Dave (DAVE) Debt Ratio (2021 - 2026)
Dave's (DAVE) quarterly Debt Ratio came in at 0.13 in Q2 2026, down 41.93% year-over-year from 0.23 in Q2 2025, and down 7.05% quarter-over-quarter from 0.14 in Q1 2026.
Analysis
Dave (DAVE) Debt Ratio (2021 - 2026) Analysis & Trends
Dave has disclosed Debt Ratio across 6 years of filings, most recently posting 0.13 for Q2 2026.
- In Q2 2026, Debt Ratio fell 41.93% year-over-year to 0.13; the TTM figure through Jun 2026 stood at 0.13 (down 41.93% YoY), while the FY2025 annual figure was 0.15, down 43.9% from the prior year.
- Debt Ratio came in at 0.13 for Q2 2026 at Dave, down from 0.14 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.32 in Q1 2024 to a low of 0.13 in Q2 2026.
- Average Debt Ratio over 5 years is 0.23, with a median of 0.26 recorded in 2023.
- Year-over-year, Debt Ratio surged 81.89% in 2023 and tumbled 45.69% in 2026.
- Over 5 years, Debt Ratio stood at 0.26 in 2022, then grew by 1.42% to 0.27 in 2023, then grew by 2.96% to 0.27 in 2024, then sank by 43.9% to 0.15 in 2025, then fell by 14.61% to 0.13 in 2026.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.13 in Q2 2026, 0.14 in Q1 2026, and 0.15 in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Chime Financial | 12.78 Bn | 11.72 Bn | 594.87 Mn | 0.09 |
| 2 | Jack Henry & Associates | 11.61 Bn | 11.60 Bn | 273.85 Mn | 0.01 |
| 3 | Dave | 4.36 Bn | 4.10 Bn | 159.27 Mn | 0.13 |
| 4 | Q2 Holdings | 3.87 Bn | 3.77 Bn | 130.20 Mn | - |
| 5 | nCino | 2.43 Bn | 2.36 Bn | 100.77 Mn | 0.18 |
| 6 | Alkami Technology | 2.11 Bn | 2.02 Bn | 73.81 Mn | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.13 |
| Mar 31, 2026 | 0.14 |
| Dec 31, 2025 | 0.15 |
| Sep 30, 2025 | 0.21 |
| Jun 30, 2025 | 0.23 |
| Mar 31, 2025 | 0.26 |
| Dec 31, 2024 | 0.27 |
| Sep 30, 2024 | 0.30 |
| Jun 30, 2024 | 0.31 |
| Mar 31, 2024 | 0.32 |
| Dec 31, 2023 | 0.27 |
| Sep 30, 2023 | 0.28 |
| Jun 30, 2023 | 0.28 |
| Mar 31, 2023 | 0.26 |
| Dec 31, 2022 | 0.26 |
| Sep 30, 2022 | 0.19 |
| Jun 30, 2022 | 0.15 |
| Mar 31, 2022 | 0.14 |
| Dec 31, 2021 | 0.48 |