Cogent Biosciences Debt-to-Equity Ratio Growth & History (COGT)
Cogent Biosciences's debt-to-equity ratio was 0.38 for fiscal 2025.
View full Cogent Biosciences company overviewCogent Biosciences annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.38 | 0.31 | +450.59% |
| 2024 | 2024-12-31 | 0.07 | −0.00 | −6.80% |
| 2023 | 2023-12-31 | 0.07 | −0.00 | −4.82% |
| 2022 | 2022-12-31 | 0.08 | 0.06 | +421.60% |
| 2021 | 2021-12-31 | 0.01 | −0.01 | −33.61% |
| 2020 | 2020-12-31 | 0.02 | −0.17 | −88.32% |
| 2019 | 2019-12-31 | 0.19 | — | — |
Cogent Biosciences quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.46 | 0.07 | +17.27% |
| Q1 2026 | 2026-03-31 | 0.39 | 0.31 | +403.21% |
| Q4 2025 | 2025-12-31 | 0.38 | 0.31 | +450.59% |
| Q3 2025 | 2025-09-30 | 0.20 | 0.14 | +253.36% |
| Q2 2025 | 2025-06-30 | 0.39 | 0.34 | +703.04% |
| Q1 2025 | 2025-03-31 | 0.08 | 0.03 | +77.94% |
| Q4 2024 | 2024-12-31 | 0.07 | −0.00 | −6.80% |
| Q3 2024 | 2024-09-30 | 0.06 | −0.01 | −10.49% |
| Q2 2024 | 2024-06-30 | 0.05 | −0.01 | −12.32% |
| Q1 2024 | 2024-03-31 | 0.04 | −0.04 | −49.62% |
| Q4 2023 | 2023-12-31 | 0.07 | −0.00 | −4.82% |
| Q3 2023 | 2023-09-30 | 0.06 | −0.01 | −8.61% |
| Q2 2023 | 2023-06-30 | 0.06 | −0.03 | −36.77% |
| Q1 2023 | 2023-03-31 | 0.09 | 0.07 | +364.34% |
| Q4 2022 | 2022-12-31 | 0.08 | 0.06 | +421.60% |
| Q3 2022 | 2022-09-30 | 0.07 | 0.05 | +270.10% |
| Q2 2022 | 2022-06-30 | 0.09 | 0.07 | +343.66% |
| Q1 2022 | 2022-03-31 | 0.02 | −0.00 | −9.97% |
| Q4 2021 | 2021-12-31 | 0.01 | −0.01 | −33.61% |
| Q3 2021 | 2021-09-30 | 0.02 | — | — |
| Q2 2021 | 2021-06-30 | 0.02 | −0.25 | −92.73% |
| Q1 2021 | 2021-03-31 | 0.02 | −0.20 | −90.52% |
| Q4 2020 | 2020-12-31 | 0.02 | −0.17 | −88.32% |
| Q2 2020 | 2020-06-30 | 0.27 | 0.10 | +59.65% |
| Q1 2020 | 2020-03-31 | 0.22 | 0.07 | +51.37% |
| Q4 2019 | 2019-12-31 | 0.19 | — | — |
| Q3 2019 | 2019-09-30 | 0.22 | — | — |
| Q2 2019 | 2019-06-30 | 0.17 | — | — |
| Q1 2019 | 2019-03-31 | 0.15 | — | — |
Cogent Biosciences debt-to-equity ratio trends
Over the last five fiscal years, Cogent Biosciences's debt-to-equity ratio increased from 0.02 to 0.38, a change of 0.35. The latest reported quarter, Q2 2026, shows 0.46.
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.
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