Exagen annual debt-to-equity ratio
2019
2020
2021
2022
2023
2024
2025
Exagen Debt-to-Equity Ratio Growth & History (XGN)
Exagen's debt-to-equity ratio was 1.59 for fiscal 2025.
View full Exagen company overviewExagen annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 1.59 | −0.86 | −35.26% |
| 2024 | 2024-12-31 | 2.45 | 1.39 | +130.81% |
| 2023 | 2023-12-31 | 1.06 | 0.21 | +24.97% |
| 2022 | 2022-12-31 | 0.85 | 0.51 | +149.11% |
| 2021 | 2021-12-31 | 0.34 | −0.32 | −48.23% |
| 2020 | 2020-12-31 | 0.66 | 0.18 | +37.09% |
| 2019 | 2019-12-31 | 0.48 | — | — |
Exagen quarterly debt-to-equity ratio
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 2.26 | 1.07 | +88.94% |
| Q1 2026 | 2026-03-31 | 1.88 | −1.78 | −48.61% |
| Q4 2025 | 2025-12-31 | 1.59 | −0.86 | −35.26% |
| Q3 2025 | 2025-09-30 | 1.53 | −0.30 | −16.29% |
| Q2 2025 | 2025-06-30 | 1.20 | −0.16 | −11.75% |
| Q1 2025 | 2025-03-31 | 3.66 | 2.49 | +211.67% |
| Q4 2024 | 2024-12-31 | 2.45 | 1.39 | +130.81% |
| Q3 2024 | 2024-09-30 | 1.83 | 0.93 | +103.36% |
| Q2 2024 | 2024-06-30 | 1.36 | 0.57 | +73.05% |
| Q1 2024 | 2024-03-31 | 1.17 | 0.19 | +19.63% |
| Q4 2023 | 2023-12-31 | 1.06 | 0.21 | +24.97% |
| Q3 2023 | 2023-09-30 | 0.90 | 0.27 | +42.50% |
| Q2 2023 | 2023-06-30 | 0.78 | 0.22 | +39.67% |
| Q1 2023 | 2023-03-31 | 0.98 | 0.52 | +112.27% |
| Q4 2022 | 2022-12-31 | 0.85 | 0.51 | +149.11% |
| Q3 2022 | 2022-09-30 | 0.63 | 0.32 | +105.75% |
| Q2 2022 | 2022-06-30 | 0.56 | 0.28 | +96.04% |
| Q1 2022 | 2022-03-31 | 0.46 | 0.19 | +72.16% |
| Q4 2021 | 2021-12-31 | 0.34 | −0.32 | −48.23% |
| Q3 2021 | 2021-09-30 | 0.31 | −0.29 | −48.92% |
| Q2 2021 | 2021-06-30 | 0.29 | −0.27 | −48.25% |
| Q1 2021 | 2021-03-31 | 0.27 | −0.25 | −48.36% |
| Q4 2020 | 2020-12-31 | 0.66 | 0.18 | +37.09% |
| Q3 2020 | 2020-09-30 | 0.60 | 0.16 | +36.31% |
| Q2 2020 | 2020-06-30 | 0.55 | — | — |
| Q1 2020 | 2020-03-31 | 0.52 | — | — |
| Q4 2019 | 2019-12-31 | 0.48 | — | — |
| Q3 2019 | 2019-09-30 | 0.44 | — | — |
Exagen debt-to-equity ratio trends
Over the last five fiscal years, Exagen's debt-to-equity ratio increased from 0.66 to 1.59, a change of 0.93. The latest reported quarter, Q2 2026, shows 2.26.
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.
Review Exagen source filings ↗