IGC Pharma Debt-to-Equity Ratio Growth & History (IGC)
IGC Pharma's debt-to-equity ratio was 0.02 for fiscal 2025.
View full IGC Pharma company overviewIGC Pharma annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 · Dec 31 | 2025-12-31 | 0.02 | — | — |
| 2025 · Mar 31 | 2025-03-31 | 0.04 | −0.01 | −20.24% |
| 2024 | 2024-03-31 | 0.05 | 0.02 | +46.44% |
| 2023 | 2023-03-31 | 0.03 | 0.01 | +26.93% |
| 2022 | 2022-03-31 | 0.03 | −0.01 | −21.96% |
| 2021 | 2021-03-31 | 0.03 | 0.01 | +39.37% |
| 2020 | 2020-03-31 | 0.02 | 0.02 | +1478.85% |
| 2019 | 2019-03-31 | 0.00 | 0.00 | — |
| 2018 | 2018-03-31 | 0.00 | −0.06 | — |
| 2017 | 2017-03-31 | 0.06 | −0.00 | −0.17% |
| 2016 | 2016-03-31 | 0.06 | −0.05 | −45.40% |
| 2015 | 2015-03-31 | 0.11 | 0.11 | — |
| 2014 | 2014-03-31 | 0.00 | 0.00 | — |
| 2013 | 2013-03-31 | 0.00 | 0.00 | — |
| 2012 | 2012-03-31 | 0.00 | −0.14 | — |
| 2011 | 2011-03-31 | 0.14 | — | — |
IGC Pharma quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 · Jun 30 | 2026-06-30 | 0.00 | −0.03 | — |
| Q1 2026 · Mar 31 | 2026-03-31 | 0.00 | −0.04 | −96.12% |
| Q4 2025 · Dec 31 | 2025-12-31 | 0.02 | −0.02 | −55.22% |
| Q2 2026 · Sep 30 | 2025-09-30 | 0.02 | −0.02 | −55.46% |
| Q1 2026 · Jun 30 | 2025-06-30 | 0.03 | −0.01 | −22.06% |
| Q4 2025 · Mar 31 | 2025-03-31 | 0.04 | −0.01 | −20.24% |
| Q3 2025 | 2024-12-31 | 0.04 | 0.00 | +3.91% |
| Q2 2025 | 2024-09-30 | 0.04 | 0.01 | +40.36% |
| Q1 2025 | 2024-06-30 | 0.04 | 0.01 | +26.68% |
| Q4 2024 | 2024-03-31 | 0.05 | 0.02 | +46.44% |
| Q3 2024 | 2023-12-31 | 0.04 | 0.01 | +49.29% |
| Q2 2024 | 2023-09-30 | 0.03 | 0.00 | +8.99% |
| Q1 2024 | 2023-06-30 | 0.03 | 0.01 | +29.81% |
| Q4 2023 | 2023-03-31 | 0.03 | 0.01 | +26.93% |
| Q3 2023 | 2022-12-31 | 0.03 | 0.01 | +29.08% |
| Q2 2023 | 2022-09-30 | 0.03 | 0.01 | +26.91% |
| Q1 2023 | 2022-06-30 | 0.03 | 0.00 | +19.83% |
| Q4 2022 | 2022-03-31 | 0.03 | −0.01 | −21.96% |
| Q3 2022 | 2021-12-31 | 0.02 | −0.03 | −57.33% |
| Q2 2022 | 2021-09-30 | 0.02 | −0.03 | −54.67% |
| Q1 2022 | 2021-06-30 | 0.02 | −0.03 | −53.92% |
| Q4 2021 | 2021-03-31 | 0.03 | 0.01 | +39.37% |
| Q3 2021 | 2020-12-31 | 0.05 | 0.05 | +2940.75% |
| Q2 2021 | 2020-09-30 | 0.05 | 0.05 | +2855.00% |
| Q1 2021 | 2020-06-30 | 0.05 | 0.05 | +2990.35% |
| Q4 2020 | 2020-03-31 | 0.02 | 0.02 | +1478.85% |
| Q3 2020 | 2019-12-31 | 0.00 | 0.00 | — |
| Q2 2020 | 2019-09-30 | 0.00 | 0.00 | — |
| Q1 2020 | 2019-06-30 | 0.00 | 0.00 | — |
| Q4 2019 | 2019-03-31 | 0.00 | 0.00 | — |
| Q3 2019 | 2018-12-31 | 0.00 | 0.00 | — |
| Q2 2019 | 2018-09-30 | 0.00 | −0.06 | — |
| Q1 2019 | 2018-06-30 | 0.00 | −0.03 | — |
| Q4 2018 | 2018-03-31 | 0.00 | −0.06 | — |
| Q3 2018 | 2017-12-31 | 0.00 | −0.06 | — |
| Q2 2018 | 2017-09-30 | 0.06 | 0.01 | +24.06% |
| Q1 2018 | 2017-06-30 | 0.03 | −0.02 | −37.96% |
| Q4 2017 | 2017-03-31 | 0.06 | −0.00 | −0.17% |
| Q3 2017 | 2016-12-31 | 0.06 | −0.03 | −34.83% |
| Q2 2017 | 2016-09-30 | 0.05 | −0.01 | −23.57% |
| Q1 2017 | 2016-06-30 | 0.05 | −0.07 | −59.04% |
| Q4 2016 | 2016-03-31 | 0.06 | −0.05 | −45.40% |
| Q3 2016 | 2015-12-31 | 0.09 | 0.07 | +333.63% |
| Q2 2016 | 2015-09-30 | 0.06 | 0.04 | +159.77% |
| Q1 2016 | 2015-06-30 | 0.11 | 0.09 | +398.65% |
| Q4 2015 | 2015-03-31 | 0.11 | 0.11 | — |
| Q3 2015 | 2014-12-31 | 0.02 | 0.02 | — |
| Q2 2015 | 2014-09-30 | 0.02 | 0.02 | — |
| Q1 2015 | 2014-06-30 | 0.02 | 0.02 | — |
| Q4 2014 | 2014-03-31 | 0.00 | 0.00 | — |
| Q3 2014 | 2013-12-31 | 0.00 | −0.00 | — |
| Q2 2014 | 2013-09-30 | 0.00 | −0.01 | — |
| Q1 2014 | 2013-06-30 | 0.00 | −0.01 | — |
| Q4 2013 | 2013-03-31 | 0.00 | 0.00 | — |
| Q3 2013 | 2012-12-31 | 0.00 | −0.06 | −99.47% |
| Q2 2013 | 2012-09-30 | 0.01 | −0.13 | −91.36% |
| Q1 2013 | 2012-06-30 | 0.01 | −0.11 | −88.82% |
| Q4 2012 | 2012-03-31 | 0.00 | −0.14 | — |
| Q3 2012 | 2011-12-31 | 0.06 | — | — |
| Q2 2012 | 2011-09-30 | 0.14 | — | — |
| Q1 2012 | 2011-06-30 | 0.12 | — | — |
| Q4 2011 | 2011-03-31 | 0.14 | — | — |
IGC Pharma debt-to-equity ratio trends
Between the periods ended 2011-03-31 and 2025-12-31, IGC Pharma's debt-to-equity ratio decreased from 0.14 to 0.02, a change of −0.12. The latest reported quarter, Q2 2026 · Jun 30, 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.
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