Hesai (HSAI) Debt Ratio (2022 - 2026)
Hesai's Debt Ratio was 0.08 in Q3 2026, up 90.3% from 0.04 a year earlier.
Powered by 
Analysis
Hesai (HSAI) Debt Ratio (2022 - 2026) Analysis & Trends
From Q4 2022 onward, Hesai has reported Debt Ratio for 15 quarters.
- In earlier years, Debt Ratio was 0.10 in FY2024 (+45.9%), 0.07 in FY2023 and 0.00 in FY2022.
- The Q3 2026 figure marks the highest quarterly Debt Ratio since Q1 2025.
- Compared with a year earlier, Debt Ratio was higher in three of the last seven quarters, with growth averaging 10.7%.
- The best year-over-year quarter for Debt Ratio over five years was Q2 2024 (growth of 196.2%); the worst was Q1 2026 (a decline of 42.2%).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,177.41 Bn | 4,922.87 Bn | 54.82 Bn | 0.20 |
| 2 | Cisco Systems | 377.40 Bn | 377.40 Bn | 11.79 Bn | - |
| 3 | Arista Networks | 249.38 Bn | 198.58 Bn | 2.33 Bn | - |
| 4 | Dell Technologies | 220.34 Bn | 176.10 Bn | 9.83 Bn | 0.27 |
| 5 | Sony | 166.48 Bn | 103.89 Bn | 7.96 Bn | 0.09 |
| 6 | Sandisk | 127.44 Bn | 112.27 Bn | 9.38 Bn | - |
| 7 | Seagate Technology Holdings | 121.35 Bn | 116.20 Bn | 2.43 Bn | 0.23 |
| 8 | Western Digital | 110.67 Bn | 100.50 Bn | 2.53 Bn | 0.06 |
| 9 | Hewlett Packard Enterprise | 64.15 Bn | 42.09 Bn | 4.93 Bn | 0.24 |
| 10 | Hesai | 2.25 Bn | -1.27 Bn | 65.36 Mn | 0.08 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2026 | 0.08 |
| Mar 31, 2026 | 0.06 |
| Dec 31, 2025 | 0.08 |
| Sep 30, 2025 | 0.04 |
| Jun 30, 2025 | 0.06 |
| Mar 31, 2025 | 0.10 |
| Dec 31, 2024 | 0.13 |
| Sep 30, 2024 | 0.06 |
| Jun 30, 2024 | 0.06 |
| Mar 31, 2024 | 0.06 |
| Dec 31, 2023 | 0.09 |
| Sep 30, 2023 | 0.02 |
| Jun 30, 2023 | 0.02 |
| Mar 31, 2023 | 0.02 |
| Dec 31, 2022 | 0.00 |
API Access
Hesai Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=HSAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "HSAI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=HSAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();