Drax Group annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Drax Group Debt-to-Equity Ratio Growth & History (DRX)
Drax Group's debt-to-equity ratio was 0.63 for fiscal 2025.
View full Drax Group company overviewDrax Group annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.63 | 0.01 | +1.04% |
| 2024 | 2024-12-31 | 0.62 | −0.17 | −21.40% |
| 2023 | 2023-12-31 | 0.79 | −0.42 | −34.87% |
| 2022 | 2022-12-31 | 1.22 | 0.06 | +5.12% |
| 2021 | 2021-12-31 | 1.16 | 0.34 | +41.39% |
| 2020 | 2020-12-31 | 0.82 | — | — |
Drax Group quarterly debt-to-equity ratio
Q4.24
Q4.25
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.63 | 0.01 | +1.04% |
| Q4 2024 | 2024-12-31 | 0.62 | — | — |
Drax Group debt-to-equity ratio trends
Over the last five fiscal years, Drax Group's debt-to-equity ratio decreased from 0.82 to 0.63, a change of −0.19. The latest reported quarter, Q4 2025, shows 0.63.
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 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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