Kingsway Debt-to-Equity Ratio Growth & History (KWY)
Kingsway's debt-to-equity ratio was 4.37 for fiscal 2025.
View full Kingsway company overviewKingsway annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 4.37 | −2.79 | −38.93% |
| 2024 | 2024-12-31 | 7.16 | 5.51 | +334.82% |
| 2023 | 2023-12-31 | 1.65 | −4.95 | −75.03% |
| 2022 | 2022-12-31 | 6.59 | — | — |
| 2019 | 2019-12-31 | 299.84 | 279.52 | +1375.41% |
| 2018 | 2018-12-31 | 20.32 | 14.42 | +244.33% |
| 2017 | 2017-12-31 | 5.90 | 1.73 | +41.44% |
| 2016 | 2016-12-31 | 4.17 | 3.22 | +338.74% |
| 2015 · Dec 31 | 2015-12-31 | 0.95 | −0.63 | −39.89% |
| 2014 | 2014-12-31 | 1.58 | −0.04 | −2.69% |
| 2013 | 2013-12-31 | 1.63 | 0.69 | +73.00% |
| 2012 | 2012-12-31 | 0.94 | 0.87 | +1211.61% |
| 2011 | 2011-12-31 | 0.07 | — | — |
Kingsway quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 4.00 | 0.50 | +14.17% |
| Q1 2026 | 2026-03-31 | 4.74 | −6.70 | −58.55% |
| Q4 2025 | 2025-12-31 | 4.37 | −2.79 | −38.93% |
| Q3 2025 | 2025-09-30 | 4.68 | −1.39 | −22.95% |
| Q2 2025 | 2025-06-30 | 3.51 | 1.15 | +48.65% |
| Q1 2025 | 2025-03-31 | 11.44 | 9.39 | +456.33% |
| Q4 2024 | 2024-12-31 | 7.16 | 5.51 | +334.82% |
| Q3 2024 | 2024-09-30 | 6.07 | 4.74 | +355.47% |
| Q2 2024 | 2024-06-30 | 2.36 | 0.65 | +37.77% |
| Q1 2024 | 2024-03-31 | 2.06 | 0.46 | +28.88% |
| Q4 2023 | 2023-12-31 | 1.65 | −4.95 | −75.03% |
| Q3 2023 | 2023-09-30 | 1.33 | −8.65 | −86.64% |
| Q2 2023 | 2023-06-30 | 1.71 | — | — |
| Q1 2023 | 2023-03-31 | 1.60 | — | — |
| Q4 2022 | 2022-12-31 | 6.59 | — | — |
| Q3 2022 | 2022-09-30 | 9.98 | — | — |
| Q3 2020 | 2020-09-30 | 43.84 | 11.39 | +35.10% |
| Q2 2020 | 2020-06-30 | 24.98 | 5.23 | +26.48% |
| Q1 2020 | 2020-03-31 | 19.74 | 1.65 | +9.13% |
| Q4 2019 | 2019-12-31 | 299.84 | 279.52 | +1375.41% |
| Q3 2019 | 2019-09-30 | 32.45 | 21.22 | +188.85% |
| Q2 2019 | 2019-06-30 | 19.75 | 11.90 | +151.47% |
| Q1 2019 | 2019-03-31 | 18.09 | 11.85 | +189.92% |
| Q4 2018 | 2018-12-31 | 20.32 | 14.42 | +244.33% |
| Q3 2018 | 2018-09-30 | 11.24 | 5.78 | +105.80% |
| Q2 2018 | 2018-06-30 | 7.85 | 2.71 | +52.80% |
| Q1 2018 | 2018-03-31 | 6.24 | 1.92 | +44.47% |
| Q4 2017 | 2017-12-31 | 5.90 | 1.73 | +41.44% |
| Q3 2017 | 2017-09-30 | 5.46 | −0.03 | −0.63% |
| Q2 2017 | 2017-06-30 | 5.14 | — | — |
| Q1 2017 | 2017-03-31 | 4.32 | — | — |
| Q4 2016 | 2016-12-31 | 4.17 | 3.22 | +338.74% |
| Q2 2016 | 2016-09-30 | 5.49 | 4.47 | +437.34% |
| Q4 2015 · Dec 31 | 2015-12-31 | 0.95 | −0.63 | −39.89% |
| Q3 2015 | 2015-09-30 | 1.02 | −0.23 | −18.56% |
| Q2 2015 | 2015-06-30 | 1.01 | −0.37 | −26.52% |
| Q1 2015 | 2015-03-31 | 1.48 | 0.47 | +45.92% |
| Q4 2014 | 2014-12-31 | 1.58 | −0.04 | −2.69% |
| Q3 2014 | 2014-09-30 | 1.26 | −0.07 | −4.98% |
| Q2 2014 | 2014-06-30 | 1.38 | −0.32 | −19.02% |
| Q1 2014 | 2014-03-31 | 1.01 | −0.46 | −31.03% |
| Q4 2013 | 2013-12-31 | 1.63 | 0.69 | +73.00% |
| Q3 2013 | 2013-09-30 | 1.32 | 1.14 | +633.42% |
| Q2 2013 | 2013-06-30 | 1.70 | 1.59 | +1444.60% |
| Q1 2013 | 2013-03-31 | 1.47 | 1.38 | +1458.84% |
| Q4 2012 | 2012-12-31 | 0.94 | 0.87 | +1211.61% |
| Q3 2012 | 2012-09-30 | 0.18 | — | — |
| Q2 2012 | 2012-06-30 | 0.11 | — | — |
| Q1 2012 | 2012-03-31 | 0.09 | — | — |
| Q4 2011 | 2011-12-31 | 0.07 | — | — |
Kingsway debt-to-equity ratio trends
Between the periods ended 2011-12-31 and 2025-12-31, Kingsway's debt-to-equity ratio increased from 0.07 to 4.37, a change of 4.30. The latest reported quarter, Q2 2026, shows 4.00.
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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