Daqo New Energy annual debt-to-equity ratio
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
Daqo New Energy Debt-to-Equity Ratio Growth & History (DQ)
Daqo New Energy's debt-to-equity ratio was 0.00 for fiscal 2025.
View full Daqo New Energy company overviewDaqo New Energy annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.00 | 0.00 | — |
| 2024 | 2024-12-31 | 0.00 | 0.00 | — |
| 2023 | 2023-12-31 | 0.00 | 0.00 | — |
| 2022 | 2022-12-31 | 0.00 | 0.00 | — |
| 2021 | 2021-12-31 | 0.00 | −0.25 | — |
| 2020 | 2020-12-31 | 0.25 | −0.24 | −48.94% |
| 2019 | 2019-12-31 | 0.49 | 0.17 | +51.45% |
| 2018 | 2018-12-31 | 0.33 | −0.15 | −30.92% |
| 2017 | 2017-12-31 | 0.47 | −0.33 | −41.40% |
| 2016 | 2016-12-31 | 0.81 | −0.20 | −20.02% |
| 2015 | 2015-12-31 | 1.01 | −0.14 | −12.03% |
| 2014 | 2014-12-31 | 1.15 | −0.70 | −37.93% |
| 2013 | 2013-12-31 | 1.85 | 0.32 | +21.32% |
| 2012 | 2012-12-31 | 1.52 | 0.63 | +70.81% |
| 2011 | 2011-12-31 | 0.89 | 0.30 | +51.95% |
| 2010 | 2010-12-31 | 0.59 | — | — |
Daqo New Energy quarterly debt-to-equity ratio
Q4.10
Q4.11
Q4.12
Q4.13
Q3.14
Q4.14
Q4.15
Q4.16
Q4.17
Q4.18
Q4.19
Q4.20
Q4.21
Q4.22
Q4.23
Q4.24
Q4.25
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.00 | 0.00 | — |
| Q4 2024 | 2024-12-31 | 0.00 | 0.00 | — |
| Q4 2023 | 2023-12-31 | 0.00 | 0.00 | — |
| Q4 2022 | 2022-12-31 | 0.00 | 0.00 | — |
| Q4 2021 | 2021-12-31 | 0.00 | −0.25 | — |
| Q4 2020 | 2020-12-31 | 0.25 | −0.24 | −48.94% |
| Q4 2019 | 2019-12-31 | 0.49 | 0.17 | +51.45% |
| Q4 2018 | 2018-12-31 | 0.33 | −0.15 | −30.92% |
| Q4 2017 | 2017-12-31 | 0.47 | −0.33 | −41.40% |
| Q4 2016 | 2016-12-31 | 0.81 | −0.20 | −20.02% |
| Q4 2015 | 2015-12-31 | 1.01 | −0.14 | −12.03% |
| Q4 2014 | 2014-12-31 | 1.15 | −0.70 | −37.93% |
| Q3 2014 | 2014-09-30 | 1.20 | — | — |
| Q4 2013 | 2013-12-31 | 1.85 | 0.32 | +21.32% |
| Q4 2012 | 2012-12-31 | 1.52 | 0.63 | +70.81% |
| Q4 2011 | 2011-12-31 | 0.89 | 0.30 | +51.95% |
| Q4 2010 | 2010-12-31 | 0.59 | — | — |
Daqo New Energy debt-to-equity ratio trends
Over the last five fiscal years, Daqo New Energy's debt-to-equity ratio decreased from 0.25 to 0.00, a change of −0.25. The latest reported quarter, Q4 2025, shows 0.00.
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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