Coupang annual debt-to-assets ratio
2020
2021
2022
2023
2024
2025
Coupang Debt-to-Assets Ratio Growth & History (CPNG)
Coupang's debt-to-assets ratio was 0.26 for fiscal 2025.
View full Coupang company overviewCoupang annual debt-to-assets ratio history
| Fiscal year | Period ended | Debt-to-assets ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.26 | 0.02 | +9.28% |
| 2024 | 2024-12-31 | 0.24 | 0.04 | +23.16% |
| 2023 | 2023-12-31 | 0.19 | −0.05 | −18.95% |
| 2022 | 2022-12-31 | 0.24 | 0.03 | +12.33% |
| 2021 | 2021-12-31 | 0.21 | −0.16 | −42.70% |
| 2020 | 2020-12-31 | 0.37 | — | — |
Coupang quarterly debt-to-assets 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-assets ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.32 | 0.11 | +54.85% |
| Q1 2026 | 2026-03-31 | 0.31 | 0.12 | +61.07% |
| Q4 2025 | 2025-12-31 | 0.26 | 0.02 | +9.28% |
| Q3 2025 | 2025-09-30 | 0.23 | 0.06 | +34.11% |
| Q2 2025 | 2025-06-30 | 0.21 | 0.03 | +19.11% |
| Q1 2025 | 2025-03-31 | 0.19 | 0.02 | +12.65% |
| Q4 2024 | 2024-12-31 | 0.24 | 0.04 | +23.16% |
| Q3 2024 | 2024-09-30 | 0.17 | −0.07 | −28.26% |
| Q2 2024 | 2024-06-30 | 0.18 | −0.08 | −31.09% |
| Q1 2024 | 2024-03-31 | 0.17 | −0.08 | −30.65% |
| Q4 2023 | 2023-12-31 | 0.19 | −0.05 | −18.95% |
| Q3 2023 | 2023-09-30 | 0.24 | −0.02 | −8.47% |
| Q2 2023 | 2023-06-30 | 0.25 | −0.01 | −3.04% |
| Q1 2023 | 2023-03-31 | 0.25 | −0.01 | −3.28% |
| Q4 2022 | 2022-12-31 | 0.24 | 0.03 | +12.33% |
| Q3 2022 | 2022-09-30 | 0.26 | 0.04 | +17.96% |
| Q2 2022 | 2022-06-30 | 0.26 | 0.03 | +14.91% |
| Q1 2022 | 2022-03-31 | 0.25 | 0.08 | +43.81% |
| Q4 2021 | 2021-12-31 | 0.21 | −0.16 | −42.70% |
| Q3 2021 | 2021-09-30 | 0.22 | — | — |
| Q2 2021 | 2021-06-30 | 0.23 | — | — |
| Q1 2021 | 2021-03-31 | 0.18 | — | — |
| Q4 2020 | 2020-12-31 | 0.37 | — | — |
Coupang debt-to-assets ratio trends
Over the last five fiscal years, Coupang's debt-to-assets ratio decreased from 0.37 to 0.26, a change of −0.11. The latest reported quarter, Q2 2026, shows 0.32.
About the metric
What the debt-to-assets ratio means
The debt-to-assets ratio shows the portion of a company’s reported assets financed with interest-bearing debt. It is a leverage measure and should not be confused with total liabilities divided by assets.
Calculation and source
How debt-to-assets is calculated
TickerStat calculates debt-to-assets as total interest-bearing debt divided by total assets at the same reporting-period end. Periods with missing debt or non-positive assets are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
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