Coinbase Global annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Coinbase Global Debt-to-Equity Ratio Growth & History (COIN)
Coinbase Global's debt-to-equity ratio was 0.53 for fiscal 2025.
View full Coinbase Global company overviewCoinbase Global annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.53 | 0.07 | +16.06% |
| 2024 | 2024-12-31 | 0.46 | −0.02 | −3.99% |
| 2023 | 2023-12-31 | 0.48 | −0.16 | −25.49% |
| 2022 | 2022-12-31 | 0.64 | 0.09 | +16.28% |
| 2021 | 2021-12-31 | 0.55 | 0.44 | +391.92% |
| 2020 | 2020-12-31 | 0.11 | — | — |
Coinbase Global quarterly debt-to-equity ratio
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.51 | 0.14 | +39.26% |
| Q1 2026 | 2026-03-31 | 0.59 | 0.18 | +43.09% |
| Q4 2025 | 2025-12-31 | 0.53 | 0.07 | +16.06% |
| Q3 2025 | 2025-09-30 | 0.46 | −0.02 | −4.81% |
| Q2 2025 | 2025-06-30 | 0.37 | −0.14 | −27.52% |
| Q1 2025 | 2025-03-31 | 0.41 | −0.11 | −21.29% |
| Q4 2024 | 2024-12-31 | 0.46 | −0.02 | −3.99% |
| Q3 2024 | 2024-09-30 | 0.48 | −0.04 | −7.24% |
| Q2 2024 | 2024-06-30 | 0.51 | −0.08 | −13.37% |
| Q1 2024 | 2024-03-31 | 0.52 | −0.08 | −12.95% |
| Q4 2023 | 2023-12-31 | 0.48 | −0.16 | −25.49% |
| Q3 2023 | 2023-09-30 | 0.52 | −0.10 | −15.39% |
| Q2 2023 | 2023-06-30 | 0.58 | −0.02 | −2.69% |
| Q1 2023 | 2023-03-31 | 0.60 | 0.04 | +7.68% |
| Q4 2022 | 2022-12-31 | 0.64 | 0.09 | +16.28% |
| Q3 2022 | 2022-09-30 | 0.62 | −0.03 | −5.29% |
| Q2 2022 | 2022-06-30 | 0.60 | 0.27 | +82.22% |
| Q1 2022 | 2022-03-31 | 0.56 | 0.51 | +990.91% |
| Q4 2021 | 2021-12-31 | 0.55 | 0.44 | +391.92% |
| Q3 2021 | 2021-09-30 | 0.65 | — | — |
| Q2 2021 | 2021-06-30 | 0.33 | — | — |
| Q1 2021 | 2021-03-31 | 0.05 | — | — |
| Q4 2020 | 2020-12-31 | 0.11 | — | — |
Coinbase Global debt-to-equity ratio trends
Over the last five fiscal years, Coinbase Global's debt-to-equity ratio increased from 0.11 to 0.53, a change of 0.42. The latest reported quarter, Q2 2026, shows 0.51.
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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