Cytokinetics Debt-to-Equity Ratio Growth & History (CYTK)

Cytokinetics's debt-to-equity ratio was 0.72 for fiscal 2021.

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Cytokinetics annual debt-to-equity ratio history

Cytokinetics annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20212021-12-310.720.28+65.31%
20202020-12-310.44
20182018-12-311.641.35+465.31%
20172017-12-310.29−0.03−8.64%
20162016-12-310.320.10+48.37%
20152015-12-310.210.21
20142014-12-310.00

Cytokinetics debt-to-equity ratio trends

Over the last five fiscal years, Cytokinetics's debt-to-equity ratio increased from 0.32 to 0.72, a change of 0.40. The latest reported quarter, Q2 2024, shows 2.21.

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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