DSwiss Debt-to-Equity Ratio Growth & History (DQWS)
DSwiss's debt-to-equity ratio was 1.44 for fiscal 2024.
View full DSwiss company overviewDSwiss annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 1.44 | 0.78 | +118.88% |
| 2023 | 2023-12-31 | 0.66 | −0.50 | −43.14% |
| 2022 | 2022-12-31 | 1.15 | −1.13 | −49.39% |
| 2021 | 2021-12-31 | 2.28 | — | — |
| 2018 | 2018-12-31 | 0.34 | 0.31 | +954.23% |
| 2017 | 2017-12-31 | 0.03 | −3.85 | −99.16% |
| 2016 | 2016-12-31 | 3.88 | — | — |
DSwiss quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2025 | 2025-09-30 | 1.93 | 1.79 | +1297.13% |
| Q2 2025 | 2025-06-30 | 1.03 | 0.91 | +805.12% |
| Q1 2025 | 2025-03-31 | 1.21 | 1.08 | +789.99% |
| Q4 2024 | 2024-12-31 | 1.44 | 0.78 | +118.88% |
| Q3 2024 | 2024-09-30 | 0.14 | −0.40 | −74.17% |
| Q2 2024 | 2024-06-30 | 0.11 | −1.13 | −90.90% |
| Q1 2024 | 2024-03-31 | 0.14 | −0.98 | −87.80% |
| Q4 2023 | 2023-12-31 | 0.66 | −0.50 | −43.14% |
| Q3 2023 | 2023-09-30 | 0.53 | 0.01 | +1.16% |
| Q2 2023 | 2023-06-30 | 1.25 | −0.21 | −14.47% |
| Q1 2023 | 2023-03-31 | 1.12 | −0.34 | −23.12% |
| Q4 2022 | 2022-12-31 | 1.15 | −1.13 | −49.39% |
| Q3 2022 | 2022-09-30 | 0.53 | −16.33 | −96.87% |
| Q2 2022 | 2022-06-30 | 1.46 | — | — |
| Q1 2022 | 2022-03-31 | 1.45 | — | — |
| Q4 2021 | 2021-12-31 | 2.28 | — | — |
| Q3 2021 | 2021-09-30 | 16.86 | — | — |
| Q4 2018 | 2018-12-31 | 0.34 | 0.31 | +954.23% |
| Q3 2018 | 2018-09-30 | 0.25 | — | — |
| Q4 2017 | 2017-12-31 | 0.03 | −3.85 | −99.16% |
| Q4 2016 | 2016-12-31 | 3.88 | — | — |
DSwiss debt-to-equity ratio trends
Between the periods ended 2016-12-31 and 2024-12-31, DSwiss's debt-to-equity ratio decreased from 3.88 to 1.44, a change of −2.44. The latest reported quarter, Q3 2025, shows 1.93.
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.
Review DSwiss source filings ↗