HA Sustainable Infrastructure Capital Debt-to-Equity Ratio Growth & History (HASI)
HA Sustainable Infrastructure Capital's debt-to-equity ratio was 0.08 for fiscal 2025.
View full HA Sustainable Infrastructure Capital company overviewHA Sustainable Infrastructure Capital annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.08 | 0.04 | +103.68% |
| 2024 | 2024-12-31 | 0.04 | 0.03 | +195.06% |
| 2023 | 2023-12-31 | 0.01 | −0.25 | −94.58% |
| 2022 | 2022-12-31 | 0.26 | −0.05 | −15.09% |
| 2021 | 2021-12-31 | 0.31 | −0.18 | −37.46% |
| 2020 | 2020-12-31 | 0.49 | −0.25 | −34.20% |
| 2019 | 2019-12-31 | 0.74 | −0.29 | −28.24% |
| 2018 | 2018-12-31 | 1.04 | −0.85 | −44.91% |
| 2017 | 2017-12-31 | 1.88 | 0.68 | +56.37% |
| 2016 | 2016-12-31 | 1.20 | −0.33 | −21.59% |
| 2015 | 2015-12-31 | 1.54 | 0.37 | +31.31% |
| 2014 | 2014-12-31 | 1.17 | −0.56 | −32.18% |
| 2013 | 2013-12-31 | 1.73 | — | — |
HA Sustainable Infrastructure Capital quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.00 | −0.14 | −99.97% |
| Q1 2026 | 2026-03-31 | 0.00 | −0.17 | −99.97% |
| Q4 2025 | 2025-12-31 | 0.08 | 0.04 | +103.68% |
| Q3 2025 | 2025-09-30 | 0.25 | 0.24 | +3075.06% |
| Q2 2025 | 2025-06-30 | 0.14 | 0.09 | +189.75% |
| Q1 2025 | 2025-03-31 | 0.17 | 0.15 | +506.70% |
| Q4 2024 | 2024-12-31 | 0.04 | 0.03 | +195.06% |
| Q3 2024 | 2024-09-30 | 0.01 | −0.10 | −92.43% |
| Q2 2024 | 2024-06-30 | 0.05 | −0.20 | −80.68% |
| Q1 2024 | 2024-03-31 | 0.03 | −0.27 | −90.38% |
| Q4 2023 | 2023-12-31 | 0.01 | −0.25 | −94.58% |
| Q3 2023 | 2023-09-30 | 0.10 | −0.20 | −66.26% |
| Q2 2023 | 2023-06-30 | 0.25 | −0.08 | −24.22% |
| Q1 2023 | 2023-03-31 | 0.30 | −0.01 | −3.53% |
| Q4 2022 · Dec 31 | 2022-12-31 | 0.26 | −0.05 | −15.09% |
| Q3 2022 | 2022-09-30 | 0.31 | 0.01 | +3.48% |
| Q2 2022 | 2022-06-30 | 0.32 | −0.01 | −2.95% |
| Q1 2022 | 2022-03-31 | 0.31 | −0.04 | −12.41% |
| Q4 2021 | 2021-12-31 | 0.31 | −0.18 | −37.46% |
| Q3 2021 | 2021-09-30 | 0.30 | −0.25 | −45.61% |
| Q2 2021 | 2021-06-30 | 0.33 | −0.25 | −42.98% |
| Q1 2021 | 2021-03-31 | 0.35 | −0.26 | −42.18% |
| Q4 2020 | 2020-12-31 | 0.49 | −0.25 | −34.20% |
| Q3 2020 | 2020-09-30 | 0.55 | −0.21 | −27.46% |
| Q2 2020 | 2020-06-30 | 0.59 | −0.25 | −29.92% |
| Q1 2020 | 2020-03-31 | 0.61 | −0.36 | −36.90% |
| Q4 2019 | 2019-12-31 | 0.74 | −0.29 | −28.24% |
| Q3 2019 | 2019-09-30 | 0.75 | −0.94 | −55.55% |
| Q2 2019 | 2019-06-30 | 0.84 | −1.02 | −54.87% |
| Q1 2019 | 2019-03-31 | 0.97 | −0.97 | −50.06% |
| Q4 2018 | 2018-12-31 | 1.04 | −0.85 | −44.91% |
| Q3 2018 | 2018-09-30 | 1.69 | 0.05 | +3.13% |
| Q2 2018 | 2018-06-30 | 1.85 | 0.46 | +33.33% |
| Q1 2018 | 2018-03-31 | 1.94 | 0.70 | +56.21% |
| Q4 2017 | 2017-12-31 | 1.88 | 0.68 | +56.37% |
| Q3 2017 | 2017-09-30 | 1.64 | 0.42 | +33.94% |
| Q2 2017 | 2017-06-30 | 1.39 | 0.15 | +11.88% |
| Q1 2017 | 2017-03-31 | 1.24 | −0.28 | −18.64% |
| Q4 2016 | 2016-12-31 | 1.20 | −0.33 | −21.59% |
| Q3 2016 | 2016-09-30 | 1.23 | 0.08 | +6.59% |
| Q2 2016 | 2016-06-30 | 1.24 | 0.36 | +40.61% |
| Q1 2016 | 2016-03-31 | 1.52 | 0.34 | +28.96% |
| Q4 2015 | 2015-12-31 | 1.54 | 0.37 | +31.31% |
| Q3 2015 | 2015-09-30 | 1.15 | 0.19 | +19.32% |
| Q2 2015 | 2015-06-30 | 0.88 | −0.23 | −20.80% |
| Q1 2015 | 2015-03-31 | 1.18 | −0.51 | −30.14% |
| Q4 2014 | 2014-12-31 | 1.17 | −0.56 | −32.18% |
| Q3 2014 | 2014-09-30 | 0.96 | — | — |
| Q2 2014 | 2014-06-30 | 1.12 | — | — |
| Q1 2014 | 2014-03-31 | 1.69 | — | — |
| Q4 2013 | 2013-12-31 | 1.73 | — | — |
HA Sustainable Infrastructure Capital debt-to-equity ratio trends
Over the last five fiscal years, HA Sustainable Infrastructure Capital's debt-to-equity ratio decreased from 0.49 to 0.08, a change of −0.41. The latest reported quarter, Q2 2026, shows 0.00.
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.
Review HA Sustainable Infrastructure Capital source filings ↗Community posts
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