Purple Innovation Debt-to-Equity Ratio Growth & History (PRPL)

Purple Innovation's debt-to-equity ratio was 8.10 for fiscal 2024.

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Purple Innovation annual debt-to-equity ratio history

Purple Innovation annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20242024-12-318.106.54+419.91%
20232023-12-311.560.54+53.77%
20222022-12-311.01−0.91−47.43%
20212021-12-311.930.48+32.75%
20202020-12-311.45
20172017-12-311.61

Purple Innovation debt-to-equity ratio trends

Between the periods ended 2017-12-31 and 2024-12-31, Purple Innovation's debt-to-equity ratio increased from 1.61 to 8.10, a change of 6.50. The latest reported quarter, Q1 2025, shows 132.03.

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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