Digital Turbine Debt-to-Equity Ratio Growth & History (APPS)
Digital Turbine's debt-to-equity ratio was 1.84 for fiscal 2025.
View full Digital Turbine company overviewDigital Turbine annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2026-03-31 | 1.84 | −0.74 | −28.61% |
| 2024 | 2025-03-31 | 2.58 | 0.75 | +40.67% |
| 2023 | 2024-03-31 | 1.83 | 1.14 | +164.03% |
| 2022 | 2023-03-31 | 0.69 | −0.37 | −34.88% |
| 2021 | 2022-03-31 | 1.07 | 0.93 | +669.62% |
| 2020 | 2021-03-31 | 0.14 | −0.10 | −42.00% |
| 2019 | 2020-03-31 | 0.24 | 0.24 | — |
| 2018 | 2019-03-31 | 0.00 | −0.14 | — |
| 2017 | 2018-03-31 | 0.14 | −0.02 | −10.34% |
| 2016 | 2017-03-31 | 0.16 | 0.03 | +23.10% |
| 2015 | 2016-03-31 | 0.13 | 0.01 | +8.57% |
| 2014 | 2015-03-31 | 0.12 | — | — |
| 2012 | 2013-03-31 | 6.82 | 6.27 | +1133.75% |
| 2011 | 2012-03-31 | 0.55 | −1.26 | −69.41% |
| 2010 | 2011-03-31 | 1.81 | — | — |
Digital Turbine quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-06-30 | 1.87 | −0.68 | −26.82% |
| Q4 2025 | 2026-03-31 | 1.84 | −0.74 | −28.61% |
| Q3 2025 | 2025-12-31 | 1.86 | −0.67 | −26.54% |
| Q2 2025 | 2025-09-30 | 2.73 | 0.46 | +20.11% |
| Q1 2025 | 2025-06-30 | 2.55 | 0.51 | +25.18% |
| Q4 2024 | 2025-03-31 | 2.58 | 0.75 | +40.67% |
| Q3 2024 | 2024-12-31 | 2.54 | 1.70 | +202.29% |
| Q2 2024 | 2024-09-30 | 2.28 | 1.42 | +165.56% |
| Q1 2024 | 2024-06-30 | 2.04 | 1.36 | +201.02% |
| Q4 2023 | 2024-03-31 | 1.83 | 1.14 | +164.03% |
| Q3 2023 | 2023-12-31 | 0.84 | 0.12 | +17.36% |
| Q2 2023 | 2023-09-30 | 0.86 | 0.07 | +9.17% |
| Q1 2023 | 2023-06-30 | 0.68 | −0.17 | −19.91% |
| Q4 2022 | 2023-03-31 | 0.69 | −0.37 | −34.88% |
| Q3 2022 | 2022-12-31 | 0.72 | −0.05 | −6.78% |
| Q2 2022 | 2022-09-30 | 0.78 | 0.22 | +38.45% |
| Q1 2022 | 2022-06-30 | 0.85 | 0.30 | +55.43% |
| Q4 2021 | 2022-03-31 | 1.07 | 0.93 | +669.62% |
| Q3 2021 | 2021-12-31 | 0.77 | 0.56 | +275.02% |
| Q2 2021 | 2021-09-30 | 0.57 | 0.32 | +127.81% |
| Q1 2021 | 2021-06-30 | 0.54 | 0.27 | +98.76% |
| Q4 2020 | 2021-03-31 | 0.14 | −0.10 | −42.00% |
| Q3 2020 | 2020-12-31 | 0.20 | 0.16 | +343.56% |
| Q2 2020 | 2020-09-30 | 0.25 | 0.19 | +336.68% |
| Q1 2020 | 2020-06-30 | 0.27 | 0.20 | +260.69% |
| Q4 2019 | 2020-03-31 | 0.24 | 0.24 | — |
| Q3 2019 | 2019-12-31 | 0.05 | −0.06 | −55.60% |
| Q2 2019 | 2019-09-30 | 0.06 | −0.05 | −46.37% |
| Q1 2019 | 2019-06-30 | 0.08 | −0.06 | −45.25% |
| Q4 2018 | 2019-03-31 | 0.00 | −0.14 | — |
| Q3 2018 | 2018-12-31 | 0.10 | −0.02 | −16.32% |
| Q2 2018 | 2018-09-30 | 0.11 | −0.04 | −26.58% |
| Q1 2018 | 2018-06-30 | 0.14 | −0.07 | −31.94% |
| Q4 2017 | 2018-03-31 | 0.14 | −0.02 | −10.34% |
| Q3 2017 | 2017-12-31 | 0.12 | −0.01 | −10.12% |
| Q2 2017 | 2017-09-30 | 0.14 | 0.01 | +7.92% |
| Q1 2017 | 2017-06-30 | 0.20 | 0.07 | +48.19% |
| Q4 2016 | 2017-03-31 | 0.16 | 0.03 | +23.10% |
| Q3 2016 | 2016-12-31 | 0.14 | 0.02 | +13.15% |
| Q2 2016 | 2016-09-30 | 0.13 | −0.00 | −0.79% |
| Q1 2016 | 2016-06-30 | 0.14 | 0.01 | +9.66% |
| Q4 2015 | 2016-03-31 | 0.13 | 0.01 | +8.57% |
| Q3 2015 | 2015-12-31 | 0.12 | 0.12 | — |
| Q2 2015 | 2015-09-30 | 0.14 | 0.14 | — |
| Q1 2015 | 2015-06-30 | 0.13 | 0.13 | — |
| Q4 2014 | 2015-03-31 | 0.12 | 0.12 | — |
| Q3 2014 | 2014-12-31 | 0.00 | 0.00 | — |
| Q2 2014 | 2014-09-30 | 0.00 | 0.00 | — |
| Q1 2014 | 2014-06-30 | 0.00 | −1.60 | — |
| Q4 2013 | 2014-03-31 | 0.00 | −6.82 | — |
| Q3 2013 | 2013-12-31 | 0.00 | −1.54 | — |
| Q2 2013 | 2013-09-30 | 0.00 | −1.08 | — |
| Q1 2013 | 2013-06-30 | 1.60 | 0.93 | +138.96% |
| Q4 2012 | 2013-03-31 | 6.82 | 6.27 | +1133.75% |
| Q3 2012 | 2012-12-31 | 1.54 | — | — |
| Q2 2012 | 2012-09-30 | 1.08 | −3.40 | −75.92% |
| Q1 2012 | 2012-06-30 | 0.67 | −1.43 | −68.12% |
| Q4 2011 | 2012-03-31 | 0.55 | −1.26 | −69.41% |
| Q2 2011 | 2011-09-30 | 4.48 | — | — |
| Q1 2011 | 2011-06-30 | 2.11 | — | — |
| Q4 2010 | 2011-03-31 | 1.81 | — | — |
Digital Turbine debt-to-equity ratio trends
Over the last five fiscal years, Digital Turbine's debt-to-equity ratio increased from 0.14 to 1.84, a change of 1.70. The latest reported quarter, Q1 2026, shows 1.87.
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.
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