Z Squared Debt-to-Equity Ratio Growth & History (ZSQR)
Z Squared's debt-to-equity ratio was 0.01 for fiscal 2025.
View full Z Squared company overviewZ Squared annual debt-to-equity ratio history
| Fiscal year | Period ended | Debt-to-equity ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-12-31 | 0.01 | −0.37 | −96.76% |
| 2024 | 2024-12-31 | 0.38 | −1.00 | −72.19% |
| 2023 | 2023-12-31 | 1.38 | 1.33 | +2880.90% |
| 2022 | 2022-12-31 | 0.05 | −1.30 | −96.56% |
| 2021 | 2021-12-31 | 1.35 | — | — |
Z Squared quarterly debt-to-equity ratio
| Fiscal quarter | Period ended | Debt-to-equity ratio | Change | YoY change |
|---|---|---|---|---|
| Q1 2026 | 2026-03-31 | 0.01 | −0.26 | −94.87% |
| Q4 2025 | 2025-12-31 | 0.01 | −0.37 | −96.76% |
| Q3 2025 | 2025-09-30 | 0.02 | −0.03 | −62.13% |
| Q2 2025 | 2025-06-30 | 0.20 | — | — |
| Q1 2025 | 2025-03-31 | 0.28 | — | — |
| Q4 2024 | 2024-12-31 | 0.38 | −1.00 | −72.19% |
| Q3 2024 | 2024-09-30 | 0.05 | −0.05 | −50.57% |
| Q4 2023 | 2023-12-31 | 1.38 | 1.33 | +2880.90% |
| Q3 2023 | 2023-09-30 | 0.09 | 0.07 | +289.50% |
| Q2 2023 | 2023-06-30 | 0.09 | −0.63 | −86.96% |
| Q1 2023 | 2023-03-31 | 0.23 | −0.41 | −63.87% |
| Q4 2022 | 2022-12-31 | 0.05 | −1.30 | −96.56% |
| Q3 2022 | 2022-09-30 | 0.02 | — | — |
| Q2 2022 | 2022-06-30 | 0.73 | — | — |
| Q1 2022 | 2022-03-31 | 0.64 | — | — |
| Q4 2021 | 2021-12-31 | 1.35 | — | — |
Z Squared debt-to-equity ratio trends
Between the periods ended 2021-12-31 and 2025-12-31, Z Squared's debt-to-equity ratio decreased from 1.35 to 0.01, a change of −1.33. The latest reported quarter, Q1 2026, shows 0.01.
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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