Cyanotech annual debt-to-equity ratio
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2025
Cyanotech Debt-to-Equity Ratio Growth & History (CYAN)
Cyanotech's debt-to-equity ratio was 1.30 for fiscal 2025.
View full Cyanotech company overviewCyanotech annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-03-31 | 1.30 | 0.38 | +41.03% |
| 2024 | 2024-03-31 | 0.92 | 0.24 | +35.11% |
| 2023 | 2023-03-31 | 0.68 | 0.24 | +54.70% |
| 2022 | 2022-03-31 | 0.44 | −0.19 | −30.40% |
| 2021 | 2021-03-31 | 0.63 | −0.16 | −19.80% |
| 2020 | 2020-03-31 | 0.79 | 0.40 | +102.14% |
| 2019 | 2019-03-31 | 0.39 | 0.02 | +6.12% |
| 2018 | 2018-03-31 | 0.37 | −0.06 | −14.21% |
| 2017 | 2017-03-31 | 0.43 | −0.02 | −3.86% |
| 2016 | 2016-03-31 | 0.45 | 0.21 | +88.03% |
| 2015 | 2015-03-31 | 0.24 | −0.02 | −7.14% |
| 2014 | 2014-03-31 | 0.26 | −0.02 | −7.53% |
| 2013 | 2013-03-31 | 0.28 | 0.24 | +565.66% |
| 2012 | 2012-03-31 | 0.04 | −0.03 | −38.94% |
| 2011 | 2011-03-31 | 0.07 | — | — |
Cyanotech quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2025-12-31 | 1.51 | 0.29 | +23.44% |
| Q2 2026 | 2025-09-30 | 1.49 | 0.23 | +18.26% |
| Q1 2026 | 2025-06-30 | 1.49 | 0.39 | +35.51% |
| Q4 2025 | 2025-03-31 | 1.30 | 0.38 | +41.03% |
| Q3 2025 | 2024-12-31 | 1.23 | 0.32 | +34.93% |
| Q2 2025 | 2024-09-30 | 1.26 | 0.48 | +61.05% |
| Q1 2025 | 2024-06-30 | 1.10 | 0.34 | +44.08% |
| Q4 2024 | 2024-03-31 | 0.92 | 0.24 | +35.11% |
| Q3 2024 | 2023-12-31 | 0.91 | 0.35 | +62.38% |
| Q2 2024 | 2023-09-30 | 0.78 | 0.27 | +52.87% |
| Q1 2024 | 2023-06-30 | 0.76 | 0.33 | +74.35% |
| Q4 2023 | 2023-03-31 | 0.68 | 0.24 | +54.70% |
| Q3 2023 | 2022-12-31 | 0.56 | 0.12 | +27.35% |
| Q2 2023 | 2022-09-30 | 0.51 | 0.03 | +5.17% |
| Q1 2023 | 2022-06-30 | 0.44 | −0.12 | −21.51% |
| Q4 2022 | 2022-03-31 | 0.44 | −0.19 | −30.40% |
| Q3 2022 | 2021-12-31 | 0.44 | −0.23 | −34.76% |
| Q2 2022 | 2021-09-30 | 0.49 | −0.34 | −40.96% |
| Q1 2022 | 2021-06-30 | 0.56 | −0.30 | −34.83% |
| Q4 2021 | 2021-03-31 | 0.63 | −0.16 | −19.80% |
| Q3 2021 | 2020-12-31 | 0.67 | −0.15 | −18.11% |
| Q2 2021 | 2020-09-30 | 0.82 | −0.02 | −2.87% |
| Q1 2021 | 2020-06-30 | 0.86 | −0.02 | −2.37% |
| Q4 2020 | 2020-03-31 | 0.79 | 0.40 | +102.14% |
| Q3 2020 | 2019-12-31 | 0.82 | 0.48 | +141.46% |
| Q2 2020 | 2019-09-30 | 0.85 | 0.49 | +136.91% |
| Q1 2020 | 2019-06-30 | 0.88 | 0.49 | +126.43% |
| Q4 2019 | 2019-03-31 | 0.39 | 0.02 | +6.12% |
| Q3 2019 | 2018-12-31 | 0.34 | −0.02 | −5.03% |
| Q2 2019 | 2018-09-30 | 0.36 | −0.02 | −6.17% |
| Q1 2019 | 2018-06-30 | 0.39 | −0.02 | −5.11% |
| Q4 2018 | 2018-03-31 | 0.37 | −0.06 | −14.21% |
| Q3 2018 | 2017-12-31 | 0.36 | −0.07 | −16.56% |
| Q2 2018 | 2017-09-30 | 0.38 | −0.05 | −11.30% |
| Q1 2018 | 2017-06-30 | 0.41 | −0.03 | −7.55% |
| Q4 2017 | 2017-03-31 | 0.43 | −0.02 | −3.86% |
| Q3 2017 | 2016-12-31 | 0.43 | 0.10 | +30.15% |
| Q2 2017 | 2016-09-30 | 0.43 | 0.09 | +27.55% |
| Q1 2017 | 2016-06-30 | 0.44 | 0.21 | +88.01% |
| Q4 2016 | 2016-03-31 | 0.45 | 0.21 | +88.03% |
| Q3 2016 | 2015-12-31 | 0.33 | 0.09 | +40.33% |
| Q2 2016 | 2015-09-30 | 0.34 | 0.09 | +37.83% |
| Q1 2016 | 2015-06-30 | 0.23 | −0.02 | −7.06% |
| Q4 2015 | 2015-03-31 | 0.24 | −0.02 | −7.14% |
| Q3 2015 | 2014-12-31 | 0.24 | −0.03 | −10.13% |
| Q2 2015 | 2014-09-30 | 0.24 | −0.02 | −8.43% |
| Q1 2015 | 2014-06-30 | 0.25 | −0.02 | −7.45% |
| Q4 2014 | 2014-03-31 | 0.26 | −0.02 | −7.53% |
| Q3 2014 | 2013-12-31 | 0.26 | 0.13 | +94.19% |
| Q2 2014 | 2013-09-30 | 0.27 | 0.12 | +87.33% |
| Q1 2014 | 2013-06-30 | 0.27 | 0.24 | +652.00% |
| Q4 2013 | 2013-03-31 | 0.28 | 0.24 | +565.66% |
| Q3 2013 | 2012-12-31 | 0.13 | 0.09 | +172.58% |
| Q2 2013 | 2012-09-30 | 0.14 | 0.09 | +152.00% |
| Q1 2013 | 2012-06-30 | 0.04 | −0.03 | −43.53% |
| Q4 2012 | 2012-03-31 | 0.04 | −0.03 | −38.94% |
| Q3 2012 | 2011-12-31 | 0.05 | — | — |
| Q2 2012 | 2011-09-30 | 0.06 | — | — |
| Q1 2012 | 2011-06-30 | 0.06 | — | — |
| Q4 2011 | 2011-03-31 | 0.07 | — | — |
Cyanotech debt-to-equity ratio trends
Over the last five fiscal years, Cyanotech's debt-to-equity ratio increased from 0.79 to 1.30, a change of 0.51. The latest reported quarter, Q3 2026, shows 1.51.
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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