Purple Innovation Debt-to-Equity Ratio Growth & History (PRPL)
Purple Innovation's debt-to-equity ratio was 8.10 for fiscal 2024.
View full Purple Innovation company overviewPurple Innovation annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2024 | 2024-12-31 | 8.10 | 6.54 | +419.91% |
| 2023 | 2023-12-31 | 1.56 | 0.54 | +53.77% |
| 2022 | 2022-12-31 | 1.01 | −0.91 | −47.43% |
| 2021 | 2021-12-31 | 1.93 | 0.48 | +32.75% |
| 2020 | 2020-12-31 | 1.45 | — | — |
| 2017 | 2017-12-31 | 1.61 | — | — |
Purple Innovation quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2025 | 2025-03-31 | 132.03 | 128.91 | +4132.33% |
| Q4 2024 | 2024-12-31 | 8.10 | 6.54 | +419.91% |
| Q3 2024 | 2024-09-30 | 5.46 | 4.29 | +368.05% |
| Q2 2024 | 2024-06-30 | 2.46 | 1.74 | +240.53% |
| Q1 2024 | 2024-03-31 | 3.12 | 2.51 | +413.24% |
| Q4 2023 | 2023-12-31 | 1.56 | 0.54 | +53.77% |
| Q3 2023 | 2023-09-30 | 1.17 | 0.50 | +74.22% |
| Q2 2023 | 2023-06-30 | 0.72 | 0.03 | +4.04% |
| Q1 2023 | 2023-03-31 | 0.61 | 0.01 | +1.14% |
| Q4 2022 | 2022-12-31 | 1.01 | −0.91 | −47.43% |
| Q3 2022 | 2022-09-30 | 0.67 | −0.09 | −12.27% |
| Q2 2022 | 2022-06-30 | 0.70 | −0.03 | −4.21% |
| Q1 2022 | 2022-03-31 | 0.60 | −0.10 | −13.94% |
| Q4 2021 | 2021-12-31 | 1.93 | 0.48 | +32.75% |
| Q3 2021 | 2021-09-30 | 0.76 | −0.25 | −24.44% |
| Q2 2021 | 2021-06-30 | 0.73 | −1.27 | −63.70% |
| Q1 2021 | 2021-03-31 | 0.70 | −5.01 | −87.76% |
| Q4 2020 | 2020-12-31 | 1.45 | — | — |
| Q3 2020 | 2020-09-30 | 1.01 | −21.16 | −95.45% |
| Q2 2020 | 2020-06-30 | 2.00 | −5.35 | −72.79% |
| Q1 2020 | 2020-03-31 | 5.70 | — | — |
| Q3 2019 | 2019-09-30 | 22.17 | −45.02 | −67.00% |
| Q2 2019 | 2019-06-30 | 7.35 | −7.36 | −50.03% |
| Q3 2018 | 2018-09-30 | 67.19 | — | — |
| Q2 2018 | 2018-06-30 | 14.71 | — | — |
| Q1 2018 | 2018-03-31 | 10.41 | — | — |
| Q4 2017 | 2017-12-31 | 1.61 | — | — |
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.
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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