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 0.03 is 46% above its 5-year average of 0.02, near the low end of its 5-year range (-0.03–0.62).
As of the fiscal period ended Tuesday, June 30, 2026. 87.91% above its 12-month average of 0.01.
Reported quarterly debt to equity ratio; no daily interpolation. Q2 FY2026 (2026-06-30): 0.03.
DEBT TO EQUITY RATIO
0.03
DEBT TO EQUITY RATIO AVG TTM
0.01
DEBT TO EQUITY RATIO AVG 3Y
0.02
DEBT TO EQUITY RATIO AVG 5Y
0.02
DEBT TO EQUITY RATIO AVG 10Y
0.02
DEBT TO EQUITY RATIO AVG 15Y
0.01
DEBT TO EQUITY RATIO AVG 20Y
0.03
CURRENT VS TTM AVG
+87.91%
CURRENT VS 3Y AVG
+66.65%
CURRENT VS 5Y AVG
+46.17%
CURRENT VS 10Y AVG
+47.63%
CURRENT VS 15Y AVG
+87.91%
CURRENT VS 20Y AVG
+1.37%
SECTOR MEDIAN · HEALTHCARE
0.11
median of 774 covered companies
CURRENT VS SECTOR MEDIAN
-76.16%
vs the sector median at left
Gyre Therapeutics, Inc.
Market Cap
$787.67M
Debt to Equity Ratio
0.03
TTM Avg
0.01
3Y Avg
0.02
5Y Avg
0.02
Market Cap
$782.00M
Debt to Equity Ratio
1.50
TTM Avg
1.31
3Y Avg
1.32
5Y Avg
1.45
Market Cap
$782.66M
Debt to Equity Ratio
0.56
TTM Avg
0.77
3Y Avg
0.65
5Y Avg
0.53
Market Cap
$775.04M
Debt to Equity Ratio
0.48
TTM Avg
0.43
3Y Avg
0.36
5Y Avg
0.32
Market Cap
$778.00M
Debt to Equity Ratio
0.75
TTM Avg
0.85
3Y Avg
0.85
5Y Avg
0.87
Market Cap
$778.19M
Debt to Equity Ratio
0.34
TTM Avg
0.66
3Y Avg
0.73
5Y Avg
0.51
Market Cap
$766.49M
Debt to Equity Ratio
0.04
TTM Avg
0.01
3Y Avg
0.01
5Y Avg
0.01
Market Cap
$808.66M
Debt to Equity Ratio
0.00
TTM Avg
0.01
3Y Avg
0.01
5Y Avg
0.01
| NAME | MARKET CAP | DEBT TO EQUITY RATIO | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Gyre Therapeutics, Inc. (GYRE) | $787.67M | 0.03 | 0.01 | 0.02 | 0.02 |
| AdaptHealth Corp. (AHCO)vs › | $782.00M | 1.50 | 1.31 | 1.32 | 1.45 |
| Geron Corporation (GERN)vs › | $782.66M | 0.56 | 0.77 | 0.65 | 0.53 |
| Sana Biotechnology, Inc. (SANA)vs › | $775.04M | 0.48 | 0.43 | 0.36 | 0.32 |
| Varex Imaging Corporation (VREX)vs › | $778.00M | 0.75 | 0.85 | 0.85 | 0.87 |
| Lexicon Pharmaceuticals, Inc. (LXRX)vs › | $778.19M | 0.34 | 0.66 | 0.73 | 0.51 |
| InMode Ltd. (INMD)vs › | $802.14M | 0.01 | 0.01 | 0.01 | 0.01 |
| Attovia Therapeutics, Inc. (ATTO)vs › | $766.49M | 0.04 | 0.01 | 0.01 | 0.01 |
| Jade Biosciences, Inc. (JBIO)vs › | $808.66M | 0.00 | 0.01 | 0.01 | 0.01 |
| Ardelyx, Inc. (ARDX)vs › | $810.26M | 1.72 | 1.08 | 0.72 | 0.64 |
Debt/Equity
0.03
Current Ratio
4.26
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 | 0.03 |
| 2026-03-31 | 0.01 |
| 2025-12-31 | 0.01 |
| 2025-09-30 | 0.01 |
| 2025-06-30 | 0.02 |
| 2025-03-31 | 0.02 |
| 2024-12-31 | 0.03 |
| 2024-09-30 | 0.03 |
| 2024-06-30 | 0.03 |
| 2024-03-31 | 0.00 |
| 2023-12-31 | -0.03 |
| 2023-09-30 | 0.00 |
| 2023-06-30 | 0.00 |
| 2023-03-31 | 0.62 |
| 2022-12-31 | 0.01 |
| 2022-09-30 | 0.01 |
| 2022-06-30 | 0.02 |
| 2022-03-31 | 0.07 |
| 2021-12-31 | 0.06 |
| 2021-09-30 | 0.04 |
| 2021-06-30 | 0.03 |
| 2021-03-31 | 0.01 |
| 2020-12-31 | 0.02 |
| 2020-09-30 | 0.02 |
| 2020-06-30 | 0.01 |
| 2020-03-31 | 0.02 |
| 2019-12-31 | 0.03 |
| 2019-09-30 | 0.02 |
| 2019-06-30 | 0.02 |
| 2019-03-31 | 0.02 |
| 2018-12-31 | 0.00 |
| 2018-09-30 | 0.00 |
| 2018-06-30 | 0.00 |
| 2018-03-31 | 0.00 |
| 2017-12-31 | 0.17 |
| 2017-09-30 | 0.22 |
| 2017-06-30 | 0.19 |
| 2017-03-31 | 0.91 |
| 2016-12-31 | 1.21 |
| 2016-09-30 | 1.51 |
| 2016-06-30 | 1.29 |
| 2016-03-31 | 1.11 |
| 2015-12-31 | 1.07 |
| 2015-09-30 | 0.96 |
| 2015-06-30 | 0.00 |
| 2015-03-31 | 0.00 |
| 2014-12-31 | 0.00 |
| 2014-09-30 | 0.00 |
| 2014-06-30 | 0.01 |
| 2014-03-31 | 0.01 |
| 2013-12-31 | 0.01 |
| 2013-09-30 | 0.01 |
| 2013-06-30 | 0.01 |
| 2013-03-31 | 0.01 |
| 2012-12-31 | 0.01 |
| 2012-09-30 | 0.01 |
| 2012-06-30 | 0.01 |
| 2012-03-31 | 0.01 |
| 2011-12-31 | 0.02 |
| 2011-09-30 | 0.02 |
| 2011-06-30 | 0.02 |
| 2011-03-31 | 0.02 |
| 2010-12-31 | 0.03 |
| 2010-09-30 | 0.04 |
| 2010-06-30 | 0.03 |
| 2010-03-31 | 0.04 |
| 2009-12-31 | 0.05 |
| 2009-09-30 | 0.08 |
| 2009-06-30 | 0.09 |
| 2009-03-31 | 0.08 |
| 2008-12-31 | 0.08 |
| 2008-09-30 | 0.08 |
| 2008-06-30 | 0.07 |
| 2008-03-31 | 0.07 |
| 2007-12-31 | 0.05 |
| 2007-09-30 | 0.05 |
| 2007-06-30 | 0.06 |
| 2007-03-31 | 0.02 |
| 2006-12-31 | 0.02 |
| 2006-09-30 | 0.03 |
| 2006-06-30 | 0.04 |
| 2006-03-31 | -0.01 |
| 2005-12-31 | -0.01 |
| 2005-09-30 | 0.00 |
| 2005-06-30 | 0.00 |
| 2005-03-31 | 0.00 |