Mustang Bio annual debt-to-equity ratio
2018
2019
2020
2021
2022
2023
2025
Mustang Bio Debt-to-Equity Ratio Growth & History (MBIO)
Mustang Bio's debt-to-equity ratio was 0.00 for fiscal 2025.
View full Mustang Bio company overviewMustang Bio annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.00 | — | — |
| 2023 | 2023-12-31 | 20.33 | 20.24 | +24015.59% |
| 2022 | 2022-12-31 | 0.08 | 0.07 | +373.67% |
| 2021 | 2021-12-31 | 0.02 | −0.00 | −20.39% |
| 2020 | 2020-12-31 | 0.02 | −0.04 | −65.54% |
| 2019 | 2019-12-31 | 0.06 | 0.06 | — |
| 2018 | 2018-12-31 | 0.00 | — | — |
Mustang Bio quarterly debt-to-equity ratio
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.00 | 0.00 | — |
| Q1 2026 | 2026-03-31 | 0.00 | 0.00 | — |
| Q4 2025 | 2025-12-31 | 0.00 | — | — |
| Q3 2025 | 2025-09-30 | 0.00 | — | — |
| Q2 2025 | 2025-06-30 | 0.00 | — | — |
| Q1 2025 | 2025-03-31 | 0.00 | — | — |
| Q4 2023 | 2023-12-31 | 20.33 | 20.24 | +24015.59% |
| Q3 2023 | 2023-09-30 | 0.64 | 0.58 | +936.53% |
| Q2 2023 | 2023-06-30 | 0.19 | 0.17 | +749.56% |
| Q1 2023 | 2023-03-31 | 0.13 | 0.11 | +554.24% |
| Q4 2022 | 2022-12-31 | 0.08 | 0.07 | +373.67% |
| Q3 2022 | 2022-09-30 | 0.06 | 0.04 | +262.01% |
| Q2 2022 | 2022-06-30 | 0.02 | 0.01 | +41.63% |
| Q1 2022 | 2022-03-31 | 0.02 | 0.00 | +23.63% |
| Q4 2021 | 2021-12-31 | 0.02 | −0.00 | −20.39% |
| Q3 2021 | 2021-09-30 | 0.02 | −0.01 | −42.95% |
| Q2 2021 | 2021-06-30 | 0.02 | −0.09 | −84.50% |
| Q1 2021 | 2021-03-31 | 0.02 | −0.10 | −86.62% |
| Q4 2020 | 2020-12-31 | 0.02 | −0.04 | −65.54% |
| Q3 2020 | 2020-09-30 | 0.03 | −0.00 | −12.76% |
| Q2 2020 | 2020-06-30 | 0.10 | 0.08 | +266.42% |
| Q1 2020 | 2020-03-31 | 0.12 | 0.05 | +71.60% |
| Q4 2019 | 2019-12-31 | 0.06 | 0.06 | — |
| Q3 2019 | 2019-09-30 | 0.03 | — | — |
| Q2 2019 | 2019-06-30 | 0.03 | — | — |
| Q1 2019 | 2019-03-31 | 0.07 | — | — |
| Q4 2018 | 2018-12-31 | 0.00 | — | — |
Mustang Bio debt-to-equity ratio trends
Over the last five fiscal years, Mustang Bio's debt-to-equity ratio decreased from 0.02 to 0.00, a change of −0.02. The latest reported quarter, Q2 2026, shows 0.00.
About the metric
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.
Calculation and source
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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