Candel Therapeutics (CADL) Debt Ratio (2020 - 2025)

Candel Therapeutics' (CADL) quarterly Debt Ratio came in at 0.01 in Q4 2025, down 92.01% year-on-year from 0.1 in Q4 2024, and down 82.16% quarter-over-quarter from 0.05 in Q3 2025.

Candel Therapeutics (CADL) Debt Ratio (2020 - 2025) Analysis & Trends

Candel Therapeutics has disclosed Debt Ratio across 6 years of filings, most recently posting 0.01 for Q4 2025.

  • Debt Ratio for Q4 2025 came in at 0.01, down 92.01% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.01 (down 92.01% YoY), and the FY2025 annual result was 0.01, down 92.01% from the prior year.
  • Debt Ratio came in at 0.01 for Q4 2025 at Candel Therapeutics, down from 0.05 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.61 in Q1 2024 to a low of 0.01 in Q1 2022.
  • The 5-year median for Debt Ratio is 0.24 (2022), against an average of 0.23.
  • Across the five-year window, Debt Ratio jumped 5255.79% in 2023 and tumbled 92.01% in 2025, its largest moves.
  • Candel Therapeutics' Debt Ratio stood at 0.01 in 2021, then soared by 4042.14% to 0.26 in 2022, then surged by 91.58% to 0.5 in 2023, then plunged by 79.78% to 0.1 in 2024, then plunged by 92.01% to 0.01 in 2025.
  • The last three Debt Ratio figures came in at 0.01 (Q4 2025), 0.05 (Q3 2025), and 0.06 (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Alterity Therapeutics 925,601.88 Bn 925,601.85 Bn - -
2 Belite Bio 58,560.00 Bn 58,560.00 Bn - -
3 Quantum Biopharma 17,284.41 Bn 17,284.40 Bn - -
4 Legend Biotech 2,809.00 Bn 2,808.71 Bn 242.10 Mn 0.18
5 Evaxion A 1,334.43 Bn 1,334.42 Bn - -
6 Akari Therapeutics 1,312.27 Bn 1,312.26 Bn - -
7 Psyence Biomedical 212.16 Bn 212.16 Bn - -
8 Vertex Pharmaceuticals 114.83 Bn 107.58 Bn 2.59 Bn -
9 Abivax 91.96 Bn 91.96 Bn - -
10 Candel Therapeutics 440.62 Mn 440.62 Mn - 0.01

Historic Data

Download Data
DateValue
Dec 31, 2025 0.01
Sep 30, 2025 0.05
Jun 30, 2025 0.06
Mar 31, 2025 0.11
Dec 31, 2024 0.10
Sep 30, 2024 0.50
Jun 30, 2024 0.40
Mar 31, 2024 0.61
Dec 31, 2023 0.50
Sep 30, 2023 0.41
Jun 30, 2023 0.35
Mar 31, 2023 0.30
Dec 31, 2022 0.26
Sep 30, 2022 0.24
Jun 30, 2022 0.01
Mar 31, 2022 0.01
Dec 31, 2021 0.01
Dec 31, 2020 0.01