Nuvation Bio Debt-to-Equity Ratio Growth & History (NUVB)
Nuvation Bio's debt-to-equity ratio was 0.19 for fiscal 2025.
View full Nuvation Bio company overviewNuvation Bio annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.19 | 0.17 | +876.00% |
| 2024 | 2024-12-31 | 0.02 | 0.01 | +190.29% |
| 2023 | 2023-12-31 | 0.01 | 0.00 | +1.83% |
| 2022 | 2022-12-31 | 0.01 | 0.00 | +58.80% |
| 2021 | 2021-12-31 | 0.00 | — | — |
Nuvation Bio quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.99 | 0.84 | +541.19% |
| Q1 2026 | 2026-03-31 | 0.18 | 0.15 | +557.32% |
| Q4 2025 | 2025-12-31 | 0.19 | 0.17 | +876.00% |
| Q3 2025 | 2025-09-30 | 0.18 | 0.15 | +693.20% |
| Q2 2025 | 2025-06-30 | 0.15 | 0.10 | +171.35% |
| Q1 2025 | 2025-03-31 | 0.03 | 0.02 | +357.62% |
| Q4 2024 | 2024-12-31 | 0.02 | 0.01 | +190.29% |
| Q3 2024 | 2024-09-30 | 0.02 | 0.01 | +205.02% |
| Q2 2024 | 2024-06-30 | 0.06 | 0.05 | +870.01% |
| Q1 2024 | 2024-03-31 | 0.01 | −0.00 | −4.01% |
| Q4 2023 | 2023-12-31 | 0.01 | 0.00 | +1.83% |
| Q3 2023 | 2023-09-30 | 0.01 | 0.00 | +9.02% |
| Q2 2023 | 2023-06-30 | 0.01 | −0.00 | −13.09% |
| Q1 2023 | 2023-03-31 | 0.01 | 0.00 | +60.93% |
| Q4 2022 | 2022-12-31 | 0.01 | 0.00 | +58.80% |
| Q3 2022 | 2022-09-30 | 0.01 | — | — |
| Q2 2022 | 2022-06-30 | 0.01 | — | — |
| Q1 2022 | 2022-03-31 | 0.00 | — | — |
| Q4 2021 | 2021-12-31 | 0.00 | — | — |
Nuvation Bio debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Nuvation Bio's debt-to-equity ratio increased from 0.00 to 0.19, a change of 0.18. The latest reported quarter, Q2 2026, shows 0.99.
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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