Zentalis Pharmaceuticals Debt-to-Equity Ratio Growth & History (ZNTL)
Zentalis Pharmaceuticals's debt-to-equity ratio was 0.18 for fiscal 2025.
View full Zentalis Pharmaceuticals company overviewZentalis Pharmaceuticals annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.18 | 0.06 | +44.72% |
| 2024 | 2024-12-31 | 0.13 | 0.02 | +20.84% |
| 2023 | 2023-12-31 | 0.10 | −0.00 | −4.06% |
| 2022 | 2022-12-31 | 0.11 | −0.02 | −13.51% |
| 2021 | 2021-12-31 | 0.13 | 0.12 | +1847.32% |
| 2020 | 2020-12-31 | 0.01 | — | — |
Zentalis Pharmaceuticals quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q2 2026 | 2026-06-30 | 0.26 | 0.11 | +74.32% |
| Q1 2026 | 2026-03-31 | 0.21 | 0.07 | +48.24% |
| Q4 2025 | 2025-12-31 | 0.18 | 0.06 | +44.72% |
| Q3 2025 | 2025-09-30 | 0.16 | 0.04 | +31.02% |
| Q2 2025 | 2025-06-30 | 0.15 | 0.04 | +30.80% |
| Q1 2025 | 2025-03-31 | 0.14 | 0.04 | +44.37% |
| Q4 2024 | 2024-12-31 | 0.13 | 0.02 | +20.84% |
| Q3 2024 | 2024-09-30 | 0.12 | 0.03 | +28.75% |
| Q2 2024 | 2024-06-30 | 0.12 | 0.03 | +29.85% |
| Q1 2024 | 2024-03-31 | 0.10 | −0.02 | −18.95% |
| Q4 2023 | 2023-12-31 | 0.10 | −0.00 | −4.06% |
| Q3 2023 | 2023-09-30 | 0.09 | −0.01 | −10.03% |
| Q2 2023 | 2023-06-30 | 0.09 | −0.01 | −10.54% |
| Q1 2023 | 2023-03-31 | 0.12 | −0.02 | −16.84% |
| Q4 2022 | 2022-12-31 | 0.11 | −0.02 | −13.51% |
| Q3 2022 | 2022-09-30 | 0.11 | 0.10 | +4711.14% |
| Q2 2022 | 2022-06-30 | 0.10 | 0.09 | +1917.67% |
| Q1 2022 | 2022-03-31 | 0.15 | 0.14 | +2459.56% |
| Q4 2021 | 2021-12-31 | 0.13 | 0.12 | +1847.32% |
| Q3 2021 | 2021-09-30 | 0.00 | −0.00 | −57.86% |
| Q2 2021 | 2021-06-30 | 0.00 | −0.00 | −44.40% |
| Q1 2021 | 2021-03-31 | 0.01 | — | — |
| Q4 2020 | 2020-12-31 | 0.01 | — | — |
| Q3 2020 | 2020-09-30 | 0.01 | — | — |
| Q2 2020 | 2020-06-30 | 0.01 | — | — |
Zentalis Pharmaceuticals debt-to-equity ratio trends
Over the last five fiscal years, Zentalis Pharmaceuticals's debt-to-equity ratio increased from 0.01 to 0.18, a change of 0.18. The latest reported quarter, Q2 2026, shows 0.26.
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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