Firy Debt-to-Equity Ratio Growth & History (FIRY)
Firy's debt-to-equity ratio was 1.15 for fiscal 2025.
View full Firy company overviewFiry annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.15 | 0.36 | +45.39% |
| 2024 | 2024-12-31 | 0.79 | 0.14 | +21.50% |
| 2023 | 2023-12-31 | 0.65 | −0.39 | −37.30% |
| 2022 | 2022-12-31 | 1.04 | 0.55 | +112.33% |
| 2021 | 2021-12-31 | 0.49 | 0.49 | — |
| 2020 | 2020-12-31 | 0.00 | −0.68 | — |
| 2019 | 2019-12-31 | 0.68 | — | — |
Firy quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 1.57 | 0.67 | +73.71% |
| Q1 2026 | 2026-03-31 | 1.26 | 0.39 | +44.93% |
| Q4 2025 | 2025-12-31 | 1.15 | 0.36 | +45.39% |
| Q3 2025 | 2025-09-30 | 1.01 | 0.33 | +47.85% |
| Q2 2025 | 2025-06-30 | 0.90 | 0.27 | +43.07% |
| Q1 2025 | 2025-03-31 | 0.87 | 0.14 | +19.01% |
| Q4 2024 | 2024-12-31 | 0.79 | 0.14 | +21.50% |
| Q3 2024 | 2024-09-30 | 0.68 | 0.09 | +14.34% |
| Q2 2024 | 2024-06-30 | 0.63 | 0.08 | +15.42% |
| Q1 2024 | 2024-03-31 | 0.73 | −0.40 | −35.14% |
| Q4 2023 | 2023-12-31 | 0.65 | −0.39 | −37.30% |
| Q3 2023 | 2023-09-30 | 0.60 | −0.10 | −14.81% |
| Q2 2023 | 2023-06-30 | 0.55 | −0.06 | −9.91% |
| Q1 2023 | 2023-03-31 | 1.13 | 0.58 | +105.00% |
| Q4 2022 | 2022-12-31 | 1.04 | 0.55 | +112.33% |
| Q3 2022 | 2022-09-30 | 0.70 | 0.70 | — |
| Q2 2022 | 2022-06-30 | 0.61 | 0.61 | — |
| Q1 2022 | 2022-03-31 | 0.55 | 0.55 | — |
| Q4 2021 | 2021-12-31 | 0.49 | 0.49 | — |
| Q3 2021 | 2021-09-30 | 0.00 | — | — |
| Q2 2021 | 2021-06-30 | 0.00 | — | — |
| Q1 2021 | 2021-03-31 | 0.00 | — | — |
| Q4 2020 | 2020-12-31 | 0.00 | −0.52 | — |
| Q4 2019 | 2019-12-31 | 0.52 | — | — |
Firy debt-to-equity ratio trends
Over the last five fiscal years, Firy's debt-to-equity ratio increased from 0.00 to 1.15, a change of 1.15. The latest reported quarter, Q2 2026, shows 1.57.
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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