Kodiak Sciences Debt-to-Equity Ratio Growth & History (KOD)
Kodiak Sciences's debt-to-equity ratio was 0.38 for fiscal 2025.
View full Kodiak Sciences company overviewKodiak Sciences annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.38 | −0.09 | −19.66% |
| 2024 | 2024-12-31 | 0.47 | 0.16 | +52.40% |
| 2023 | 2023-12-31 | 0.31 | 0.11 | +52.70% |
| 2022 | 2022-12-31 | 0.20 | 0.08 | +66.79% |
| 2021 | 2021-12-31 | 0.12 | 0.03 | +34.11% |
| 2020 | 2020-12-31 | 0.09 | 0.08 | +1504.96% |
| 2019 | 2019-12-31 | 0.01 | — | — |
Kodiak Sciences quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.86 | −0.06 | −6.93% |
| Q1 2026 | 2026-03-31 | 0.50 | −0.12 | −19.63% |
| Q4 2025 | 2025-12-31 | 0.38 | −0.09 | −19.66% |
| Q3 2025 | 2025-09-30 | 2.63 | 2.23 | +562.72% |
| Q2 2025 | 2025-06-30 | 0.93 | 0.57 | +162.69% |
| Q1 2025 | 2025-03-31 | 0.62 | 0.30 | +91.38% |
| Q4 2024 | 2024-12-31 | 0.47 | 0.16 | +52.40% |
| Q3 2024 | 2024-09-30 | 0.40 | 0.31 | +347.03% |
| Q2 2024 | 2024-06-30 | 0.35 | 0.33 | +1657.94% |
| Q1 2024 | 2024-03-31 | 0.32 | 0.10 | +46.95% |
| Q4 2023 | 2023-12-31 | 0.31 | 0.11 | +52.70% |
| Q3 2023 | 2023-09-30 | 0.09 | −0.09 | −51.62% |
| Q2 2023 | 2023-06-30 | 0.02 | −0.14 | −87.74% |
| Q1 2023 | 2023-03-31 | 0.22 | 0.08 | +62.18% |
| Q4 2022 | 2022-12-31 | 0.20 | 0.08 | +66.79% |
| Q3 2022 | 2022-09-30 | 0.18 | 0.07 | +68.49% |
| Q2 2022 | 2022-06-30 | 0.16 | 0.06 | +63.27% |
| Q1 2022 | 2022-03-31 | 0.14 | 0.04 | +44.17% |
| Q4 2021 | 2021-12-31 | 0.12 | 0.03 | +34.11% |
| Q3 2021 | 2021-09-30 | 0.11 | −0.17 | −60.39% |
| Q2 2021 | 2021-06-30 | 0.10 | 0.09 | +1699.56% |
| Q1 2021 | 2021-03-31 | 0.09 | 0.09 | +1591.44% |
| Q4 2020 | 2020-12-31 | 0.09 | 0.08 | +1504.96% |
| Q3 2020 | 2020-09-30 | 0.27 | 0.24 | +704.12% |
| Q2 2020 | 2020-06-30 | 0.01 | −0.02 | −81.69% |
| Q1 2020 | 2020-03-31 | 0.01 | −0.02 | −80.31% |
| Q4 2019 | 2019-12-31 | 0.01 | — | — |
| Q3 2019 | 2019-09-30 | 0.03 | — | — |
| Q2 2019 | 2019-06-30 | 0.03 | — | — |
| Q1 2019 | 2019-03-31 | 0.03 | — | — |
Kodiak Sciences debt-to-equity ratio trends
Over the last five fiscal years, Kodiak Sciences's debt-to-equity ratio increased from 0.09 to 0.38, a change of 0.29. The latest reported quarter, Q2 2026, shows 0.86.
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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