Pharos Energy annual debt-to-equity ratio
2020
2021
2022
2023
2024
2025
Pharos Energy Debt-to-Equity Ratio Growth & History (PHAR)
Pharos Energy's debt-to-equity ratio was 0.00 for fiscal 2025.
View full Pharos Energy company overviewPharos Energy annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.00 | −0.00 | — |
| 2024 | 2024-12-31 | 0.00 | −0.15 | −99.54% |
| 2023 | 2023-12-31 | 0.15 | −0.08 | −35.48% |
| 2022 | 2022-12-31 | 0.23 | −0.04 | −14.22% |
| 2021 | 2021-12-31 | 0.26 | 0.08 | +43.57% |
| 2020 | 2020-12-31 | 0.18 | — | — |
Pharos Energy quarterly debt-to-equity ratio
Q4.24
Q2.25
Q4.25
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q4 2025 | 2025-12-31 | 0.00 | −0.00 | — |
| Q2 2025 | 2025-06-30 | 0.00 | — | — |
| Q4 2024 | 2024-12-31 | 0.00 | — | — |
Pharos Energy debt-to-equity ratio trends
Over the last five fiscal years, Pharos Energy's debt-to-equity ratio decreased from 0.18 to 0.00, a change of −0.18. The latest reported quarter, Q4 2025, 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 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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