FTC Solar annual debt-to-equity ratio
2020
2021
2022
2023
2024
FTC Solar Debt-to-Equity Ratio Growth & History (FTCI)
FTC Solar's debt-to-equity ratio was 0.56 for fiscal 2024.
View full FTC Solar company overviewFTC Solar annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 0.56 | 0.53 | +1771.85% |
| 2023 | 2023-12-31 | 0.03 | 0.01 | +64.82% |
| 2022 | 2022-12-31 | 0.02 | 0.01 | +44.33% |
| 2021 | 2021-12-31 | 0.01 | −0.31 | −96.05% |
| 2020 | 2020-12-31 | 0.32 | — | — |
FTC Solar quarterly debt-to-equity ratio
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2025 | 2025-06-30 | 1.31 | 1.26 | +2845.67% |
| Q1 2025 | 2025-03-31 | 0.72 | 0.69 | +2260.20% |
| Q4 2024 | 2024-12-31 | 0.56 | 0.53 | +1771.85% |
| Q3 2024 | 2024-09-30 | 0.06 | 0.03 | +108.34% |
| Q2 2024 | 2024-06-30 | 0.04 | 0.02 | +53.51% |
| Q1 2024 | 2024-03-31 | 0.03 | −0.01 | −15.95% |
| Q4 2023 | 2023-12-31 | 0.03 | 0.01 | +64.82% |
| Q3 2023 | 2023-09-30 | 0.03 | 0.00 | +10.06% |
| Q2 2023 | 2023-06-30 | 0.03 | 0.01 | +88.15% |
| Q1 2023 | 2023-03-31 | 0.04 | — | — |
| Q4 2022 | 2022-12-31 | 0.02 | 0.01 | +44.33% |
| Q3 2022 | 2022-09-30 | 0.03 | 0.03 | — |
| Q2 2022 | 2022-06-30 | 0.02 | 0.02 | — |
| Q4 2021 | 2021-12-31 | 0.01 | −0.31 | −96.05% |
| 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 | 0.32 | — | — |
FTC Solar debt-to-equity ratio trends
Between the periods ended 2020-12-31 and 2024-12-31, FTC Solar's debt-to-equity ratio increased from 0.32 to 0.56, a change of 0.24. The latest reported quarter, Q2 2025, shows 1.31.
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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