Eton Pharmaceuticals Debt-to-Equity Ratio Growth & History (ETON)
Eton Pharmaceuticals's debt-to-equity ratio was 1.19 for fiscal 2025.
View full Eton Pharmaceuticals company overviewEton Pharmaceuticals annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.19 | −0.04 | −3.21% |
| 2024 | 2024-12-31 | 1.23 | 1.22 | +25237.98% |
| 2023 | 2023-12-31 | 0.00 | −0.42 | −98.86% |
| 2022 | 2022-12-31 | 0.43 | 0.13 | +42.19% |
| 2021 | 2021-12-31 | 0.30 | −0.08 | −20.42% |
| 2020 | 2020-12-31 | 0.38 | −0.06 | −12.96% |
| 2019 | 2019-12-31 | 0.43 | — | — |
Eton Pharmaceuticals quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.63 | −0.65 | −51.03% |
| Q1 2026 | 2026-03-31 | 1.02 | −0.21 | −17.21% |
| Q4 2025 | 2025-12-31 | 1.19 | −0.04 | −3.21% |
| Q3 2025 | 2025-09-30 | 1.34 | 1.06 | +393.23% |
| Q2 2025 | 2025-06-30 | 1.28 | 0.92 | +253.58% |
| Q1 2025 | 2025-03-31 | 1.23 | 0.90 | +274.19% |
| Q4 2024 | 2024-12-31 | 1.23 | 1.22 | +25237.98% |
| Q3 2024 | 2024-09-30 | 0.27 | 0.02 | +6.56% |
| Q2 2024 | 2024-06-30 | 0.36 | 0.08 | +28.97% |
| Q1 2024 | 2024-03-31 | 0.33 | −0.14 | −29.71% |
| Q4 2023 | 2023-12-31 | 0.00 | −0.42 | −98.86% |
| Q3 2023 | 2023-09-30 | 0.25 | −0.26 | −50.29% |
| Q2 2023 | 2023-06-30 | 0.28 | −0.18 | −38.52% |
| Q1 2023 | 2023-03-31 | 0.47 | −0.01 | −2.10% |
| Q4 2022 | 2022-12-31 | 0.43 | 0.13 | +42.19% |
| Q3 2022 | 2022-09-30 | 0.51 | 0.15 | +41.17% |
| Q2 2022 | 2022-06-30 | 0.46 | 0.16 | +56.52% |
| Q1 2022 | 2022-03-31 | 0.48 | 0.19 | +64.87% |
| Q4 2021 | 2021-12-31 | 0.30 | −0.08 | −20.42% |
| Q3 2021 | 2021-09-30 | 0.36 | −4.32 | −92.27% |
| Q2 2021 | 2021-06-30 | 0.29 | −0.36 | −55.26% |
| Q1 2021 | 2021-03-31 | 0.29 | −0.14 | −32.49% |
| Q4 2020 | 2020-12-31 | 0.38 | −0.06 | −12.96% |
| Q3 2020 | 2020-09-30 | 4.68 | 4.67 | +31652.78% |
| Q2 2020 | 2020-06-30 | 0.65 | 0.64 | +5014.73% |
| Q1 2020 | 2020-03-31 | 0.43 | 0.42 | +3321.58% |
| Q4 2019 | 2019-12-31 | 0.43 | — | — |
| Q3 2019 | 2019-09-30 | 0.01 | — | — |
| Q2 2019 | 2019-06-30 | 0.01 | — | — |
| Q1 2019 | 2019-03-31 | 0.01 | — | — |
Eton Pharmaceuticals debt-to-equity ratio trends
Over the last five fiscal years, Eton Pharmaceuticals's debt-to-equity ratio increased from 0.38 to 1.19, a change of 0.81. The latest reported quarter, Q2 2026, shows 0.63.
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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