TScan Therapeutics Debt-to-Equity Ratio Growth & History (TCRX)

TScan Therapeutics's debt-to-equity ratio was 0.76 for fiscal 2025.

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TScan Therapeutics annual debt-to-equity ratio history

TScan Therapeutics annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20252025-12-310.760.36+89.20%
20242024-12-310.40−0.21−34.04%
20232023-12-310.61−0.25−29.15%
20222022-12-310.860.83+2200.68%
20212021-12-310.04

TScan Therapeutics debt-to-equity ratio trends

Between the periods ended 2021-12-31 and 2025-12-31, TScan Therapeutics's debt-to-equity ratio increased from 0.04 to 0.76, a change of 0.73. The latest reported quarter, Q2 2026, shows 1.32.

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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