Relay Therapeutics Debt-to-Equity Ratio Growth & History (RLAY)
Relay Therapeutics's debt-to-equity ratio was 0.06 for fiscal 2025.
View full Relay Therapeutics company overviewRelay Therapeutics annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.06 | −0.01 | −8.21% |
| 2024 | 2024-12-31 | 0.06 | −0.01 | −12.29% |
| 2023 | 2023-12-31 | 0.07 | 0.01 | +17.00% |
| 2022 | 2022-12-31 | 0.06 | 0.04 | +138.24% |
| 2021 | 2021-12-31 | 0.03 | −0.01 | −20.28% |
| 2020 | 2020-12-31 | 0.03 | — | — |
Relay Therapeutics quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.03 | −0.02 | −32.92% |
| Q1 2026 | 2026-03-31 | 0.05 | −0.02 | −24.84% |
| Q4 2025 | 2025-12-31 | 0.06 | −0.01 | −8.21% |
| Q3 2025 | 2025-09-30 | 0.05 | −0.00 | −7.65% |
| Q2 2025 | 2025-06-30 | 0.05 | −0.02 | −31.49% |
| Q1 2025 | 2025-03-31 | 0.07 | −0.00 | −6.75% |
| Q4 2024 | 2024-12-31 | 0.06 | −0.01 | −12.29% |
| Q3 2024 | 2024-09-30 | 0.06 | −0.01 | −15.34% |
| Q2 2024 | 2024-06-30 | 0.07 | 0.01 | +9.00% |
| Q1 2024 | 2024-03-31 | 0.07 | 0.01 | +9.19% |
| Q4 2023 | 2023-12-31 | 0.07 | 0.01 | +17.00% |
| Q3 2023 | 2023-09-30 | 0.07 | 0.01 | +16.34% |
| Q2 2023 | 2023-06-30 | 0.07 | 0.04 | +143.46% |
| Q1 2023 | 2023-03-31 | 0.06 | 0.04 | +140.62% |
| Q4 2022 | 2022-12-31 | 0.06 | 0.04 | +138.24% |
| Q3 2022 | 2022-09-30 | 0.06 | 0.02 | +47.70% |
| Q2 2022 | 2022-06-30 | 0.03 | −0.01 | −26.34% |
| Q1 2022 | 2022-03-31 | 0.03 | −0.01 | −18.83% |
| Q4 2021 | 2021-12-31 | 0.03 | −0.01 | −20.28% |
| Q3 2021 | 2021-09-30 | 0.04 | 0.01 | +21.79% |
| Q2 2021 | 2021-06-30 | 0.04 | — | — |
| Q1 2021 | 2021-03-31 | 0.03 | — | — |
| Q4 2020 | 2020-12-31 | 0.03 | — | — |
| Q3 2020 | 2020-09-30 | 0.03 | — | — |
Relay Therapeutics debt-to-equity ratio trends
Over the last five fiscal years, Relay Therapeutics's debt-to-equity ratio increased from 0.03 to 0.06, a change of 0.03. The latest reported quarter, Q2 2026, shows 0.03.
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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