Brenx annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Brenx Debt-to-Equity Ratio Growth & History (BRNX)
Brenx's debt-to-equity ratio was 1.74 for fiscal 2025.
View full Brenx company overviewBrenx annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.74 | 1.63 | +1404.16% |
| 2024 | 2024-12-31 | 0.12 | −2.12 | −94.83% |
| 2023 | 2023-12-31 | 2.24 | 1.57 | +234.43% |
| 2022 | 2022-12-31 | 0.67 | 0.23 | +51.98% |
| 2021 | 2021-12-31 | 0.44 | −0.71 | −61.84% |
| 2020 | 2020-12-31 | 1.16 | — | — |
Brenx quarterly debt-to-equity ratio
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q4.25
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 1.74 | 1.63 | +1404.16% |
| Q2 2025 | 2025-06-30 | 0.29 | 0.17 | +133.18% |
| Q4 2024 | 2024-12-31 | 0.12 | −2.12 | −94.83% |
| Q2 2024 | 2024-06-30 | 0.13 | −0.08 | −39.51% |
| Q4 2023 | 2023-12-31 | 2.24 | 1.57 | +234.43% |
| Q2 2023 | 2023-06-30 | 0.21 | — | — |
| Q4 2022 | 2022-12-31 | 0.67 | — | — |
Brenx debt-to-equity ratio trends
Over the last five fiscal years, Brenx's debt-to-equity ratio increased from 1.16 to 1.74, a change of 0.59. The latest reported quarter, Q4 2025, shows 1.74.
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.
Review Brenx source filings ↗