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

Candel Therapeutics recorded quarterly Debt Ratio of 0.01 in Q4 2025, down 82.16% quarter-over-quarter from 0.05 in Q3 2025, and down 92.01% year-over-year from 0.1 in Q4 2024.

Candel Therapeutics' Debt Ratio history runs 6 years deep, the most recent figure standing at 0.01 for Q4 2025.

  • In Q4 2025, Debt Ratio fell 92.01% year-over-year to 0.01; the TTM figure through Dec 2025 stood at 0.01 (down 92.01% YoY), while the FY2025 annual figure 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.
  • A 5-year average of 0.23 and a median of 0.24 in 2022 frame the typical range for Debt Ratio.
  • Across the five-year window, Debt Ratio surged 5255.79% in 2023 and slumped 92.01% in 2025, its largest moves.
  • Candel Therapeutics' Debt Ratio stood at 0.01 in 2021, then jumped by 4042.14% to 0.26 in 2022, then soared by 91.58% to 0.5 in 2023, then tumbled by 79.78% to 0.1 in 2024, then tumbled by 92.01% to 0.01 in 2025.
  • According to Business Quant data, Debt Ratio over the past three periods registered 0.01, 0.05, and 0.06 for Q4 2025, Q3 2025, and Q2 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Debt Ratio (Qtr)
1 Quantum Biopharma 961,148.99 Bn 961,148.98 Bn - -
2 Alterity Therapeutics 744,933.29 Bn 744,933.26 Bn - -
3 Legend Biotech 2,540.00 Bn 2,539.71 Bn 242.10 Mn 0.18
4 Nanobiotix 2,199.85 Bn 2,199.78 Bn - 1.41
5 Akari Therapeutics 1,635.88 Bn 1,635.88 Bn - -
6 Vertex Pharmaceuticals 111.32 Bn 104.07 Bn 2.59 Bn -
7 Evaxion A 62.56 Bn 62.54 Bn - -
8 Regeneron Pharmaceuticals 62.55 Bn 53.79 Bn 3.31 Bn 0.05
9 Alnylam Pharmaceuticals 39.57 Bn 36.56 Bn 959.66 Mn -
10 Candel Therapeutics 449.62 Mn 449.62 Mn - 0.01

Historic Data

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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