Immatics N.V Debt-to-Equity Ratio Growth & History (IMTX)
Immatics N.V's debt-to-equity ratio was 0.03 for fiscal 2025.
View full Immatics N.V company overviewImmatics N.V annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.03 | 0.00 | +14.58% |
| 2024 | 2024-12-31 | 0.03 | −0.04 | −60.17% |
| 2023 | 2023-12-31 | 0.07 | −0.00 | −1.16% |
| 2022 | 2022-12-31 | 0.07 | −0.34 | −82.51% |
| 2021 | 2021-12-31 | 0.41 | 0.34 | +478.34% |
| 2020 | 2020-12-31 | 0.07 | — | — |
Immatics N.V quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.04 | −0.00 | −0.80% |
| Q1 2026 | 2026-03-31 | 0.03 | −0.00 | −3.44% |
| Q4 2025 | 2025-12-31 | 0.03 | 0.00 | +14.58% |
| Q3 2025 | 2025-09-30 | 0.04 | — | — |
| Q2 2025 | 2025-06-30 | 0.04 | −0.01 | −19.33% |
| Q1 2025 | 2025-03-31 | 0.03 | — | — |
| Q4 2024 | 2024-12-31 | 0.03 | −0.04 | −60.17% |
| Q2 2024 | 2024-06-30 | 0.05 | −0.03 | −40.76% |
| Q4 2023 | 2023-12-31 | 0.07 | −0.00 | −1.16% |
| Q2 2023 | 2023-06-30 | 0.08 | −0.05 | −41.32% |
| Q4 2022 | 2022-12-31 | 0.07 | −0.34 | −82.51% |
| Q2 2022 | 2022-06-30 | 0.13 | 0.00 | +3.56% |
| Q4 2021 | 2021-12-31 | 0.41 | 0.34 | +478.34% |
| Q2 2021 | 2021-06-30 | 0.13 | — | — |
| Q4 2020 | 2020-12-31 | 0.07 | — | — |
Immatics N.V debt-to-equity ratio trends
Over the last five fiscal years, Immatics N.V's debt-to-equity ratio decreased from 0.07 to 0.03, a change of −0.04. The latest reported quarter, Q2 2026, shows 0.04.
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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