Tenax Therapeutics Debt-to-Equity Ratio Growth & History (TENX)

Tenax Therapeutics's debt-to-equity ratio was 0.06 for fiscal 2023.

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Tenax Therapeutics annual debt-to-equity ratio history

Tenax Therapeutics annual debt-to-equity ratio

Fiscal yearPeriod endedDebt-to-equity ratioChangeGrowth
20232023-12-310.06−0.48−88.57%
20222022-12-310.540.47+689.90%
20212021-12-310.070.06+424.81%
20202020-12-310.01−0.03−71.33%
20192019-12-310.050.05
20182018-12-310.00
2015 · Apr 302015-04-300.000.00+10.29%
20142014-04-300.00

Tenax Therapeutics debt-to-equity ratio trends

Over the last five fiscal years, Tenax Therapeutics's debt-to-equity ratio increased from 0.00 to 0.06, a change of 0.06. The latest reported quarter, Q2 2026, shows 0.00.

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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