Boxlight Debt-to-Equity Ratio Growth & History (BOXL)
Boxlight's debt-to-equity ratio was 34.12 for fiscal 2025.
View full Boxlight company overviewBoxlight annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 34.12 | — | — |
| 2023 | 2023-12-31 | 3.00 | 2.04 | +212.86% |
| 2022 | 2022-12-31 | 0.96 | −0.20 | −17.12% |
| 2021 | 2021-12-31 | 1.16 | 0.23 | +24.23% |
| 2020 | 2020-12-31 | 0.93 | — | — |
| 2018 | 2018-12-31 | 0.67 | 0.57 | +605.26% |
| 2017 | 2017-12-31 | 0.09 | −3.58 | −97.43% |
| 2016 | 2016-12-31 | 3.68 | 1.32 | +56.05% |
| 2015 | 2015-12-31 | 2.36 | — | — |
Boxlight quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 34.12 | — | — |
| Q3 2024 | 2024-09-30 | 7.62 | 5.86 | +331.78% |
| Q2 2024 | 2024-06-30 | 6.98 | 5.90 | +549.08% |
| Q1 2024 | 2024-03-31 | 5.34 | 4.35 | +438.56% |
| Q4 2023 | 2023-12-31 | 3.00 | 2.04 | +212.86% |
| Q3 2023 | 2023-09-30 | 1.76 | 0.33 | +23.41% |
| Q2 2023 | 2023-06-30 | 1.08 | −0.47 | −30.30% |
| Q1 2023 | 2023-03-31 | 0.99 | −0.38 | −27.90% |
| Q4 2022 | 2022-12-31 | 0.96 | −0.20 | −17.12% |
| Q3 2022 | 2022-09-30 | 1.43 | 0.99 | +228.19% |
| Q2 2022 | 2022-06-30 | 1.54 | 1.17 | +317.93% |
| Q1 2022 | 2022-03-31 | 1.37 | 0.91 | +194.01% |
| Q4 2021 | 2021-12-31 | 1.16 | 0.23 | +24.23% |
| Q3 2021 | 2021-09-30 | 0.44 | −0.07 | −13.49% |
| Q2 2021 | 2021-06-30 | 0.37 | −0.29 | −43.81% |
| Q1 2021 | 2021-03-31 | 0.47 | — | — |
| Q4 2020 | 2020-12-31 | 0.93 | — | — |
| Q3 2020 | 2020-09-30 | 0.50 | −11.82 | −95.91% |
| Q2 2020 | 2020-06-30 | 0.66 | −9.73 | −93.67% |
| Q3 2019 | 2019-09-30 | 12.33 | 11.87 | +2624.57% |
| Q2 2019 | 2019-06-30 | 10.39 | 10.11 | +3683.21% |
| Q1 2019 | 2019-03-31 | 1.64 | 1.54 | +1506.80% |
| Q4 2018 | 2018-12-31 | 0.67 | 0.57 | +605.26% |
| Q3 2018 | 2018-09-30 | 0.45 | −0.05 | −9.62% |
| Q2 2018 | 2018-06-30 | 0.27 | −1.31 | −82.68% |
| Q1 2018 | 2018-03-31 | 0.10 | −3.49 | −97.16% |
| Q4 2017 | 2017-12-31 | 0.09 | −3.58 | −97.43% |
| Q3 2017 | 2017-09-30 | 0.50 | — | — |
| Q2 2017 | 2017-06-30 | 1.59 | — | — |
| Q1 2017 | 2017-03-31 | 3.59 | — | — |
| Q4 2016 | 2016-12-31 | 3.68 | — | — |
Boxlight debt-to-equity ratio trends
Over the last five fiscal years, Boxlight's debt-to-equity ratio increased from 0.93 to 34.12, a change of 33.18. The latest reported quarter, Q4 2025, shows 34.12.
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 Boxlight source filings ↗