Pulse Biosciences Debt-to-Equity Ratio Growth & History (PLSE)
Pulse Biosciences's debt-to-equity ratio was 0.09 for fiscal 2025.
View full Pulse Biosciences company overviewPulse Biosciences annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.09 | 0.02 | +20.52% |
| 2024 | 2024-12-31 | 0.08 | −0.13 | −62.42% |
| 2023 | 2023-12-31 | 0.21 | — | — |
| 2021 | 2021-12-31 | 0.30 | −0.19 | −38.91% |
| 2020 | 2020-12-31 | 0.50 | 0.28 | +126.91% |
| 2019 | 2019-12-31 | 0.22 | — | — |
Pulse Biosciences quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.07 | −0.01 | −13.75% |
| Q1 2026 | 2026-03-31 | 0.11 | 0.04 | +49.04% |
| Q4 2025 | 2025-12-31 | 0.09 | 0.02 | +20.52% |
| Q3 2025 | 2025-09-30 | 0.09 | −0.02 | −19.50% |
| Q2 2025 | 2025-06-30 | 0.08 | −0.24 | −75.38% |
| Q1 2025 | 2025-03-31 | 0.07 | −0.17 | −70.47% |
| Q4 2024 | 2024-12-31 | 0.08 | −0.13 | −62.42% |
| Q3 2024 | 2024-09-30 | 0.11 | −0.07 | −41.24% |
| Q2 2024 | 2024-06-30 | 0.32 | 0.16 | +101.57% |
| Q1 2024 | 2024-03-31 | 0.25 | — | — |
| Q4 2023 | 2023-12-31 | 0.21 | — | — |
| Q3 2023 | 2023-09-30 | 0.18 | −1.47 | −89.12% |
| Q2 2023 | 2023-06-30 | 0.16 | −0.29 | −64.36% |
| Q3 2022 | 2022-09-30 | 1.65 | 1.42 | +613.42% |
| Q2 2022 | 2022-06-30 | 0.45 | 0.26 | +138.74% |
| Q1 2022 | 2022-03-31 | 0.51 | −0.04 | −7.40% |
| Q4 2021 | 2021-12-31 | 0.30 | −0.19 | −38.91% |
| Q3 2021 | 2021-09-30 | 0.23 | −0.12 | −33.74% |
| Q2 2021 | 2021-06-30 | 0.19 | −0.08 | −30.88% |
| Q1 2021 | 2021-03-31 | 0.55 | 0.24 | +77.05% |
| Q4 2020 | 2020-12-31 | 0.50 | 0.28 | +126.91% |
| Q3 2020 | 2020-09-30 | 0.35 | 0.26 | +272.51% |
| Q2 2020 | 2020-06-30 | 0.27 | 0.19 | +246.31% |
| Q1 2020 | 2020-03-31 | 0.31 | 0.28 | +1038.59% |
| Q4 2019 | 2019-12-31 | 0.22 | — | — |
| Q3 2019 | 2019-09-30 | 0.09 | — | — |
| Q2 2019 | 2019-06-30 | 0.08 | — | — |
| Q1 2019 | 2019-03-31 | 0.03 | — | — |
Pulse Biosciences debt-to-equity ratio trends
Over the last five fiscal years, Pulse Biosciences's debt-to-equity ratio decreased from 0.50 to 0.09, a change of −0.40. The latest reported quarter, Q2 2026, shows 0.07.
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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