Harvard Bioscience annual debt-to-equity ratio
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2025
Harvard Bioscience Debt-to-Equity Ratio Growth & History (HBIO)
Harvard Bioscience's debt-to-equity ratio was 3.22 for fiscal 2025.
View full Harvard Bioscience company overviewHarvard Bioscience annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 3.22 | 2.52 | +358.93% |
| 2024 | 2024-12-31 | 0.70 | 0.11 | +19.23% |
| 2023 | 2023-12-31 | 0.59 | −0.17 | −21.96% |
| 2022 | 2022-12-31 | 0.75 | 0.07 | +10.00% |
| 2021 | 2021-12-31 | 0.69 | −0.07 | −9.07% |
| 2020 | 2020-12-31 | 0.75 | 0.01 | +1.48% |
| 2019 | 2019-12-31 | 0.74 | 0.05 | +7.55% |
| 2018 | 2018-12-31 | 0.69 | 0.58 | +522.86% |
| 2017 | 2017-12-31 | 0.11 | −0.05 | −29.52% |
| 2016 | 2016-12-31 | 0.16 | −0.05 | −25.32% |
| 2015 | 2015-12-31 | 0.21 | 0.04 | +22.42% |
| 2014 | 2014-12-31 | 0.17 | −0.04 | −17.57% |
| 2013 | 2013-12-31 | 0.21 | 0.08 | +68.21% |
| 2012 | 2012-12-31 | 0.12 | −0.05 | −27.20% |
| 2011 | 2011-12-31 | 0.17 | −0.03 | −14.47% |
| 2010 | 2010-12-31 | 0.20 | — | — |
Harvard Bioscience quarterly debt-to-equity ratio
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| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 5.96 | 3.18 | +114.46% |
| Q1 2026 | 2026-03-31 | 4.39 | 1.36 | +44.63% |
| Q4 2025 | 2025-12-31 | 3.22 | 2.52 | +358.93% |
| Q3 2025 | 2025-09-30 | 3.04 | 2.34 | +331.08% |
| Q2 2025 | 2025-06-30 | 2.78 | 2.16 | +347.78% |
| Q1 2025 | 2025-03-31 | 3.04 | 2.43 | +401.78% |
| Q4 2024 | 2024-12-31 | 0.70 | 0.11 | +19.23% |
| Q3 2024 | 2024-09-30 | 0.71 | 0.09 | +15.02% |
| Q2 2024 | 2024-06-30 | 0.62 | −0.02 | −3.50% |
| Q1 2024 | 2024-03-31 | 0.61 | −0.09 | −12.47% |
| Q4 2023 | 2023-12-31 | 0.59 | −0.17 | −21.96% |
| Q3 2023 | 2023-09-30 | 0.61 | −0.18 | −22.80% |
| Q2 2023 | 2023-06-30 | 0.64 | −0.09 | −12.06% |
| Q1 2023 | 2023-03-31 | 0.69 | −0.06 | −7.61% |
| Q4 2022 | 2022-12-31 | 0.75 | 0.07 | +10.00% |
| Q3 2022 | 2022-09-30 | 0.79 | 0.09 | +12.44% |
| Q2 2022 | 2022-06-30 | 0.73 | 0.06 | +9.72% |
| Q1 2022 | 2022-03-31 | 0.75 | 0.06 | +8.75% |
| Q4 2021 | 2021-12-31 | 0.69 | −0.07 | −9.07% |
| Q3 2021 | 2021-09-30 | 0.71 | 0.01 | +1.45% |
| Q2 2021 | 2021-06-30 | 0.67 | −0.05 | −6.56% |
| Q1 2021 | 2021-03-31 | 0.69 | −0.10 | −12.30% |
| Q4 2020 | 2020-12-31 | 0.75 | 0.01 | +1.48% |
| Q3 2020 | 2020-09-30 | 0.70 | −0.11 | −14.04% |
| Q2 2020 | 2020-06-30 | 0.71 | −0.08 | −9.66% |
| Q1 2020 | 2020-03-31 | 0.78 | −0.03 | −3.73% |
| Q4 2019 | 2019-12-31 | 0.74 | 0.05 | +7.55% |
| Q3 2019 | 2019-09-30 | 0.81 | 0.08 | +10.73% |
| Q2 2019 | 2019-06-30 | 0.79 | 0.01 | +1.63% |
| Q1 2019 | 2019-03-31 | 0.82 | 0.04 | +4.98% |
| Q4 2018 | 2018-12-31 | 0.69 | 0.58 | +522.86% |
| Q3 2018 | 2018-09-30 | 0.73 | 0.61 | +481.77% |
| Q2 2018 | 2018-06-30 | 0.78 | 0.64 | +460.91% |
| Q1 2018 | 2018-03-31 | 0.78 | 0.63 | +416.52% |
| Q4 2017 | 2017-12-31 | 0.11 | −0.05 | −29.52% |
| Q3 2017 | 2017-09-30 | 0.13 | −0.04 | −24.64% |
| Q2 2017 | 2017-06-30 | 0.14 | −0.04 | −22.91% |
| Q1 2017 | 2017-03-31 | 0.15 | −0.04 | −20.43% |
| Q4 2016 | 2016-12-31 | 0.16 | −0.05 | −25.32% |
| Q3 2016 | 2016-09-30 | 0.17 | 0.01 | +3.88% |
| Q2 2016 | 2016-06-30 | 0.18 | 0.01 | +8.85% |
| Q1 2016 | 2016-03-31 | 0.19 | 0.00 | +1.17% |
| Q4 2015 | 2015-12-31 | 0.21 | 0.04 | +22.42% |
| Q3 2015 | 2015-09-30 | 0.16 | −0.03 | −14.56% |
| Q2 2015 | 2015-06-30 | 0.17 | −0.01 | −6.01% |
| Q1 2015 | 2015-03-31 | 0.19 | −0.01 | −2.91% |
| Q4 2014 | 2014-12-31 | 0.17 | −0.04 | −17.57% |
| Q3 2014 | 2014-09-30 | 0.19 | −0.00 | −1.07% |
| Q2 2014 | 2014-06-30 | 0.18 | −0.03 | −12.92% |
| Q1 2014 | 2014-03-31 | 0.19 | 0.08 | +67.31% |
| Q4 2013 | 2013-12-31 | 0.21 | 0.08 | +68.21% |
| Q3 2013 | 2013-09-30 | 0.19 | 0.04 | +24.70% |
| Q2 2013 | 2013-06-30 | 0.20 | 0.04 | +22.77% |
| Q1 2013 | 2013-03-31 | 0.11 | −0.06 | −32.86% |
| Q4 2012 | 2012-12-31 | 0.12 | −0.05 | −27.20% |
| Q3 2012 | 2012-09-30 | 0.15 | −0.02 | −10.26% |
| Q2 2012 | 2012-06-30 | 0.16 | −0.01 | −7.04% |
| Q1 2012 | 2012-03-31 | 0.17 | — | — |
| Q4 2011 | 2011-12-31 | 0.17 | −0.03 | −14.47% |
| Q3 2011 | 2011-09-30 | 0.17 | — | — |
| Q2 2011 | 2011-06-30 | 0.18 | — | — |
| Q4 2010 | 2010-12-31 | 0.20 | — | — |
Harvard Bioscience debt-to-equity ratio trends
Over the last five fiscal years, Harvard Bioscience's debt-to-equity ratio increased from 0.75 to 3.22, a change of 2.47. The latest reported quarter, Q2 2026, shows 5.96.
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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