iSpecimen Debt-to-Equity Ratio Growth & History (ISPC)
iSpecimen's debt-to-equity ratio was 0.09 for fiscal 2025.
View full iSpecimen company overviewiSpecimen annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.09 | −0.01 | −7.68% |
| 2024 | 2024-12-31 | 0.09 | 0.07 | +367.99% |
| 2023 | 2023-12-31 | 0.02 | 0.01 | +120.15% |
| 2022 | 2022-12-31 | 0.01 | −0.11 | −92.03% |
| 2021 | 2021-12-31 | 0.11 | — | — |
iSpecimen quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.14 | −0.32 | −70.03% |
| Q1 2026 | 2026-03-31 | 0.31 | 0.13 | +74.13% |
| Q4 2025 | 2025-12-31 | 0.09 | −0.01 | −7.68% |
| Q3 2025 | 2025-09-30 | 0.09 | 0.02 | +33.30% |
| Q2 2025 | 2025-06-30 | 0.46 | 0.46 | +9575.50% |
| Q1 2025 | 2025-03-31 | 0.18 | 0.16 | +682.13% |
| Q4 2024 | 2024-12-31 | 0.09 | 0.07 | +367.99% |
| Q3 2024 | 2024-09-30 | 0.07 | 0.05 | +272.55% |
| Q2 2024 | 2024-06-30 | 0.00 | −0.00 | −34.83% |
| Q1 2024 | 2024-03-31 | 0.02 | 0.01 | +182.23% |
| Q4 2023 | 2023-12-31 | 0.02 | 0.01 | +120.15% |
| Q3 2023 | 2023-09-30 | 0.02 | −0.14 | −88.69% |
| Q2 2023 | 2023-06-30 | 0.01 | −0.14 | −94.97% |
| Q1 2023 | 2023-03-31 | 0.01 | −0.13 | −93.94% |
| Q4 2022 | 2022-12-31 | 0.01 | −0.11 | −92.03% |
| Q3 2022 | 2022-09-30 | 0.16 | 0.16 | — |
| Q2 2022 | 2022-06-30 | 0.15 | −0.10 | −41.78% |
| Q1 2022 | 2022-03-31 | 0.13 | — | — |
| Q4 2021 | 2021-12-31 | 0.11 | — | — |
| Q3 2021 | 2021-09-30 | 0.00 | — | — |
| Q2 2021 | 2021-06-30 | 0.25 | — | — |
iSpecimen debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, iSpecimen's debt-to-equity ratio decreased from 0.11 to 0.09, a change of −0.03. The latest reported quarter, Q2 2026, shows 0.14.
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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