Guardant Health annual debt-to-equity ratio
2017
2018
2019
2020
2021
2022
2023
Guardant Health Debt-to-Equity Ratio Growth & History (GH)
Guardant Health's debt-to-equity ratio was 8.53 for fiscal 2023.
View full Guardant Health company overviewGuardant Health annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2023 | 2023-12-31 | 8.53 | −14.22 | −62.51% |
| 2022 | 2022-12-31 | 22.75 | 20.62 | +968.32% |
| 2021 | 2021-12-31 | 2.13 | 1.47 | +223.65% |
| 2020 | 2020-12-31 | 0.66 | 0.61 | +1200.60% |
| 2019 | 2019-12-31 | 0.05 | 0.05 | +11217.53% |
| 2018 | 2018-12-31 | 0.00 | −0.00 | −79.06% |
| 2017 | 2017-12-31 | 0.00 | — | — |
Guardant Health quarterly debt-to-equity ratio
Q4.17
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q2.23
Q3.23
Q4.23
Q1.24
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2024 | 2024-03-31 | 19.73 | — | — |
| Q4 2023 | 2023-12-31 | 8.53 | −14.22 | −62.51% |
| Q3 2023 | 2023-09-30 | 5.95 | −2.29 | −27.76% |
| Q2 2023 | 2023-06-30 | 4.65 | 0.34 | +7.79% |
| Q4 2022 | 2022-12-31 | 22.75 | 20.62 | +968.32% |
| Q3 2022 | 2022-09-30 | 8.24 | 6.32 | +329.89% |
| Q2 2022 | 2022-06-30 | 4.32 | 2.60 | +151.36% |
| Q1 2022 | 2022-03-31 | 2.58 | 0.99 | +62.11% |
| Q4 2021 | 2021-12-31 | 2.13 | 1.47 | +223.65% |
| Q3 2021 | 2021-09-30 | 1.92 | 1.87 | +4341.10% |
| Q2 2021 | 2021-06-30 | 1.72 | 1.67 | +3776.68% |
| Q1 2021 | 2021-03-31 | 1.59 | 1.54 | +2946.49% |
| Q4 2020 | 2020-12-31 | 0.66 | 0.61 | +1200.60% |
| Q3 2020 | 2020-09-30 | 0.04 | 0.04 | +25577.31% |
| Q2 2020 | 2020-06-30 | 0.04 | 0.04 | +23348.95% |
| Q1 2020 | 2020-03-31 | 0.05 | 0.05 | +12397.19% |
| Q4 2019 | 2019-12-31 | 0.05 | 0.05 | +11217.53% |
| Q3 2019 | 2019-09-30 | 0.00 | −0.00 | −82.06% |
| Q2 2019 | 2019-06-30 | 0.00 | — | — |
| Q1 2019 | 2019-03-31 | 0.00 | — | — |
| Q4 2018 | 2018-12-31 | 0.00 | −0.00 | −79.06% |
| Q3 2018 | 2018-09-30 | 0.00 | — | — |
| Q4 2017 | 2017-12-31 | 0.00 | — | — |
Guardant Health debt-to-equity ratio trends
Over the last five fiscal years, Guardant Health's debt-to-equity ratio increased from 0.00 to 8.53, a change of 8.53. The latest reported quarter, Q1 2024, shows 19.73.
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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