Ani Pharmaceuticals Debt-to-Equity Ratio Growth & History (ANIP)
Ani Pharmaceuticals's debt-to-equity ratio was 0.59 for fiscal 2025.
View full Ani Pharmaceuticals company overviewAni Pharmaceuticals annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.59 | −0.21 | −26.38% |
| 2024 | 2024-12-31 | 0.80 | 0.13 | +19.54% |
| 2023 | 2023-12-31 | 0.67 | −0.25 | −26.82% |
| 2022 | 2022-12-31 | 0.92 | 0.06 | +6.38% |
| 2021 | 2021-12-31 | 0.86 | −0.09 | −9.00% |
| 2020 | 2020-12-31 | 0.95 | 0.08 | +8.59% |
| 2019 | 2019-12-31 | 0.88 | 0.52 | +144.71% |
| 2018 | 2018-12-31 | 0.36 | −0.06 | −14.73% |
| 2017 | 2017-12-31 | 0.42 | 0.42 | — |
| 2016 | 2016-12-31 | 0.00 | −0.71 | — |
| 2015 | 2015-12-31 | 0.71 | −0.05 | −7.03% |
| 2014 | 2014-12-31 | 0.76 | 0.76 | — |
| 2013 | 2013-12-31 | 0.00 | — | — |
| 2010 | 2010-12-31 | 0.06 | — | — |
Ani Pharmaceuticals quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.50 | −0.22 | −29.94% |
| Q1 2026 | 2026-03-31 | 0.54 | −0.21 | −28.19% |
| Q4 2025 | 2025-12-31 | 0.59 | −0.21 | −26.38% |
| Q3 2025 | 2025-09-30 | 0.63 | −0.16 | −20.23% |
| Q2 2025 | 2025-06-30 | 0.72 | 0.09 | +15.13% |
| Q1 2025 | 2025-03-31 | 0.76 | 0.12 | +19.70% |
| Q4 2024 | 2024-12-31 | 0.80 | 0.13 | +19.54% |
| Q3 2024 | 2024-09-30 | 0.79 | 0.12 | +18.55% |
| Q2 2024 | 2024-06-30 | 0.63 | −0.07 | −10.39% |
| Q1 2024 | 2024-03-31 | 0.63 | −0.28 | −30.59% |
| Q4 2023 | 2023-12-31 | 0.67 | −0.25 | −26.82% |
| Q3 2023 | 2023-09-30 | 0.67 | −0.26 | −28.20% |
| Q2 2023 | 2023-06-30 | 0.70 | −0.23 | −24.40% |
| Q1 2023 | 2023-03-31 | 0.91 | 0.01 | +1.35% |
| Q4 2022 | 2022-12-31 | 0.92 | 0.06 | +6.38% |
| Q3 2022 | 2022-09-30 | 0.93 | −0.13 | −12.37% |
| Q2 2022 | 2022-06-30 | 0.92 | −0.14 | −13.53% |
| Q1 2022 | 2022-03-31 | 0.90 | −0.00 | −0.49% |
| Q4 2021 | 2021-12-31 | 0.86 | −0.09 | −9.00% |
| Q3 2021 | 2021-09-30 | 1.06 | 0.09 | +9.47% |
| Q2 2021 | 2021-06-30 | 1.07 | 0.07 | +7.21% |
| Q1 2021 | 2021-03-31 | 0.90 | −0.09 | −9.43% |
| Q4 2020 | 2020-12-31 | 0.95 | 0.08 | +8.59% |
| Q3 2020 | 2020-09-30 | 0.97 | 0.64 | +196.05% |
| Q2 2020 | 2020-06-30 | 1.00 | 0.66 | +194.11% |
| Q1 2020 | 2020-03-31 | 1.00 | 0.64 | +183.05% |
| Q4 2019 | 2019-12-31 | 0.88 | 0.52 | +144.71% |
| Q3 2019 | 2019-09-30 | 0.33 | −0.05 | −12.39% |
| Q2 2019 | 2019-06-30 | 0.34 | −0.05 | −13.46% |
| Q1 2019 | 2019-03-31 | 0.35 | −0.05 | −12.64% |
| Q4 2018 | 2018-12-31 | 0.36 | −0.06 | −14.73% |
| Q3 2018 | 2018-09-30 | 0.37 | −0.32 | −46.11% |
| Q2 2018 | 2018-06-30 | 0.39 | −0.31 | −44.42% |
| Q1 2018 | 2018-03-31 | 0.40 | −0.31 | −43.36% |
| Q4 2017 | 2017-12-31 | 0.42 | 0.42 | — |
| Q3 2017 | 2017-09-30 | 0.69 | −0.01 | −1.83% |
| Q2 2017 | 2017-06-30 | 0.70 | −0.01 | −1.38% |
| Q1 2017 | 2017-03-31 | 0.71 | −0.01 | −1.09% |
| Q4 2016 | 2016-12-31 | 0.00 | −0.71 | — |
| Q3 2016 | 2016-09-30 | 0.70 | −0.04 | −4.76% |
| Q2 2016 | 2016-06-30 | 0.71 | −0.05 | −6.05% |
| Q1 2016 | 2016-03-31 | 0.72 | −0.06 | −7.20% |
| Q4 2015 | 2015-12-31 | 0.71 | −0.05 | −7.03% |
| Q3 2015 | 2015-09-30 | 0.74 | 0.74 | — |
| Q2 2015 | 2015-06-30 | 0.76 | 0.76 | — |
| Q1 2015 | 2015-03-31 | 0.77 | 0.77 | — |
| Q4 2014 | 2014-12-31 | 0.76 | 0.76 | — |
| Q3 2014 | 2014-09-30 | 0.00 | — | — |
| Q2 2014 | 2014-06-30 | 0.00 | — | — |
| Q1 2014 | 2014-03-31 | 0.00 | — | — |
| Q4 2013 | 2013-12-31 | 0.00 | — | — |
| Q3 2011 | 2011-09-30 | 0.03 | — | — |
| Q2 2011 | 2011-06-30 | 0.10 | — | — |
| Q4 2010 | 2010-12-31 | 0.06 | — | — |
Ani Pharmaceuticals debt-to-equity ratio trends
Over the last five fiscal years, Ani Pharmaceuticals's debt-to-equity ratio decreased from 0.95 to 0.59, a change of −0.36. The latest reported quarter, Q2 2026, shows 0.50.
What the debt-to-equity ratio means
The debt-to-equity ratio compares interest-bearing debt with shareholders’ equity. It helps show how much debt financing a company uses relative to its accounting equity, but useful comparison levels vary by industry.
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by SEC-reported shareholders’ equity for the same balance-sheet date. Total liabilities are not treated as debt, and periods with non-positive equity are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Ani Pharmaceuticals source filings ↗