Innodata (INOD) Debt Ratio (2010 - 2026)
Innodata's (INOD) Debt Ratio was 0.03 for Q2 2026, down 53.6% from 0.07 a year earlier and down 44.2% from the prior quarter.
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Analysis
Innodata (INOD) Debt Ratio (2010 - 2026) Analysis & Trends
For FY2025, Debt Ratio at Innodata was 0.06, down 25.5% from FY2024.
- By year, Debt Ratio came in at 0.07 in FY2024 (-45.3%), 0.14 in FY2023 (+9.1%), 0.12 in FY2022 (-2.1%) and 0.13 in FY2021 (-9.3%).
- The Q2 2026 figure ranks as the lowest quarterly Debt Ratio in data going back to Q4 2010.
- Year over year, Debt Ratio has now declined in each of the last ten quarters, with an average decline of 37.7% over the last eight quarters.
- The high point for year-over-year Debt Ratio in five years was Q2 2023 (growth of 23.9%); the low point was Q2 2026 (a decline of 53.6%).
- Per Business Quant data, the three quarters before Q2 2026 came in at 0.06 (Q1 2026), 0.06 (Q4 2025) and 0.06 (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 52.60 Bn | 39.10 Bn | 1.60 Bn | - |
| 2 | Cognizant Technology Solutions | 32.32 Bn | 25.49 Bn | 1.83 Bn | 0.07 |
| 3 | Wipro | 21.84 Bn | 16.54 Bn | 738.00 Mn | 0.13 |
| 4 | Td Synnex | 19.94 Bn | 14.10 Bn | 1.43 Bn | 0.13 |
| 5 | Cdw | 19.79 Bn | 17.78 Bn | 1.32 Bn | 0.34 |
| 6 | Cgi | 17.66 Bn | 15.46 Bn | - | 0.74 |
| 7 | Arrow Electronics | 11.17 Bn | 10.12 Bn | 1.13 Bn | 0.06 |
| 8 | Avnet | 7.58 Bn | 6.76 Bn | 865.03 Mn | 0.21 |
| 9 | EPAM Systems | 6.99 Bn | 2.63 Bn | 429.57 Mn | 0.01 |
| 10 | Innodata | 1.93 Bn | 1.41 Bn | 42.46 Mn | 0.03 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 0.03 |
| Mar 31, 2026 | 0.06 |
| Dec 31, 2025 | 0.06 |
| Sep 30, 2025 | 0.06 |
| Jun 30, 2025 | 0.07 |
| Mar 31, 2025 | 0.07 |
| Dec 31, 2024 | 0.07 |
| Sep 30, 2024 | 0.10 |
| Jun 30, 2024 | 0.12 |
| Mar 31, 2024 | 0.13 |
| Dec 31, 2023 | 0.14 |
| Sep 30, 2023 | 0.13 |
| Jun 30, 2023 | 0.17 |
| Mar 31, 2023 | 0.15 |
| Dec 31, 2022 | 0.12 |
| Sep 30, 2022 | 0.14 |
| Jun 30, 2022 | 0.13 |
| Mar 31, 2022 | 0.13 |
| Dec 31, 2021 | 0.13 |
| Sep 30, 2021 | 0.12 |
API Access
Innodata 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=INOD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "INOD", "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=INOD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();