Candel Therapeutics (CADL) Debt to Equity (2020 - 2025)
Candel Therapeutics recorded quarterly Debt to Equity of $0.02 in Q4 2025, down 63.18% quarter-over-quarter from $0.05 in Q3 2025, and down 88.04% year-over-year from $0.16 in Q4 2024.
Candel Therapeutics' Debt to Equity history runs 6 years deep, the most recent figure standing at $0.02 for Q4 2025.
- In Q4 2025, Debt to Equity fell 88.04% year-over-year to $0.02; the TTM figure through Dec 2025 stood at $0.02 (down 88.04% YoY), while the FY2025 annual figure was $0.02, down 88.04% from the prior year.
- Debt to Equity came in at $0.02 for Q4 2025 at Candel Therapeutics, down from $0.05 in the prior quarter.
- In the past five years, Debt to Equity ranged from a high of $3.17 in Q1 2024 to a low of -$1.06 in Q2 2024.
- A 5-year average of $0.37 and a median of $0.13 in 2025 frame the typical range for Debt to Equity.
- Across the five-year window, Debt to Equity surged 6479.07% in 2023 and slumped 260.98% in 2024, its largest moves.
- Candel Therapeutics' Debt to Equity stood at $0.01 in 2021, then surged by 4749.19% to $0.42 in 2022, then surged by 280.36% to $1.61 in 2023, then sank by 89.92% to $0.16 in 2024, then slumped by 88.04% to $0.02 in 2025.
- According to Business Quant data, Debt to Equity over the past three periods registered $0.02, $0.05, and $0.07 for Q4 2025, Q3 2025, and Q2 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt/Equity (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 | - |
| 4 | Nanobiotix | 2,199.85 Bn | 2,199.78 Bn | - | - |
| 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 | 0.06 |
| 9 | Alnylam Pharmaceuticals | 39.57 Bn | 36.56 Bn | 959.66 Mn | - |
| 10 | Candel Therapeutics | 449.62 Mn | 449.62 Mn | - | 0.02 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.02 |
| Sep 30, 2025 | 0.05 |
| Jun 30, 2025 | 0.07 |
| Mar 31, 2025 | 0.13 |
| Dec 31, 2024 | 0.16 |
| Sep 30, 2024 | -0.70 |
| Jun 30, 2024 | -1.06 |
| Mar 31, 2024 | 3.17 |
| Dec 31, 2023 | 1.61 |
| Sep 30, 2023 | 0.89 |
| Jun 30, 2023 | 0.66 |
| Mar 31, 2023 | 0.51 |
| Dec 31, 2022 | 0.42 |
| Sep 30, 2022 | 0.39 |
| Jun 30, 2022 | 0.01 |
| Mar 31, 2022 | 0.01 |
| Dec 31, 2021 | 0.01 |
| Dec 31, 2020 | -0.02 |