Accuray Debt-to-Equity Ratio Growth & History (ARAY)
Accuray's debt-to-equity ratio was 4.41 for fiscal 2026.
View full Accuray company overviewAccuray annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2026 | 2026-06-30 | 4.41 | 2.08 | +89.26% |
| 2025 | 2025-06-30 | 2.33 | −2.52 | −51.93% |
| 2024 | 2024-06-30 | 4.85 | 0.92 | +23.39% |
| 2023 | 2023-06-30 | 3.93 | 0.02 | +0.41% |
| 2022 | 2022-06-30 | 3.91 | 0.96 | +32.52% |
| 2021 | 2021-06-30 | 2.95 | −0.53 | −15.28% |
| 2020 | 2020-06-30 | 3.48 | −0.41 | −10.58% |
| 2019 | 2019-06-30 | 3.90 | 1.20 | +44.56% |
| 2018 | 2018-06-30 | 2.70 | −0.84 | −23.79% |
| 2017 | 2017-06-30 | 3.54 | 0.01 | +0.28% |
| 2016 | 2016-06-30 | 3.53 | 0.89 | +33.86% |
| 2015 | 2015-06-30 | 2.63 | 0.65 | +32.73% |
| 2014 | 2014-06-30 | 1.98 | 0.12 | +6.69% |
| 2013 | 2013-06-30 | 1.86 | 1.47 | +377.31% |
| 2012 | 2012-06-30 | 0.39 | — | — |
Accuray quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2026 | 2026-06-30 | 4.41 | 2.08 | +89.26% |
| Q3 2026 | 2026-03-31 | 4.37 | −0.10 | −2.30% |
| Q2 2026 | 2025-12-31 | 3.26 | −1.35 | −29.34% |
| Q1 2026 | 2025-09-30 | 3.10 | −1.71 | −35.59% |
| Q4 2025 | 2025-06-30 | 2.33 | −2.52 | −51.93% |
| Q3 2025 | 2025-03-31 | 4.48 | −0.74 | −14.17% |
| Q2 2025 | 2024-12-31 | 4.62 | 0.23 | +5.26% |
| Q1 2025 | 2024-09-30 | 4.82 | 0.67 | +16.24% |
| Q4 2024 | 2024-06-30 | 4.85 | 0.92 | +23.39% |
| Q3 2024 | 2024-03-31 | 5.22 | 1.36 | +35.38% |
| Q2 2024 | 2023-12-31 | 4.39 | 0.27 | +6.49% |
| Q1 2024 | 2023-09-30 | 4.14 | −0.35 | −7.71% |
| Q4 2023 | 2023-06-30 | 3.93 | 0.02 | +0.41% |
| Q3 2023 | 2023-03-31 | 3.85 | −0.21 | −5.14% |
| Q2 2023 | 2022-12-31 | 4.12 | −0.03 | −0.79% |
| Q1 2023 | 2022-09-30 | 4.49 | −0.44 | −8.91% |
| Q4 2022 | 2022-06-30 | 3.91 | 0.96 | +32.52% |
| Q3 2022 | 2022-03-31 | 4.06 | 1.14 | +39.10% |
| Q2 2022 | 2021-12-31 | 4.15 | 1.29 | +44.96% |
| Q1 2022 | 2021-09-30 | 4.93 | 1.72 | +53.34% |
| Q4 2021 | 2021-06-30 | 2.95 | −0.53 | −15.28% |
| Q3 2021 | 2021-03-31 | 2.92 | −0.83 | −22.07% |
| Q2 2021 | 2020-12-31 | 2.86 | −1.04 | −26.66% |
| Q1 2021 | 2020-09-30 | 3.22 | −2.18 | −40.42% |
| Q4 2020 | 2020-06-30 | 3.48 | −0.41 | −10.58% |
| Q3 2020 | 2020-03-31 | 3.75 | −0.02 | −0.62% |
| Q2 2020 | 2019-12-31 | 3.90 | 0.94 | +31.67% |
| Q1 2020 | 2019-09-30 | 5.40 | 2.66 | +97.16% |
| Q4 2019 | 2019-06-30 | 3.90 | 1.20 | +44.56% |
| Q3 2019 | 2019-03-31 | 3.77 | 0.77 | +25.67% |
| Q2 2019 | 2018-12-31 | 2.97 | −0.49 | −14.28% |
| Q1 2019 | 2018-09-30 | 2.74 | −0.51 | −15.74% |
| Q4 2018 | 2018-06-30 | 2.70 | −0.84 | −23.79% |
| Q3 2018 | 2018-03-31 | 3.00 | −0.74 | −19.81% |
| Q2 2018 | 2017-12-31 | 3.46 | −0.19 | −5.17% |
| Q1 2018 | 2017-09-30 | 3.25 | −0.03 | −0.95% |
| Q4 2017 | 2017-06-30 | 3.54 | 0.01 | +0.28% |
| Q3 2017 | 2017-03-31 | 3.74 | 0.38 | +11.23% |
| Q2 2017 | 2016-12-31 | 3.65 | 0.25 | +7.40% |
| Q1 2017 | 2016-09-30 | 3.28 | 0.09 | +2.70% |
| Q4 2016 | 2016-06-30 | 3.53 | 0.89 | +33.86% |
| Q3 2016 | 2016-03-31 | 3.36 | 0.74 | +27.97% |
| Q2 2016 | 2015-12-31 | 3.40 | 0.77 | +29.51% |
| Q1 2016 | 2015-09-30 | 3.19 | 0.74 | +30.22% |
| Q4 2015 | 2015-06-30 | 2.63 | 0.65 | +32.73% |
| Q3 2015 | 2015-03-31 | 2.63 | 0.52 | +24.49% |
| Q2 2015 | 2014-12-31 | 2.62 | 0.51 | +24.12% |
| Q1 2015 | 2014-09-30 | 2.45 | 0.34 | +16.11% |
| Q4 2014 | 2014-06-30 | 1.98 | 0.12 | +6.69% |
| Q3 2014 | 2014-03-31 | 2.11 | 0.49 | +30.34% |
| Q2 2014 | 2013-12-31 | 2.11 | 1.57 | +290.68% |
| Q1 2014 | 2013-09-30 | 2.11 | 1.65 | +353.68% |
| Q4 2013 | 2013-06-30 | 1.86 | 1.47 | +377.31% |
| Q3 2013 | 2013-03-31 | 1.62 | 1.25 | +335.91% |
| Q2 2013 | 2012-12-31 | 0.54 | 0.20 | +56.57% |
| Q1 2013 | 2012-09-30 | 0.47 | 0.13 | +39.87% |
| Q4 2012 | 2012-06-30 | 0.39 | — | — |
| Q3 2012 | 2012-03-31 | 0.37 | — | — |
| Q2 2012 | 2011-12-31 | 0.35 | — | — |
| Q1 2012 | 2011-09-30 | 0.33 | — | — |
Accuray debt-to-equity ratio trends
Over the last five fiscal years, Accuray's debt-to-equity ratio increased from 2.95 to 4.41, a change of 1.46. The latest reported quarter, Q4 2026, shows 4.41.
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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