BullFrog AI Holdings (BFRG) Debt Ratio (2021 - 2025)

BullFrog AI Holdings' (BFRG) quarterly Debt Ratio came in at 0.02 in Q3 2025, down 44.94% YoY from 0.04 in Q3 2024, and down 46.47% on a QoQ basis from 0.04 in Q2 2025.

BullFrog AI Holdings (BFRG) Debt Ratio (2021 - 2025) Analysis & Trends

BullFrog AI Holdings (BFRG) has 5 years of Debt Ratio data on file, last reported at 0.02 in Q3 2025.

  • Quarterly Debt Ratio fell 44.94% year-over-year to 0.02 in Q3 2025, while the trailing twelve-month figure through Sep 2025 was 0.02 (down 44.94% YoY) and the FY2022 annual result came in at 3.17, down 35.2% from the prior year.
  • Debt Ratio eased to 0.02 in Q3 2025, from 0.04 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 4.89 in Q4 2021 to a low of 0.02 in Q3 2025.
  • A 5-year average of 0.78 and a median of 0.06 in 2024 frame the typical range for Debt Ratio.
  • Annual changes were most pronounced in 2024 — Debt Ratio slipped 19.84% — and 2025, when it tumbled 44.94%.
  • Tracing BFRG's Debt Ratio over 5 years: stood at 4.89 in 2021, then plunged by 35.2% to 3.17 in 2022, then tumbled by 98.4% to 0.05 in 2023, then declined by 26.14% to 0.04 in 2024, then plunged by 44.94% to 0.02 in 2025.
  • The last three Debt Ratio figures came in at 0.02 (Q3 2025), 0.04 (Q2 2025), and 0.04 (Q1 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Veeva Systems 39.72 Bn 32.40 Bn 662.02 Mn -
2 BrightSpring Health Services 12.19 Bn 11.64 Bn 492.75 Mn 0.37
3 Healthequity 8.79 Bn 8.52 Bn 256.31 Mn 0.29
4 10x Genomics 7.31 Bn 6.76 Bn 112.50 Mn -
5 Hinge Health 7.10 Bn 6.71 Bn 183.95 Mn -
6 MiniMed 5.66 Bn 5.36 Bn 480.00 Mn -
7 Waystar Holding 4.76 Bn 4.56 Bn 221.99 Mn 0.25
8 Doximity 4.46 Bn 3.77 Bn 132.93 Mn -
9 Heartflow 3.66 Bn 3.28 Bn 53.19 Mn -
10 BullFrog AI Holdings 6.51 Mn 4.22 Mn - -

Historic Data

Download Data
DateValue
Sep 30, 2025 0.02
Jun 30, 2025 0.04
Mar 31, 2025 0.04
Sep 30, 2024 0.04
Jun 30, 2024 0.06
Mar 31, 2024 0.07
Sep 30, 2023 0.05
Jun 30, 2023 0.07
Mar 31, 2023 0.10
Dec 31, 2022 3.17
Dec 31, 2021 4.89