Madrigal Pharmaceuticals annual debt-to-equity ratio
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2025
Madrigal Pharmaceuticals Debt-to-Equity Ratio Growth & History (MDGL)
Madrigal Pharmaceuticals's debt-to-equity ratio was 0.58 for fiscal 2025.
View full Madrigal Pharmaceuticals company overviewMadrigal Pharmaceuticals annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.58 | 0.42 | +263.91% |
| 2024 | 2024-12-31 | 0.16 | −0.13 | −45.18% |
| 2023 | 2023-12-31 | 0.29 | 0.04 | +14.39% |
| 2022 | 2022-12-31 | 0.25 | 0.25 | +6119.19% |
| 2021 | 2021-12-31 | 0.00 | 0.00 | +24.08% |
| 2020 | 2020-12-31 | 0.00 | 0.00 | +101.84% |
| 2019 | 2019-12-31 | 0.00 | — | — |
| 2013 | 2013-12-31 | 0.00 | 0.00 | +1287.13% |
| 2012 | 2012-12-31 | 0.00 | −0.00 | −89.40% |
| 2011 | 2011-12-31 | 0.00 | −0.01 | −81.80% |
| 2010 | 2010-12-31 | 0.01 | — | — |
Madrigal Pharmaceuticals quarterly debt-to-equity ratio
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Q1.12
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Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.66 | 0.49 | +272.84% |
| Q1 2026 | 2026-03-31 | 0.64 | 0.47 | +279.19% |
| Q4 2025 | 2025-12-31 | 0.58 | 0.42 | +263.91% |
| Q3 2025 | 2025-09-30 | 0.55 | 0.40 | +261.11% |
| Q2 2025 | 2025-06-30 | 0.18 | 0.04 | +29.29% |
| Q1 2025 | 2025-03-31 | 0.17 | 0.03 | +21.80% |
| Q4 2024 | 2024-12-31 | 0.16 | −0.13 | −45.18% |
| Q3 2024 | 2024-09-30 | 0.15 | −5.09 | −97.07% |
| Q2 2024 | 2024-06-30 | 0.14 | −0.83 | −85.69% |
| Q1 2024 | 2024-03-31 | 0.14 | −0.43 | −75.45% |
| Q4 2023 | 2023-12-31 | 0.29 | 0.04 | +14.39% |
| Q3 2023 | 2023-09-30 | 5.24 | 0.57 | +12.22% |
| Q2 2023 | 2023-06-30 | 0.96 | 0.37 | +61.75% |
| Q1 2023 | 2023-03-31 | 0.56 | 0.56 | +11702.10% |
| Q4 2022 | 2022-12-31 | 0.25 | 0.25 | +6119.19% |
| Q3 2022 | 2022-09-30 | 4.67 | 4.66 | +122148.19% |
| Q2 2022 | 2022-06-30 | 0.60 | 0.59 | +16059.88% |
| Q1 2022 | 2022-03-31 | 0.00 | 0.00 | +75.99% |
| Q4 2021 | 2021-12-31 | 0.00 | 0.00 | +24.08% |
| Q3 2021 | 2021-09-30 | 0.00 | 0.00 | +28.20% |
| Q2 2021 | 2021-06-30 | 0.00 | 0.00 | +142.92% |
| Q1 2021 | 2021-03-31 | 0.00 | 0.00 | +74.91% |
| Q4 2020 | 2020-12-31 | 0.00 | 0.00 | +101.84% |
| Q3 2020 | 2020-09-30 | 0.00 | 0.00 | +74.67% |
| Q2 2020 | 2020-06-30 | 0.00 | −0.00 | −16.10% |
| Q1 2020 | 2020-03-31 | 0.00 | −0.00 | −19.24% |
| Q4 2019 | 2019-12-31 | 0.00 | — | — |
| Q3 2019 | 2019-09-30 | 0.00 | — | — |
| Q2 2019 | 2019-06-30 | 0.00 | — | — |
| Q1 2019 | 2019-03-31 | 0.00 | — | — |
| Q2 2016 | 2016-06-30 | 0.00 | −0.00 | −43.84% |
| Q1 2016 | 2016-03-31 | 0.00 | −0.00 | −54.20% |
| Q3 2015 | 2015-09-30 | 0.00 | −0.00 | −21.99% |
| Q2 2015 | 2015-06-30 | 0.00 | −0.00 | −34.22% |
| Q1 2015 | 2015-03-31 | 0.00 | −0.00 | −46.44% |
| Q3 2014 | 2014-09-30 | 0.00 | 0.00 | +318.84% |
| Q2 2014 | 2014-06-30 | 0.00 | 0.00 | +534.51% |
| Q1 2014 | 2014-03-31 | 0.00 | 0.00 | +1461.62% |
| Q4 2013 | 2013-12-31 | 0.00 | 0.00 | +1287.13% |
| Q3 2013 | 2013-09-30 | 0.00 | −0.00 | −48.17% |
| Q2 2013 | 2013-06-30 | 0.00 | −0.00 | −78.00% |
| Q1 2013 | 2013-03-31 | 0.00 | −0.00 | −71.47% |
| Q4 2012 | 2012-12-31 | 0.00 | −0.00 | −89.40% |
| Q3 2012 | 2012-09-30 | 0.00 | −0.00 | −64.91% |
| Q2 2012 | 2012-06-30 | 0.00 | −0.00 | −26.68% |
| Q1 2012 | 2012-03-31 | 0.00 | — | — |
| Q4 2011 | 2011-12-31 | 0.00 | −0.01 | −81.80% |
| Q3 2011 | 2011-09-30 | 0.00 | — | — |
| Q2 2011 | 2011-06-30 | 0.00 | — | — |
| Q4 2010 | 2010-12-31 | 0.01 | — | — |
Madrigal Pharmaceuticals debt-to-equity ratio trends
Over the last five fiscal years, Madrigal Pharmaceuticals's debt-to-equity ratio increased from 0.00 to 0.58, a change of 0.57. The latest reported quarter, Q2 2026, shows 0.66.
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.
Review Madrigal Pharmaceuticals source filings ↗