Asos annual debt-to-equity ratio
2021
2022
2023
2024
2025
Asos Debt-to-Equity Ratio Growth & History (ASC)
Asos's debt-to-equity ratio was 3.43 for fiscal 2025.
View full Asos company overviewAsos annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-08-31 | 3.43 | 1.55 | +82.78% |
| 2024 | 2024-09-01 | 1.88 | 0.72 | +62.26% |
| 2023 | 2023-09-03 | 1.16 | 0.31 | +37.04% |
| 2022 | 2022-08-31 | 0.84 | 0.08 | +10.10% |
| 2021 | 2021-08-31 | 0.77 | — | — |
Asos quarterly debt-to-equity ratio
Q2.25
Q4.25
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-02-28 | 8.56 | 6.28 | +275.09% |
| Q4 2025 | 2025-08-31 | 3.43 | — | — |
| Q2 2025 | 2025-02-28 | 2.28 | — | — |
Asos debt-to-equity ratio trends
Between the periods ended 2021-08-31 and 2025-08-31, Asos's debt-to-equity ratio increased from 0.77 to 3.43, a change of 2.66. The latest reported quarter, Q2 2026, shows 8.56.
About the metric
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.
Calculation and source
How debt-to-equity is calculated
TickerStat calculates debt-to-equity as total interest-bearing debt divided by 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 Asos source filings ↗