Brainsway Debt-to-Equity Ratio Growth & History (BWAY)
Brainsway's debt-to-equity ratio was 0.09 for fiscal 2025.
View full Brainsway company overviewBrainsway annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.09 | 0.00 | +3.16% |
| 2024 | 2024-12-31 | 0.09 | 0.08 | +696.78% |
| 2023 | 2023-12-31 | 0.01 | 0.00 | +5.37% |
| 2022 | 2022-12-31 | 0.01 | −0.00 | −18.27% |
| 2021 | 2021-12-31 | 0.01 | −0.02 | −61.57% |
| 2020 | 2020-12-31 | 0.03 | −0.01 | −23.03% |
| 2019 | 2019-12-31 | 0.04 | −0.36 | −89.09% |
| 2018 | 2018-12-31 | 0.41 | — | — |
Brainsway quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.09 | 0.00 | +0.11% |
| Q1 2026 | 2026-03-31 | 0.09 | 0.00 | +1.35% |
| Q4 2025 | 2025-12-31 | 0.09 | 0.00 | +3.16% |
| Q3 2025 | 2025-09-30 | 0.10 | — | — |
| Q2 2025 | 2025-06-30 | 0.09 | — | — |
| Q1 2025 | 2025-03-31 | 0.09 | — | — |
| Q4 2024 | 2024-12-31 | 0.09 | 0.08 | +696.78% |
| Q4 2023 | 2023-12-31 | 0.01 | 0.00 | +5.37% |
| Q4 2022 | 2022-12-31 | 0.01 | −0.00 | −18.27% |
| Q4 2021 | 2021-12-31 | 0.01 | −0.02 | −61.57% |
| Q4 2020 | 2020-12-31 | 0.03 | −0.01 | −23.03% |
| Q4 2019 | 2019-12-31 | 0.04 | — | — |
Brainsway debt-to-equity ratio trends
Over the last five fiscal years, Brainsway's debt-to-equity ratio increased from 0.03 to 0.09, a change of 0.06. The latest reported quarter, Q2 2026, shows 0.09.
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 Brainsway source filings ↗