Ocugen Debt-to-Equity Ratio Growth & History (OCGN)
Ocugen's debt-to-equity ratio was 1.10 for fiscal 2024.
View full Ocugen company overviewOcugen annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 1.10 | 0.93 | +541.03% |
| 2023 | 2023-12-31 | 0.17 | 0.08 | +98.60% |
| 2022 | 2022-12-31 | 0.09 | 0.05 | +137.68% |
| 2021 | 2021-12-31 | 0.04 | −0.08 | −68.63% |
| 2020 | 2020-12-31 | 0.12 | −0.02 | −11.56% |
| 2019 | 2019-12-31 | 0.13 | — | — |
Ocugen quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | 5.74 | 3.74 | +186.83% |
| Q3 2025 | 2025-09-30 | 9.33 | 9.16 | +5488.83% |
| Q2 2025 | 2025-06-30 | 10.75 | 10.35 | +2551.75% |
| Q1 2025 | 2025-03-31 | 2.00 | 1.77 | +785.72% |
| Q4 2024 | 2024-12-31 | 1.10 | 0.93 | +541.03% |
| Q3 2024 | 2024-09-30 | 0.17 | 0.04 | +28.40% |
| Q2 2024 | 2024-06-30 | 0.41 | 0.29 | +265.59% |
| Q1 2024 | 2024-03-31 | 0.23 | 0.13 | +133.51% |
| Q4 2023 | 2023-12-31 | 0.17 | 0.08 | +98.60% |
| Q3 2023 | 2023-09-30 | 0.13 | 0.06 | +91.46% |
| Q2 2023 | 2023-06-30 | 0.11 | 0.06 | +112.53% |
| Q1 2023 | 2023-03-31 | 0.10 | 0.07 | +300.58% |
| Q4 2022 | 2022-12-31 | 0.09 | 0.05 | +137.68% |
| Q3 2022 | 2022-09-30 | 0.07 | 0.04 | +131.28% |
| Q2 2022 | 2022-06-30 | 0.05 | 0.02 | +91.68% |
| Q1 2022 | 2022-03-31 | 0.02 | −0.05 | −68.96% |
| Q4 2021 | 2021-12-31 | 0.04 | −0.08 | −68.63% |
| Q3 2021 | 2021-09-30 | 0.03 | −0.20 | −87.47% |
| Q2 2021 | 2021-06-30 | 0.03 | −0.41 | −93.74% |
| Q1 2021 | 2021-03-31 | 0.08 | −0.18 | −70.15% |
| Q4 2020 | 2020-12-31 | 0.12 | −0.02 | −11.56% |
| Q3 2020 | 2020-09-30 | 0.23 | — | — |
| Q2 2020 | 2020-06-30 | 0.43 | — | — |
| Q1 2020 | 2020-03-31 | 0.26 | — | — |
| Q4 2019 | 2019-12-31 | 0.13 | — | — |
Ocugen debt-to-equity ratio trends
Over the last five fiscal years, Ocugen's debt-to-equity ratio increased from 0.13 to 1.10, a change of 0.97. The latest reported quarter, Q1 2026, shows 5.74.
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.
Review Ocugen source filings ↗