Dave Debt-to-Equity Ratio Growth & History (DAVE)
Dave's debt-to-equity ratio was 0.00 for fiscal 2025.
View full Dave company overviewDave annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.00 | −0.41 | −99.86% |
| 2024 | 2024-12-31 | 0.41 | −0.46 | −52.63% |
| 2023 | 2023-12-31 | 0.87 | 0.16 | +22.42% |
| 2022 | 2022-12-31 | 0.71 | −0.27 | −27.25% |
| 2021 | 2021-12-31 | 0.98 | — | — |
Dave quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.93 | 0.58 | +167.98% |
| Q1 2026 | 2026-03-31 | 0.95 | 0.57 | +150.58% |
| Q4 2025 | 2025-12-31 | 0.00 | −0.41 | −99.86% |
| Q3 2025 | 2025-09-30 | 0.26 | −0.23 | −46.75% |
| Q2 2025 | 2025-06-30 | 0.35 | −0.19 | −34.97% |
| Q1 2025 | 2025-03-31 | 0.38 | −0.22 | −36.43% |
| Q4 2024 | 2024-12-31 | 0.41 | −0.46 | −52.63% |
| Q3 2024 | 2024-09-30 | 0.49 | −0.47 | −49.17% |
| Q2 2024 | 2024-06-30 | 0.53 | −0.37 | −40.65% |
| Q1 2024 | 2024-03-31 | 0.60 | −0.16 | −21.37% |
| Q4 2023 | 2023-12-31 | 0.87 | 0.16 | +22.42% |
| Q3 2023 | 2023-09-30 | 0.95 | 0.58 | +156.44% |
| Q2 2023 | 2023-06-30 | 0.90 | 0.67 | +297.53% |
| Q1 2023 | 2023-03-31 | 0.76 | 0.53 | +237.33% |
| Q4 2022 | 2022-12-31 | 0.71 | −0.27 | −27.25% |
| Q3 2022 | 2022-09-30 | 0.37 | — | — |
| Q2 2022 | 2022-06-30 | 0.23 | — | — |
| Q1 2022 | 2022-03-31 | 0.22 | — | — |
| Q4 2021 | 2021-12-31 | 0.98 | — | — |
Dave debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Dave's debt-to-equity ratio decreased from 0.98 to 0.00, a change of −0.98. The latest reported quarter, Q2 2026, shows 0.93.
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.
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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