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

Candel Therapeutics (CADL) reported Debt Ratio of 0.01 for Q4 2025, down 92.6% on a YoY basis from 0.11 in Q4 2024, and down 85.5% sequentially from 0.06 in Q3 2025.

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

Candel Therapeutics (CADL) has 6 years of Debt Ratio data on file, last reported at 0.01 in Q4 2025.

  • For the quarter ending Q4 2025, Debt Ratio fell 92.6% year-over-year to 0.01; the trailing twelve-month figure through Dec 2025 stood at 0.01 (down 92.6% YoY), and the FY2025 full-year result was 0.01, down 92.6% from the prior year.
  • Debt Ratio fell to 0.01 in Q4 2025, from 0.06 in the prior quarter.
  • In the past five years, Debt Ratio ranged from a high of 0.62 in Q2 2024 to a low of 0.01 in Q3 2021.
  • A 5-year average of 0.2 and a median of 0.11 in 2024 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio soared 5444.22% in 2023 and tumbled 92.6% in 2025, its largest moves.
  • Tracing CADL's Debt Ratio over 5 years: stood at 0.01 in 2021, then surged by 4042.14% to 0.26 in 2022, then declined by 9.98% to 0.23 in 2023, then tumbled by 53.51% to 0.11 in 2024, then plunged by 92.6% to 0.01 in 2025.
  • Business Quant data shows CADL's Debt Ratio at 0.01 in Q4 2025, 0.06 in Q3 2025, and 0.06 in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Oculis Holding AG 68,785.72 Bn 68,785.72 Bn - -
2 Nanobiotix 1,895.57 Bn 1,895.51 Bn - 1.41
3 BeOne Medicines 471.35 Bn 466.56 Bn 1.35 Bn 0.11
4 NuCana 279.75 Bn 279.75 Bn - -
5 Vertex Pharmaceuticals 120.24 Bn 113.00 Bn 2.59 Bn -
6 Regeneron Pharmaceuticals 67.80 Bn 59.04 Bn 3.31 Bn 0.05
7 Belite Bio 62.51 Bn 62.51 Bn - -
8 Argenx Se 57.38 Bn 57.38 Bn 1.41 Bn -
9 Revolution Medicines 37.78 Bn 37.78 Bn - -
10 Candel Therapeutics 542.51 Mn 542.51 Mn - 0.01

Historic Data

Download Data
DateValue
Dec 31, 2025 0.01
Sep 30, 2025 0.06
Jun 30, 2025 0.06
Mar 31, 2025 0.11
Dec 31, 2024 0.11
Sep 30, 2024 0.50
Jun 30, 2024 0.62
Mar 31, 2024 0.61
Dec 31, 2023 0.23
Sep 30, 2023 0.41
Jun 30, 2023 0.07
Mar 31, 2023 0.30
Dec 31, 2022 0.26
Sep 30, 2022 0.01
Jun 30, 2022 0.21
Mar 31, 2022 0.20
Dec 31, 2021 0.01
Sep 30, 2021 0.01
Jun 30, 2021 0.02
Dec 31, 2020 0.01