Bel Fuse annual debt-to-equity ratio
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2025
Bel Fuse Debt-to-Equity Ratio Growth & History (BELFA)
Bel Fuse's debt-to-equity ratio was 0.52 for fiscal 2025.
View full Bel Fuse company overviewBel Fuse annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.52 | −0.35 | −40.03% |
| 2024 | 2024-12-31 | 0.87 | 0.63 | +260.33% |
| 2023 | 2023-12-31 | 0.24 | −0.21 | −46.46% |
| 2022 | 2022-12-31 | 0.45 | −0.20 | −30.60% |
| 2021 | 2021-12-31 | 0.65 | −0.05 | −7.71% |
| 2020 | 2020-12-31 | 0.71 | −0.27 | −27.39% |
| 2019 | 2019-12-31 | 0.97 | 0.33 | +50.29% |
| 2018 | 2018-12-31 | 0.65 | −0.13 | −16.68% |
| 2017 | 2017-12-31 | 0.78 | −0.11 | −12.87% |
| 2016 | 2016-12-31 | 0.89 | 0.10 | +13.23% |
| 2015 | 2015-12-31 | 0.79 | −0.25 | −24.09% |
| 2014 | 2014-12-31 | 1.04 | 1.04 | — |
| 2013 | 2013-12-31 | 0.00 | — | — |
Bel Fuse quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.04 | −0.64 | −94.46% |
| Q1 2026 | 2026-03-31 | 0.52 | −0.30 | −36.52% |
| Q4 2025 | 2025-12-31 | 0.52 | −0.35 | −40.03% |
| Q3 2025 | 2025-09-30 | 0.58 | 0.35 | +155.91% |
| Q2 2025 | 2025-06-30 | 0.68 | 0.45 | +194.96% |
| Q1 2025 | 2025-03-31 | 0.81 | 0.58 | +245.39% |
| Q4 2024 | 2024-12-31 | 0.87 | 0.63 | +260.33% |
| Q3 2024 | 2024-09-30 | 0.23 | −0.03 | −10.88% |
| Q2 2024 | 2024-06-30 | 0.23 | −0.04 | −15.27% |
| Q1 2024 | 2024-03-31 | 0.23 | −0.20 | −45.69% |
| Q4 2023 | 2023-12-31 | 0.24 | −0.21 | −46.46% |
| Q3 2023 | 2023-09-30 | 0.25 | −0.30 | −54.14% |
| Q2 2023 | 2023-06-30 | 0.27 | −0.33 | −55.08% |
| Q1 2023 | 2023-03-31 | 0.43 | −0.21 | −32.41% |
| Q4 2022 | 2022-12-31 | 0.45 | −0.20 | −30.60% |
| Q3 2022 | 2022-09-30 | 0.55 | −0.07 | −10.51% |
| Q2 2022 | 2022-06-30 | 0.61 | −0.03 | −4.22% |
| Q1 2022 | 2022-03-31 | 0.64 | −0.04 | −6.23% |
| Q4 2021 | 2021-12-31 | 0.65 | −0.05 | −7.71% |
| Q3 2021 | 2021-09-30 | 0.62 | −0.17 | −21.54% |
| Q2 2021 | 2021-06-30 | 0.63 | −0.27 | −30.25% |
| Q1 2021 | 2021-03-31 | 0.68 | −0.26 | −27.70% |
| Q4 2020 | 2020-12-31 | 0.71 | −0.27 | −27.39% |
| Q3 2020 | 2020-09-30 | 0.79 | 0.03 | +3.91% |
| Q2 2020 | 2020-06-30 | 0.91 | 0.17 | +23.71% |
| Q1 2020 | 2020-03-31 | 0.94 | 0.19 | +25.87% |
| Q4 2019 | 2019-12-31 | 0.97 | 0.33 | +50.29% |
| Q3 2019 | 2019-09-30 | 0.76 | 0.10 | +14.72% |
| Q2 2019 | 2019-06-30 | 0.73 | 0.03 | +3.60% |
| Q1 2019 | 2019-03-31 | 0.75 | 0.01 | +0.92% |
| Q4 2018 | 2018-12-31 | 0.65 | −0.13 | −16.68% |
| Q3 2018 | 2018-09-30 | 0.66 | −0.02 | −2.50% |
| Q2 2018 | 2018-06-30 | 0.71 | −0.06 | −8.10% |
| Q1 2018 | 2018-03-31 | 0.74 | −0.15 | −16.39% |
| Q4 2017 | 2017-12-31 | 0.78 | −0.11 | −12.87% |
| Q3 2017 | 2017-09-30 | 0.68 | −0.23 | −24.97% |
| Q2 2017 | 2017-06-30 | 0.77 | −0.26 | −25.00% |
| Q1 2017 | 2017-03-31 | 0.89 | −0.32 | −26.52% |
| Q4 2016 | 2016-12-31 | 0.89 | 0.10 | +13.23% |
| Q3 2016 | 2016-09-30 | 0.91 | 0.05 | +6.34% |
| Q2 2016 | 2016-06-30 | 1.03 | 0.12 | +13.80% |
| Q1 2016 | 2016-03-31 | 1.21 | 0.21 | +20.47% |
| Q4 2015 | 2015-12-31 | 0.79 | −0.25 | −24.09% |
| Q3 2015 | 2015-09-30 | 0.85 | −0.17 | −17.01% |
| Q2 2015 | 2015-06-30 | 0.90 | 0.28 | +45.86% |
| Q1 2015 | 2015-03-31 | 1.00 | 1.00 | — |
| Q4 2014 | 2014-12-31 | 1.04 | 1.04 | — |
| Q3 2014 | 2014-09-30 | 1.03 | — | — |
| Q2 2014 | 2014-06-30 | 0.62 | — | — |
| Q1 2014 | 2014-03-31 | 0.00 | — | — |
| Q4 2013 | 2013-12-31 | 0.00 | — | — |
Bel Fuse debt-to-equity ratio trends
Over the last five fiscal years, Bel Fuse's debt-to-equity ratio decreased from 0.71 to 0.52, a change of −0.18. The latest reported quarter, Q2 2026, shows 0.04.
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 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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