Grab Holdings annual debt-to-equity ratio
2021
2022
2023
2024
2025
Grab Holdings Debt-to-Equity Ratio Growth & History (GRAB)
Grab Holdings's debt-to-equity ratio was 0.34 for fiscal 2025.
View full Grab Holdings company overviewGrab Holdings annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.34 | 0.26 | +316.70% |
| 2024 | 2024-12-31 | 0.08 | −0.07 | −44.91% |
| 2023 | 2023-12-31 | 0.15 | −0.09 | −36.96% |
| 2022 | 2022-12-31 | 0.23 | −0.06 | −20.96% |
| 2021 | 2021-12-31 | 0.30 | — | — |
Grab Holdings quarterly debt-to-equity ratio
Q4.21
Q4.22
Q2.23
Q4.23
Q2.24
Q4.24
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.30 | −0.03 | −8.71% |
| Q1 2026 | 2026-03-31 | 0.30 | — | — |
| Q4 2025 | 2025-12-31 | 0.34 | 0.26 | +316.70% |
| Q3 2025 | 2025-09-30 | 0.33 | — | — |
| Q2 2025 | 2025-06-30 | 0.33 | 0.26 | +364.43% |
| Q4 2024 | 2024-12-31 | 0.08 | −0.07 | −44.91% |
| Q2 2024 | 2024-06-30 | 0.07 | −0.08 | −52.22% |
| Q4 2023 | 2023-12-31 | 0.15 | −0.09 | −36.96% |
| Q2 2023 | 2023-06-30 | 0.15 | — | — |
| Q4 2022 | 2022-12-31 | 0.23 | −0.06 | −20.96% |
| Q4 2021 | 2021-12-31 | 0.30 | — | — |
Grab Holdings debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Grab Holdings's debt-to-equity ratio increased from 0.30 to 0.34, a change of 0.04. The latest reported quarter, Q2 2026, shows 0.30.
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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