Cosan S.A annual debt-to-equity ratio
2018
2019
2020
2021
2022
2023
2024
2025
Cosan S.A Debt-to-Equity Ratio Growth & History (CSAN)
Cosan S.A's debt-to-equity ratio was 13.32 for fiscal 2025.
View full Cosan S.A company overviewCosan S.A annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 13.32 | 6.63 | +99.02% |
| 2024 | 2024-12-31 | 6.69 | 3.72 | +125.52% |
| 2023 | 2023-12-31 | 2.97 | 0.23 | +8.43% |
| 2022 | 2022-12-31 | 2.74 | −0.58 | −17.55% |
| 2021 | 2021-12-31 | 3.32 | −5.28 | −61.42% |
| 2020 | 2020-12-31 | 8.60 | 2.37 | +38.11% |
| 2019 | 2019-12-31 | 6.23 | 4.86 | +355.03% |
| 2018 | 2018-12-31 | 1.37 | — | — |
Cosan S.A quarterly debt-to-equity ratio
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
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 | 12.26 | 2.97 | +31.98% |
| Q1 2026 | 2026-03-31 | 18.57 | 10.07 | +118.48% |
| Q4 2025 | 2025-12-31 | 13.32 | 6.63 | +99.02% |
| Q3 2025 | 2025-09-30 | 11.40 | — | — |
| Q2 2025 | 2025-06-30 | 9.29 | — | — |
| Q1 2025 | 2025-03-31 | 8.50 | — | — |
| Q4 2024 | 2024-12-31 | 6.69 | 3.72 | +125.52% |
| Q4 2023 | 2023-12-31 | 2.97 | 0.23 | +8.43% |
| Q4 2022 | 2022-12-31 | 2.74 | −0.58 | −17.55% |
| Q4 2021 | 2021-12-31 | 3.32 | −5.28 | −61.42% |
| Q4 2020 | 2020-12-31 | 8.60 | 3.22 | +59.96% |
| Q4 2019 | 2019-12-31 | 5.38 | — | — |
Cosan S.A debt-to-equity ratio trends
Over the last five fiscal years, Cosan S.A's debt-to-equity ratio increased from 8.60 to 13.32, a change of 4.71. The latest reported quarter, Q2 2026, shows 12.26.
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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