M | 1.26 | 0.85 | 0.72 | 0.48 |
Debt/Equity
-12.08
Current Ratio
0.99
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 | -12.08 |
| 2026-03-31 | 2.20 |
| 2025-12-31 | 0.93 |
| 2025-09-30 | 1.03 |
| 2025-06-30 | -0.24 |
| 2025-03-31 | -0.87 |
| 2024-12-31 | -0.22 |
| 2024-09-30 | -0.95 |
| 2024-06-30 | 0.57 |
| 2024-03-31 | -0.15 |
| 2023-12-31 | -0.28 |
| 2023-09-30 | -0.09 |
| 2023-06-30 | -0.11 |
| 2023-03-31 | 0.08 |
| 2022-12-31 | 0.04 |
| 2022-09-30 | 0.02 |
| 2022-06-30 | 0.03 |
| 2022-03-31 | 0.04 |
| 2021-12-31 | 0.01 |
| 2021-09-30 | 0.01 |
| 2021-06-30 | 0.06 |
| 2021-03-31 | 0.18 |
| 2020-12-31 | -0.66 |
| 2020-09-30 | -0.62 |
| 2020-06-30 | 3.08 |
| 2020-03-31 | 0.21 |
| 2019-12-31 | 1.82 |
| 2019-09-30 | 0.15 |
| 2019-06-30 | 0.02 |
| 2019-03-31 | 0.04 |
| 2018-12-31 | 0.00 |
| 2018-09-30 | 0.00 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 0.00 |
| 2017-09-30 | 0.00 |
| 2017-06-30 | 0.21 |
| 2017-03-31 | 0.10 |
| 2016-12-31 | 0.98 |
| 2016-09-30 | 0.89 |
| 2016-06-30 | 0.64 |
| 2016-03-31 | 0.51 |
| 2015-12-31 | 0.42 |
| 2015-09-30 | 0.25 |
| 2015-06-30 | 0.21 |
| 2015-03-31 | 0.36 |
| 2014-12-31 | 0.07 |
| 2014-09-30 | 0.07 |
| 2014-06-30 | 0.08 |
| 2014-03-31 | -0.24 |
| 2013-12-31 | -2.24 |
| 2013-09-30 | 0.00 |
| 2013-06-30 | 0.00 |
| 2013-03-31 | 0.00 |