Ocugen Debt-to-Equity Ratio Growth & History (OCGN)

Ocugen's debt-to-equity ratio was 1.10 for fiscal 2024.

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Ocugen annual debt-to-equity ratio history

Ocugen annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20242024-12-311.100.93+541.03%
20232023-12-310.170.08+98.60%
20222022-12-310.090.05+137.68%
20212021-12-310.04−0.08−68.63%
20202020-12-310.12−0.02−11.56%
20192019-12-310.13

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.

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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